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Forex Forum Reviews - EliteTrader.com
By ben posted 2008-07-02
I agree with both of you. These guys are very rude. It's not a very friendly forum at all. If you have a different view or opinion about how you see the market it better line up the way they see it ...

Forex Software Reviews - ForexRobotTrader.com
By Al posted 2008-07-02
I would advise anyone to take caution when approaching this software. I have recently been on this forum and was invited by an individual to demo his trades while live trading. This is a function ...

Forex Education Reviews - Innervoicefx.com (Ruth Mayne)
By Steve posted 2008-07-01
Wow Jason: it is funny how jealousy or envy can turn a good heart of a good man into a wicked person who bears false witness. Jason my name is Stephen Paul Amella. If you have any issues with me I sug ...

Forex Signals Reviews - zulutrade.com (Leon Yohai & Kostas Eleftheriou)
By Ben Lancaster posted 2008-07-01
During the last month of live trading with a few systems on zulutrade I found out that many systems on the Zulutrade are basically unsustainable and unrealistic, due to the fact that most of the provi ...

Forex Signals Reviews - ProFXI.com
By FxLover posted 2008-06-30
The Discretionary, Aggressive account had a margin call. How can this happen? It was to show us how to make money making bad or not so good trades. 2008-06-27 2 Stars Accounts and trades on displ ...

Forex Software Reviews - ForexEasySystems.com
By Brett posted 2008-06-30
Review Moderation Note: This page is primarily for those who have live experience with the product, but we DO permit "No rating" reviews for those providing information that might influence someone's ...

Forex Education Reviews - Learn-to-Trade-Markets.com (Karl Richards)
By Steve Wood posted 2008-07-01
I have just finished reading the book Learn To Trade Markets by karl Richards. It is a fully rounded works which covers a huge amount of trading knowledge across all areas of Market Dynamics, Speculat ...

Forex Forum Reviews - fxinsights.com
By Yeno posted 2008-06-30
I will not take up a lot of space defending accusations from a gossip page posted by someone who doesn’t even have the guts to include his name. Suffice it to say that FXInsights has always been a fre ...

Forex Signals Reviews - invictatraders.com
By Lee C. posted 2008-06-29
Just another churn and burn system. Just by looking at their results and the 3 day trial you can and will clearly see that this system trades a lot hoping to profit from all the trading activity at th ...

Forex Signals Reviews - ablesys.com (eASCTrend Software)
By elliott brown posted 2008-06-29
I have been using ablesys 7.0 to trade the e-mini indicies for almost 3 years now and I have had very positive results. The makers of the software are very upfront about how it works. Ablesys picks th ...

I wonder - Is it logical ?
Tue, 08 Jul 2008 17:44:00 GMT
You know when you throw a coin there is a 50 percent chance to any side to appear. that mean from 100 times that we will throw the coin it will fall very close to 50 times for any side - simple statistic. The coin have two sides. The forex also have two sides he can go long or short bull or bear. So theoretical if in any time i will throw a coin and open a position according to what the coin will tell me i should be right with the forex direction 50 percent of the time. And if any position that i will open will have stop loss 10 pips and take profit 30 pips that mean that from 10 positions i need to be right only in 3 and i will be in profit : 3 times correct * 30 pips = 90 pips 7 times wrong * 10 pips = 70 pips 90 - 70 = 20 pips profit With 100 trades i need to be correct in 30 and can be wrong in 70!! and still be in 200 pips profit. What do you think is it logical ? Alon

new to forex
Tue, 08 Jul 2008 02:05:41 GMT
what is price action?

Market Reaction
Tue, 08 Jul 2008 01:44:32 GMT
Hello All, Why is it that after a news is released , at times theres is no immediate reaction until after some time,the market reacts accordingly .at times, this reaction could be opposite to whats expected. please can someone explain

FxWinTrades.com
Mon, 07 Jul 2008 21:47:35 GMT
Click here to read or submit reviews and ratings for fxwintrades.com >> (http://www.forexpeacearmy.com/public/review/www.fxwintrades.com) otherwise use this thread ("Post Reply" button below) to start a LIVE discussion and get responses from our FPA members.[/

