Rally Anyone?-- IFCN Wk 51 �Mon- Equity: $1,493.55 - 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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Tuesday, 25 November 2008

Rally Anyone?-- IFCN Wk 51 �Mon- Equity: $1,493.55

It is amazing that we haven't had much of a drawdown since we made equity highs almost a month ago.This Monday morning we didn't get the chance to exit any of the FirstStrike Plus trades held over from last week, namely the long Gbp/Usd from 1.5126 and the short Usd/Jpy from 95.39.It was close on the Usd/Jpy. The open (95.44) was just a few pips higher than our short entry- I wouldn't have

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