They do, in effect, right now it's called spread. How do you account for the fact the other low leverage markets experience the same/similar W:L ratio as spot FX?

US citizens won't be able to have forex accounts overseas

It's about time you guys woke up... you're arguing with a cackling, busybody housewife.

US citizens won't be able to have forex accounts overseas

Exactly. It, the Federal Reserve System, not Madoff, is the largest Ponzi scheme ever invented.

Get ready: Banks are cooking books!

Nice out of the box thinking indy! There is one potential (fatal) flaw, though: What if the "masses" don't actually trade? Does your theory still hold water?

RimDicator - forum indicator

Yep. The statics are honest, which is good. I had an epiphany recently regarding price action. Candlestick patterns are nothing more than a scratched / foggy lens of a camera obscuring the scene. There's a difference between clarity and confluence ...

A question about the book "Candlestick charting explained"

Great discussion, Fool. Gov' should not regulate conduct, just transparency. Open the books; let's see how many customers you have. what's the avg leverage/bal/DD... etc. Then, let each participant perform due diligence; let the marketplace act as ...

US citizens won't be able to have forex accounts overseas

Platitudes aside: “The more corrupt the state, the more it legislates.” --Tacitus When will America wake up?

US citizens won't be able to have forex accounts overseas

You bring up some good points about the leverage, but think you went off-base above. Not one dime of retail money, or any retail brokers, had/has/or will have anything to do with the financial collapse. Remember, the weapons of mass destruction we ...

US citizens won't be able to have forex accounts overseas

I'm paraphrasing (heavily) from a book I just finished, "...notice I just described price action without once using terms like spinning top, double/tripe bottoms, dark cloud.... triple half gainer back flip.... " The whole candlestick pattern BS ...

A question about the book "Candlestick charting explained"

Where's the contradiction? 1 contract @ 100:1 requires a min of $1,000 margin + safety margin. 1 contract @ 10:1 requires a min of $10,000 margin + safety margin. $1000 < $10,000 Scale it up or down, the math is the same. I think you guys are ...

US citizens won't be able to have forex accounts overseas

Agreed, but it does help those of us with some sense for money mgmt, a low entry fee into the sport. BTW, thew leverage has absolutely nothing to do with the retail trader's failure rate; only the speed at which it happens. Even at 1:1 we couldn't ...

US citizens won't be able to have forex accounts overseas

Remember, I'm speaking in relative terms. Bars 2 and 3 are lower on a relative, dynamic price distribution curve. This can help alert you to a potential mean reversion/reversal before it happens.

A couple of statements about the FX market

Actually, our Constitution was founded on an extreme hatred for the the King of England. But, this is getting far from the subject.

US citizens won't be able to have forex accounts overseas

I hope you guys are right, but keep in mind; CA is very large and has a long history of all kinds fraudsters and illegal activity. Heck, the (then) porn capital of the world was just around the corner from my former employer. Back in the 80's modern ...

Jacko's Forex House of Pleasure and Pain

I don't agree. Well, let me try this on you. What if I told you bar #3 actually has a lower high than bar #2. And, bar #2 has a lower high than bar #1. (EURUSD 1m chart, 06:17 London).

A couple of statements about the FX market

The Dog and Scarecrow... a lovely team! image image

Jacko's Forex House of Pleasure and Pain

No, relative; meaning, price isn't subjected to any box... it goes where it likes, whenever it likes. Too high and too low are street slang, but have no real meaning.

A couple of statements about the FX market

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Non-US Broker Question

Easy... The ban only pertains to unregulated brokers, not the IBFXs, IBs... etc., of the FX retail world. This is actually a good thing... embrace it.

US citizens won't be able to have forex accounts overseas