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Aussie Trading Room and Cartoons Gallery

  • #12,701
  • Nov 11, 2012 3:50pm Nov 11, 2012 3:50pm
Quoting DaddyBear
I see this nation has been transformed to a Commi society since 2009. Why should the US citizens be restricted to use the US Forex brokers only?
but if you open an offshore firm you may to use all broker?
  • #12,702
  • Nov 11, 2012 3:52pm Nov 11, 2012 3:52pm
Quoting maximmm
I'm not sure if I would hedge even if I could - for me it's not an issue.
For me it isn't just about not being allowed to hedge. Its about being restricted to 50:1. I used to trade 200:1 leverage. Its about not being able to trade in 2 different directions using 2 different system on different time frames. Its about having the hassle of dealing with First in First Out (FIFO). It didn't happen very often, however, when a trade went against me, I was able to hedge to lock in the loss and trade around it until it was covered or until it began to retrace. So this being the case, the law works for the market makers. I think mostly it is the point that we are restricted.

Respectfully,
fxstir
  • #12,703
  • Nov 11, 2012 3:52pm Nov 11, 2012 3:52pm
Quoting DaddyBear
Based on current PA, this cartoon's scenario may be the way to look into ......
As to when the China fever will be over, it's everyone's due diligence.
daddybearforex. com
  • #12,704
  • Nov 11, 2012 3:52pm Nov 11, 2012 3:52pm
Quoting DaddyBear
I see this nation has been transformed to a Commi society since 2009. Why should the US citizens be restricted to use the US Forex brokers only?
Oh my, that's funny. Communism? I can't stop laughing. Please give the details on this, otherwise I'll just go ahead and assume you're a fear monger. Do you even know what communism is?
Play the players, not the cards.
  • #12,705
  • Nov 11, 2012 3:54pm Nov 11, 2012 3:54pm
Quoting Tim_isoara
but if you open an offshore firm you may to use all broker?
Open an offshore account is not permitted by such crabby Act.
daddybearforex. com
  • #12,706
  • Nov 11, 2012 3:55pm Nov 11, 2012 3:55pm
Quoting DaddyBear
Open an offshore account is not permitted by such crabby Act.
not offshore account an offshore firm
  • #12,707
  • Nov 11, 2012 3:58pm Nov 11, 2012 3:58pm
Quoting GnarlyPips
Oh my, that's funny. Communism? I can't stop laughing. Please give the details on this, otherwise I'll just go ahead and assume you're a fear monger. Do you even know what communism is?
I have come to know what the Communism is since I was a child long time ago. I am not a fear monger. The Commi society does not mean the nation is under Communists control but the overall perception.

Now, the China is more capitalism than the US and the US is more Commi than the China. This is my perception.
daddybearforex. com
  • #12,708
  • Nov 11, 2012 4:00pm Nov 11, 2012 4:00pm
Quoting Tim_isoara
not offshore account an offshore firm
The US citizens and residents can only use US brokers.
daddybearforex. com
  • #12,709
  • Nov 11, 2012 4:03pm Nov 11, 2012 4:03pm
Quoting Tim_isoara
but if you open an offshore firm you may to use all broker?
I think this is only if they do not have a presence in the US market. And if you do use an overseas broker, as a US citizen are you not breaking the law? And what if you have dual citizen ship? How does the law apply? I don't know. It is probably buried in the 9000 pages of rules they have come up with so far and their only 1/3 of the way through it.

http://www.ibtimes.com/dodd-frank-rules-nearly-9000-pages-its-less-one-third-finished-726774

Perhaps one day it will be equivalent to our tax code of more than 60,000 pages.

Happy Trades,
fxstir
  • #12,710
  • Nov 11, 2012 4:04pm Nov 11, 2012 4:04pm
Let me make it clear about my view of the Aussie's next moves. The attached chart is my view and is still valid IMO. Bear in min, this is a daily chart. So, there will be up and down moves during the course of such up wave.

http://www.forexfactory.com/attachme...1&d=1352517283
daddybearforex. com
  • #12,711
  • Nov 11, 2012 4:04pm Nov 11, 2012 4:04pm
Quoting DaddyBear
The US citizens and residents can only use US brokers.
yes but us resident or citizens may open an offshore firm in belize. this firm is not us citizen or rezident is from Belize and rule by belize law and may work with all broker.
  • #12,712
  • Nov 11, 2012 4:07pm Nov 11, 2012 4:07pm
Current R/S range has been condensed. IMO, R/S may not play very well under such a status.
daddybearforex. com
  • #12,713
  • Nov 11, 2012 4:10pm Nov 11, 2012 4:10pm
Quoting Tim_isoara
yes but us resident or citizens may open an offshore firm in belize. this firm is not us citizen or rezident is from Belize and rule by belize law and may work with all broker.
I wouldn't try any firms other than US and UK brokers. BTW, The law applies to all US RESIDENTS regardless of where they are from.
daddybearforex. com
  • #12,714
  • Nov 11, 2012 4:14pm Nov 11, 2012 4:14pm
Looks like this is the scenario now but may not be the right level. The gap was faded by some Bears.

