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True not only of this thread, but also of most of the recently-active threads in this forum. Wonder why the onslaught of fx retailer marketing & propaganda? Is the gullibility quotient of the public trending down? If so, the retailer business may be drying up, requiring more marketing than...

PipsGalore promptly shut down after NTB fingered him. That's proof enough for me. Question: has Nick resurfaced since then?

Agreed.

In case my gratitude is underwhelming, let me add that it's a great comfort to know those congressional Republicans will be there for me if I face such a soul-trying problem in my family. They'll be there for you, too. It takes a community, truly.

I am reassured. To think I was worried that a bothersome little court might interfere with -- 1) Dick Cheney's right to place my life and property in jeopardy by battling our enemies at home and abroad. I mean, really, what's the use of a Declaration of War, voted by Congress, when you...

I'm afraid the problem is that there's no money, or not anywhere like enough money to go around, and most likely there never was enough money. At best, I imagine RefcoFX is holding some IOUs from entities affiliated with it beneath the bankrupt Refco umbrella. Those IOUs and its stake in FXCM...

Erratum, prior post: "near-term objective," not objection

No. And have not sold the June. Nothing on. Why? Reason for the trade, which I posted Tuesday of last week, appears priced in now, while the near-term objection (at or below 8500 "this week or next," quoting my Tuesday post), is realized. Staying short at this level may be more of a bet on...

Closed my near month YEN shorts at avg 008488, which added some (32 ticks per) to the profits through Monday 8 am.

You're steps ahead of most first-time posters in these forex forums.

no My next trading decision isn't a trailing stop for the existing shorts, but the price(s) for entering new shorts in the next month, the June contract.

Spersky, ". . . Today's 8 am profit is 2.32 times greater than max drawdown. And waiting for more."

Easy gig versus knife juggling. Selling and promoting retail fx to an unsophisticated audience is like juggling plush toys compared to actually trading foreign currencies.

Geez, I wonder if all of Lien's lemmings took the plunge? If any are left, they'll need powerful downward-looking radar to find 110.00 (spot) from here.

Near-month YEN falls to .008520 at 8 am my time today, putting my three YEN shorts in the money 315 ticks, after suffering max drawdown of 136 ticks early last week. The avg-in entry for the three improved to .008625 due to the one short added last session early overnight at .008655, which...

"Refco, that Phil Bennett thing? A fuss over nothing, the money's paid back, the stock's a screaming buy." "RefcoFX? Of course I know about it, no sweat. The customers will get every nickel back in January. Heck, if they're smart they'll keep trading, get even more. It's a lock, take it...

You were dead on with this call, which is a couple of ticks above session low today. I see you lowered the proposed entry by 20 ticks in the post following this .008600 call. Nothing wrong with trying to bargain hunt. For my part, I'll sell again tonight, adding one short to my two...

NTB, Very good catch. I hereby nominate you for ET Official Sleuth. You may be wrong, but your suspicion is valid enough. It'd be just like Nick DeJour to lure ET members into a hare chase. A March hare chase.

No. The risk/reward for exiting my trade at 8609 is 100 ticks risk, 1 tick reward. Not a good proposition (. . . and only a tiny bit better than the "heads we win, tails you lose" proposition RefcoFX has been making its frozen-withdrawal/trade-if-you-want spot fx customers).

Naturally, since my shorts have been underwater for two sessions -- by as much as, albeit briefly, 65 ticks from avg. in -- I'd be tickled to see 8600. I don't see YEN support there as you do, of course.