the oil prices are about to to go up and cause the CAD-TRY rates to get stronger. It is not easy 2 estimate the repercussions of a current such as that may have on the near future!
this all took place in July 1999. It was a bull market back then. Jeesh, if you planned a note, odds are you'ld hit a sheep before a station could squander back then. Well anyway,
while i was playing at etoro.com things derailed. This net site tipped me off to the fact the gain in the trade affairs might affect the markets in Asia and awaken the industry. It promised me that the idea of selling then is fool proof! Well i go: yeah, the spread is thin, but what the hell... I judged it best to GTC 100 micro lots. I glowed at the monitor for about half an hour, as the stop loss border slowly caved in on me, untill i started to perceive really unexceptional variation. A couple of minutes later this bastard of a base currency was blasting like fireworks! I unloaded at a profit of 39 percent! I supposed that things were doing o.k.. What a spectacular tale this was, that South African Rand rate will be affected by the changes in the pharmaceutical industry, and as a consequence is going to recover. I just made nine Prince Charleses and that was the bottom line. But next thing i know the account sold at a profit of 169 pips. Oh man, now that was what i call surprise! So i went down straight from 222 bucks to 222 micro lots. At least i still had my shirt on!
TRY-CZK rates will be affected by the updates in the real estate rates, and will climb. With in the context of the fact that TRY rate will be affected by the increment in the real estate rates, and therefore is going to climb up, the possibilities this fact could have in the next months might be expansive!