Are Your Funds Safe? NFA to Shut down small forex fcms

[forex savior]

Originally Posted by Forex Troglodyte

How can you say the claims are false? Have you actually used Cavemanforex? If so, show us your proof. If not, your baseless and scandalous accusations are without merit.

Forex Troglodyte feel free to leave your trading signals here on this thread so that we can all judge for ourselves!

[forex savior]

Having a rough day trading? Well, things could always be worse. You could have an account at one of the bankrupt forex firms described below. Perhaps the worst thing about having an account locked up in bankruptcy is the uncertainty and the legalese that gets spit in your face by court ordered receivers, (although in the case of Aleccoh FX all you get is some ass clown appearing once a month on a bulletin board hiding behind a mug shot of George Soros.)

Here is the latest correspondence from the court appointed receiver at FXLQ:

Robb Evans & Associates LLC
Receiver of Forex Liquidity LLC
Notice to Customers and Creditors of Forex Liquidity LLC
May 28, 2008
The Receiver has communicated with many of you that it intended to file a motion this week with the United States District Court seeking approval of an interim distribution.

In the last few days certain unexpected events have taken place that will cause a delay in the Receiver’s motion. Those events involve creditor and other related issues which may or may not impact the ultimate distribution proposal to be made by the Receiver. The Receiver is not currently able to disclose the nature of what has transpired, but hopes to have these issues resolved very soon.

If these issues can be resolved, the Receiver should be in a position to make a distribution recommendation to the Court by mid-June.

There is a lot of hedging in those three paragraphs. A lot of “if’s, should’s, unexpected’s, may’s, and hope’s” tossed in, which makes it far more likely that the customers stuck at FXLQ aren’t going to get all of their money back.

Of course his Holiness, Aleccoh FX, can’t be bothered to communicate in such a professional manner. He continues to hide behind a .jpg of George Soros and in his latest bloviation to the masses states: Forex Trading - View Single Post - first 200 pips on me , the rest , we will share

Good Day All

I am sorry for the delay in briefing you all but please be sure that my lawyers and I are following through this matter daily and recently by the hour.

Here is a small brief :

After many tractations and stallings by the -----------.SA staff and by its president, all the funds of the privatly owned account of its president has been frozen.

The good thing is that unofficialy the aleccohfx account holder's funds are there.

I of course refused to drop the criminal charges against these scammers unless they return the funds to each and every investor to the last penny.

As it seems, they are sending emails to the account holders giving them the choice to either continue trading with them or withdraw their funds.

I couldn't emphasize enough to send an immediate withdrawal of your funds to this email because i do not trust these people a bit , and if you read the postings on this thread, you will know why.

Please report back to aleccoh@aleccohfx.com if you have received your funds in order to inform my lawyers and the judge in charge of the case.

I must remind you that eventhough they bankrupted aleccohfx and -------.SA, we made sure that our criminal case was against physical persons and not moral persons, in clear, we are prosecuting mr --- --- and not the company , and the judge accepted this prosecution and acted upon this by freezing mr ----- funds.

It seems that the justice is putting the heat on them as we speak , and this is why they are trying to get out of this mess they put themselves and aleccohfx investors into.

I hope this will bring an end to this story very soon and it is not another stalling technique by these crooks.

Goodspeed
__________________
Good Day

aleccoh

Such is life in the world of the undercapitalized. Let’s hope the new laws in the U.S. and Switzerland close the book on these all too common “bankruptcies.”

[Forex Troglodyte]

Originally Posted by forex savior

Forex Troglodyte feel free to leave your trading signals here on this thread so that we can all judge for ourselves!

That is a very solid idea. In fact, if you investigate the website further, you will see that every Wednesday evening between 8PM and 9PM New York Time, signals are posted for the following day at: for that very specific purpose. This of course, allows anyone to verify their validly before making the decision to join us.

