Well then MIG Bank and Saxo Bank are about to get a huge amount of business from independent USA based traders like me.

no regulations stopping US residents from opening offshore accounts

Jimi Hendrix describes it well. video

EURUSD

Nice call, Swing 123.

EURUSD

I not so sure about being bullish right now. Between Trichet's upcoming speech (he wants the Euro down) here in within the hour and the FOMC minutes announcement it could be used as "sell the news" maneuver for the market. Just thinking out loud. ...

EURUSD

I'm not even thinking about shorting the E/U until GOLD stops flying.

EURUSD

I'm not Edgar Cayce or anything but the way the E/U had a gap up to 1.40, one would have suspected the U/J would go down to 81. But it's up here now at 82. There may be some underlying bids out there in the short term.

USD/JPY Discussion

Nice shooting, Tex! This is a perfect example of what USA based traders will lose now...

EURUSD

Nice breakdown of the Murrey Math lines, Forexcube.

Time Cell Trading

egkid, congratulations!

EURUSD

I remember that 1st first post. Very nice T/A work.

EURUSD

...and the USD/CHF is bouncing hard against the USD. I think the EUR/USD might have a pullback lower the the 3885 number being throw out here.

EURUSD

Nice heads up. Could be a signal for the market about the short term trend being over(profit taking, finally)...or maybe not Crazy days here lately.

EURUSD

The G/U seems to be content on staying in range bound pattern. I'm out at the moment and will wait for movement to commence again. So much for the diamond pattern breakout. I guess it was a dud.

Cable Update (GBPUSD)

!.4600 on the E/U? I would be cool with that, Geppy.

EURUSD

I don't think rumors of intervention scare anyone anymore. They better put their money where their mouth is and atleast stop the fall for more than a few hours/days. Intermittent pops aren't going to change the trend of the Yen and Franc.

EURUSD

U/C going to 94 then 9260. That would be cool by me, Driver55.

EURUSD

This is exactly what I've been trying to explain to the truly clueless that think the lowering of leverage was not a slippery slope. But no, they just sit there ignorant and say "well, lowering it to 50:1 is fine by me" or something like that. What ...

CFTC Final Retail Forex Rules - 50:1 Leverage

Diamond pattern breakouts are usually very big. This one has barely gotten started, imo. With that in mind, I would not be a shorter right now of the G/U.

Cable Update (GBPUSD)

I think we have confirmation now.

Cable Update (GBPUSD)

I think you misunderstood me (either on purpose as an out or there is a language barrier). Notice my big smile and my use of "humble regards" in my posts? That is considered being "nice". Anyway, good pips to you at whatever leverage you choose. ...

Leverage Reduction: First USA now Japan. Who's next?