Week V - Fri- Electrical Flow Equity: $522.80

Hi everyone:

This seemed similar a real long calendar week for some reason.

There was sure as shooting volatility inwards the markets. Much to a greater extent than of it inwards the non-forex markets, but it had its choppy moves too.  Obviously.

I conk on hearing from fund traders almost the stock marketplace (and the stock futures arm, the indexes) as well as how vehement it has been to the downside. And those of us inwards the commodity sectors convey been guardedly enjoying some upmoves inwards corn as well as wheat as well as beans. And gilded as well as silver. Nothing lasts forever, as well as that definitely goes double for grain moves. And the metals.

The 1 affair for sure almost marketplace moves, is they ever become only a chip further than y'all would ever expect.

I'm looking for some non bad moves inwards forex pretty shortly now.

This concluding calendar week in the Forex Challenge was virtually the same number every bit the previous week, only amongst bigger positional losses, due to placing of  larger size afterwards the vacation weeks. I had v FirstStrike losses as well as and the 2 sells on ONS on Fri were on the same pairs every bit the previous calendar week amongst the same results- 2 stopped out trades on the twenty-four hr menstruation of entry. So no ONS exits on Mon morning.

A complaint almost ONS (OneNightStand). We convey had 2 losses on the real same pairs-- 2 weeks inwards a row. This tin start to order y'all a piffling insight on what is going on inwards these markets internally. Especially when y'all know the normal win charge per unit of measurement of the system. Maybe the momentum of these pairs to the downside is showtime to subside. Just something to intend about.

On to what happened officially this week-

Alpha trouble concern human relationship trading recap:
Start of calendar week equity: $ 563.75

Completed FirstStrike trades:

EUR/USD: SELL 1.4681, halt 1.4741. -stopped out lx pips loss
GBP/USD: SELL 1.9657, halt 1.9717. -stopped out lx pips loss
USD/JPY: BUY 109.49, halt 108.89. -stopped out lx pips loss
USD/CHF: BUY 1.1147, halt 1.1087. -stopped out lx pips loss
GBP/JPY: BUY 215.29, halt 214.69. -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 01/07/08 :
-None-
OneNightStand 01/11/08 entries:
Short GBP/JPY @ 213.06, halt 213.61. -stopped out for 55 pip loss
Short GBP/USD @ 1.9540, halt 1.9595. -stopped out for 55 pip loss
Total losses: 110 pips
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End of calendar week equity: $ 522.80 (includes unrealized P&L)
Total Gain on Week: $ (40.95)(7.5% 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 almost this challenge, shipping an e-mail to: newsletter@infiniteyield.com as well as order me to which address y'all would similar it sent.