Rally Anyone?-- Ifcn Wk 51 –Mon- Equity: $1,493.55

It is amazing that nosotros haven't had much of a drawdown since nosotros made equity highs almost a calendar month ago.

This Mon morn nosotros didn't larn the gamble to operate out whatever of the FirstStrike Plus trades held over from terminal week, namely the long Gbp/Usd from 1.5126 too the brusk Usd/Jpy from 95.39.

It was unopen on the Usd/Jpy. The opened upward (95.44) was but a few pips higher than our brusk entry- I wouldn't convey blamed anyone for exiting, considering a interruption fifty-fifty merchandise beingness almost a profits considering the amount of fourth dimension the merchandise spent underwater terminal week.

No worries. This week's orders were placed amongst greater-than-average personal anticipation. If the trades larn reversed, they volition last at improve prices than their previous stops-- too the hazard wasn't that cracking anyway.

Here's terminal week's recap:

The information below is equally of the opened upward of Monday, Nov. 24, 2008: (00:00 CST)

Equity from terminal Monday's open: $1,527.65

OneNightStand Exit(s) on 11/24/08 :
-None-
Total ONS Profits: $ -0-

Monday's FSP exits on 11/24/08:
-None-

FSP closed trades calendar week of 11/17/08 through 11/24/08
*eur/usd: Long @ 1.2723, stopped at 1.2508 for 215 pip loss.
*usd/chf: Long @ 1.2061, stopped at 1.1945 for 116 pip loss.

Current FSP trades:
  • gbp/usd: Long @ 1.5126, halt 1.4615.
  • usd/jpy: Short @ 95.39, halt 97.39.
Current FirstStrikePlus trades volition last exited on Mondays at 00:00 CST if profitable. (First-Profitable-Open Exit) If non exited volition last held until profitable on a subsequent Monday's open, stopped out or reversed past times side past times side week's positions. For consummate rules, banking firm check here----

OneNightStand 11/21/08 entry(s):
Long Usd/Chf @ 1.2289, stopped at 1.2189 for 100 pip loss.

Current FSP/ONS merchandise equity is: $1,457.55.

Special Silver long position:
Silver position equity: $36.00
(Current XAG price: $9.58 – 200 unit of measurement position average: $9.40)
Weekly full XAG position equity loss: ($-2.00)

WEEK'S TOTAL EQUITY: $1,493.55
Total Loss for Week: $ 34.10
(2.2 % weekly decrease)

I believe this calendar week could last a large 1 afterward seeing the cost reversals on Th of terminal week. “Once to a greater extent than into the breach, beloved friends, 1 time more....”

Joel Rensink
www.infiniteyield.com

PS: To have the FREE! trading rules for the Challenge ($499 value) too the semi-monthly newsletter nigh this challenge, transportation an electronic mail to: newsletter@infiniteyield.com too say me to which address you lot would similar it sent. Please create non role AOL, Hotmail or Yahoo addresses. They've been known to filter out to a greater extent than skilful post service than actual spam. Try a Gmail address. It's free, unproblematic too perfect for traders!

Komentar

Postingan populer dari blog ini

Can You Lot Actually Handgrip The Mode The Marketplace Volition Pay You Lot Off? Ifcn Wk 24 -Wed- Equity: $697.89

Post-Holiday Lurch Fails!- Ifcn Wk 25 -Tue- Equity: $693.25