He's just lucky to get his FIRST real lesson for a such little fee.
Newbie, don't make yourself feel that after such "most valuable lesson" you become the king of fx, you know...
only after years of practice, you can say ... you know something
You will never find a demo with even $1000 starting sum.
It's not because there is nothing to do in fx with such sum, it's because of greed. You are lucky enough that your greed let you put so little.
remember that you're playing not only for nzd but against the dollar...and if the last one goes up the nzd will be the first one goes down...at least at past
I've made some little research of the interest rates both in US and CA. Let the Sep-Oct 1989 would be the start point since that date both US and CA started to decrease their rates...both did it slowly until Aug 1991 when US continued to decrease its rate but CA started to increase it and the...
I don't worry 'cause I'm not playing it.
There are better candidates for playing with... :)
I've just took a look at monthly chart and wondering what makes the CAD change its trend in November, 1991? :confused:
Some points about this:
[In unsually speedy post-meeting interview, [ECB"S LIEBSCHER]reiterated that the ECB has no preconceived ideas on rate hikes and is not planning a US-style tightening cycle (ie a move at every meeting).]
The futures market are signalling that short rates will hit 3...
Well, guys - 1.1360 is not a good price either going short or long.
So it much depends on where you SL & TP is...good luck. :)
News move the price, the trend directs it.
On a short term basis it's a casino :)