The Trend..., Is! -- IFCN Wk 52 �Tue- Equity: $1,549.88. - 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, 2 December 2008

The Trend..., Is! -- IFCN Wk 52 �Tue- Equity: $1,549.88.

After Monday's opening and the taking of a couple of profits from Sterling dominated trades � the Pound promptly started falling decisively, triggering the FirstStrike Plus sales of gbp/usd and the gbp/jpy. At the same time, we received a new sale in usd/jpy seen below.While these profitable trades were stacking up, the XAG position took a lot of heat, silver dropping $1.00/oz from Friday's

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