Chopped!--IFCN Wk 38 -Thu- Equity: $868.02. - forex leaning place

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The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

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Thursday, 28 August 2008

Chopped!--IFCN Wk 38 -Thu- Equity: $868.02.

Torture is legal in the forex markets. What a week!I almost would have preferred getting stopped out of all the pairs this week instead of this cliff-hanger mentality the market is in.The short Usd/Jpy trade is still in force, carrying a heavier-than- normal trade size as described in the last two posts.Again, early this morning the market dropped hard, almost as deep as before- but not quite.

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