-- Ifcn Wk Nineteen -Fri- Equity: $747.51

All the intelligence released this calendar week tends to dot that at that spot is a lot of demand for dollar denominated products manufactured inwards America together with its possessions. The export blast that USA manufacturers are enjoying is continuing at a greater footstep for companies similar Caterpillar Inc., Terex Corp, together with the U.S. unit of measurement of Siemens Corp.

Don't live surprised if the dollar gains a picayune clitoris inwards the nigh future.

Here is the recap of our trading week--

The information below is equally of Friday's close, Apr 18, 2008:

We had no OneNightStand trades executed on Friday.

Start of calendar week equity: $ 759.67

Completed FirstStrike trades:
  • Eur/Usd: long @ 1.5757, exited Fri @ 1.5807 for l pip profit.
  • Gbp/Jpy: brusk @ 198.19, stopped out @ 199.09 for a ninety pip loss.
  • Gbp/Usd: long @ 1.9764, stopped out @ 1.9704 for a lx pip loss.
  • Usd/Chf: brusk @ .9987, stopped out @ 1.0047 for a lx pip loss.
  • Usd/Jpy: brusk @ 100.41, stopped out @ 101.01 for a lx pip loss.
Total of 270 pips inwards losses.
Total of l pips inwards profits.
Net loss: 220 pips

OneNightStand Exit(s) on 04/14/08:
-None-
OneNightStand 04/18/08 entries:
-None-

Unrealized P&L: $ 0.00
End of calendar week equity: $ 747.51 (includes unrealized P&L)
Total Loss on Week: $ 12.16 (1.6% weekly decrease)

Another moderate losing week. These drawdowns appear to final awhile when you lot are enduring them.

We volition endure.

Joel Rensink
www.infiniteyield.com

PS: To have the FREE! trading rules for the Challenge ($499 value) together with the semi-monthly newsletter nearly this challenge, ship an electronic mail to:
newsletter@infiniteyield.com together with order me to which address you lot would similar it sent. Please create non purpose AOL or Yahoo addresses. Nothing personal, only they've been known to filter out to a greater extent than proficient postal service than actual spam. Try a Gmail address. It's free, unproblematic together with perfect for traders!

Komentar