Thursday, January 3, 2008

Week 4 - Thu- Current Equity: $569.19

I finally did get stopped out of the EUD/USD for a 60 pip loss.

A total of 5 FirstStrike trades and 5 losses.

That is the way trading works some weeks.

And, probably no correlation at all, but losses are losses; I had a flat tire today because of below zero weather..., and running on it a short distance to a safe get-off spot destroyed the tire. Had to buy 2 of them to balance them out. I hate those “donut” tires they put in cars these days....

We have the potential of a couple of short trades on OneNightStand for tomorrow- possible short in GBP/USD and possible short in GBP/JPY.

I'll send the particulars to the newsletter subscribers tonight around 12:00 midnight.

Current equity stands at $569.19.

We'll recap tomorrow.

Joel Rensink

PS: To receive the FREE! trading rules for the Infiniteyield Forex Challenge ($499 value) and the semi-monthly newsletter about this challenge, send an email to: and tell me which address you would like it sent to.

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