End of Week Recap -- IFCN Wk 10 -Fri- Equity: $508.87

This was a simple week, I got 5 FirstStrike trades that got stopped out quickly.

Perhaps next week will be more interesting.

This week's Alpha account trading recap:
Start of week equity: $524.38

Completed FirstStrike trades:

EUR/USD: Short @ 1.4504, -stopped out 60 pips loss
GBP/JPY: Short @ 208.05, -stopped out 60 pips loss
GBP/USD: Short @ 1.9422, -stopped out 60 pips loss
USD/CHF: Long @ 1.1043, -stopped out 60 pips loss
USD/JPY: Short @ 106.59, -stopped out 60 pips loss

Total of 300 pips in losses.
Total of 0 pips in profits.
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Extra USD/CHF range breakout trade- Went long USD/CHF @1.1042 and exited @ 1.1102
Total of 60 pips in profits.
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OneNightStand Exit(s) on 02/11/07 :
-None-
OneNightStand 02/15/08 entries:
-None-
Total losses: (0 pips)
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End of week equity: $ 508.87 (includes unrealized P&L)
Total Gain on Week: $(-15.51) (2.95% decrease)
Unrealized P&L: $ 00.00

See you Monday!

Joel Rensink
www.infiniteyield.com

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: newsletter@infiniteyield.com and tell me which address you would like it sent.