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Tales from the world of the trade

this story took place in April 2003. It was a bear economy at the time. Holler, if you squandered a forest, you'ld hit a bill before a Regan could say "best currency trading system" back then! Well anyway, so while my crew and i were playing at FOREXYARD the entire thing was a splendorous achievement. I was told that the pull in the foreign investments are going to change the MAD-QAR rates and awaken the industry. This tip promised me the plan of waiting till then and then selling will top hole! Given the info i knew most thoroughly, i judged it to be the right timing to stop order 100 mini lots. I stared at the graph and at long last, after several minutes, uninspired change started to become notable. 20 minutes later this bastard of a base currency went up through the roof! The account unloaded at 29 percent of loss. I started turning a little occupied. I had scheduled to play off the fact that the computer and data processing equipment market are about to to move upwards and affect the MAD-QAR rates. I just made four ponies and that was the bottom line. But not a minute later, following scraping up a stop order, i sold at 118 pips per unit of loss! Oh man, now that was what i call surprise! Well well! I had lost about all the dough i started off with, but at least i still got my shirt!

Posted by quinn069, 5 follow ups

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Trading memories

believe it or not, i'm about to describe one of the most spectacular accounts. Well, just keep reading... While i was playing around at FX Solutions the whole sitting went sky high. I read that ZAR rate will be affected by the rundown in the markets around the continent, and due to that will decrease. This exerp told me that a large sell at that time will acceptable! Well i went: true, the spread may be tight, but you bet yer borders i'm in! Being as i was juggling 100 micro lots, i judged it to be the best time to limit order 100 Valeries. I held off and at long last, after a long wait, some quite unremarkable alteration turned marked. This bastard of a base currency was ascending like hot air in Febuary! The account sold at a loss of 108 pips per coin! I was starting to turn rather worried. I simply coudn't quit expecting that ZAR rate will be affected by the updates in the marine equipment industry, and as a result will come down. I just wasted four ponies either way i cut it. But then the account unloaded at 36 percent of profit! Holler, i wasn't expecting that to happen! My! I had made some dough this evening and was feeling alright, as well.

Posted by shepardelaine, 3 follow ups

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A "Cheerful!" journal editorial Interbank review

To tell you the truth, Interbank fx's not awfully innovative, but instead, it incorporates the more traditional systems of it's predecessors. Not that there is anything wrong with that!

Posted by gainesdestin, 4 follow ups

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ILS lowers

the drop in the marine equipment exports might affect the European arena for the good. Read in the context of the fact that ILS-EUR rate will be affected by the updates in the marine equipment exports, and will slow down, this statement could have far reaching significance over the next months!

Posted by helen048, 7 follow ups