IQD down to 1143.9

[sxsess]

WOW

USDIQD 12/19/11 07:05 - 01/19/12 08:14 EST

Recent: USD/IQD Majors: EUR/USD USD/JPY GBP/USD USD/CHF EUR/GBP EUR/JPY EUR/CHF AUD/USD USD/CAD NZD/USD Popular: AUD/CAD AUD/JPY AUD/NZD CHF/JPY EUR/AUD EUR/CAD GBP/CHF GBP/JPY Other/Select GMTESTMSTPSTCSTBETEETBST1 Min5 Min1 Hr1 Day Time: 01/09/12 11:05 EST Open: 1166.0000 High: 1166.0000 Low: 1166.0000 Close: 1166.0000

Time: 01/04/12 07:00 EST Open: 1143.9000 High: 1143.9000 Low: 1143.9000 Close: 1143.9000

Thanks for the heads up yota!!

http://www.forex.tradingcharts.com/chart/US%20Dollar_Iraqi%20Dinar.html

**ckin Ah!!!

[javantez]

I LL TAKE AN RV FOR 1MILL PLEASE LEGGO

[Carrello]

what the ?

what a good way to start this day but can someone VERIFY this?

It is verified for Forex. Follow yota's link provided in his first post and a graphs are included above by sxsess and others.

CBI remains the same at 1166.

[DinarDana]

I am liking what I am seeing, we are in for some surprises.

[Stryker365]

I am liking what I am seeing, we are in for some surprises.

I'm ready.............we all could use a surprise

[Carrello]

I am liking what I am seeing, we are in for some surprises.

You get to pick the first boutique...I get to pick the restaurant for lunch.

Ciao, my friend.

[sportfisher]

Lots of positive signs...am I wrong but on forex its not abnormal for the fluxuation since the dollar is always moving. Its the cbi site we are excited about the movment.

You are correct, this is normal flucuation.

[jcfrag]

This pic says it all. Comparible only to sitting on the toilet when one is constipated.

[Doctor Smith]

You are correct, this is normal flucuation.

Now it says 1163.

but if it would go down just 1 Dinar per day it will eventually avalanche. We'll see what happens.

[SocalDinar]

Now it says 1163.

but if it would go down just 1 Dinar per day it will eventually avalanche. We'll see what happens.

http://www.forex.tradingcharts.com/chart/US%20Dollar_Iraqi%20Dinar.html

Non event.

Someday soon it will be an EVENT like no other.

Waiting

[Carrello]

nm

Edited January 19, 2012 by Carrello

[Sanssouci]

More cowbell.

[zigmeister]

nm

nm?

[hoopdog]

The only place the rate matters is the CBI. When we are able to exchange, if that ever happens, that is where they are going to get the exchange rate period.

Edited January 19, 2012 by hoopdog

[GPCarter]

As a forex trader I will tell you that this fluctuation is meaningless at this time. The change in rates that you see on the various forex-related sites and currency converters have absolutely nothing to do with the IQD. Remember, IQD is not yet traded. There is no forex brokerage, not even one that deals in exotics like the KWD, where you can buy IQD pairs. So any movement you see is a result of the other currency in the quote. If you pull up a USD/IQD chart the movement you see is a result of the fluctuations in the USD and has nothing to do with the IQD.

All you are seeing move on these sites is the value of IQD relative to the value of USD,GBP etc. Naturally when the USD strengthens it will buy more IQD and when it weakens it will buy less. As a result you will see changes reflected on the charts but that is the USD moving and not the IQD. Until the IQD is a part of the forex market it makes absolutely no since to check these sites. The only thing we need to check at this point is Iraq (the CBI). One of these sites could say 1 USD was worth 1 IQD and it would be meaningless unless the IQD was internationally traded and the CBI reflected that rate. Don't put your faith in these sites.

Also, a lot of people are saying things such as they check IQD "on forex". Well, that is impossible because IQD is not "on forex". When you see IQD listed on a forex-related site don't think that it means IQD is "on forex" or that those sites are a part of the forex market. These sites have nothing to do with the actual forex market. They are simply used for purposes of information, market research, charting etc. This is no different than sites that track stocks, bonds etc. You can visit a site that has all sorts of information about stocks BUT that site is not the same as the actual stock market. It is the same with forex sites. Sure, a lot of them might have "forex" in the title and they might have currency converters, charts, rates and other information BUT they are not a direct part of the forex market. Brokerages get their information from data providers that include institutions such as Central Banks. So, if the information you see does not match the info on the CBI don't buy into it just yet.

Edited January 19, 2012 by GPCarter

[zigmeister]

Thanks Carter. Would you get any information from Forex letting you know if the IQD was about to go live on Forex?

[Stryker365]

Thanks Carter. Would you get any information from Forex letting you know if the IQD was about to go live on Forex?

Good question Zig and I thank you too Carter for the info above and any other info you will share..

Edited January 19, 2012 by Stryker365

[Carrello]

GPCarter, you provide great information and a logical summation. I remember seeing a few of your posts, and I would say you always walk softly, but carry a big stick. Professional information always tends to settle us down, but puts us back on the Yellow Brick Road. Thank you.

[Kimberlye]

Carter, I always look forward to your posts. Thank you for passing on your knowledge; much appreciated.