We provide this upfront information due to claims and testimonials regarding past results being meaningless as they can be doctored to look like anything you wish and thus almost impossible to verify.

As far as posting our signals every day… that would certainly be less than fair to our Neanderthal Brothers and Sisters who have had the confidence and insight to join our clan.

So check out the Wednesday signals. We welcome your scrutiny.

One final thought… when you discover Cavemanforex is valid, we believe a retraction of your baseless and scurrilous accusations would be appropriate. You might even want to pony up the $89.

Regards,
Cavemanforex Support

[Sweet Pip]

Originally Posted by Forex Troglodyte

We provide this upfront information due to claims and testimonials regarding past results being meaningless as they can be doctored to look like anything you wish and thus almost impossible to verify.

So check out the Wednesday signals. We welcome your scrutiny.

Ok, when Forex Saviour first posted his review of this website, I checked it out out of curiosity. I tried the signals and they worked out...but was it just a coincidence? I also took a screen shot of the results and put them in Excel for a couple of other reasons.

This week I checked again to try the new signals, and now the past results are different. So perhaps the "upfront signals" distracts one from the "doctored" past results that now look better than they were...who remembers past results anyways.

Screen shot #1 is how the results looked last week

Screen shot #2 is the results currently displayed and is 160 pips more than last week 4/17 to 5/15.

Waz up with that??

[Forex Troglodyte]

You are absolutely correct.

If you go back and reread our post, no where does it say to use past results. In fact it says we do not believe in them for the very reason you bring up.

All we suggest is you keep an eye on the Wednesday “Signals”.

We continually test several variations in our never ending search for simple and solid profits.

When an improvement is discovered, it is immediately sent to all our members and the results are then updated to reflect this change.

The last update was on Tue May 27, 08. The following email was sent to all our members on that day:

“Hello Fellow Forex Troglodytes,

So far this week we have happily netted 120 pips in the first two days.

In our never ending effort to improve profitability and reduce risk, we have
slightly tweaked the Cavemanforex formula Order Parameters. The following
changes would have added 35 pips to our results this week.

The changes are as follows:

“Sorry Sweet Pip, this line is proprietary”

Stop Loss has been adjusted down 5 pips.

Take Profit has been adjusted up 5 pips.

These minor adjustments add a 5 pip overall gain with every order that
triggers, regardless of it's outcome, while changing our entry point by only
2-3 pips.

The new Cavemanforex pdf is attached along with an updated Order Spreadsheet
Calculator reflecting the changes.

Good Trading,
Cavemanforex Support “

Obviously it makes no sense to have results from a formula that is not the same as the one we are currently using.

As you personally just stated “I tried the signals and they worked out”. Your very own testimonial should be good enough for you.

As for coincidence, keep watching the Wednesday results. There is no rule saying you must get on board today or ever. Time will tell and we’re not going anywhere, though we my take Forex Savior’s advice and raise the price.

We welcome your questions.

Sincerely,
Cavemanforex

Originally Posted by Sweet Pip

Ok, when Forex Saviour first posted his review of this website, I checked it out out of curiosity. I tried the signals and they worked out...but was it just a coincidence? I also took a screen shot of the results and put them in Excel for a couple of other reasons.

This week I checked again to try the new signals, and now the past results are different. So perhaps the "upfront signals" distracts one from the "doctored" past results that now look better than they were...who remembers past results anyways.

Screen shot #1 is how the results looked last week

Screen shot #2 is the results currently displayed and is 160 pips more than last week 4/17 to 5/15.

Waz up with that??

[forex savior]

Originally Posted by Forex Troglodyte

That is a very solid idea. In fact, if you investigate the website further, you will see that every Wednesday evening between 8PM and 9PM New York Time, signals are posted for the following day at: Wednesday's Free Forex Picks for that very specific purpose. This of course, allows anyone to verify their validly before making the decision to join us.

