Traders

CFTC Charges California Man Patrick Dailey and His Texas Company with Fraud in Connection with a Multi-Million Dollar Commodity Pool

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Dailey and Strongbow Investments Allegedly Solicited at least $17 Million from Investors; Court Order Freezes Defendants’ Assets and Protects Books and Records Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) announced today that it charged Patrick J. Dailey …
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Integral Is The First White Label Trading Systems Provider To Announce NFA Compliance

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Critical Update Ensures Brokers Are Up-to-date With NFA Requirements Ahead of Stated Deadlines FX Power Trader’s Ability to Execute MQL4 Ensures Easy Transition of Expert Advisors Mountain View, CA (July 7, 2009) —Integral Development Corporation (www.integral.com) today announced compliance of …
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Notice to FXCM LLC (FXCM U.S.) Traders: How to use Stops and Limits after July 31

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Notice to FXCM LLC (FXCM U.S.) Traders: How to use Stops and Limits after July 31 For Immediate Release: Media Contact: Jaclyn Sales, jsales@fxcm.com New York―July 6, 2009―FXCM Holdings, has received numerous questions after our first e-mail regarding the new NFA …
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Forex Magnates is looking for Forex analysts and Authors for the IB and Software sections

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Dear Reads, Forex Magnates is looking to grow its offering to Traders and IBs and right now is looking for Forex Analysts who will provide content to the Traders section and Experts in the Introducing Brokering business to provide reviews …
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USD Commentary

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Our detailed commentary from last week both before and after the FOMC statement on Wednesday noted that we believe that the Fed’s comments would lead to USD strength in coming weeks. So far our theory has been tested as USD …
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Another Forex scammer pays the price!

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If you noticed, I’m monitoring here all the Forex ponzi and fraud scams that I know of in order to warn potential naive investors from investment that sound too good to be truth. Every once in a while these scammers …
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FOMC Statement – Follow Up

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We re-iterate our comments from last night. The Fed did comment that they forsee rates staying low for quite some time. That statement was enough for us to buy USD by shorting EUR/USD. Our next target level is 1.3680. See …
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Think Like a Dealer – FOMC Wednesday

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The US Federal Reserve prints it’s FOMC statement tomorrow at 2:15pm EST. After the Fed’s last FOMC announcement, we saw the futures markets price in a much higher expectation of the Fed increasing US short term interest rates by the …
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Finally the Brokers Guide explaining what Market Maker, STP and ECN brokers really are: Part 2/2

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Yesterday I talked about Market Making brokers today I’ll discuss STP and ECN brokers. Forex Broker, which is not a Market Maker, is either a Straight Through Processing Broker (STP) or an Electronic Communications Network Broker (ECN). These types of brokers are typically (and sometimes …
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Finally the Brokers Guide explaining what Market Maker, STP and ECN brokers really are: Part 1/2

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As I promised last week here goes the hopefully useful explanation about the various types of retail Forex brokers. Ever wanted to understand the difference between a DD, NDD, STP, MM, and ECN? Then this post should answer most of …
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