GPCarter Posted January 22, 2012 Report Share Posted January 22, 2012 IQD is NOT "On Forex". As a forex trader I have explained this time and time again. These sites where you see IQD are NOT a part of the actual forex market. 1 Link to comment Share on other sites More sharing options...
boogs2335 Posted January 22, 2012 Author Report Share Posted January 22, 2012 IQD is NOT "On Forex". As a forex trader I have explained this time and time again. These sites where you see IQD are NOT a part of the actual forex market. ok thats good to know. I am not a forex trader. I'm just a humble dinar owner. If you don't mind could you explain what do these numbers on the forex actually mean? What are they based off of? I understand that it is partially because of the movements in the dollar, but what else controlls it? thanks in advance 1 Link to comment Share on other sites More sharing options...
lotsofdinar Posted January 22, 2012 Report Share Posted January 22, 2012 (edited) I think what GP is trying to explain is that the sites you can see, none of which are a part of Forex, are not necessarily reflecting what is happening on Forex. And in the case of the IQD, could not be reflecting Forex trading because the IQD does not trade on Forex. He has explained this multiple times. Only Forex traders are seeing the actual Forex numbers. When you look at these sites, don't think Forex. That's not what you are seeing. Edited January 22, 2012 by lotsofdinar Link to comment Share on other sites More sharing options...
zigmeister Posted January 23, 2012 Report Share Posted January 23, 2012 I think what GP is trying to explain is that the sites you can see, none of which are a part of Forex, are not necessarily reflecting what is happening on Forex. And in the case of the IQD, could not be reflecting Forex trading because the IQD does not trade on Forex. He has explained this multiple times. Only Forex traders are seeing the actual Forex numbers. When you look at these sites, don't think Forex. That's not what you are seeing. So are you a forex trader? Link to comment Share on other sites More sharing options...
Doctor Smith Posted January 23, 2012 Report Share Posted January 23, 2012 I think what GP is trying to explain is that the sites you can see, none of which are a part of Forex, are not necessarily reflecting what is happening on Forex. And in the case of the IQD, could not be reflecting Forex trading because the IQD does not trade on Forex. He has explained this multiple times. Only Forex traders are seeing the actual Forex numbers. When you look at these sites, don't think Forex. That's not what you are seeing. What are the numbers reflecting? If pegged to the dollar it should move with the dollar and not show any change. Link to comment Share on other sites More sharing options...
Cosmo Posted January 23, 2012 Report Share Posted January 23, 2012 No its not traded on forex but a week ago even on forex it never showed anything more than 1170. Keep that in mind. It always closed at 1170, not now. There were nano second blips, it never stayed, always 1170 even on forex, even if it really doesn't matter. So in that perspective it does matter, I think. Bam!! Thanks for confirming what I've been thinking Zigs. Here on the forex sites we see the same rate for years at 1170 or something close and never changing, (except for a fateful November day in 2009 ) and now the boards are almost alive with slow incremental changes downward - 1170 - 1166 - 1163 - 1160 - 1137, so to me this is looking interesting. Very interesting. Link to comment Share on other sites More sharing options...
Aqua Dude Posted January 23, 2012 Report Share Posted January 23, 2012 Yahoo streams what happens of the forex...just like they do for the stock market....im a trader to and i know this as genuine fact http://finance.yahoo.com/q/bc?s=USDIQD=X&t=5d&l=on&z=m&q=l&c= this is what is current....it may change tomorrow....but the last posted rate is 1164 tomorrow it could be 1137...lets wait a hand full of hours and find out Link to comment Share on other sites More sharing options...
HopefulTxn Posted January 23, 2012 Report Share Posted January 23, 2012 IQD is NOT "On Forex". As a forex trader I have explained this time and time again. These sites where you see IQD are NOT a part of the actual forex market. I believe this is the LINK where he explains the fluctuations on the currency sites. Link to comment Share on other sites More sharing options...
DinarDana Posted January 23, 2012 Report Share Posted January 23, 2012 The IQD is not traded on Forex. The numbers mean nothing. I can't believe folks are still hyperventalating over this. Get me a paper bag!! Quick! 1 Link to comment Share on other sites More sharing options...
Carrello Posted January 23, 2012 Report Share Posted January 23, 2012 Get me a paper bag!! Quick! I've got the case of bags. Hang on Dana. I am on my way. Link to comment Share on other sites More sharing options...
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