"Ben Benanke Breakout"... IFCN Wk 8 -Wed- Equity: $524.65

Almost sounds like a title to a song....We had an interesting but definitely tradeable reaction to the interest rate announcement today at 13:15 CST. Many of the primary pairs formed pennant formations just prior to the breakout. An example of the formation from another site. Most forex traders have heard of or traded pennant formations, which look like triangles on a chart. When one side of