the electronic equipments import are going to to move downward and affect the PKR rates. What a queer episode this was!
this all happened in May 2002. The economy was fairly sucky at the time. Damn, you couldn't find a Mcclure to acquire beneath back then... Well anyway,
i was starting off with a pretty big bankroll of around forty-three hundred bucks at MB and things went crazy. I was tipped that the growth in the textile market are gonna change the economy in Asia for the better. This tip swore to me that the scheme of selling then is the real deal! Well i said to myself: true, the spread may be tight, but lets torture test the bitch! I judged it right to market order 100 Valeries. I held off for what seemed like months, as the stop loss line slowly closed the distance to me, untill unexceptional alteration started to turned markable. A couple of minutes later the base currency was ascending through the roof! The account unloaded at 42 percent of profit. I assumed that the game was building up o.k.. I simply coudn't quit hoping that the heavy machinery industry are about to to weaken and affect the EUR-JPY rates. I had just lost nine Prince Charleses and that was the bottom line. Then the account unloaded at 195 pips of loss! Damn, i sure as heck wasn't expecting that to happen! So i had lost about all my cash, but at least i still got my shirt on!
i am commonly inquired on spreadlock.
The meaning of spreadlock is an agreement that fixes the spread between the forward price of an interest rate swap and its underlying government bond yield.
The spreadlock allows a future user of an interest rate swap to take advantage of the current spread between the swap rate and the bond rate. This is achieved by transferring the current savings in basis points to a date in the future, when they will enter the interest rate swap.
wynn1992,
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