Merrill Lynch Online
Mon, 07 Jul 2008 21:09:15 GMT
Daily Market Commentary for July 7, 2008 from Millennium-Traders.Com (http://www.millennium-traders.com) Merrill Lynch (NYSE: MER) looks to be scrambling for cash by selling 25% of its 49% stake in BlackRock and its 20% stake in Bloomberg. (read more (http://www.millennium-traders.com/news/newscommentary.aspx)) At the closing bell on the Stock Exchange, here is how the major world indices and major U.S. indices ended the session on the world market as well as the emerging markets including the stock market closing price: DOW (Dow Jones Industrial Average) loss of 56.58 points on the day to end the trading session at 11,231.96 NYSE (New York Stock Exchange) loss of 81.33 points to end the trading session at 8,400.21 NASDAQ loss of 2.06 points to end the trading session at 2,243.32 S&P 500 loss of 10.59 points to end the trading session at 1,252.31 FTSE All-World ex-U.S. loss of 0.37 points to end the trading session at 225.75 FTSE RAFI 1000 loss of 48.55 points to end the trading session at 4,837.99 BEL 20 (BEL20) loss of 20.12 points to end the trading session at 3,067.45 CAC 40 (CAC40) loss of 1.4 points to end the trading session at 4,342.59 FTSE100 (UKX100) gain of 36.1 points to end the trading session at 5,512.7 NIKKEI 225 (NIK/O) gain of 94.64 points to end the trading session at 13,360.04 Market trends on the New York Stock Exchange (NYSE) today: advanced stocks 982; declined stocks 2,216; unchanged stocks 90; stocks hitting new highs 9; stocks hitting new lows 577. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: BCE Incorporated (NYSE: BCE) gained 3.90 points on the trading session, high on the trading session $38.98, low on the trading session $38.32 for a closing stock price at $38.65; Marshall & Ilsely Corporation (NYSE: MI) shed 1.60 points on the trading session, high on the trading session $13.56, low on the trading session $12.24 for a closing stock price at $12.50; Bunge Limited (NYSE: BG) gained 1.99 points on the trading session, high on the trading session $100.41, low on the trading session $97.52 for a closing stock price at $99.12; SunTrust Banks Incorporated (NYSE: STI) shed 3.18 points on the trading session, high on the trading session $36.71, low on the trading session $30.92 for a closing stock price at $31.74; Flowserve Corporation (NYSE: FLS) gained 7.37 points on the trading session, high on the trading session $124.14, low on the trading session $116.31 for a closing stock price at $122.02; Monsanto Company (NYSE: MON) shed 1.57 points on the trading session, high on the trading session $122.82, low on the trading session $115.54 for a closing stock price at $118.64; Intrepid Potash Incorporated (NYSE: IPI) shed 2.80 points on the trading session, high on the trading session $57.75, low on the trading session $51.76 for a closing stock price at $53.14; Devon Energy Corporation (NYSE: DVN) shed 7.00 points on the trading session, high on the trading session $117.33, low on the trading session $109.22 for a closing stock price at $110.85; Furniture Brands International (NYSE: FBN) shed 1.12 points on the trading session, high on the trading session $11.98, low on the trading session $9.39 for a closing stock price at $11.00; MasterCard Incorporated (NYSE: MA) shed 7.64 points on the trading session, high on the trading session $259.11, low on the trading session $243.34 for a closing stock price at $246.10; United States Steel Corporation (NYSE: X) gained 1.95 points on the trading session, high on the trading session $163.38, low on the trading session $155.70 for a closing stock price at $157.75; Potash Corporation Saskatchewan (NYSE: POT) shed 2.02 points on the trading session, high on the trading session $217.18, low on the trading session $207.25 for a closing stock price at $209.98; Mosaic Company (NYSE: MOS) shed 2.86 points on the trading session, high on the trading session $135.96, low on the trading session $126.86 for a closing stock price at $129.43; Cash America International Incorporated (NYSE: CSH) gained 5.16 points on the trading session, high on the trading session $37.82, low on the trading session $32.19 for a closing stock price at $37.26. Market trends on the NASDAQ today: advanced stocks 991; declined stocks 1,933; unchanged stocks 126; stocks hitting new highs 10; stocks hitting new lows 492. List of volatile stocks as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Apple Incorporated (NasdaqGS: AAPL) gained 5.18 points on the trading session, high on the trading session $177.13, low on the trading session $171.90 for a closing stock price at $175.30; Bankrate Incorporated (NasdaqGS: RATE) shed 4.36 points