Forex Changes

[Jrod007]

This may be something and it may be nothing. I don't mean to get everyone too excited, but Forex has changed like I have never seen it before. I watch forex all day and night. I see the changes it makes and I always keep track of what the IQD is doing. As of 7:33 am EST, Thursday morning, the Bid rate is 1,146.3000 and the ask price is 1,189.7000. Now I know that this seems like it s nothing, however, the Bid price has never been this low before. This is honestly the first time I have seen it like this. Now I know there will be those here that say, "Yea, it fluctuates, it goes there daily!" Well I'm here to tell you - they are lying. As I said, I watch Forex all day and I have never seen the IQD at this bid price. Now it may go back up and we will be back where we started, but maybe it won't. We will see soon enough. Once again, this has not happened before, regardless of what the know-it-all nay-sayers think.

http://www.forex.tradingcharts.com/quotes/index.php?sym=usdiqd&Submit=Go&tz=GMT

[E A Poe]

I noticed it was different too. I am new to forex so I don't know what is good and what is bad

[Jrod007]

I noticed it was different too. I am new to forex so I don't know what is good and what is bad

Well it always fluctuates an the ask price has been here before but what caught my eye was the bid price, as it has never been this low before,even if it is only a few numbers lower. Just hoping!

[Hope Floats.Rates Dont]

I am all for looking at charts and patterns but don't get too exited. If you look at the history (click on the currency), it was actually a little lower than this on Feb. 19/20. Again, not trying to be negative, just pointing at facts.

[MSgt of Marines]

This may be something and it may be nothing. I don't mean to get everyone too excited, but Forex has changed like I have never seen it before. I watch forex all day and night. I see the changes it makes and I always keep track of what the IQD is doing. As of 7:33 am EST, Thursday morning, the Bid rate is 1,146.3000 and the ask price is 1,189.7000. Now I know that this seems like it s nothing, however, the Bid price has never been this low before. This is honestly the first time I have seen it like this. Now I know there will be those here that say, "Yea, it fluctuates, it goes there daily!" Well I'm here to tell you - they are lying. As I said, I watch Forex all day and I have never seen the IQD at this bid price. Now it may go back up and we will be back where we started, but maybe it won't. We will see soon enough. Once again, this has not happened before, regardless of what the know-it-all nay-sayers think.

http://www.forex.tradingcharts.com/quotes/index.php?sym=usdiqd&Submit=Go&tz=GMT

Its Headed in the right direction for sure!

[Upgradable]

Look at Feb. 19

[detroitjazzman]

Not moving USD/IQD frozen.....two hours behind other trades...might be something to watch. definatgely going in the right direction

[Hope Floats.Rates Dont]

Look at Feb. 19

My point exactly...thanks

I remember getting REALLY excited this day

Edited March 10, 2011 by Hope Floats.Rates Dont

[the next contestant]

I think something is definitely going on! GO RV!!!! Now that hell has frozen over, cause I think that was the last thing we were waiting on right? Kidding.

[bluejay]

Thanks for sharing your efforts, I'm happy to see movement...

[VIZIOIRAQI]

I have seen it as low as 1126.00 nothing new, when you see it go into the 1000.00 or lower then we are talking

[magicchris]

Look at Feb. 19

I'm the farthest thing from a Forex Guru. But what seems somewhat interesting (at least to me) is not the bottom but the top peak. According to this chart the peak seems to have dropped. Although an insignificant amount, it still looks like it dropped. Does this really mean anything? Hopefully someone with more knowledge of Forex can answer that because I certainly can not.

Also, I get XE.com on my mobile and everyday it says the same thing 1.0000 IQD /0.0008 USD. Midday yesterday that changed to 1.0000 IQD/0.0009 USD and remains that way today. Again extremely insignificant but a change none the less.

[coldwarvet]

To put all these changes in perspective, I think we need to look at them in percent changes as opposed to straight numerical changes. A change to 1189 may seem a lot, especially if it's displayed on the charts the way it is, but that's only a change of a little over 1.5%. From what I know, that's well within the range of normal flucutations against other currencies. No big deal.

[magicchris]

To put all these changes in perspective, I think we need to look at them in percent changes as opposed to straight numerical changes. A change to 1189 may seem a lot, especially if it's displayed on the charts the way it is, but that's only a change of a little over 1.5%. From what I know, that's well within the range of normal flucutations against other currencies. No big deal.

Thanks coldwarvet!

[teedoffed]

I have not been watching forex for years either, but did take notice this morning it was as low as I have seen it. Good Luck Fellow travelers!!!!

[cardinal sin]

Correct me if I'm wrong but, since the IQD is not a globally traded currency yet and is pinned to the USD, these fluctuations are actually the USD slipping in the world market thus showing a better value on the IQD. JMO.

[vrnorth]

it was lower on 2/19/11

1143.2000

[oneremedy]

I just got disconnected from forex, server too busy.

No change on cbi