Scam: Fraud, Lies, Misdirection and Other Scandalous Activity Scam: Fraud, Lies, Misdirection and Other Scandalous Activity Scam is quite an interesting tale involving fraud, lies, misdirection and other scandalous activity perpetrated by one Dale Woods, aka ‘Graham Blackmore’, aka ‘The Forex Guy’.

Before I start though it’s essential that you remember how the classic scam artist and fraudster operates when cornered.

The ‘art’ of misdirection has been used by magicians, pickpockets and liars for centuries and is the technique most often used still. It is essentially the act of forcing the viewer/reader to focus on something that has absolutely nothing to do with the matter in hand.

They are trying to distract you from the real issue so that they can trick, steal or somehow deceive you.

If you’ve ever seen the movie Erin Brokovich then it’s a perfect example of how they operate. It’s also interesting to note that many of the same techniques that the corrupt drug company uses in the movie are the same as the ones Dale Woods attempts to use to hide his fraud.

The movie won it’s lead actress, Julia Roberts an Oscar in 2000 and was based on a true story. If you haven’t already seen it then you most definitely should.

With that said I need for you to remember these two key points throughout this whole article. Remember that the fraudster will try to introduce lies and misdirection whenever possible so you have to focus on just the two key points.

1. Dale Woods is the actual person who has been hiding behind a completely fake identity for 3 years.

2. Dale Woods, aka ‘Graham Blackmore’, aka ‘The Forex Guy’ is not a professional trader as he claims and only has a live account of $3000.

Those are the only two allegations that were ever made and as you’ll see later, were never responded to in a completely transparent manner.

Smoke and mirrors, misdirection and lies… the weapons used by all the great magicians, pickpockets and fraudsters throughout history.

How Scam Works

These are the facts I learned about Dale Woods, who I originally believed was called ‘Graham Blackmore’, whilst dealing with him personally for two months between March and May of 2014.

Fact #1: The name ‘Graham Blackmore’ is 100% fake and doesn’t exist. Dale Woods is a 29 year old, struggling DJ from Albion Park, NSW, Australia who has been passing himself off as a ‘professional Forex trader’ for over 3 years.

dale woods on far left

He runs the website The Forex Guy ( where he offers to train people to trade the Forex market ‘like he does’. Using his fraudulent persona as a ‘professional Forex trader’, he lures gullible novice traders into his scheme and extorts money from them.

Fact #2: He admitted to me that he only has a trading account of less than $3000 and during the two months that I had dealings with him, he never had a winning trade to my knowledge.

Those are the only two allegations that I made and the only ones I expected answers too. Instead Dale Woods posted a poorly worded ‘response’ on his forum that only his ‘followers’ are allowed to post to. A forum that he controls and is free to remove anything that he doesn’t care to reply to or doesn’t like.

His real facebook page can be found at  and here’s a screenshot of what it looked like at the time of writing this article. scam by Dale Woods

Now remember what I said right at the beginning of this article about misdirection and lies. Read his so-called response to my allegations that he posted and see if you can spot the attempts to misdirect.

The Forex Guy War Room • View topic - Accusations made by Steve Fleming - my response

I’m not going to waste time or allow Dale to succeed with his attempts to misdirect by addressing his numerous lies and manipulation of the truth. That would be playing his game and that’s not what we’re interested in here.

Instead focus on the two key points that I made and notice how he ‘answers’ them.

1. Dale Woods is your real name and ‘Graham Blackmore’ is 100% fake and a fictitious person.

If you read his response you’ll see that he only half answers the allegation.

He claims that ‘Graham’ is his middle name but never addresses the issue of the surname being false. His reasons are obvious and he’s leaving it up to the imagination of the reader to fill in the blanks.

By not mentioning the fact that ‘Blackmore’ is not his surname but rather it’s actually ‘Woods’, he’s inferring that his name is Dale ‘Graham’ Blackmore. A blatant lie and another attempt to deceive.

Because he hasn’t actually said that his name is ‘Blackmore’ he has left the window open to come back and address the issue later if anybody picks up on it. Judging from the response from his ‘followers’ it appears they haven’t noticed just yet.

His whole tone throughout the post is that of a ‘victim’ who has been repeatedly duped and conned by nasty ‘internet marketers’. His claims however don’t stand up to the test of logic.

If, as he claims, some imaginary person told him to use a fake name 3 years ago, why has he not realized the error of his ways sooner. Why did he then allow yet another person – allegedly – to convince him to continue to make the same bad decision 3 years later.