on the trading session, high on the trading session $30.16, low on the trading session $25.05 for a closing stock price at $28.64;Baidu.com Incorporated (NasdaqGS: BIDU) gained 11.65 points on the trading session, high on the trading session $332.33, low on the trading session $320.01 for a closing stock price at $327.65; First Solar Incorporated (NasdaqGS: FSLR) gained 2.80 points on the trading session, high on the trading session $260.00, low on the trading session $246.51 for a closing stock price at $256.45; Google Incorporated (NasdaqGS: GOOG) gained 6.75 points on the trading session, high on the trading session $549.00, low on the trading session $535.60 for a closing stock price at $543.75. Market trends on the American Stock Exchange (AMEX) today: advanced stocks 407; declined stocks 783; unchanged stocks 72; stocks hitting new highs 23; stocks hitting new lows 169. Chicago Board of Trade Futures Market activity for the day, September 2008 Contracts, at time of this posting: E-mini S&P 500 (ES) end of day price 1251.75, change -13.25 E-mini NASDAQ-100 (NQ) end of day price 1828.75, change 6.75 E-mini S&P SmallCap 600 (SMP) end of day price 352.40, change 0.00 $5 DJIA (YM) end of day price 11,220, change -68 World Currencies at time of this posting: Euro 0.6389 to U.S. Dollars 1.5653 Japanese Yen 107.57 to U.S. Dollars 0.0093 British Pound 0.5076 to U.S. Dollars 1.9699 Canadian Dollar 1.0168 to U.S. Dollars 0.9835 Swiss Franc 1.0323 to U.S. Dollars 0.9687 Commodities Markets: Energy Sector: Light Crude (NYM) shed $3.92 on the day for a closing price of $141.37 a gallon ($US per bbl.); Heating Oil (NYM) shed $0.14 on the day for a closing price of $3.97 a gallon ($US per gal.); Natural Gas (NYM) shed $0.60 on the day for a closing price of $12.98 per million BTU ($US per mmbtu.); Unleaded Gas (NYM) shed $0.09 on the day for a closing price of $3.48 a gallon ($US per gal.). Metals Markets: Gold Market Price (CMX) shed $4.80 on the day for a closing price of $928.80 ($US per Troy oz.); Silver (CMX) shed $0.45 on the day for a closing price of $17.92 ($US per Troy oz.); Platinum (NYM) shed $46.60 on the day for a closing price of $1,983.80 ($US per Troy oz.) and Copper (CMX) shed $0.10 on the day for a closing price of $3.85 ($US per lb.). Livestock and Meat Markets (cents per lb.): Lean Hogs (CME) shed 0.63 on the day for a closing price of 70.33; Pork Bellies (CME) shed 3.0 on the day for a closing price of 64.05; Live Cattle (CME) shed 1.0 on the day for a closing price of 102.30; Feeder Cattle (CME) shed 0.55 on the day for a closing price of 111.03. Other Commodities (cents per bu.): Corn (CBT) shed 30.00 on the day for a closing price of 747.00 and Soybeans (CBT) shed 70.00 on the day for a closing price of 1,561.00. Bond action for the day: 2 year bond gained 1/32 on the day for a closing price of 100 21/32 with a Yield of 2.46, Yield Change -0.07; 5 year bond gained 2/32 on the day for a closing price of 100 13/32 with a Yield of 3.20, Yield Change -0.09; 10 year bond gained 1/32 on the day for a closing price of 99 5/32 with a Yield of 3.92, Yield Change -0.06; the 30 year bond gained 2/32 on the day for a closing price of 97 9/32 with a Yield of 4.49, Yield Change -0.05. U.S. Conference Board June Employment Trends Index fell by 0.6% to 111.9 and U.S. Conference Board May Employment Trends Index Revised to 112.6 from 113.7. Comments from President Federal Reserve Bank of San Francisco Janet L. Yellen: Inflation has become an increasing concern; inflation should moderate early next year; commodity prices likely to level off; recent spending data 'somewhat reassuring'; economy to grow modestly in 2008, pick up in 2009; house prices may keep falling well into 2009; markets may get worse before they improve; market function likely to improve by 2009; cost of credit likely to be higher in future; credit problems arising beyond home mortgages; inflation expectations reasonably well anchored; credit conditions tighter despite rate cut; positive about foreclosure aid bill; says Fed, ECB going in `different directions'; expects unemployment 'uptick' through 2009; so far 'we've skirted a recession'; neutral on need for new economic stimulus package. Monitor scheduled economic data every market morning by viewing the Daily Market Report from Millennium-Traders, free access to visitors on our website. Subscribe to our free Weekly MarketNews for a review of the past weeks trading action plus, view upcoming economic data for the week ahead. Review archives of the News & Commentary plus, our FREE Monthly Trading Lesson posted on our website. Thanks for reading Millennium-Traders.Com (http://www.millennium-traders.com)

