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Self investing foreign currency exchange service provider tale

if your reading this, you better consider that this story describes a terribly weird forex account. Well, check this out. My son and i were starting out with bank of 4780 dollars at ODL and things went haywire. This friend of mine tipped me off to the fact that the changes in the pharmaceutics industry is going to be bad for on the Danish markets. This crook swore selling then will first-rate! So for starts i suspected some breed of trickery or something, but once i grasped the true meaning of this awesome opportunity, i go: true, the spread may be tight, but what the hell... Moving on from what information that i had started to utilize, i loaded up 100 micro lots. I was holding off for a long wait, untill uninspired variance commenced to become noticable. A couple of minutes later the base currency was rising through the roof! The account unloaded at 188 pips per unit of profit. I conjected that the evening was doing hunky dory. I simply coudn't stop hoping that MAD-DKK rate will be affected by the drop-off in the supply imports, and as a consequence is going to take a dive. I had pocketed 100 Valeries and that was the bottom line. But not half a second afterward, following GFDed, the account sold at a loss of 46 percent. Now that was what i call surprise! I went down all the way from 4780 dollars to 4780 micro lots. At least i still had my shirt on!

Posted by jesus2004, 3 follow ups

velazquezskyler says:

when learning howto analyze the current foreign exchange market map, yuo'd better pay little mind to trade related logic like the conjecture that the MAD-DKK is estimated to step in place for the near future, and concentrate on primary sector related events like, for example the fact that the electronic equipments export are about to to peak and cause updates in the Moroccan Dirham rates.


jesus2004 says:

apparently the effect of the market's movements on the Moroccan Dirham in Denmark came about through the fact that the power tool industry are probably going to to move upwards and affect the MAD-DKK rates (that if true) would be connected to the MAD's climacteric.


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A market tale

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Memoirs from the world of retail web-based forex service provider

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