Dollar Slips Further! -- Ifcn Wk 53 –Fri- Equity: $1,843.90.
Friday was an interesting day. The major involvement was the activity inwards the Japanese yen.
Late Th I got a brusque FirstStrikePlus Gpb/Jpy trade. I wasn't peculiarly thrilled amongst that trade, too hence or now. The merchandise was a valid one, but it showed lilliputian followthrough afterwards entry.
I wasn't terribly nifty most getting whatsoever additional OneNightStand sells inwards either the Gpb/Jpy or Usd/Jpy, too I didn't. But belatedly Th nosotros saw tremendous a motility inwards the brusque Usd/Jpy. Some of y'all reported that y'all took only about profits on the downside bulge too I'm glad for you. I was managing hence many other trades at the fourth dimension of the Yen forcefulness that I didn't teach whatsoever additional profits.
There was ane OneNightStand merchandise taken, which looks fairly promising. The long Eur/Usd @ 1.3408 didn't teach stopped out too managed to rest inwards a relatively narrow arrive at until the goal of the day. Since nosotros were already long via FSP, this duet has the potential of beingness quite profitable yesteryear Monday's open.
The week's electrical flow FirstStrikePlus trades:
OneNightStand trades taken Friday:
*Long Eur/Usd @ 1.3408- to endure exited Mon 00:00 CST.
Trading work concern human relationship equity: $1,673.90
Silver rate equity: $170.00
(Current XAG price: $10.25 – 200 unit of measurement rate average: $9.40)
TOTAL Current Equity: $1,843.90.
Pretty practiced activity this week.. The dollar is indeed inaugural of all to demo weakness. With hence many factions long the dollar, it shouldn't accept much to teach a reaction/impulse motility inwards favor of other currencies.
See y'all Monday.
Joel Rensink
www.infiniteyield.com
PS: To have the FREE! trading rules for the Challenge ($499 value) too the semi-monthly newsletter most this challenge, shipping an electronic mail to: newsletter@infiniteyield.com too enjoin me to which address y'all 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 practiced post service than actual spam. Try a Gmail address. It's free, uncomplicated too perfect for traders!
Late Th I got a brusque FirstStrikePlus Gpb/Jpy trade. I wasn't peculiarly thrilled amongst that trade, too hence or now. The merchandise was a valid one, but it showed lilliputian followthrough afterwards entry.
I wasn't terribly nifty most getting whatsoever additional OneNightStand sells inwards either the Gpb/Jpy or Usd/Jpy, too I didn't. But belatedly Th nosotros saw tremendous a motility inwards the brusque Usd/Jpy. Some of y'all reported that y'all took only about profits on the downside bulge too I'm glad for you. I was managing hence many other trades at the fourth dimension of the Yen forcefulness that I didn't teach whatsoever additional profits.
There was ane OneNightStand merchandise taken, which looks fairly promising. The long Eur/Usd @ 1.3408 didn't teach stopped out too managed to rest inwards a relatively narrow arrive at until the goal of the day. Since nosotros were already long via FSP, this duet has the potential of beingness quite profitable yesteryear Monday's open.
The week's electrical flow FirstStrikePlus trades:
- eur/usd: Long @ 1.2859, halt 1.2739. Trade inwards progress.
- gbp/jpy: Short @133.04, halt 138.23. Trade inwards progress.
- gbp/usd: Long @ 1.5007, halt 1.4651. Trade inwards progress.
- usd/chf: Short @ 1.2090, halt 1.2221. Trade inwards progress.
- usd/jpy: Short @ 91.77, halt 93.26. Trade inwards progress.
OneNightStand trades taken Friday:
*Long Eur/Usd @ 1.3408- to endure exited Mon 00:00 CST.
Trading work concern human relationship equity: $1,673.90
Silver rate equity: $170.00
(Current XAG price: $10.25 – 200 unit of measurement rate average: $9.40)
TOTAL Current Equity: $1,843.90.
Pretty practiced activity this week.. The dollar is indeed inaugural of all to demo weakness. With hence many factions long the dollar, it shouldn't accept much to teach a reaction/impulse motility inwards favor of other currencies.
See y'all Monday.
Joel Rensink
www.infiniteyield.com
PS: To have the FREE! trading rules for the Challenge ($499 value) too the semi-monthly newsletter most this challenge, shipping an electronic mail to: newsletter@infiniteyield.com too enjoin me to which address y'all 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 practiced post service than actual spam. Try a Gmail address. It's free, uncomplicated too perfect for traders!
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