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- 32 Results (22 Replies , 10 Comments )
- Wheels replied Aug 25, 2013
Not overly serious about this song, but good for a laugh.... video
- Wheels commented Aug 2, 2013
Heard a report a lot of low skill jobs being created among the 162,000 and that many have simply stopped looking (also affecting the unemployment rate). This is not positive news, but the Wall Street crooks will spin as they may.
- Wheels commented Jul 24, 2013
Nameless guest - not sure this is small thinking or an admission of the fact that some face adversity in America. This is nothing new. Ignoring problems is not big thinking. Nothing in this speech indicated small thinking. Small thinking ignores the ...
- Wheels commented Mar 14, 2013
Are you aware of the Virtual Dealer Plugin? There are many examples of nefarious activity in the forex market. As someone who does not scalp or play short-term trades, I think this activity affects me less. That said, you sound fairly foolish to ...
- Wheels replied Nov 19, 2012
Ask your broker who the liquidity provider and/or counter party is for a live trade. Let us know if you have any success. If everything was above ground, there would be no need to keep this stuff in the dark. **Let me add that I am currently in ...
- Wheels commented Nov 12, 2012
Name me a reliable source! Are you sure the Telegraph is anti-Europe, or perhaps just another paper fanning the flames?
- Wheels commented Jul 29, 2012
Mima - you racist piece of garbage. PIIGS is Europe whether you like it or not. Having a common currency without contingency plans for the fact that Greece and Germany are two very different countries was a horrible idea. But using racially charged ...
- Wheels replied Jan 11, 2012
If what the broker does in house is none of my business, then how can I confirm these two transactions took place. Your response raises red flags for me. But no credible evidence, huh? Makes you wonder how client money goes missing at MF Global when ...
- Wheels replied Jan 11, 2012
Will have to disagree on retail traders. We are in a separate pool trading derivative spot fX contracts. Perhaps some ECN brokers do it the way you describe, but the general rule, as I understand it, is that liquidity providers or counter parties ...
- Wheels replied Jan 11, 2012
You gotta be kidding. Steal money from the banking sector? Whether the tax can be implemented successfully is another question, but you have no historical context or understanding of the privilege banks have had these past three decades. Time ...
- Wheels replied Jan 10, 2012
The government definitely has a role, but it's a bit more than that. I think this perspective is just a bit too simplistic, though I appreciate the sentiment. But I will return to the key issue: the Tobin Tax. In isolation, it will fail. Does anyone ...
- Wheels replied Jan 10, 2012
I find it intriguing how this narrative about the evil bloated and wasteful government has infiltrated the consciousness of people the world over. Even after decades of hollowing out the state in the US, and Britain, and many other European ...
- Wheels replied Jan 10, 2012
It's a deal. Going it alone won't work, so Sarkozy is taking a bit of a risk. I support investigating and moving toward this kind of transaction tax with the caveat that it would require the participation of the US and all other European partners, ...
- Wheels replied Jan 10, 2012
No offence, but you are generally incorrect. The foreign exchange market itself is not a derivatives market. Not all spot trading is derivatives trading either. But you are on a website filled with primarily retail OTC traders. OTC spot trading is ...
- Wheels replied Jan 10, 2012
Sweden failed because they did it in isolation. France will experience the same fate if it tries to do likewise. If international bodies worked together and made public reporting requirements a reality through public exchanges of swaps and all forms ...
- Wheels replied Jan 10, 2012
I am 100% certain. There is a difference between OTC spot derivatives, cleared derivatives, and other forms of retail forex trading, but spot FX trading, as a general rule, is a derivatives market. I'm sure there are exceptions, but if we are ...
- Wheels replied Jan 10, 2012
Hell yes.
- Wheels commented Jan 10, 2012
More than the thought of experimenting with a Tobin tax to discourage volatility and increase government revenue, I love how stupid retail OTC traders on Forex Factory react to this news as if they are on side with the major players in financial ...
- Wheels replied Jan 10, 2012
Not worried about whether you're rude, although I appreciate the gesture to mitigate potential offence taken. Yes - flexibility will be key. I don't know what will happen with the Euro if Germany is successful in instituting a Tobin tax, but such a ...
- Wheels replied Jan 10, 2012
Your thread, your rules. The two are related, however. One can't institute new taxes without having adequate information. We still don't know where some of the MF Global trades went. Banks are up to their ears in swap arrangements. I'm happy to ...