Happy Thursday,

Kimberlye

[nugghunter]

Great song easy

[E. 1999]

As a forex trader I will tell you that this fluctuation is meaningless at this time. The change in rates that you see on the various forex-related sites and currency converters have absolutely nothing to do with the IQD. Remember, IQD is not yet traded. There is no forex brokerage, not even one that deals in exotics like the KWD, where you can buy IQD pairs. So any movement you see is a result of the other currency in the quote. If you pull up a USD/IQD chart the movement you see is a result of the fluctuations in the USD and has nothing to do with the IQD.

All you are seeing move on these sites is the value of IQD relative to the value of USD,GBP etc. Naturally when the USD strengthens it will buy more IQD and when it weakens it will buy less. As a result you will see changes reflected on the charts but that is the USD moving and not the IQD. Until the IQD is a part of the forex market it makes absolutely no since to check these sites. The only thing we need to check at this point is Iraq (the CBI). One of these sites could say 1 USD was worth 1 IQD and it would be meaningless unless the IQD was internationally traded and the CBI reflected that rate. Don't put your faith in these sites.

Also, a lot of people are saying things such as they check IQD "on forex". Well, that is impossible because IQD is not "on forex". When you see IQD listed on a forex-related site don't think that it means IQD is "on forex" or that those sites are a part of the forex market. These sites have nothing to do with the actual forex market. They are simply used for purposes of information, market research, charting etc. This is no different than sites that track stocks, bonds etc. You can visit a site that has all sorts of information about stocks BUT that site is not the same as the actual stock market. It is the same with forex sites. Sure, a lot of them might have "forex" in the title and they might have currency converters, charts, rates and other information BUT they are not a direct part of the forex market. Brokerages get their information from data providers that include institutions such as Central Banks. So, if the information you see does not match the info on the CBI don't buy into it just yet.

Good info bro appreciate it

[SocalDinar]

As a forex trader I will tell you that this fluctuation is meaningless at this time. The change in rates that you see on the various forex-related sites and currency converters have absolutely nothing to do with the IQD. Remember, IQD is not yet traded. There is no forex brokerage, not even one that deals in exotics like the KWD, where you can buy IQD pairs. So any movement you see is a result of the other currency in the quote. If you pull up a USD/IQD chart the movement you see is a result of the fluctuations in the USD and has nothing to do with the IQD.

All you are seeing move on these sites is the value of IQD relative to the value of USD,GBP etc. Naturally when the USD strengthens it will buy more IQD and when it weakens it will buy less. As a result you will see changes reflected on the charts but that is the USD moving and not the IQD. Until the IQD is a part of the forex market it makes absolutely no since to check these sites. The only thing we need to check at this point is Iraq (the CBI). One of these sites could say 1 USD was worth 1 IQD and it would be meaningless unless the IQD was internationally traded and the CBI reflected that rate. Don't put your faith in these sites.

Also, a lot of people are saying things such as they check IQD "on forex". Well, that is impossible because IQD is not "on forex". When you see IQD listed on a forex-related site don't think that it means IQD is "on forex" or that those sites are a part of the forex market. These sites have nothing to do with the actual forex market. They are simply used for purposes of information, market research, charting etc. This is no different than sites that track stocks, bonds etc. You can visit a site that has all sorts of information about stocks BUT that site is not the same as the actual stock market. It is the same with forex sites. Sure, a lot of them might have "forex" in the title and they might have currency converters, charts, rates and other information BUT they are not a direct part of the forex market. Brokerages get their information from data providers that include institutions such as Central Banks. So, if the information you see does not match the info on the CBI don't buy into it just yet.

Thanks GP

[Cosmo]

As a forex trader I will tell you that this fluctuation is meaningless at this time. The change in rates that you see on the various forex-related sites and currency converters have absolutely nothing to do with the IQD. Remember, IQD is not yet traded. There is no forex brokerage, not even one that deals in exotics like the KWD, where you can buy IQD pairs. So any movement you see is a result of the other currency in the quote. If you pull up a USD/IQD chart the movement you see is a result of the fluctuations in the USD and has nothing to do with the IQD.

All you are seeing move on these sites is the value of IQD relative to the value of USD,GBP etc. Naturally when the USD strengthens it will buy more IQD and when it weakens it will buy less. As a result you will see changes reflected on the charts but that is the USD moving and not the IQD. Until the IQD is a part of the forex market it makes absolutely no since to check these sites. The only thing we need to check at this point is Iraq (the CBI). One of these sites could say 1 USD was worth 1 IQD and it would be meaningless unless the IQD was internationally traded and the CBI reflected that rate. Don't put your faith in these sites.

Also, a lot of people are saying things such as they check IQD "on forex". Well, that is impossible because IQD is not "on forex". When you see IQD listed on a forex-related site don't think that it means IQD is "on forex" or that those sites are a part of the forex market. These sites have nothing to do with the actual forex market. They are simply used for purposes of information, market research, charting etc. This is no different than sites that track stocks, bonds etc. You can visit a site that has all sorts of information about stocks BUT that site is not the same as the actual stock market. It is the same with forex sites. Sure, a lot of them might have "forex" in the title and they might have currency converters, charts, rates and other information BUT they are not a direct part of the forex market. Brokerages get their information from data providers that include institutions such as Central Banks. So, if the information you see does not match the info on the CBI don't buy into it just yet.

GPCarter - glad you're there watching out for us!!

[marknet73]

Thanx for the info GPCarter and helping me keep a level head in this. 1166 is still the number for now. Hopefully we're on the way to becoming an internationally traded currency. I'll definitely keep watching the CBI.