Highlights/Thoughts
Click on the title of this link to get to the details of this posting on DD
1. Seeing multiple pings on Forex (this is still the case this morning)
2. Series of numbers appearing on multiple sites that are being bumped back to confirm what is being received
3. Strange thing is that the ME rates should not change because it is not their trading day
4. Frequency of updates (when Joe P posted) was 1 minute (it is now more than 15 minutes this morning)
5. Watching the ME basket is an indicator for the IQD
There are a couple of things that are of importance to note: 1) IQD typically only updates once per day; 2) Multiple sights were updating in rhythm. This is pretty interesting. If you look at the chart below (click on the chart link), you'll see small adjustments over a time period. The graph for the IQD on a daily basis typically was a pretty straight line. Makes sense if you don't move the rate except for once per day. But, you'll notice a lot of disconnected lines over a period of time. This just tells you the rate either was higher or lower. It represents a change. Once again, it normally only changed once per day. Does it mean it will RV/RI today? Your guess is probably better than mine! But, this is interesting.
Click here to watch forex yourself
Click here to see the IQD chart (notice how much it has changed)
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