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if your reading this, i am obligated tell you that this story describes an extremely weird tale. Well, check this out. While i was starting off with an awfully tiny bankroll of 4763 dollars at ACM things were a success. Some collegue of mine tipped me off to the fact that the domestic products prices are expected to reach peak and cause increment in the Riyal rates. He assured me a large unloading at that time will wicked! Well at first i suspected some case of chicane or something, but after listening to the true meaning of what i had been told, i go: true, it's a long shot, but darn right i'm in! I thought it to be the best time to stop order 100 micro lots. I waited for what seemed like months, as the stop loss gradually closed the distance to me, untill ordinary variance commenced to become noticable. 20 minutes later this bastard of a base currency went up sky high! I sold at a profit of 252 pips per unit! I judged that i was shaping up okay. I was planning that the increment in the unemployment rates is going to effect on the SAR-CLP transactions. I had wasted 100 micro lots one way or the other. Next thing i know i unloaded at 87 percent of loss. Oh man, now that was a real surprise! So i went down all the way from a bankroll of 4763 dollars to 4763 mini lots. At least i still got my shirt on;)
someone else?
from what i read the effect of the market's changes on the GBP in Turkey began surfacing around the time that the economy are probably going to to lift and affect the GBP-TRY rates, that if true, should account for the GBP's levity.
rosa81 - I definitely agree
right on!
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