Monthly Archives: March 2010

CFTC charges Dennis Todd Hagemann and Yellowstone Partners Inc. with operating a Forex Ponzi scheme

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Important: Please note that the company which is the subject of investigation by the CFTC is “Yellowstone Partners, Inc.” of North Carolina, and is entirely unrelated to Yellowstone Partners, LLC, a Registered Investment Advisory firm based in Idaho Falls, ID. …
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Trading the Trend Using Waves

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We’ve all heard the saying, “the trend is your friend”. This is what every newbie is taught when coming in to forex trading. Sometimes this saying really makes me laugh. Actually, I’m laughing right now. And then there’s the other …
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MB Trading launches TradingViews.com – Internet TV for traders

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Tradingviews.com is a new and interesting service by MB Trading. It’s based on the foundations of Wizetrade – a trading education company MB Trading acquired a while ago. Tradingviews.com’s claim to fame is its trial to deliver TV-like news channel …
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The rise of forex broker spreads comparison sites

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Spreads have always been one of the most important things forex traders are looking at when selecting their forex broker. While this is indeed an important aspect of forex trading often enough the importance of spreads is overrated as there …
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Forex Market Cycles and the Time Frames

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Raghee from IBFX says: “The idea behind my trade entries is to focus on what the pair and the specific time frame is telling me. The “message of the market” can be seen in a different light across the individual …
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CFTC charges Helmut Weber, Weber Capital Management with Forex Scheme

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Defendant used three websites to solicit customers and misappropriated approximately $280,000 of customer funds. Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) filed a complaint against Helmut H. Weber d/b/a Weber Capital Management (WCM) of Scottsdale, Arizona, charging …
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US Introducing Brokers form their own coalition to oppose proposed CFTC rules

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Looks like the opposition to the CFTC rules is picking up: Following the creation of Forex Dealers Coalition (www.fxdc.org) by most of US forex brokers, Introducing Brokers, who are expected to be severely hit by the new rules as well, are forming …
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NFA submits amendments to Compliance Rule 2- 30 regarding customer information and risk disclosure

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NFA and CFTC are working to ensure a much more strict compliance is enacted upon traders. As a part of this process NFA would like to make sure that more information is collected about traders and that it is updated …
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IG Markets Adds BATS to Deliver Market Depth

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IG Markets, the leading Contract for Difference (CFD) provider, has announced that its Smart Order Routing technology will now be extended to incorporate liquidity from BATS Europe, the operator of an innovative and technology-leading European Multilateral Trading Facility (MTF). We …
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CFTC Charges Texas Resident with Operating a Forex Ponzi Scheme

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Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it charged Willie L. Cloud, Jr. and his investment company, C & R Financial, Inc., both of Houston, Texas, with operating a Ponzi scheme in connection with …
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