Forty-two
Mon, 07 Jul 2008 18:21:16 GMT
Although 42 does not come before 1, according to both the Encycloperia Galactica and the Hitchhiker's Guide to the Galaxy, it is the ultimate answer to the ultimate question of Life, the Universe, and Everything. Some (for example, Cyclon) have claimed that since 42 does not come before 1, and is not one of the Fibonacci numbers, that it cannot be the true answer to the ultimate question of Life, the Universe, and Everything. Although the point that 42 does not come before 1 must be conceded, there is no reason to believe that the true answer to the ultimate question of Life, the Universe, and Everything should specifically have to come before or after 1. Also, although the most commonly used Fib sequence begins 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, etc. does not contain 42, there is no firm rule that a Fib sequence has to begin with 1, 1. Thus, the reader is invited to contemplate the following Fib sequence: 2, 2, 4, 6, 10, 16, 26, *42*, 68, etc. Therefor, 42 is a Fib number from a less commonly used, but equally valid Fib sequence. Forex Traders Glossary

Loonie
Mon, 07 Jul 2008 18:00:12 GMT
Nickname for the Canadian Dollar (CAD). Can also refer to the USDCAD pair. Canadians claim that this name refers to an image on their $1 coin. Non-Canadians have been known to suggest that the name refers to the mental state of anyone who would invest in Canadian Dollars. :p Forex Traders Glossary

Sterling
Mon, 07 Jul 2008 17:56:44 GMT
Another name for the British Pound Sterling or GBP. Can also refer to the GBPUSD pair. Also see Cable. Forex Traders Glossary

Forex Trading Signal 07/07/08
Mon, 07 Jul 2008 03:37:59 GMT
Hi there my Forex friend :) [media]http://www.youtube.com/watch?v=MtDNp0JT72s[/media] Hi-Quality Preview/Review: 1) 7-7-2008R-P.swf (http://homepage.mac.com/matwoj/fpa/7-7-2008R-P.html) Long-term Outlook: 2) 7-7-2008outlook1.swf (http://homepage.mac.com/matwoj/fpa/7-7-2008outlook1.html) Let's first review what happened on Friday. At 6:00 a.m. we had German Factory Orders which deviated pretty well but there was no market reaction at all. At 10:00 a.m. we had Canadian Ivey PMI coming out which came out 69.6 versus 62.25 expected. There was very little price action but if you trade it, you should be able to get out at BE. Let's talk about Monday. 1. Monday, July 7th, 2008 (4:30 a.m. New York Time) UK At 4:30 a.m. we will have UK Industrial Production m/m coming out which is expected to come out at -0.1%. I would recommend to use at least 0.3 trigger either direction. Last time we had +0.2 deviation GBP/USD spiked up by 15 pips and then it went the other direction. If it comes out at +0.2% or higher, I would buy GBP/USD and look for 30 pips price action. If it comes out at -0.4% or more negative, I would sell GBP/USD and look for 30 pips move as well. 2. Monday, July 7th, 2008 (6:00 a.m. New York Time) GERMANY At 6:00 a.m. we will have German Industrial Production. It is not tradable at this moment. 3. Monday, July 7th, 2008 (8:30 a.m. New York Time) CANADA At 8:30 a.m. we will have Canadian Building Permits m/m coming out. Last month with a big trigger it failed to move at all. I would consider skipping it but if you really want to trade it, I would sell USD/CAD if it comes out at 0 or positive. If it comes out at -11 or more negative, this might be quite a good signal and I would buy USD/CAD and expect 25 pips move. But again, I am not sure if it is going to work well. That's all for Monday. If you are interested more in trading news, go to Forex Diamonds - News Trading Education (http://www.forexdiamonds.com) where Sir Pips or Magister Pips are trading all of mentioned indicators live. Join the room, and get a lot of education from me and other traders that are there. They post trade plans and talk about the trades as well as they give entry and exit signal live while the market moves. You can try it with no risk for 21 days so if you don't like it it is free. If you find it useful, then you can stick with us and make grow you live account with us. I am pretty sure you will be satisfied but at least give a try. Worst case scenario, you will learn something and get all your money back. Thank you and good luck with your trades. To Our Success! -Sir Pipsalot & Crazy Cat The video with the signal is recorded by Sir Pipsalot. For your convenience, this text is written based on the video by Crazy Cat