http://www.forexfactory.com/attachme...1&d=1352576752
daddybearforex. com
  • #12,715
  • Nov 11, 2012 4:16pm Nov 11, 2012 4:16pm
Quoting DaddyBear
I wouldn't try any firms other than US and UK brokers. BTW, The law applies to all US RESIDENTS regardless of where they are from.
yes the firm open in Belize work with an uk broker. Romney have a offshore firm an work with and pay pure tax
  • #12,716
  • Nov 11, 2012 4:17pm Nov 11, 2012 4:17pm
Quoting DaddyBear
Current R/S range has been condensed. IMO, R/S may not play very well under such a status.
If R/S is not the right tool now then what can we use instead?
daddybearforex. com
  • #12,717
  • Nov 11, 2012 4:18pm Nov 11, 2012 4:18pm
Quoting Tim_isoara
yes the firm open in Belize work with an uk broker. Romney have a offshore firm an work with and pay pure tax
Could you provide a link. I'd like to check it out.
daddybearforex. com
  • #12,718
  • Nov 11, 2012 4:20pm Nov 11, 2012 4:20pm
Quoting DaddyBear
If R/S is not the right tool now then what can we use instead?
IMO, Time and Events will come to play regardless of which TF one is using.
daddybearforex. com
  • #12,719
  • Nov 11, 2012 4:21pm Nov 11, 2012 4:21pm
Quoting DaddyBear
Could you provide a link. I'd like to check it out.
Romney's offshore $tash - New York Post (http://www.nypost.com/p/news/national/romney_offshore_tash_dw9ijYyvUHoyzgzN1dxLSJ)

www.nypost.com/.../romney_offshore_tash... - Traducerea acestei pagini (http://translate.google.ro/translate?hl=ro&sl=en&u=http://www.nypost.com/p/news/national/romney_offshore_tash_dw9ijYyvUHoyzgzN1dxLSJ&prev=/search%3Fq%3Dromney%2Bfirme%2Boffshore%26hl%3Dro%26biw%3D1024%26bih%3D575%26prmd%3Dimvns&sa=X&ei=TSOgUNrvOsTmtQbdjYHwCA&ved=0CD0Q7gEwAA)
19 Jan 2012 – Republican presidential front-runner Mitt Romney, who has already come under fire for his years as a CEO of an investment firm and paying ...



Mitt Romney Invests Millions In Offshore Accounts (http://www.huffingtonpost.com/2012/01/18/mitt-romney-offshore-finances_n_1214394.html)

www.huffingtonpost.com/.../mitt-romney-o... - Traducerea acestei pagini (http://translate.google.ro/translate?hl=ro&sl=en&u=http://www.huffingtonpost.com/2012/01/18/mitt-romney-offshore-finances_n_1214394.html&prev=/search%3Fq%3Dromney%2Bfirme%2Boffshore%26hl%3Dro%26biw%3D1024%26bih%3D575%26prmd%3Dimvns&sa=X&ei=TSOgUNrvOsTmtQbdjYHwCA&ved=0CEUQ7gEwAQ)
18 Jan 2012 – GOP presidential candidate Mitt Romney holds millions of dollars in offshore investments, a new report from ABC News finds. While it is unclear ...
  • #12,720
  • Nov 11, 2012 4:23pm Nov 11, 2012 4:23pm
Quoting Tim_isoara
Romney's offshore $tash - New York Post (http://www.nypost.com/p/news/national/romney_offshore_tash_dw9ijYyvUHoyzgzN1dxLSJ)

www.nypost.com/.../ (http://www.nypost.com/.../)romney_offshore_tash... - Traducerea acestei...
Presidential candidate Mitt Romney owns offshore company which means he could be even RICHER than the estimated $250million

 

  1. Sankaty High Yield Asset Investors Ltd, based in Bermuda, was not listed on any of Romney's state or federal financial reports
  2. The company is among several Romney holdings that have not been fully disclosed, including one that recently posted a $1.9 million earning


Read more: [url]http://www.dailymail.co.uk/news/article-2168653/Presidential-candidate-Mitt-Romney-owns-offshore-company-means-RICHER-estimated-250million.html#ixzz2BxIfq9g4 (http://translate.google.ro/translate?hl=ro&sl=en&u=http://www.nypost.com/p/news/national/romney_offshore_tash_dw9ijYyvUHoyzgzN1dxLSJ&prev=/search%3Fq%3Dromney%2Bfirme%2Boffshore%26hl%3Dro%26biw%3D1024%26bih%3D575%26prmd%3Dimvns&sa=X&ei=TSOgUNrvOsTmtQbdjYHwCA&ved=0CD0Q7gEwAA)
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