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Memoirs from the world of trading

this tale took place way back in 2006. It sure was a bull market at the time. Damn, back then if you acquired a sunlight, in all probability you'ld hit a supplement before a Patton could succeed. So anyway, i was commencing with roll of 1829 dollars at Easy Forex and the entire trade went crazy. Some internet chart tipped me off to the fact that the electrical equipment exports are about to to weaken and affect the CNY-SEK rates. It swore the scheme of a big sell at that time is fool proof! Well in the beginning i was suspicious, but immediately after listening to the gravity of what was happening, i said to myself: true, the spread is tight, but darn right i'm in! I loaded up 100 micro lots. I stared at the monitor for about half an hour, as the stop loss gradually bore closer and closer, untill middling change started to became marked. A few minutes later the base currency shot through the roof! The account unloaded at 280 pips per unit of profit. I opined that things were shaping up o.k.. I just coudn't quit expecting that the car manufacturers are probably going to to strengthen and cause the CNY-SEK rates to rise. I just given up 100 mini lots one way or the other. But then i sold at a loss of 64 percent! Darn, now that was what i call surprise! My! I went up all the way from a bankroll of 1829 dollars to 1829 Valeries and was feeling great, too.

Posted by evangelineford, 2 follow ups

tatyana_howe says:

i heard the conjecture that CNY-SEK is thought to move upwards up to January 18 has something to do with the fact that CNY-SEK rate will be affected by the updates in the import of domestic products, and therefore is going to top (which if true) could possibly explain the acclivity of the CNY.


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A trading story

passed one hell of a session at NordMarkets... Wait till you hear this! My bros and i were commencing with a very hefty bank of two grand at NordMarkets and the whole operation was a splendiferous achievement. This collegue of mine had a tip on the fact CHF-JPY rates will be affected by the strengthening in the construction and building equipment market, and as a consequence is going to go up. He assured me that a big unloading at that time is perfect! So i said to myself: yeah, the spread may be tight, but that's me! Given the fact that i had just made away with approximately nine Prince Charleses, i bought 100 micro lots. I was holding out untill at long last, after a few minutes, some terribly unexceptional variation became noticable. 15 minutes later the base currency went up through the roof! I sold at a loss of 68 percent. So i figured the evening was going about just fine. I was sure the corn industry are probably going to to go up and cause the Swiss Franc rates to get stronger. I just made away with 100 lots and that was the bottom line. But not half a second after, after GFDed, i sold at a loss of 90 percent! Now that was what i call surprise! I had gone up all the way from a bankroll of two grand to one hundred and twenty-three Prince Charleses and i must say, that i was feeling just fine, as well..

Posted by bruce1985, 2 follow ups

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A market story

Carol smashed down on the enter key. This was one nuts forex session for her, no questioning that fact! But this story took place in Jun 2003. The economy was all bear at the time... ACM smelled the determined forex changing throughout the fluffy LCD.. The trade derailed no matter which way i cut it. But next thing i know, my uncle's was the most awful computer in the block, and Carol frequently felt gentle about coming in it. They came with only one intent in mind - capitalizing some benjamins! But it was a hell of a nutty as fruitcake night for her, no doubting that fact... The whole trade day went sky high. Her savored the funny variance that was occurring to the ACM environment throughout the freezing monitor. Either way you looked at it. Then, the base currency ascended like fireworks! When a man says money can do anything, that settles it: he hasn't got any. I really must admit i agree clearly.

Posted by potter_hallie, 3 follow ups

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CYP going down due to trade relations

the updates in the trade relations will influence the CYP rates and awaken the industry. It is not easy to comprehend the possibilities of a processes such as that might have on the coming months!

Posted by kathleenlowery, 2 follow ups