attention : middle east members
Sun, 06 Jul 2008 10:57:59 GMT
I would like to introduce myself as Thilak from Dubai. As a newbie just I wanted to know few things from experienced middle east members. Can u suggest me a best broker who offers high laverage for a micro account. And I want to know which is the best bank in dubai which charges less for bankwires, so I can open a bank account with them. Your guidence will be highly appriciated.

How I uncovered Easy-Forex scam and few conclusions
Sun, 06 Jul 2008 07:41:22 GMT
The wiled Easy-Forex ride took place in Israel and part of it is told in the website: Easy-Forex (http://www.easy-forex-warning.com). Yet, I believe cruel and evil people are everywhere and therefore my experience should be a lesson to all of us. A neighbor of mine, Eli Sofer, told me about a great Forex company he and his buddy, Eyal Nisanian, have. The name of the company is Forex-Center (Israel). He told me that the company manages Forex accounts and that they have highly experienced account managers that made tons of money to their customers. I didn't fall into it (yet) and asked for proofs. An agent from Easy-Forex by the name of Ran Cohen, then sent me an Excel titled "example of managed account $250,000". The excel contained 400 deals all but 4 were good- A 60% profit in 6 months. I bought the story. Clearly I didn't new anything about the "net deposit" (see Easy-Forex (http://www.easy-forex-warning.com)) and that Eli Sofer, Eyal Nisanian, Easy-Forex, Easy-Forex employees, make money only and only if their customers lose. I didn't knew the whole thing was a setup. Forex-Center gave me a written guaranty for 90% of the money for one year and I opened an account at Easy-Forex. Forex-Center account manager made several good deals, but after two weeks they made few deals that drained about 50% of the account. The taped discussion with the account manager is transcribed in the website under “proof of crime #2” (see Easy-Forex (http://www.easy-forex-warning.com)). Clearly, Eli Sofer and Ran Cohen, apologized, and said, “these thing may happen….” Eli Sofer told me that Ran Cohen has a friend at Easy-Forex named Assaf Chason, and that he is anexpert Forex trader that is “willing” to help them recover the accounts of the company. He said that right now Assaf is a dealer at Easy-Forex so he will manage your account while working for Easy-Forex but no one should know about this. I told Eli Sofer, I have a guaranty for 90% of the money so I cannot tell you what to do, but I would like to meet this Guru and see his credentials. I would like to see accounts he managed for at least one year and I think you should see such proofs yourself. Eli replied “no problems”, “of-course”.... Assaf started to trade. In two months he made hundreds of deals, 80% of them were good. He new when a deal is wrong and closed it before it made damage. He did well and many new people joined Forex-Center, and the overall account he managed reached few million dollars. Along this time I asked again and again to meet Assaf but was told by Eli Sofer that Assaf refuses to meet customers. And then came the big fall - In 4-5 deals Assaf Chason lost 90% of the money in all of Forex-Center’s accounts. All of a sudden he “forgot” how to trade. Clearly I didn’t see any proof to Assaf's credentials as promised. I told Eli Sofer that they do not understand a thing about risk management and that I want to join the company- Forex-Center - to be close to the account managers and to make sure they don't take unnecessary risks. I had no other choice. I couldn’t withdraw what was left in my account because I was afraid I would lose the guaranty, I couldn’t leave the money there, as they would lose what is left of it. I had managment experience and thought I would manage the company much better than Eli Sofer and Eyal Nisanian. My goal was to give some structure to the account management process so that no mistakes will take place. All this without knowing that there was no risk management problem, and that the whole thing was a setup. After two months while working at Forex-Center I spoke to Gilad. Gilad was in charge of all agents in a Forex company, and he told me that in the past he was an agent at Easy-Forex but left the company. He told me about the "net deposit" method and that Easy-Forex and their employees, make money only if their customers lose. He told me that he complained about the method to Ofer Komem, the global CEO of Easy-Forex and that Ofer replied, “this is the most rewarding method”. This is when I started to get suspicious. In a second meeting with Gilad I lured him to repeat his story and taped him.