We provide this upfront information due to claims and testimonials regarding past results being meaningless as they can be doctored to look like anything you wish and thus almost impossible to verify.

As far as posting our signals every day… that would certainly be less than fair to our Neanderthal Brothers and Sisters who have had the confidence and insight to join our clan.

So check out the Wednesday signals. We welcome your scrutiny.

One final thought… when you discover Cavemanforex is valid, we believe a retraction of your baseless and scurrilous accusations would be appropriate. You might even want to pony up the $89.

Regards,
Cavemanforex Support

Alright Caveman, in the interest of fairness, I'll take you up on your offer! I'm calling it "The Caveman Challenge."

[Forex Troglodyte]

Originally Posted by forex savior

Alright Caveman, in the interest of fairness, I'll take you up on your offer! I'm calling it "The Caveman Challenge."

Dear Mr. Forex Savior,

Though we do not know who you are, or your true motivations, you seem to be a stand-up guy and appear to be one of the few voices in these forex forums with an open mind and a genuine concern for the average trader out there, so we’ll go out on a limb and trust you to report on this endeavor accurately and honestly.

With the “Caveman Challenge” being subject to only the Wednesday results, this would have to go on for 15 weeks or more. While we enjoy the publicity, the dialog in these forums, for whatever reason, seems to lean towards “unpleasantness” on this subject, so we don’t see how dragging it out that long will benefit anyone. To shorten up the challenge we have decided to take you up on your original offer.

As discussed earlier, posting the daily signals in the forum is not fair to our existing clientele. We will, however provide you personally for the next 3 weeks with the daily signals/results under the following 2 conditions.

1. Should our daily signals, prior to the market they refer to, turn up on any forums, we will terminate the challenge.

2. As you can see from the Wednesday results, not every day is a winner nor could one realistically expect that. We all know there are going to be negative days in this or any other market. To that end we would ask you to refrain from reporting on the results till the Friday close of each week.

As we have no idea how many forums you are involved with, in the interest of complete fairness, we will leave it up to you to inform the people who follow your posts in all the forums you participate in.

There will be no signal for this coming Friday June 6, 2008 due to the US Employment Situation report coming out which, as I’m sure you know, produces unpredictable swings in the price on the first Friday of every month. We also do not trade on days with scheduled FOMC announcements, next one being June 25th 08, for the same reason.

All we need is a way to get in touch with you.

Sincerely,
Cavemanforex.com

[uptick]

Originally Posted by Forex Troglodyte

Dear Mr. Forex Savior,

Though we do not know who you are, or your true motivations, you seem to be a stand-up guy and appear to be one of the few voices in these forex forums with an open mind and a genuine concern for the average trader out there, so we’ll go out on a limb and trust you to report on this endeavor accurately and honestly.

With the “Caveman Challenge” being subject to only the Wednesday results, this would have to go on for 15 weeks or more. While we enjoy the publicity, the dialog in these forums, for whatever reason, seems to lean towards “unpleasantness” on this subject, so we don’t see how dragging it out that long will benefit anyone. To shorten up the challenge we have decided to take you up on your original offer.

As discussed earlier, posting the daily signals in the forum is not fair to our existing clientele. We will, however provide you personally for the next 3 weeks with the daily signals/results under the following 2 conditions.

1. Should our daily signals, prior to the market they refer to, turn up on any forums, we will terminate the challenge.

2. As you can see from the Wednesday results, not every day is a winner nor could one realistically expect that. We all know there are going to be negative days in this or any other market. To that end we would ask you to refrain from reporting on the results till the Friday close of each week.

As we have no idea how many forums you are involved with, in the interest of complete fairness, we will leave it up to you to inform the people who follow your posts in all the forums you participate in.

There will be no signal for this coming Friday June 6, 2008 due to the US Employment Situation report coming out which, as I’m sure you know, produces unpredictable swings in the price on the first Friday of every month. We also do not trade on days with scheduled FOMC announcements, next one being June 25th 08, for the same reason.

