Dollar Gets Stronger, Marketplace Set Turmoil All The Same Causes Losses!-- Ifcn Wk Xx -Fri- Equity: $743.53

The dollar gained quite a fighting this calendar week equally expected. Too bad our initial gains evaporated.

NOTE: I am getting a lot of bouncing emails from Yahoo addresses, as well as those similar to them. If you lot are non getting emails from:
The dollar gained quite a fighting this calendar week equally expected Dollar gets Stronger, Market Turmoil nevertheless causes losses!-- IFCN Wk 20 -Fri- Equity: $743.53
..., that is why.

Here is the recap of our trading week--

The information below is equally of Friday's close, Apr 25, 2008:

We had i OneNightStand merchandise executed on Friday. We went long Usd/Jpy @ 104.66 amongst a 100 pip halt at 103.66. It did non give-up the ghost hit, then nosotros volition larn out on Mon morning time @ 00:01 CST.

Start of calendar week equity: $ 747.51

Completed FirstStrike trades:
  • Eur/Usd: long @ 1.5883, stopped out @ 1.5823 for a lx pip loss.
  • Gbp/Jpy: brusque @ 206.91, exited Fri @ 207.00 for ix pip loss.
  • Gbp/Usd: brusque @ 1.9958, exited Fri @ 1.9815 for 143 pip profit.
  • Usd/Chf: brusque @ 1.0120, stopped out @ 1.0180 for a lx pip loss.
  • Usd/Jpy: brusque @ 103.31, stopped out @ 103.91 for a lx pip loss.
Total of 189 pips inward losses.
Total of 143 pips inward profits.
Net loss: 46 pips (Due to dissimilar pose sizes on the dissimilar pairs, the actual internet gain/loss this calendar week was simply about a wash.)

OneNightStand Exit(s) on 04/2108:
-None-
OneNightStand 04/25/08 entries:
Usd/Jpy: long @ 104.66 amongst stoploss @ 103.66. Since the merchandise was non stopped out on the twenty-four lx minutes stream of entry (Friday) it volition last exited for a turn a profit or loss Mon 00:01 CST. Current loss @ Fri close: 23 pips.

Total Unrealized Loss: $ 1.88
End of calendar week equity: $ 743.53 (includes unrealized P&L)
Total Loss for Week: $ 3.98 (.5% weekly decrease)

A pretty apartment week. It 's likewise bad that nosotros had such peachy profits at the commencement of the calendar week as well as gave upwards most of them. At to the lowest degree nosotros held the loss to less than a per centum for the week.

Here's to side past times side week.

Joel Rensink
www.infiniteyield.com

PS: To have the FREE! trading rules for the Challenge ($499 value) as well as the semi-monthly newsletter nearly this challenge, ship an e-mail to:
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