Recent content by BlueMental

  1. BlueMental

    CALL TO ACTION: CFTC 10:1 - Share what you wrote here

    Both CFTC and the NFA are regulatory groups with no power of actually upholding the law. They are however in the proccess of laying the fundamental foundations for what will become law in the not too distant future. How are they 'safeguarding' us the traders, by removing our liberties by...
  2. BlueMental

    ECN - How is it set up?

    They have absolutely no need to use their massive assets to create the spike, they simply put one in their data to customer feed and there go all the SL's in one easy swoop. The word broker by definition in the dictionary is: Noun: broker 1. A businessman who buys or sells for another in...
  3. BlueMental

    Hedging and Legality.

    What you say is true to an extent, but also very ineffective as a profitable strategy. GbpUsd ranges far more pips than any of the correlated pairs. EurUsd is the snail of the lot, so depending on which pair you are trading, you can hedge either with the mirror or clone pairs, but all sorts of...
  4. BlueMental

    ECN - How is it set up?

    Electronic Communications Network, offered by various brokers, but how does a brokerage go about actually linking to the ECN? If a 'Market Maker decided to become a legitimate brokerage firm, what criteria do they need to be able to link in to the ECN and who do they contact to get linked...
  5. BlueMental

    Hedging and Legality.

    Greetings All. As I am sure you are aware, that in the United States, hedging used to be a run of the mill tool to use in trading Forex. It has been set by current 'guidelines' of NFS and is not as of yet a bill passed in legistlation. They are however working towards this end. (That is a...
  6. BlueMental

    Forex-Swiss.com found a new way to grab money from traders

    Bucketshops and their tricks We as FPA members should individually open live accounts with scammers like this but never fund them. That way we tie them up with loads of work but never let them see a hint of a credit card number. If they were to email us (either in advertising, info or...
  7. BlueMental

    Signals Review (Nov. 1 to Nov. 6) +318 pips

    Greetings Felix. I don't want to moan, but it is MUCH easier if you list all the days signals on one page instead of separately, because it doesn't sort them in ascending time. Just a thought. Also to any of you out there, the indicator available by !IN10TION at Forex TSD (The Indicator gets...
  8. BlueMental

    Email of the Month - July 2009

    Blue Soft Too True The only reason Blue was soft, was because all he actually wanted was like I said to them right in the beginning..... the demo! I am vaguely interested in futures, but since I know zero about them, I figured I could use the demo to figure out more how the whole futures...
  9. BlueMental

    Mt4 Backtest - reasonably profitable.

    Hi, I just tried to make a post with a picture in it, but the picture doesn't show, could anyone assist? (sorry if I am in the wrong forum for this question) BlueMental.. The picture is a copy of Mt4 Backtesting from 1999 September to today. Starting Balance of $10 000 Drawdown of 25.74% Total...
  10. BlueMental

    Problem Two Traders, Two Companies, One Big Scam

    Something I do not understand regarding these Scam companies is this. In my country if I get someone to sign a document that clearly states I can do what ever i wish with their money and then do so (like all the scammers do) then I am imediately arressted for fraud as well as theft under false...
  11. BlueMental

    MT4 Indicators

    Greetings. I have downloaded several custom indicators. Some great, some not so great. One that is really good is MacD by David Thomas. It is also mentioned and posted on this forum by Agent86:- Forex Peace Army Members Forums> General Forex Talk> MT4 MACD Alert ...
  12. BlueMental

    Discuss mbtrading.com (MB Trading)

    MBTrading accepts Brokerage Checks I wish to trade with MBTrading as my broker, but unfortunately they only accept wire transfers from my country (South Africa). It is very close to impossible for me to get my bank to do a wire transfer. (They STILL after all the explaining and getting the...
  13. BlueMental

    Outlook 2008, The Upcoming US Depression

    TR8R, Rob and the rest of the world... You (hopefully) did view the Movie, America, Freedom or Fascism by Aaron Russo. Assuming you found yourself a touch on the angry side at the Fraud being committed against you, you might wish to read the following too...
  14. BlueMental

    Outlook 2008, The Upcoming US Depression

    Connected or Obsolete! An employee of mine who received his wages every Thursday asked me for a loan on the Monday after the weekend. I told him I would loan him the money. ( R50 50 South African Rand ) but only once. The following Friday he paid it back, and he again asked the following...
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