The Dollar is Losing its Grip! -IFCN WK 67 � Monday- Equity: $2,413.69 - 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, 16 March 2009

The Dollar is Losing its Grip! -IFCN WK 67 � Monday- Equity: $2,413.69

This morning we got some early strength in the Pound and Euro triggering long FirstStrikePlus trades, carry-over strength in the Gbp/Jpy almost triggered a long position there also.At today's open I exited my elective long eur/usd trade from last week for a 155 pip profit. There were no OneNightStand trades entered on Friday to be exited this morning.In the last four trading sessions we have

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