Week Four - Fri- Electrical Flow Equity: $563.75

Hi everyone:

This calendar week was the outset of a long year, 1 that should hold upwards rattling exciting for the watchers of the Challenge.

The dollar is beingness buffeted as well as is charging dorsum as well as forth energetically plenty to exam only virtually whatever trader's mettle. This activity inevitably turns into trending activity as well as nosotros shall endeavour to brand the best of it when it comes.

We got to start off the twelvemonth amongst vii consecutive losses. From such a start, it tin entirely larn better. It was proficient that our grade size was reduced due to vacation issues. Next calendar week volition hold upwards total grade sizing again.

On to what happened this week-

Alpha concern human relationship trading recap:
Start of calendar week equity: $ 580.41

Completed FirstStrike trades:

EUR/USD: SELL 1.4694, halt 1.4754. -stopped out lx pips loss
GBP/USD: BUY 2.0027, halt 1.9967. -stopped out lx pips loss
USD/JPY: SELL 111.47, halt 112.07. -stopped out lx pips loss
USD/CHF: BUY 1.1279, halt 1.1219. -stopped out lx pips loss
GBP/JPY: BUY 224.17, halt 223.57. -stopped out lx pips loss
Total of 300 pips inwards losses
Total of 0 pips inwards profits
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OneNightStand Exit(s) on 12/31/07 :
-None-
OneNightStand 01/04/08 entries:
Short GBP/JPY @ 213.59, halt 214.14.-stopped out for 55 pip loss
Short GBP/USD @ 1.9704, halt 1.9759.-stopped out for 55 pip loss
Total losses: 110 pips
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End of calendar week equity: $ 563.75 (includes unrealized P&L)
Total Gain on Week: $ (16.66)(3% decrease)
Unrealized P&L: $ 00.00

See y'all Monday!
Best wishes on your novel year!

Joel Rensink
www.infiniteyield.com

PS: To have the FREE! trading rules for the Challenge ($499 value) as well as the semi-monthly newsletter virtually this challenge, ship an electronic mail to: newsletter@infiniteyield.com as well as country me to which address y'all would similar it sent.


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