((see Gilad testimony in the website: Easy-Forex (http://www.easy-forex-warning.com)). From this point on, I taped everyone I spoke with. In addition, I found out that Ran Cohen, the agent from Easy-Forex, was the actual CEO of Forex-Center before I joined the company. I was even able to put my hands on business cards of him as such.... Think about it, an agent of Easy-Forex is the CEO of a company that is managing accounts of Easy-Forex customers, while Easy-Forex makes money only if these customers loss their money. Outrages!!! I became Jackal and mister hide, or if you want, Trojan hours in Easy-Forex and Forex-Center. Without letting them know that I know, I went to meetings at Easy-Forex under the hat of Forex-Center and taped all the meetings. This is where the incriminating tapes with Easy-Forex management came from. Several breakthroughs came along the time. Other people have taped Easy-Forex employees incriminating themselves. A couple that took a 3 meetings "Forex course" by Ran Cohen made one of the taps. When I meet them they didn’t thought they have any chance in this battle against Easy-Forex. While talking to them the wife (which, by the way, was smarter than the husband) said she taped Ran Cohen’s course and that she thinks there may be something there. I didn’t now what to expect but decided to check these tapes. Note that these were old cassette recorder so I first transferred them to digital format and download them to my computer. It didn’t take much time from that point to realized that I striked gold. A small section of this tape is given in the website. This is the discussion of Ran Cohen recruiting the husband to become an account manager. When the wife said here husband is trading for only three months, and that he doesn’t have a license and doesn’t really know how to trade, Ran told here, “What does he has to learn? He is doing it today. Besides, he doesn’t move an inch without being told.” In other words, he will be my puppet….I, that will makes my profit from his lose will tell him what to do…. The other breakthroughs came after the story was told in the news. I meet people that were Ran Cohen’s customers, sub-agents, and account managers. These people, for some odd reasons, had their cellphone on "tape" mode every time they spoke to Easy-Forex people.... These outraging taps will be disclosed in the book after all the evidences will be revealed in court. It is important to understand that the sin starts with the “net deposit” outraging method. It is also important to understand that this outraging method was envisioned by Easy-Forex CEO, Ofer Komem. Therefore this is not an Israeli slip, but a global Easy-Forex tradition. Just to make my point, this is what I read in this forum by Jannet: Warning Easyforex platform They state one can freeze a rate thus avoiding slippage ,,NOT True I got the message “Try again “ many times … Thus I lost the advantage . This is one of their guarantees of trade and their promotion to gain more clients against the other platforms .. Its not honest ……….. The real problem is If one is following a fall and one tries to close out of a deal , one cant , This has happened more that once , in fact many times ..The controls are frozen and one cant close out of my deal . The rates are moving but there is no controls operational. , One then watches ones deal dropping and I cant do a thing about it. If a stop is not in place one would loose the entire trade before the controls work again. Warning if you use this platform make sure you have stops in place on all contacts don’t use it without….. Easy forex in the conditions of trade ,show if a fault occurs in their program they will refund that trade.. HA HA what a joke , they dont want to know , Custom relations is ziltch . Easy-Forex scam that took place in Israel was very bold. I am not sure if this thing took place elsewhere in the world but I will not be surprised. The point is that easy-forex dosen't need to be that bold. Since they are on the other side of the deal (see the website), they have no moral problem playing with their customers. If in order to win, or not lose too much, they need to prevent you from making a deal, they will not hesitate to do so. Few conclusions: 1. Don’t trade through Easy-Forex platform if you have intentions to make money. 2. Be careful also from companies or individuals down the food chain. They may be rewarded by the company at the top of the food chain such that they profit from your lose. 3. Be careful from all Forex companies. Preferably, work with companies that makes their profit from the buy/sell transactions only. I highly recommend people to go through this website. Its not only about Easy-Forex, is also about understanding how this market works-If I new in advanced what I know now I would not have fallen into this trap, and I don’t want this to happen to anyone else.

