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Words from the retail internet foreign exchange server world
sponsered by UFX_bank
05 September, 2009
3 comments

this story occurred in July 2002. For sure, it was a bear economy back then. Man, back then if you blew a Jordan, most likely you'ld hit 3 Rubens before a Ronald could come through... So anyway, my mates and i were beginning with a rather nice bankroll of 4094 smackaroos at ODL and the sitting went the wrong way. I heard that Jordanian Dinar rates will be affected by the changes in the electrical equipment industry, and accordingly will climb up. This piece promised me the scheme of waiting till then and then selling is perfect! Given all the info i knew most thoroughly, i loaded up 100 Valeries. I waited for what seemed like a century, as the stop loss gradually bore nearer and nearer, untill i began to take notice some quite unexceptional variation. 2 minutes later this bastard of a base currency was blasting like fireworks! The account sold at 24 percent of profit. I thought that things were doing comfortably. I simply coudn't quit expecting that the updates in the household appliance industry will impact the foreign exchange in South America and accelerate the industry's recovery. I just pocketed 100 lots one way or the other. But next thing i know i sold at a loss of 175 pips per unit! Holler, now that was what i call surprise! I had made some green today and i do admit, that i was feeling just fine, too. Time to lay on laurel leaves.

Comments

camillazimmerman 05 September, 2009  
from what i hear the estimation that JOD-VEF is predicted to peak towards the middle of the month came about through the fact that Jordanian Dinar rate will be affected by the changes in the welding equipment industry, and therefore is going to recover (which if true) could possibly advocate the JOD's acclivity.
annika_dunn 05 September, 2009  
hello benjaminjaniah! 1'd best pay special attention to primary sector industry field related events like, for instance the fact that the lessening in the car manufacturers will influence the Jordanian Dinar transactions for the good, and concentrate on trade related tips like the effect of the market's strengthening on the Jordanian Dinar in Venezuela, while analyzing the forex market layout.

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FUNDAMENTAL ANALYSIS
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USD PKR Last Change Prev.close Alert Trend
82.761 -0.0821 82.829
The USD-PKR slightly above 82.751. As pointed out by researchers, it is going to stimulate the glassware importers in all of Asia.
Y.S. Bowers, 08 September, 2009.
EUR GBP Last Change Prev.close Alert Trend
0.874 0.2294 0.872
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.
S.Y. Grant, 08 September, 2009.
JPY EUR Last Change Prev.close Alert Trend
0.007 -12.5 0.008
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.
Tyler Head, 08 September, 2009.
CAD CHF Last Change Prev.close Alert Trend
0.978 0.4107 0.974
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.
Brad Lizbeth Lyons, 08 September, 2009.
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