Highlights/Thoughts
This chat is in regards to the changes in Forex that can be seen here
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[*****] mainspeaker mainspeaker do you have a guess on who is doing it?
[mainspeaker] now if you look at the graph, at the left side, you will notice the 'flat tops'
[*****] ***** ***** 2 great minds
[*****] ***** You got it Girlfriend!!
[mainspeaker] this is when the IQD isn't giveing any new data out of the CBI via the Forex, the info remains constant, and in my opinion it was a testing phase as you can see movement but it was intermittent at best
[mainspeaker] now go to the right... and you will see the lack of flat tops
[mainspeaker] it is very pointy
[mainspeaker] meaning that data is being update on a tick bases and obviously a lot more frequently
[mainspeaker] now, if you were to look at the 30 min chart
[ginak] mainspeaker what site is this sorry jst got on
[1bad69] Is this not the first testing phase we have seen from forex?
[*****] can you put an elliot curve or fibronacci curve on this and make it make us millionaires? or whatever they call the curves
[mainspeaker] you woul see that the sudden onset of this new data started last night
[*****] mainspeaker looking at this chart from where it says 07 meaning January 7 this is activity on a daily basis, is that correct? Starting on the 19th things get very erratic and the last two days have not been posted on the chart it ends on the 19th
[mainspeaker] so to conclude, this chart doesn't prove that the dinar is trading per se, it proves that the dinar is being actively quoted against the USD ( as the USD changes, so does the value in Dinars) and that the dinar's rate currently by the cbi is 1170.... So we now have a more actively reporting between the USD and dinar
[mainspeaker] yes those are dates
[1bad69] and is not a very good indication of what is about to go down, whether it be today ,tonight, tomorrow or next month regardless
[mainspeaker] yes it ends on the 19th... but the acutal data on the right is from yesterday and today, I had to zoom out to get the historiocal data to show
[mainspeaker] so the data is bona fide
[mainspeaker] that's why I had to switch to the 30 mins chart to verify when the change took place and as I said it was last night
[mainspeaker] so one can see the data difference in structure
[mainspeaker] I have been following these chart since 2006
[mainspeaker] and can easily spot the difference
[mainspeaker] so it supports what Mstork said last night that there was a change
[*****] mainspeaker is this the first time you've seen this?
[*****] mainspeaker so big difference, huh?
[mainspeaker] all we need now is to see it drop on that chart, and yest this is the first time it has shown active constant data as oppose to the intermittent data
[mainspeaker] so someone flipped a switch somewehre
[*****] thanks ******
[mainspeaker]
[mainspeaker] done
[*******] so that could be misread as trades on the dinar...people reading it as spot trades when it is the usd that's movng when it is the iqd rate as it would be against the trading usd? so it is quotes against the current rate of usd?
[*****] mainspeaker very interesting, and thanks for your explanation
[*****] mainspeaker mainspeaker Whats do the flat tops on left mean - missed that
[mainspeaker] Flattops mean no data change
[mainspeaker] or no data given from Baghdad
[mainspeaker] ******I strongly suspect so
[*****] usd / iqd chart w/ mainspeaker report http://www.currencychatt ••• age=last
[mainspeaker] If the dinar was actually trading on Forex, Banks would be exchanging at current rate and they arent'...
[*****] See no one wanted to believe me last night!!
[******] good deal thanks for your diligence and sharing makes sense
[mainspeaker] I remember the SOFA agreement wouldn't allow a bank to profit from the dinar at its curent rate
[*****] ***** wrong - we always believe and welcome your input
[*****] Maybe because they know I have no idea what I'm talking about!!
[*****] ***** ***** ***** Your a pushover !!
[mainspeaker] so a rate change and then let banks trade and exchange would be the most pratical of all
[mainspeaker] But as this shows the tick, this is where the evidence of a RV would be demonstrated
[*****] ***** ***** *****
[mainspeaker] cos the CBI won't say we have a RV and not update the ticks
[mainspeaker] it will be reflected when the announcemtn takes place
[mainspeaker] I am watching the live chart and it looks like it stopped a few mins ago
[******] My friend the Forex guy did get back to me last night and he said he wasn't able to trade on it last night, but he also said that didn't mean anything, it still was live. So I really don't know what that means , he just emailed me.
[******]***** Thanks for you info, really appreciate it
[mainspeaker] ******you're welcome.... hopefully they will change the rate and make us really
[******] sooon?
[mainspeaker] *******yeah that was my conclusion, that what we see are active quotes and not trading pe se as ********mentioned above
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