By applying simple logic test to most of the lies and misdirection in his post it’s obvious that he’s not who he claims to be. He’s not a victim but simply a liar who’s been caught and is trying anything he can think of to weasel out of it.

On to the second and final accusation that he needed to address…

2. You, Dale Woods, are not a professional Forex trader and only have a trading account of $3000.

This one is where it gets really amusing and his so-called explanation is fantastical in the extreme.

He’s claiming that he is so ‘smart’ and perceptive that he instantly detected that I – apparently – was ‘only interested in money’ and telling me the real size of his trading account would some how leave him open to me ‘extorting’ money from him.

Well at least he did admit one thing… he’s actually admitting that he is a liar.

Where should I begin with the absolutely ridiculous claim that makes no sense at all?

How would admitting the real size of an account change anything? If he’d had said a figure that were too high, I probably wouldn’t have believed him. When I asked him to tell me ‘honestly’ about his trading account it was so that I could gauge whether I could trust him. I wanted to see if he would tell me the true amount or make up a lie… he told me the truth.

If you read his response about the trading account you’ll see that again he avoids answering the actual question at hand.

“What is the true size of your trading account?”

IF as he claims his account is not really $3000… then what is it? Where’s the proof? If Mr. Woods is so adamant that the figure is untrue then why not show proof?

The reason again is obvious. He doesn’t show proof because he can’t. If he fabricates proof and is later caught then his initial fraud is compounded and he has committed a very serious offence.

Notice how he frames his deception with more lies and misdirection… all classic stuff and really fascinating to watch.

I’ll leave it there for now as this article is already getting way too long but hopefully it’s served it’s purpose. Dale Woods, aka ‘Graham Blackmore’, aka ‘The Forex Guy’ is nothing more than a cheap con-artist and deserves to be held accountable.

On a final note I just want to applaud Mr. Woods for his opening gambit to try to discredit me. Here’s a direct quote from his response to my accusations…

“He is one of those internet marketers that offered to do some work for the site. Long story short he didn’t seem all there…”

Hilarious stuff indeed and it’s an interesting, if flawed attempt, to set the scene. He’s trying to paint me as an ‘evil’ internet marketer who’s ‘not all there’. So in one short and hastily constructed sentence he tries to frame me as a lunatic and a crook with some kind of hidden agenda! Fraud, Lies and Misdirection… need I say more?


  1. he is a scam.. i paid for the course he banned me .. i even went along helping him get a % by using the platform he earns from.. they were so bad unprofessional ..and i see now he moved to another. he blocked me and many other by taking money for the life long course. his chat room is only for those few old sharks showing off and bullshiting only. he thinks he is untouchable :). I noticed giving out totally insane signals that even a beginner can realize it will go the other way. at first glance the PDF is wow ..but really can not earn . he is not there for you . Lets you all alone and crappy. his page is very difficult to enter and operate(load). many times WE wrote to him but in vain. one stubborn egocentric. there are more examples but we better sue him so he see what gets him. takes money do not let you in chat room nor sm sections of the site.. only able to use the “learning material”.

  2. bastard, I studied on the site and I feel tremendous success in the forex market, thanks dale woods for the articles on the website

  3. It’s pretty clear to any moderately intelligent person who the real scammer is here! (yes it’s you Steve, and anyone with half a brain can see that)

    • Jake – Thanks for your thoughtful and intelligent comment. So by your own admission, you’re “moderately intelligent”, and have only “half a brain”? I can only imagine how difficult it must be for you to operate a keyboard and type your nonsense.

      Exactly how am I a scammer? I’m not selling anything or promoting myself under a false persona. All I’m doing is exposing Mr. Woods for being the complete fraud and the fake that he is. If you’re one of the sad victims that he has managed to dupe over the years, then I feel sorry for you. – Steve

      PS: I notice that your email address is [email protected] – May I politely suggest that you remove that stick from wherever you’ve jammed it and get real. You’re being scammed by a fraud and don’t even realise it.

  4. Forexguy is scam.stay away from forexguy.Try hector course for learning forex trading.

  5. Mr Steve Fleming,

    You neglect that you live in a part of the world where vultures will do any type of ‘work’ you may call it for a very small price. With your lack of knowledge and understanding with today’s technologies, people are able to find you in even the smallest nook in the world. Balacod isn’t a big place and people are watching. Remember your on old white guy in the area and you stand out like a sore thumb. You post all your pictures, email addresses all over the w w w

    Do remember to some lives are cheap and especially in a place where you recommend people tp retire because it’s so cheap. When people are desperate, they tend to do desperate things so you should weight up your options and ask yourself, is this website worth the worst possible outcome?

