Successful Week buying the Dollar!--IFCN Wk 27 -Fri- Equity: $785.05

Four OneNightStand trades (listed below) were executed on Friday. None were stopped out on Friday, so they all have been held over for exit early Monday morning right after midnight.

Three FirstStrike trades were exited Friday just before 15:00 CST.

Here's this week's recap:

The data below is as of Friday's close, June 13, 2008:

Start of week equity: $709.31

OneNightStand Exit(s) on 06/09/08:
None

Completed FirstStrike trades this week:

• Eur/Usd: long @ 1.5830, stopped out at 1.5770 for a 60 pip loss.
  
• Eur/Usd: short @ 1.5730, exited Friday @ 1.5353 for 377 pips profit.
  
• Gbp/Jpy: long @ 208.18, exited Friday @ 210.71 for 253 pips profit.
  
• Gbp/Usd: long @ 1.9742, stopped out at 1.9682 for a 60 pip loss.
  
• Gbp/Usd: short @ 1.9642, stopped out at 1.9642 for a breakeven trade.
  
• Usd/Chf: short @ 1.0160, stopped out at 1.0220 for a 60 pip loss.
  
• Usd/Jpy: long @ 105.83, exited Friday @ 108.19 for 236 pips profit.
  

Total losses: 180 pips
Total profits: 866 pips
Net profits: 686 pips

OneNightStand 06/13/08 entry(s):
-Eur/Usd: short @ 1.5365
-Gbp/Jpy: long @ 210.76
-Gbp/Usd: short @ 1.9433
-Usd/Jpy: long @ 108.10

Unrealized Profits: $2.25
End of week equity: $785.05 (includes unrealized P&L)
Total Gain for Week: $75.74 (10.6% weekly increase)

This was a good week. The FirstStrike trades worked very well.

See you next week.

Joel Rensink
www.infiniteyield.com

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