Article Post
Sat, 05 Jul 2008 23:51:27 GMT
Lets try this again, Here are some free articles I wrote, I hope everyone who views them benefits. Weekly Trading Education Article (http://www.esignallearning.com/education/marketmaster/archive/2008/archive_index.asp?date=042508) Weekly Trading Education Article (http://www.esignallearning.com/education/marketmaster/archive/2007/archive_index.asp?date=071307) Thanks Vinnie

Cheap e-gold, liberty reserve e.t.c
Fri, 04 Jul 2008 11:52:49 GMT
We are Nigeria's most relaible e-gold exchangers linking you to the world of e-currency.We make online payment through e-gold easy for nigerian seeking to pay for there services online.Our services are fast, reliable and affordable. Our orders are instant. We offer excellent 24 hour customer support. We Sell e-gold @ 140 per dollar We Buy e-gold @ 120 per $Transfer is done within confirmation of payment to our bank. To but E-gold instantly ================= BANK NAME: Gt Bank ACCOUNT NAME: Bill Ahmed at ACCOUNT NUMBER: 224-876560-110 Send the following details to our email after sending 1. NAME 2. E-GOLD ACCOUNT NUMBER 3. AMOUNT PAID 4. UNIT OF E-GOLD To Jwellx@aol.com or sms it to 08023120037, 01065663511 . Your order will be processed instantly

Forex Trading Signal 07/04/08
Fri, 04 Jul 2008 06:43:21 GMT
Hi there my Forex friend :) Hi-Quality Preview/Review: 1) 7-4-2008review.swf (http://homepage.mac.com/matwoj/fpa/7-4-2008review.html) 2) 7-4-2008preview.swf (http://homepage.mac.com/matwoj/fpa/7-4-2008preview.html) Long-term Outlook: 3) 7-4-2008outlook-1.swf (http://homepage.mac.com/matwoj/fpa/7-4-2008outlook-1.html) 4) 7-4-2008outlook-2.swf (http://homepage.mac.com/matwoj/fpa/7-4-2008outlook-2.html) Let's first review what happened on Thursday. At 3:30 a.m. we had Swedish Interest Rate Statement. We got a sell signal on EUR/SEK. The price moved down by about 350 pips, retraced by 50%, and then it moved another 400 pips although that 400 pips move down was also because of Trichet speech. At 4:30 a.m. we had UK Services PMI which was a big number here. It came out at 47.1 versus 49.5. GBP/USD went down by 30 pips but that was it, we did not have any following price action. At 7:45 a.m. we had Euro Interest Rate Statement. The plan was to sell whether there was a hike or not (on hike signal sell as soon as there was a spike up). It worked pretty well. I hope you made some money. At 8:30 a.m. we had Non-Farm Payroll coming out which came out very close to expectations. The unemployment came out a little worse, and Initial Jobless Claims came out a little higher was well but the market reacted very well as people were expecting much worse data. After the initial spike down, USD/JPY started going up very fast. One of the reason the dollar was a king was Trichet's speech. At 8:35 a.m. we had Trichet speaking. Amazing move and we made tons of pips. It seems we handle such speeches very well in the Diamonds room. Please watch the video the detailed comment. At 10:00 a.m. we had ISM Non-Manufacturing coming out. It came out much worse than expected: 48.2 versus 51 expected. USD/JPY went down by 30 pips and totally reversed then. I got fooled with such big deviation and tried to enter on the retracement so I lost a little on this report. I should had followed my own advice although the deviation was really big. Let's talk about Friday. With 4th of July holiday in the United States, I think a lot of traders all around the world will take a day off, especially since it is Friday, the last working day of the week. Therefore, currencies may trade sideways or we may see creepy moves on or the other direction that normally would not happen. I will be taking a day off as I am not sure if we are going to see 10 pips or 100 pips reaction on the news announcements. If you want to trade, you may give a try but be advised that anything can happen today. 1. Friday, July 4th, 2008 (6:00 a.m. New York Time) GERMANY At 6:00 a.m. we will have German Factory Orders. This may move EUR/USD a little, some people trade it with a success before but because of the holiday I don't have any specific triggers here. Just be aware that EUR/USD may do spikes at 6:00 a.m. 2. Friday, July 4th, 2008 (10:00 a.m. New York Time) CANADA At 10.00 a.m. we will have Canadian Ivey PMI. If you want to trade it, you may try to scalp with 3.0 trigger. Last month with 3.5 deviation USD/CAD moved by 25 pips so it was not a big move. Therefore, 3.0 trigger might be good enough to scalp a few pips so if it comes out at 65.3 or higher, you may try to sell USD/CAD, and if it comes out at 59.3 or lower, you may try to buy USD/CAD. We may see a nice move or ugly move here depending on how many people will be trading so obviously if the price is moving, you may try to some of the close positions as the price is moving. If the price is not moving, don't go under the water with this little report and get out at BE or small loss. PLEASE, watch also the two videos with long term outlook. Links are provided at the beginning of this post. That's all for this week. If you are interested more in trading news, go to Forex Diamonds - News Trading Education (http://www.forexdiamonds.com) where Sir Pips or Magister Pips are trading all of mentioned indicators live. Join the room, and get a lot of education from me and other traders that are there. They post trade plans and talk about the trades as well as they give entry and exit signal live while the market moves. You can try it with no risk for 21 days so if you don't like it it is free. If you find it useful, then you can stick with us and make grow you live account with us. I am pretty sure you will be satisfied but at least give a try. Worst case scenario, you will learn something and get all your money back. Thank you and good luck with your trades. To Our Success! -Sir Pipsalot & Crazy Cat The video with the signal is recorded by Sir Pipsalot. For your convenience, this text is written based on the video by Crazy Cat

