Begs the question, why is Citi allowed in the US? Or, why haven't more US banks joined in? A quick search shows that Bank of America operates through Merrill Lynch but only provides institution and corporate clients. I can't find anything in Wells ...

Barclay won't take US clients either. I will assume Saxobank won't either as they list leverage up to 200:1. I haven't seen anything definitive though. I don't want to limit this to just banks that will deal with US clients as I'm sure others here ...

It's a confusing topic. FXDD said they don't allow US client to hedge, but that it's possible in the MT4 platform and will show no position in the back office. ATC gave a more detailed standard response: Marisol: In order to abide by the CFTC no ...

So it doesn't look like this is possible. Here is a discussion I had with an FXCM representative. Thank you for your patience. A representative will be with you shortly. If you experience any issues updating to the latest version of the Trading ...

Thanks. Will do. One last question for now then. Did you have any skepticism about trading exotics or was it an easy call since they have the highest interest rates? I don't know why I worry about it, but staying to the majors seems attractive to ...

The other big question is how do we calculate how large a position size we can add for, say, every $500 in equity in the account. Thus when we deposit so much in the account we can immediately add to our positions to begin collecting interest. ...

I don't agree that being short a currency has an 'infinite risk' because you say price could rise forever. In my opinion currencies, especially the majors, oscillate and will never rise in price forever. I would also say that will never fall in ...

Thanks for getting back to me. I'll have to read up on why being short USD to your broker reduces the margin call risk to zero. I have never blown up an account because of solid MM/leverage and never had to consider that sort of implication. I am ...

Thread died a little. I hope interest comes back in. I wonder if this system could be combined with a carry trade system to determine direction of our trades when hedging.

Just a quick idea to put out there so I don't lose it. Feel free to comment or not. Each hedge should have a dominant pair which can be determined by which has the higher ATR. At least, that's how I would determine it. Thus, when entering a hedge, ...

Indeed it is hard to find the correlation. How is that a hedge if they're not correlated then? At least, the correlations shorter than a week are fairly weak. Currencies tend to get into the +-80% on the weekly time frame. Perhaps the strategy would ...

It really depends on how you're defining 'paying' the spread. For example, I can trade 1 pair with a larger position size and 'pay' the same dollar amount in spread as if I played 5 pairs with smaller position sizes. Where my pip value is $10 on the ...

Something to think about is position size per trade. Its nice to think the system is hedged nicely, but when things go awry it'd suck to have 10 positions each causing a quick 2% loss. I suppose what we would want to figure out is how long we want ...

Cool beans. Honestly, I am not going to say the idea is anything special nor going to be fruitful. The idea would absolutely go down the drain when correlations disappear completely and it goes negative. That would be more to my point that perhaps ...

Yes for there to be profit it would require more than half of the positions to be winners/larger winners, or to have a few big winners. That's not a daring statement as you can say that about any trading system. You're correct in your statement that ...