Sep 3 2010

CFTC halts a forex ponzi scheme targeting deaf people

All Ponzi schemers are disgusting thieves, but some are even worse than that: Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained more than $6.2 million in disgorgement and civil monetary penalties in a federal court summary judgment against defendants Marvin Cooper and his company, Billion Coupons, Inc. (BCI), [...]

Aug 30 2010

CFTC to monitor high frequency trading more closely?

Better enforcement of high-frequency and algorithmic trading is required, said a commissioner at the Commodity Futures Trading Commission, The Wall Street Journal reports. More appropriate rules and regulations need to be developed to police the high-speed nature of computer-aided trading styles, added Scott O’Malia. New rules are needed instead of conforming pit trading enforcement methods [...]

Aug 24 2010

Forex Crunch and Forex Rate It Announce Trivia Quiz with Cash Prizes

Winners will be awarded cash prizes delivered directly to them, without having to open an account with any broker. August 23rd, Tel Aviv – Forex Crunch and Forex Rate It announced today the launch of a Forex trivia quiz running from August 23rd through September 6th. Participants in this quiz are required to answer 4 [...]

Aug 21 2010

USD/CAD looks to Poised to Break

The USD/CAD is in the process of pushing through the upward trend line of a 2 month down trend. 1.0500 is currently acting as intra-day resistance, but this pair looks poised to break out and run higher. The R2 Daily Pivot is at 1.0520, a sustained push through this level could lead to a strong [...]

Aug 20 2010

Meet FX now offers users Free Webinar Tools

MeetFX the new, Facebook like, forex social network specializing in EAs and money managers now offers free webinar tools. Meet FX, a premier social network that revolves around the retail Forex Market, has enhanced its offering to its users by offering an implemented webinar tool used for distance education. The webinar tool, offers all the [...]

Aug 20 2010

CFTC halts another forex ponzi scheme, this time by a pastor

Federal Court Freezes Assets of Oklahoma Man Jeremiah C. Yancy and His Company, Longbranch Group International LLC Yancy and Longbranch charged with operating a million dollar forex Ponzi scheme and misappropriating customer funds. Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained an emergency court order freezing assets held [...]

Aug 18 2010

Boston Technologies offers to automate your strategies

Boston Technologies the providers of first ever MT4 bridge (something that has become quite a commodity lately with more than 2 dozen bridges now being offered by various providers) are now offering to automate your strategy into an EA or upgrade an existing MQL4 one to MQL5. We’ve seen a similar offering from FXCM not [...]

Aug 18 2010

The BARX Fantasy Football League

Barclays retail forex operation – BARX, are entering the exciting arena of fantasy football. “This is your chance to manage a team of Premier League stars and fight for glory during the 2010/11 Barclays Premier League season! Choose from some of the best players on the planet, fine tune your tactics and you could be [...]

Aug 13 2010

Working your way towards a Trading Mindset

Toni Turner from Trading Views talks about strengthening your mind – to help with your trading. We know that powerful human emotions, greed and fear, rule the financial markets. As traders, we must learn to play off of the emotions of others, while commanding or mastering our own.  In other words, you trade with a [...]

Aug 13 2010

Obama’s reform a final blow to US Forex industry? Probably not

In case there are some who didn’t see this: Obama recently signed the “Dodd-Frank Wall Street Reform Act” which is a comprehensive reform of the financial industry, including OTC products such as forex. Most of the posts on the internet focused on the ominous analysis of this reform by James Bibbings of Turnkey Trading Partners [...]

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