Dollar Rampages Euro, Swiss Too Yen On Derby Week!-- Ifcn Wk 21 -Fri- Equity: $711.60
Big Brown wins the Kentucky Derby!
In racing, similar trading, I proceed looking out for that novel Secretariat.
Today's was a slap-up race amongst a dominant horse, simply it was also bad that Eight Belles, the filly who came inwards 2nd had to hold out destroyed minutes subsequently the complete because it came upwards ruined.
I don't intend Big Brown is a Secretariat, simply at to the lowest degree he vanquish everyone today out of a huge champaign amongst fast horses!
On to our week.
After a choppy starting fourth dimension he dollar gained on the Euro, the Swiss as well as the Yen quite handsomely!
The residuum of the trading footing is recognizing what about of us who tin add together ii + ii bring been able to surmise weeks ago. If y'all bring incredible bad intelligence released daily nigh a currency as well as it doesn't autumn whatsoever more, mayhap its overdone...?
Just a personal comment, European intelligence agencies!
Here is the recap of our trading week--
The information below is every bit of Friday's close, May 2, 2008:
We had iii OneNightStand trades executed on Friday. Details follow below.
Start of calendar week equity: $ 743.53.
OneNightStand Exit(s) on 04/28/08:
Usd/Jpy: long @ 104.66 exited Mon morn @ 104.52 for a fourteen pip loss
Completed FirstStrike trades this week:
Total profits: 0 pips
Net loss: 330 pips.
OneNightStand 05/02/08 entries:
Current Profts of remaining trades @ Fri close: 110 pips.
Unrealized Profits: $ 7.88
End of calendar week equity: $711.60 (includes unrealized P&L)
Total Loss for Week: $ 31.93 (4.3% weekly decrease)
It was also bad nosotros got stopped out of the long Usd/Chf. That was the solely merchandise I idea genuinely had a lead a opportunity to brand something this week. Alas, it got stopped out also early!
Joel Rensink
www.infiniteyield.com
PS: To have the FREE! trading rules for the Challenge ($499 value) as well as the semi-monthly newsletter nigh this challenge, ship an e-mail to: newsletter@infiniteyield.com as well as say me to which address y'all would similar it sent. Please create non purpose AOL, Hotmail or Yahoo addresses. Nothing personal, simply they've been known to filter out to a greater extent than practiced ship service than actual spam. Try a Gmail address. It's free, uncomplicated as well as perfect for traders!
In racing, similar trading, I proceed looking out for that novel Secretariat.
Today's was a slap-up race amongst a dominant horse, simply it was also bad that Eight Belles, the filly who came inwards 2nd had to hold out destroyed minutes subsequently the complete because it came upwards ruined.
I don't intend Big Brown is a Secretariat, simply at to the lowest degree he vanquish everyone today out of a huge champaign amongst fast horses!
On to our week.
After a choppy starting fourth dimension he dollar gained on the Euro, the Swiss as well as the Yen quite handsomely!
The residuum of the trading footing is recognizing what about of us who tin add together ii + ii bring been able to surmise weeks ago. If y'all bring incredible bad intelligence released daily nigh a currency as well as it doesn't autumn whatsoever more, mayhap its overdone...?
Just a personal comment, European intelligence agencies!
Here is the recap of our trading week--
The information below is every bit of Friday's close, May 2, 2008:
We had iii OneNightStand trades executed on Friday. Details follow below.
Start of calendar week equity: $ 743.53.
OneNightStand Exit(s) on 04/28/08:
Usd/Jpy: long @ 104.66 exited Mon morn @ 104.52 for a fourteen pip loss
Completed FirstStrike trades this week:
- Eur/Usd: long @ 1.5693, stopped out @ 1.5633 for a lx pip loss.
- Gbp/Jpy: long @ 208.08, stopped out @ 207.18 for a ninety pip loss.
- Gbp/Usd: brusk @ 1.9787, stopped out @ 1.9847 for a lx pip loss.
- Usd/Chf: long@ 1.0388, stopped out @ 1.0328 for a lx pip loss.
- Usd/Jpy: short@ 104.02, stopped out @ 104.62 for a lx pip loss.
Total profits: 0 pips
Net loss: 330 pips.
OneNightStand 05/02/08 entries:
- Gbp/Jpy: long @ 209.02, stopped out @208.02 for 100 pip loss.
- Usd/Chf: long @ 1.0510, opened upwards profits 62 pips
- Usd/Jpy: long @ 104.91, opened upwards profits 48 pips
Current Profts of remaining trades @ Fri close: 110 pips.
Unrealized Profits: $ 7.88
End of calendar week equity: $711.60 (includes unrealized P&L)
Total Loss for Week: $ 31.93 (4.3% weekly decrease)
It was also bad nosotros got stopped out of the long Usd/Chf. That was the solely merchandise I idea genuinely had a lead a opportunity to brand something this week. Alas, it got stopped out also early!
Joel Rensink
www.infiniteyield.com
PS: To have the FREE! trading rules for the Challenge ($499 value) as well as the semi-monthly newsletter nigh this challenge, ship an e-mail to: newsletter@infiniteyield.com as well as say me to which address y'all would similar it sent. Please create non purpose AOL, Hotmail or Yahoo addresses. Nothing personal, simply they've been known to filter out to a greater extent than practiced ship service than actual spam. Try a Gmail address. It's free, uncomplicated as well as perfect for traders!
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