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Folks, I am having a blast shorting EUR/TRY and USD/TRY. It's well worth paying the 20 pip spread.

Maybe I'm an idiot. But I have a lot of my indicators saying BUY, BUY, BUY!!!!:D And hopefully the FED won't make me loose my shirt in this trade....

That is correct!!! This is a customer coallition web site. Which is part of the Refcoed Yahoo Group. Sorry, didn't mean to come off like the site was representing Refco. www.refcoed.com is a site that is being developed to show the on going effort that the group is making to still get...

There will be eventually. The site is brand new and is looking to be the authorative site for the Refco FX mess.

Hey, make sure to check out the new refco bankruptcy site at www.refcoed.com . Looks like some positive developments are happening.

Looking at the reprentations is great. Looking at the actual opinion is better. " You ask whether the investment by the IRA in the Partnership will give rise to a prohibited transaction under section 4975 of the Code. Section 4975(e)(1) of the Code, in relevant part, defines the term...

Here's a good example of what I am talking about. When I did my previous searching on this topic, I found many of the Letters. http://www.dol.gov/ebsa/regs/AOs/ao2000-10a.html And everytime, it came back, no self dealing as long as you do NOT benifit financially or in any other way...

JoeTrader: Check out this link. Not a goverment web site, but it does explain what I'm doing? http://www.webcpa.com/article.cfm?articleid=20043&searchTerm=maxwell And as far as every bussiness being structured as a IRA LLC. Well, that would be a bit impossible, unless every...

That what it would appear to be. BTW, have you even bothered to do a google on IRA LLC? Not that all those web pages would give you such great advise, but it's a starter to get you into something more authorative like an IRS Ruling Letter, or a judgement by a court. Also, if you...

Hmm, I guess that like saying your IRA can invest in Fidelity, as long as you don't have any decision in the trades???? The IRS could care less what you invest your IRA in for the most part as long as you DON'T receive a benefit from your IRA before it's time to take money of it...

That's the secret. The LLC is set up so that only IRA enties and Charities can invest into it. In no way can it inure me, or my family..

Here's an update: Everything is set up, and running fine, as far as the IRAs. I've filed for my 501C status for my charity, and am still waiting on the IRS to give me their ruling. Right now I am thinking about opening up Educational IRA's for my nieces that will in turn invest into my...

I believe as in all market, more traders smooth out prices. Therefore FOREX smoothes out exchange rates and makes them more predictable. Not, that in FOREX pairs where there is not a lot of volume, the exchange rates can make radically changes, which hurts all markets dealing with those...

BTW, July 20th should prove to be an very interesting day in court. It could be a free for all. Do you have somebody representing YOU in the court room? Those of you who are being held hostage by REFCO. Are you in the fight? Or do you plan on just rolling over and letting the Banks...

The following is a link to the the Court from FXCM. http://www.refcodocket.com/DocketFiles/2386a.pdf http://www.refcodocket.com/DocketFiles/2386b.pdf http://www.refcodocket.com/DocketFiles/2386c.pdf The second document is the agreement for FXCM to provide REFCO it's services. Now we...

Check out the New York Time article http://www.nypost.com/business/refco_customers_twisted_over_sale_business_zachery_kouwe.htm The Lawyer quoted in the article is working for the RefcoFX Account Holders Legal Fund. Note, we still need member, the article is in correct in that he dosn't...

Those of you that haven't filed your Proof of Claim might want to check out www.refcofxaccountholders.com. This will give you a link to a group that has formed a legal fund. We have a lawyer now that will be respresenting us in court, and has given us instruction on how to file our Proof...

The details are public. See attached. Here's an excerpt: It's just a quick cut and paste. Sorry about the formatting. Read the PDF around page 8. THE PROPOSED TRANSACTION The principal terms of the Term Sheet are as follows:2...

I guess I was that ONE trader.... I'm all alone!!!!:D :D

More preference than anything else. Both work fine used in combination with MACD and Bollinger Bands. I just wouldn't used Williams %R and Stochastics giving them the same weight. Meaning if Bollanger Bands Say Oversold, Macd says oversold, and Williams %R Says oversold, you have three...