    If you think the worst possible outcome is worth keeping this website live?

    Think smartly and wise 🙂

    • The above death threat was posted from Australian IP address by either Dale Woods, aka Graham Blackmore, or one of his spineless sycophantic cronies.

      • If he’s that righteous he wouldn’t be sending such messages to you…. And if he’s that much of a nut head he’d say things plainly. His been caught with his pants completely down… And he don’t like it!

  6. Shomi Kaiser says

    Is this the author of trading book Dnb forex price action? There was a website named the same which redirects to forexguy site. This man trading style similar to Nial Fuller trading style ..just he changes some MA statistics and added some spices.

    • Steve Fleming says


      Thanks for your comment/question.

      Yes this is the same guy. He started using his fake identity in that book and then figured he could make more money by setting up a site that follows the exact same format as Nial Fullers. This guy doesn’t have an original idea in his body and he’s a complete fraud.


      • Shomi Kaiser says

        Why don’t you report it to Check out rating there. Its all most top rated site there. Many people subscribing to him with good reviews. May be some reviews are fake. But FPA claims to be genuine reviews! However I don’t think so. But still FPA is one of such site who is exposing forex scam to public. Report it. We need truth.

        • Steve Fleming says

          The reviews are based on what he’s teaching and since all his stuff is copied from other sites, it seems pretty plausible. He does a good job of sounding like he knows what he’s talking about and I guess that makes many of his victims feel like they’re getting good value. Some of the responses I’ve had since exposing him from his members have been along the lines of ‘we don’t care what his real name is or whether he is a real trader… we like what he teaches us’ – That kind of BS thinking is beyond me and I really can’t be bothered wasting my time with such brainwashed morons.

          A simple analogy would be if you were choosing a doctor. Would you rather have a doctor who had not only studied but had also practiced medicine and had years of experience OR would you rather have a doctor who’d never been to college but had read a couple of books? I know which one I’d rather have… but that’s just me LOL

          Oh and the ‘doctor’ in this case doesn’t even have enough conviction in what he’s saying, to give his real name but instead hides behind a completely made up persona. It’s only a matter of time until the taxman realizes what Dale Woods is doing and comes knocking at his door.


  7. nihal bhat says

    thanks bro. you helped me a bunch of hours. i am grateful. now because of your review, i dont even have to read all his copied materials on his website.

  8. Hi Steve,
    I am appreciate that you make an effort to investigate Dale Woods is a Scam. This will keep many people away from any fraudulence. Actually, I won’t make any money by applying his simple method for one year. Hence, I drop his method and use [ADVERTISING REMOVED]

    • Steve Fleming says

      Thanks for your comment and I’m glad you have found my information useful. I had to remove the end of your comment though as this is not the arena to advertise services. – Steve

  9. Joao Lopes says

    If you think this guy is a scam or con artist… you haven’t seen the 99.9% of the rest of the Forex marketeers.

    I don’t see any big problem with not revealing his true name….. why are you making such a big case.. so much anger and rage because of a false name and an account balance that u consider not be good.

    My personal opinion on Forex guy. com is that he offers good advices and a very sound strategy using daily candles. You get a life-time membership by paying not so much money. I am not a beginner in this, having more than 5 years in this market toasting money. I can say that in the last year by using the simple methods he teaches I started making some money.

    I learn the hard way that there are no easy / miracle holy grails in this business only patience, good judgment and following some simple methods work, at least for me. Just check his website and the content, don’t blindly believe in what you read.

    • Steve Fleming says

      Joao – Thanks for your thoughtful comment and I’m surprised to hear that you don’t find anything wrong with a person using a completely fake identity to extract money from people. Fortunately the law does see a problem with it and that’s why there are legal statutes in place to protect people against it. Mr. Woods is hiding his identity to protect himself from any legal ramifications that might arise and so that he can not be held personally liable for any damages or loss.

      The definition of fraud is quite clear – ‘wrongful or criminal deception intended to result in financial or personal gain’.

      The bottom line is that Mr.Woods is engaging in fraud and extracting $1000’s of dollars a month based on deception. – Steve

    • Victim of Graham Blackmore says

      This man is a scammer and a thief. All the content is duplicated and stolen from many other websites. He does not have anything unique to sell including his name. Avoid him like fever!!

  10. Dave Goodchild says

    Thanks for exposing this scammer! He sounds like a real piece of work indeed.

    I wonder how many people he’s scammed over the years. Very sad!


    • No problem Dave and I’m glad to help. I just hope other people learn about this con-artist before he takes anybody else for a ride.


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