Refco exec gets 16 years
Thu, 03 Jul 2008 21:47:53 GMT
NEW YORK (Reuters) - Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison on Thursday for fleecing investors of more than $2.4 billion in a fraud that destroyed the world's largest independent commodities broker. The sentence marks the latest chapter in the decline and fall of Phillip Bennett, 59, who built Refco into a global commodities trading empire only to see it unravel in 2005 after the company disclosed an accounting deception. U.S. District Judge Naomi Buchwald ordered Bennett to be kept under house arrest in his New Jersey home until he surrenders to a federal facility on September 4. After serving his sentence, Bennett is to be deported to his native United Kingdom. "You tried to make Refco successful, but your success was in many ways a sham," Buchwald said. Bennett pleaded guilty in February to 20 counts of fraud, conspiracy, money laundering and lying to auditors and others. His plea came just a month before he was set to go to trial, after two-and-a-half years of litigating his case. Bennett, who at Refco's peak was a billionaire, but will forfeit all his assets as part of his sentence, was penitent on Thursday. "During these 33 months (since Refco went bankrupt), I've come to realize that, despite the best of intentions, I made an unacceptable and appalling error in judgment," he said. Prosecutors said Bennett conducted his fraud over eight years. In the late 1990s, a series of Refco loans to customers went bad. Bennett engineered fraudulent transactions to take the bad debt off the company's balance sheet at the end of reporting periods, so investors and others would not know about them. He engaged in other maneuvers designed to hide Refco's lack of cash flow as well, prosecutors said. When $430 million of bad customer debt was revealed in October 2005, customers lost faith in the brokerage and it filed for bankruptcy. IN LINE Bennett's sentence is in line with other recent high profile corporate fraud sentences. Former WorldCom CEO Bernard Ebbers is serving a 25-year prison term for orchestrating a massive accounting fraud. Last week, a judge shaved some time off the sentences of Adelphia founder John Rigas and his son, Timothy, after an appeals court threw out one count of their convictions. John Rigas, who is 83, was resentenced to 12 years in prison, down from 15 years, while his son's prison time was reduced to 17 years from 20 years. In another case, Bayou hedge fund executives Samuel Israel and Daniel Marino were each sentenced to 20 years in prison this year after admitting to defrauding investors. Marino is serving his sentence, while Israel, who is accused of staging his own death in June to avoid prison, surrendered to authorities on Wednesday after a weeks-long manhunt. A judge on Thursday ordered Israel to jail immediately, pending another hearing. Corporate criminals today typically face tougher punishment than a generation ago. In 1990, Michael Milken served just 22 months in prison after pleading guilty to securities fraud. The maximum possible sentence Bennett could have received under U.S. law was 315 years prison. The Refco case is not over. Yet to be sentenced are ex-CFO Robert Trosten, who also has pleaded guilty, and former President Tone Grant, who was found guilty in April of five criminal counts. An outside lawyer for the company, Joseph Collins, is set to go on trial next year.