Very disgusting week.

As most of you know, I tend to be pretty upfront with my posts. If I am posting either here, or Forex Factory, it doesn't matter. But this has been a VERY disgusting week in Forex, in my humble opinion.

For starters, the markets are freaking the hell out. There are a billion opinions as to what is going on, and the truth of the matter is that nobody really seems to know. It sure isn't me at least. That's ok, because I don't need to know. Hell, I don't even care. For the most part, I have been pretty flat as all of this insanity keeps rolling on.

Another thing I saw this week really pissed me off.

Felix, from forexbastards.com, released a video this week that really took the cake. In a nutshell, it was "How to tell if your broker is a bucket shop." Cool, now this is a video that I really want to see... yeah, right.

Ok, so to sum this piece of crap up, it was him placing order through MB trading. It is an "ECN" broker. (Nevermind this is in fact impossible in the truest sense of the word, due to the very structure of the Forex market, but ok....)

Anyways, he was showing how if he put an order out there, it would effect the spread. This is because he was putting the offers between the bid. This was done either during very quiet hours, or there is no liquidity in their "market".

So, after telling us that pretty much all brokers are bucket shops, and that there are only two ECN's out there... (Currenex platform being the only other one, and it allows price shading.) He said that you can get a rebate if you mention him when signing up for MB.

GREAT. This site of his is getting worse and worse. Shit signal system. Costly education. (Which of course has a 5 star rating on his review board.)

Another piece of shit salesman.

Just what this market needed.

Really it's too bad, as the original concept of his site was brilliant.