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icemaneu

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Posts posted by icemaneu

  1. Result of the investigation by CFTC: Jadefx is a scam and Jadefx did not segregate clients' money from Jadefx's own bank account. Jadefx also did not trade all clients' money in forex market but use it for it's own purpose.

     

    http://www.cftc.gov/PressRoom/PressReleases/pr5997-11.html

    "Defendants allegedly made explicit but false guarantees on the JadeFx website including that (1) all customer funds are traded in forex, (2) customer funds are completely segregated from JadeFX’s operating accounts and (3) customer funds were protected from bankruptcy.

     

    Instead of segregating customer money into separate accounts, Omukwe allegedly pooled all customer funds together into bank accounts that he exclusively controlled. From these bank accounts, only a portion of customer money was traded in forex. Omukwe allegedly misappropriated the remaining funds to pay for personal and business expenses, including the operational costs of JadeFX and Jade."

  2. I am using jadefx as my broker. Now, as we know jadefx is facing problem.

     

    please anybody give your suggestion what I should do.

     

    Who else here is also using jadefx? Please speak up share idea to response the situation.

     

    Thank you

     

    So far you can find detail discussion in donnaforex forum. google it for the site.

  3. Their license may be overseas, but their management is located in USA.

     

    Domain name: jadefx.com

    Administrative Contact: Dean Murray

    UK2 Group

    Technical Support ([email protected])

    +1.4357553433

    Fax:

    164 N Gateway Drive

    Providence, UT 84332

    US

    :?:

     

    You can probably get a cell phone number with further investigation. I notice that their Forum seems to have only old posts also.....:-??

     

    Yes, I did tried to call them on the phone a few times but no one answered. That's why I was frustrated and worried. Now that they replied, I will wait and see what happens.

  4. ok, finally after 12 hours of waiting, got a reply from them.

    ---------------------------------------------------------------------------------------------

     

    I would like to take this opportunity to apologize and explain why our liquidity Bank in US went offline today from Belize.

     

    The Technical Support office that we contract was visited today with CFTC regulators in order to verify if it serviced any US clients or violated any CFTC regulations . JadeFX Ltd ( Belize ) is based in Belize and does not Service any US Clients or members. We are currently working with regulators to resolve those differences. We ask all our members to be patient while we work hard to resolve the differences. We have meetings with the regulators on friday from 9:00 to 12:00 AM Eastern Standard Time. Once everything is resolved , we will inform all our members immedaitely after that meeting.

     

    It was extremely hard on all our members and the Technical support Office contracted to offer technical Support because the technical team did not have access to the MT4 Trading platform system to send out an Email to all our members and i do apologize for the inconvenience. Once this is resolved we will make sure, that we deal with all the issues that will arise because of this.

     

     

     

    JadeFX

    http://www.jadefx.com

    [email protected]

  5. Jadefx is a scam!!!!! Price feed froze for last 11 hrs and no news, no response, no explanation, nothing heard from them!!!! Most probably they have run away with their clients money!!!!
  6. time to search for a new broker ;-)

     

    Maybe they have disappeared with clients money. No news, no response, nothing from these guys since the price feed froze during US mid session yesterday. I wonder if it's a 1 man broker company type. Already 8hrs and nothing heard from them.

  7. Hi,

     

    There is a big problem since 17h GMT with JadeFX : connection but no data feed, the market watch stay blocked at 17h GMT...

    They don't answers by mail or by phone...

    I've 2 opened trade :(

     

     

    Same here. I also have 2 open positions and they are in profit but I can't get it out! It has been stuck there for 7 hours and no news from Jadefx yet.

    Never had this problem before. I hope this is my first and the last to encounter this.

  8. how much is his course anyway? if it is really good n not costly worth buying.

     

    it has been a while, i don't think anyone in investasi has his course video?. have anyone use jimmy news eurostrader?

     

    I can't remember how much was his course, but I know that it was not cheap. Also, he mentioned that he don't intend to conduct his course that regularly, maybe 1 or 2 times per year or something like that or he may decides not to conduct further classes as it takes too much of his time and energy cos he mentioned that he is a trader first and not so much of a lecturer. He mention all these in his newsletter. Also, this mentoring course only started like last year only.

     

    Also, the dvd course are not for sales openly. It's for those attending his mentoring course which he will re-launch as and when he feels like conducting. You can find all these in his newsprofiteer website.

     

    He has a blog also (http://www.henryliuforex.com/) where he give his take on the market sentiments and trade advise on news release figures freely. I am a follower of his analysis and a subscriber of his free newsletter. Like everything else, it does not work all the time, but I find it pretty reliable. I read his newsprofiteer ebook also. I recommend it to all who want to find an extra edge in their manual trading.

     

    Updates: His course was going off for USD2897 the last time (limited to 50seats). You can watch his last promotional videos here(http://www.newsprofiteer.com/buy-mastermind-mentoring.html). He has since closed his mentoring courses for now and he said he has no plans yet to relaunch the class this year or next year.

  9. Re: Simplicity

     

    Yes, KISS-Keep it simple, stupid.

     

    Too many times you see ppl over complicated things with many lines drawn. I think the best is price action and follow the trend. Easier said then done. But from what I gathered, money management and trade management will help you go a long way to survive in this forex jungle.

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