Forex Challenge: Novel Equity Highs Again- Upward 12% For The Week!!! -Week's Recap -- Ifcn Wk Fifteen -Thu- Equity: $661.17
A pretty decent trading week. Despite high volatility in addition to getting stopped out of most of our trades, it turned out to endure a skillful week.
This is the means skillful trading actually works. Taking coin from Peter to pay Paul most weeks. Then you lot guide maintain a bully calendar week when you lot guide maintain coin from everyone else.
I would endure thrilled alongside a calendar week similar this every week.
Silver in addition to gilt dropped again. Silver has dropped to a greater extent than than $4.50/ounce inwards the concluding four days. The metals are definitely experiencing a correction, only it is best to await until the volatility gets a flake less earlier you lot purchase into them.
You guide maintain a long weekend to larn to a greater extent than or less remainder in addition to maybe ponder what is “really” going on inwards the fiscal globe in addition to how you lot volition guide maintain payoff of it. I know I'll endure doing it.
On to a recap of our trading week--
The information below is equally of Thursday's close, March 20, 2008:
This week's Alpha concern human relationship trading recap:
Start of calendar week equity: $ 587.34
Completed FirstStrike trades:
Total of 683 pips inwards profits.
Net gain: 503 pips inwards profits.
-----
OneNightStand Exit(s) on 03/17/08:
Exited brusk Usd/Chf -Sold @1.0045, leave of absence .9741 for full of 304 pip profit
OneNightStand 03/21/08 entries:
None- Markets unopen for Easter Holiday observance.
-----
Unrealized P&L: $ 0.00
End of calendar week equity: $ 661.17 (includes unrealized P&L)
Total Gain on Week: $ 73.83 (12.5% weekly increase)
See you lot Monday, if non before!
Joel Rensink
www.infiniteyield.com
PS: To have the FREE! trading rules for the Challenge ($499 value) in addition to the semi-monthly newsletter nearly this challenge, transportation an e-mail to: newsletter@infiniteyield.com and enjoin me to which address you lot would similar it sent. ---Please create non role AOL or Yahoo addresses--- Nothing personal, only they've been known to filter out to a greater extent than skillful postal service than actual spam, in addition to they're real random nearly it. Try a Gmail address. It's free, elementary in addition to perfect for traders!
This is the means skillful trading actually works. Taking coin from Peter to pay Paul most weeks. Then you lot guide maintain a bully calendar week when you lot guide maintain coin from everyone else.
I would endure thrilled alongside a calendar week similar this every week.
Silver in addition to gilt dropped again. Silver has dropped to a greater extent than than $4.50/ounce inwards the concluding four days. The metals are definitely experiencing a correction, only it is best to await until the volatility gets a flake less earlier you lot purchase into them.
You guide maintain a long weekend to larn to a greater extent than or less remainder in addition to maybe ponder what is “really” going on inwards the fiscal globe in addition to how you lot volition guide maintain payoff of it. I know I'll endure doing it.
On to a recap of our trading week--
The information below is equally of Thursday's close, March 20, 2008:
This week's Alpha concern human relationship trading recap:
Start of calendar week equity: $ 587.34
Completed FirstStrike trades:
- Eur/Usd: Sold @ 1.5792, exited @ 1.5416 for a 376 pip profit
- Gbp/Jpy: Sold @ 194.95, stopped out @ 195.55 for a sixty pip loss
- Gbp/Usd: Bought @ 2.0198, stopped out @ 2.0138 for a 60 pip loss
- Gbp/Usd: Sold @ 2.0098, stopped out @ 2.0097 for a 1 pip profit (error trade)
- Usd/Chf: Bought @ .9811, exited @ 1.0116 for a 305 pip profit
- Usd/Jpy: Bought @ 97.58, stopped out @ 96.98 for a 60 pip loss
Total of 683 pips inwards profits.
Net gain: 503 pips inwards profits.
-----
OneNightStand Exit(s) on 03/17/08:
Exited brusk Usd/Chf -Sold @1.0045, leave of absence .9741 for full of 304 pip profit
OneNightStand 03/21/08 entries:
None- Markets unopen for Easter Holiday observance.
-----
Unrealized P&L: $ 0.00
End of calendar week equity: $ 661.17 (includes unrealized P&L)
Total Gain on Week: $ 73.83 (12.5% weekly increase)
See you lot Monday, if non before!
Joel Rensink
www.infiniteyield.com
PS: To have the FREE! trading rules for the Challenge ($499 value) in addition to the semi-monthly newsletter nearly this challenge, transportation an e-mail to: newsletter@infiniteyield.com and enjoin me to which address you lot would similar it sent. ---Please create non role AOL or Yahoo addresses--- Nothing personal, only they've been known to filter out to a greater extent than skillful postal service than actual spam, in addition to they're real random nearly it. Try a Gmail address. It's free, elementary in addition to perfect for traders!
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