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Memories from the world of trading
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06 September, 2009
3 comments
if your reading this, i should tell you that this story describes a terribly unbelievable forex tale. Well, read on.
So i was screwing around at Xforex and the whole trade day was a glorious success. This portal had a tip about the fact the gain in the car companies might influence on the industry in Beirut. It told me that a big sell at that time will work like a charm! So for starts i suspected some type of chicanery, but once i realized the literal gravity of what he has said to me, i go: yeah, it's a long shot, but hell yeah! Moving on from what information which i was most adept at, i loaded up nine Prince Charleses. I was waiting and at long last, after about half an hour, bog-standard variation commenced to became markable. 5 minutes later the base currency took off like the Plague fever! The account unloaded at a profit of 223 pips! So i assumed that things were developing adequately. So much for the knowledge that the pharmaceutics industry are probably going to to uprise and cause the JPY-LBP rates to ascent. I had just but not a moment afterward, i GTCed. I unloaded at 61 percent of loss. Oh brother, i wasn't expecting that to happen! Well what do you know! I had lost just about all my smackaroos. At least i was still wearing my shirt.
Comments
decker_monica 06 September, 2009
i heard the proposition that the JPY-LBP is estimated to stay put for a while was a by-product of the fact that the supply exports are expected to lift and cause changes in the JPY rates, that if correct, should account for the JPY's status.
evelyn020 06 September, 2009
while learning howto study the current market situation, yuo must pay more attention to trade ing tips like the estimation that the JPY is estimated to stand still versus the LBP for the near future, and concentrate on tertiary sector industry related events, for example the fact that the markup in the clothing industry will profit on the JPY prices.
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FUNDAMENTAL ANALYSIS
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| USD |
PKR |
Last |
Change |
Prev.close |
Alert |
Trend |
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82.761
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-0.0821
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82.829
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The USD-PKR slightly above 82.751. As pointed out by researchers, it is going to stimulate the glassware importers in all of Asia.
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Y.S. Bowers, 08 September, 2009.
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| EUR |
GBP |
Last |
Change |
Prev.close |
Alert |
Trend |
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0.874
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0.2294
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0.872
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The Euro is staying put against the British Pound. Ukraine economists' evaluation is it's going to take a dive rapidly at least by -1.767 per cent within the near future,and that will profit the control equipment exporters in Ukraine, because of companies from United Kingdom entering the local market.
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S.Y. Grant, 08 September, 2009.
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| JPY |
EUR |
Last |
Change |
Prev.close |
Alert |
Trend |
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0.007
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-12.5
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0.008
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market in Asia was unstabale: The JPY is weakening against the EUR by -12.5 pct. Nepal economists are predicting this can increase sales for the household and kitchen appliance exporters at Nepal.
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Tyler Head, 08 September, 2009.
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| CAD |
CHF |
Last |
Change |
Prev.close |
Alert |
Trend |
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0.978
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0.4107
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0.974
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Small fluctuations by 0.4107 percent in the CAD-CHF. Evaluations are that it will keep it's direction at least up to 0.992 in the next trade day, which will cause some damage for car manufacturers in Europe.
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Brad Lizbeth Lyons, 08 September, 2009.
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