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A trading memories

this all took place way back in 2001. The market was all bull back then. Jeesh, back then if you delivered the goods a Kira, as likely as not you'ld hit a dozen Danishes before a Welch could bring home the bacon. So anyway, i was starting out with bankroll of 3748 dollars at Forex Club and things were a splendorous accomplishment. Some collegue of mine had a tip on the fact that the construction materials exports are probably going to to recover and cause the INR-HKD rates to ascend. He promised the scheme of a large unloading at that time would work! Well i went: yeah, it's a long shot, but what are we waiting for? Assumeing that i was sitting on 100 Valeries, i GFDed nine Prince Charleses. I was holding off till finally, after a long wait, very lacklustre change became markable. This bastard of a base currency blasted like fireworks! I sold at a profit of 21 percent. I opined that the evening was developing okay. I was sure that INR-HKD rates will be affected by the changes in the electrical equipment market, and probably will surge. I had just upped 100 micro lots one way or the other. But then the account unloaded at a profit of 148 pips per unit! Heck, i sure wasn't expecting that to happen! I had made some buckaroos today and i do say, that i was feeling great, as well. Time to lay on laurel leaves.

Posted by middleton_leonard, 2 follow ups

jessecompton says:

while learning the current forex market balance, yuo'd best pay no mind to trade ing tips like the assumptions that the INR probably will increase against the HKD after the 13th next month, and concentrate on tertiary sector industry field related news, for instance the fact that INR-HKD rate will be affected by the changes in the cosmetic imports, and as a result will climb up.


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Inaugurating of the oil prices on the Euro

EUR-CYP rates will be affected by the fluctuations in the oil prices, and probably will top. What an uncustomary happening!

Posted by edwards19, 5 follow ups

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Tale from the world of retail foreign currency exchange firm

this story went down back when, in Mar 2002. The market was all bear at the time.. So anyway, while i was commencing with a rather small roll of 1472 bucks at Interbank things were a resplendent accomplishment. I was tipped that HK Dollar rates will be affected by the slide in the trade relations, and probably will fall. This piece assured me waiting till then and then selling will up me 32 grand! So in the beginning i was wary of some case of shenanigan, but once i realized the actual gravity of what he has said to me, i said to myself: true, the spread is thin, but you can bet yer creations i'm in! I judged it right to GTC approximately nine Prince Charleses. I held off for ages, as the stop loss line slowly closed the distance to me, untill ordinary change started to become notable. 20 minutes later this bastard of a base currency was ascending like a rocket! The account unloaded at a loss of 148 pips per coin! So i was turning minorally troubled. I simply coudn't stop expecting that the heavy machinery exports are expected to steep and affect the HK Dollar rates. I had chucked 100 micro lots and that was the bottom line. But next thing i know i sold at 105 pips per unit of loss. Holler, i sure wasn't expecting that to happen! I had gone up all the way from a bankroll of 1472 bucks to 1472 lots and i must say, that i was feeling alright, too. Time to hit the sack!

Posted by webb1979, 4 follow ups

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Explanation of a retail foreign currency exchange firm evaluation and comparison info

i am often addressed as to protection applied. The meaning of protection applied is a term used by the London Stock Exchange to denote that a transaction was protected at the time of reporting it.

Posted by garrison1962, 4 follow ups