Currency Rally? IFCN Wk 42 � Mon- Equity: $1,455.05 - 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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Monday, 22 September 2008

Currency Rally? IFCN Wk 42 � Mon- Equity: $1,455.05

We got filled on all five of the week's FirstStrike trades and so far, only one has been stopped out � the short Usd/Jpy. Of the four that went profitable, only the Gbp/Jpy was faltering as I write this, and probably will be stopped out soon.The 50% profit trailing stop has been placed on the remaining 3 trades because they all had approximately 300 pips or more in profits at their peaks today

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