Living Forever! --Ifcn Wk 32 -Fri- Equity: $709.06.

I shout out upward to alive forever, or kicking the bucket trying.
Groucho Marx

Markets similar this lastly calendar week brand you lot shout out upward that you lot mightiness accept to alive forever to finally grab a big move. Markets are rattling patient. You must live too.

Here's the week's recap:

The information below is every bit of Friday's close, July 11, 2008:

Start of calendar week equity: $ 729.65.

OneNightStand Exit(s) on 06/14/08 :
Exited the long Eur/Usd OneNightStand merchandise from Fri – inwards @ 1.5911, out at 1.5898.
A loss of thirteen pips (-$ .95).

Completed FirstStrike trades this week:
  • Eur/Usd: Sold @ 1.5848, stopped out at 1.5908 for a sixty pip loss.
  • Gbp/Jpy: Long @ 212.11, stopped out at 211.21 for a ninety pip loss.
  • Gbp/Usd: Long @ 1.9906. Trade exited Fri at 1.9984 for 78 pip profit
  • Usd/Chf: Long @ 1.0240, stopped out at 1.0180 for a sixty pip loss.
  • Usd/Jpy: Sold @ 105.95, stopped out at 106.55 for a sixty pip loss.
Total losses: 270 pips
Total profits: 78 pips
Net losses: 192 pips (-$19.84)

OneNightStand 07/18/08 entry(s)
*Gbp/Jpy: long @ 213.64. To live exited Mon morning, 00:00 CST.
Unrealized Profits: $ .20

End of calendar week equity: $709.06.(includes unrealized P&L)
Total Loss for Week: $ 20.59 (2.8% weekly decrease)

This was a choppy trading week.

Some calendar week before long nosotros volition accept an intense motion or two. Or three. I'll run along on putting inwards the orders.

Have a skillful night.

Joel Rensink
www.infiniteyield.com

PS: To have the FREE! trading rules for the Challenge ($499 value) in addition to the semi-monthly newsletter nearly this challenge, ship an e-mail to:
newsletter@infiniteyield.com in addition to nation me to which address you lot would similar it sent. Please produce non role AOL, Hotmail or Yahoo addresses. They've been known to filter out to a greater extent than skillful postal service than actual spam. Try a Gmail address. It's free, uncomplicated in addition to perfect for traders!

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