All we need is a way to get in touch with you.

Sincerely,
Cavemanforex.com

oh, so if i talk crap about you will you give me free signals too? LOL.

man up and post the signals for a limited time. lets see what you got.

[tonymand]

Originally Posted by Forex Troglodyte

Dear Mr. Forex Savior,

Though we do not know who you are, or your true motivations, you seem to be a stand-up guy and appear to be one of the few voices in these forex forums with an open mind and a genuine concern for the average trader out there, so we’ll go out on a limb and trust you to report on this endeavor accurately and honestly.

With the “Caveman Challenge” being subject to only the Wednesday results, this would have to go on for 15 weeks or more. While we enjoy the publicity, the dialog in these forums, for whatever reason, seems to lean towards “unpleasantness” on this subject, so we don’t see how dragging it out that long will benefit anyone. To shorten up the challenge we have decided to take you up on your original offer.

As discussed earlier, posting the daily signals in the forum is not fair to our existing clientele. We will, however provide you personally for the next 3 weeks with the daily signals/results under the following 2 conditions.

1. Should our daily signals, prior to the market they refer to, turn up on any forums, we will terminate the challenge.

2. As you can see from the Wednesday results, not every day is a winner nor could one realistically expect that. We all know there are going to be negative days in this or any other market. To that end we would ask you to refrain from reporting on the results till the Friday close of each week.

As we have no idea how many forums you are involved with, in the interest of complete fairness, we will leave it up to you to inform the people who follow your posts in all the forums you participate in.

There will be no signal for this coming Friday June 6, 2008 due to the US Employment Situation report coming out which, as I’m sure you know, produces unpredictable swings in the price on the first Friday of every month. We also do not trade on days with scheduled FOMC announcements, next one being June 25th 08, for the same reason.

All we need is a way to get in touch with you.

Sincerely,
Cavemanforex.com

Come on guys this is as fair as it could get. While not a fan of signals services forex saviour will be able to see whether things work in real time without there being any disadvantage to paying clients. I for one have some respect for an outfit prepared to do this. At the very least it shows they have some confidence in their own methods

[forex savior]

Originally Posted by Forex Troglodyte

Dear Mr. Forex Savior,

Though we do not know who you are, or your true motivations, you seem to be a stand-up guy and appear to be one of the few voices in these forex forums with an open mind and a genuine concern for the average trader out there, so we’ll go out on a limb and trust you to report on this endeavor accurately and honestly.

With the “Caveman Challenge” being subject to only the Wednesday results, this would have to go on for 15 weeks or more. While we enjoy the publicity, the dialog in these forums, for whatever reason, seems to lean towards “unpleasantness” on this subject, so we don’t see how dragging it out that long will benefit anyone. To shorten up the challenge we have decided to take you up on your original offer.

As discussed earlier, posting the daily signals in the forum is not fair to our existing clientele. We will, however provide you personally for the next 3 weeks with the daily signals/results under the following 2 conditions.

1. Should our daily signals, prior to the market they refer to, turn up on any forums, we will terminate the challenge.

2. As you can see from the Wednesday results, not every day is a winner nor could one realistically expect that. We all know there are going to be negative days in this or any other market. To that end we would ask you to refrain from reporting on the results till the Friday close of each week.

As we have no idea how many forums you are involved with, in the interest of complete fairness, we will leave it up to you to inform the people who follow your posts in all the forums you participate in.

There will be no signal for this coming Friday June 6, 2008 due to the US Employment Situation report coming out which, as I’m sure you know, produces unpredictable swings in the price on the first Friday of every month. We also do not trade on days with scheduled FOMC announcements, next one being June 25th 08, for the same reason.

All we need is a way to get in touch with you.

Sincerely,
Cavemanforex.com

a fine idea. but why don't we keep it simple for now and fully transparent with the public. see my post above