Positions Hold Condition Quo! -Ifcn Wk 48 – Fri- $1,554.20
Another choppy calendar week due to the forex markets trying to resume to a greater extent than normal volatility. There are potential profits from this week's electrical flow trades, but zip to stir the imagination. We tin hold back to larn greater profits afterward the markets larn closer to “normal”. When smaller weekly volatility becomes typical over again nosotros volition live on able to merchandise larger size. Then some decent profits tin accrue when a tendency calendar week develops.
This week's activity was about a wash. Which is appropriate since in that place was rattling piddling major activity inwards the currencies, only a lot of to-and-fro amongst intelligence of the election sifting through everyone's consciousness.
Next calendar week could live on a tendency week. I'm ready.
Here's concluding week's Fri recap:
The information below is equally of Friday's close, Nov. 7, 2008:
Start of calendar week equity: $1,558.01
OneNightStand Exit(s) on 11/3/08 :
-None-
Total ONS Profits: $ -0-
(Total increase from Friday's equity: $-0-)
This Week's FSP exits in addition to entries-
OneNightStand 11/7/08 entry(s):
-None-
Current FSP/ONS merchandise equity is: $1,424.20
Special Silver long position:
Silver position equity: $130.00
(Current XAG price: $10.05 – 200 unit of measurement position average: $9.40)
Weekly full XAG position equity gain: (+$50.00)
WEEK'S TOTAL EQUITY: $1,554.20
Total Loss for Week: $ 3.81
(0.2 % weekly decrease)
-----
Despite large apparent losses (pip-wise) inwards the the FirstStrike Plus trades, shout out upwards that the positions accept been thus little that they are actually minor-- commonly less than .5% per pair, sometimes much less.
That is the produce goodness of having the FSP method fundamental off recent volatility. When the previous weekly hit is small, in addition to thus a little motility tin net us handsomely. When the previous week's hit is large, the latent gamble tends to diminish.
Joel Rensink
www.infiniteyield.com
PS: To have the FREE! trading rules for the Challenge ($499 value) in addition to the semi-monthly newsletter virtually this challenge, ship an e-mail to: newsletter@infiniteyield.com in addition to enjoin me to which address you lot would similar it sent. Please produce non purpose AOL, Hotmail or Yahoo addresses. They've been known to filter out to a greater extent than skillful post service than actual spam. Try a Gmail address. It's free, uncomplicated in addition to perfect for traders!
This week's activity was about a wash. Which is appropriate since in that place was rattling piddling major activity inwards the currencies, only a lot of to-and-fro amongst intelligence of the election sifting through everyone's consciousness.
Next calendar week could live on a tendency week. I'm ready.
Here's concluding week's Fri recap:
The information below is equally of Friday's close, Nov. 7, 2008:
Start of calendar week equity: $1,558.01
OneNightStand Exit(s) on 11/3/08 :
-None-
Total ONS Profits: $ -0-
(Total increase from Friday's equity: $-0-)
This Week's FSP exits in addition to entries-
- Eur/Usd: Long @ 1.2903, exited at 1.2569 for 334 pips loss.
- Eur/Usd: Short @ 1.2569, stopped at 1.2957 for 388 pip loss.
- Gbp/Jpy: Long @ 159.69, exited Mon opened upwards at 1.6242 for 273 pips profit.
- Gbp/Jpy: Short @ 154.84, halt 164.62. Current trade--
- Gbp/Usd: Long @ 1.6412, exited at 1.5881 for 531 pips loss.
- Gbp/Usd: Short @ 1.5881, halt 1.6439. Current trade--
- Usd/Chf: Long @ 1.1664, halt 1.1460. Current trade--
- Usd/Jpy: Long @ 97.26, exited Mon opened upwards at 98.49 for 123 pips profit.
- Usd/Jpy: Short @ 97.18, halt 100.25. Current trade--
OneNightStand 11/7/08 entry(s):
-None-
Current FSP/ONS merchandise equity is: $1,424.20
Special Silver long position:
Silver position equity: $130.00
(Current XAG price: $10.05 – 200 unit of measurement position average: $9.40)
Weekly full XAG position equity gain: (+$50.00)
WEEK'S TOTAL EQUITY: $1,554.20
Total Loss for Week: $ 3.81
(0.2 % weekly decrease)
-----
Despite large apparent losses (pip-wise) inwards the the FirstStrike Plus trades, shout out upwards that the positions accept been thus little that they are actually minor-- commonly less than .5% per pair, sometimes much less.
That is the produce goodness of having the FSP method fundamental off recent volatility. When the previous weekly hit is small, in addition to thus a little motility tin net us handsomely. When the previous week's hit is large, the latent gamble tends to diminish.
Joel Rensink
www.infiniteyield.com
PS: To have the FREE! trading rules for the Challenge ($499 value) in addition to the semi-monthly newsletter virtually this challenge, ship an e-mail to: newsletter@infiniteyield.com in addition to enjoin me to which address you lot would similar it sent. Please produce non purpose AOL, Hotmail or Yahoo addresses. They've been known to filter out to a greater extent than skillful post service than actual spam. Try a Gmail address. It's free, uncomplicated in addition to perfect for traders!
Komentar
Posting Komentar