With this being a fairly large Holiday week (Thanksgiving-USA), very little action took place on Thursday.Friday, the Euro slid 200+ pip vs....
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Think and Prosper! -- IFCN Wk 51 �Wed- Equity: $1,675.49
Thinking is obviously not popular today. Just a glance at the world's financial climate makes that clear. Now, most people are rewarded...
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Should We Thank Mr. O. for the current Rally? -- IFCN Wk 51 �Tue- Equity: $1,686.78
Obama is being credited with the recent rally in the Stock market. It's been reported (admittedly by kooks) that he can cure cancer, m...
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Rally Anyone?-- IFCN Wk 51 �Mon- Equity: $1,493.55
It is amazing that we haven't had much of a drawdown since we made equity highs almost a month ago.This Monday morning we didn't get...
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Calm Week Preserves Capital!-- IFCN Wk 50 � Fri- Equity: $1,504.39
This was a turnaround day for many markets. Not many of the ones we were in - maybe XAG (silver). We have had so many apparent turnaround...
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�You thought I said what?�---H. Paulson- IFCN Wk 50 �Wed- Equity: $1,439.60
We got a few more FirstStrikePlus trades. For a short while this morning it looked like we were going to have a very good up-move in the Eu...
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Show us the Money?-- IFCN Wk 50 �Tue- Equity: $1,529.10
So--- we've all heard about the billions of dollars given to banks to improve liquidity and to ease the problems with getting money back...
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The Calm!-- IFCN Wk 50 �Mon- Equity: $1,479.31
The currency markets are in a self-imposed quagmire. That's fine.If they calm down enough, when they start moving again, the potential ...
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FirstStrikePlus- 5 Profits!-- IFCN Wk 50 �Mon- Equity: $1,527.65
I didn't feel the need to post very much last week. The negativity is so thick out there that you could cut it with a chainsaw. Highli...
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Dollar Resurgence Builds Profits!-- IFCN Wk 49 � Wed- Equity: $1,480.65
All the week's FirstStrike Plus trades are in positive territory. The trend week I was looking for showed up- just in the opposite dir...
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Rangebound Trade Continues-- IFCN Wk 49 � Tue- Equity: $1,530.10
There isn't a lot of activity going on in the currencies, other than ranging trade that develops after large moves like we've seen i...
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Positions Maintain Status Quo! -IFCN Wk 48 � Fri- $1,554.20
Another choppy week due to the forex markets trying to resume more normal volatility. There are potential profits from this week's curr...
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Currency Rally Fizzles! IFCN Wk 48 � Thu- Equity: $1,585.43
After the brief rally in the currencies, they turned around and now the FirstStrike positions put on early in the week-- 3 which didn't ...
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Currency Rally Continues! IFCN Wk 48 � Wed- Equity: $1,643.66.
After the push upwards yesterday, most currencies (except JPY) are gaining on the dollar. Suits me. Apparently with the election going in ...
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Dollar weakens Dramatically! IFCN Wk 48 � Tue- Equity: $1,577.92.
It's nice to see the Eur/Usd,the Gbp/Usd and Gbp/Jpy go higher-- even if FSP trades this week are positioned the wrong way. Not that I l...
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FirstStrikePlus Reversal Protocol-- IFCN Wk 48 � Mon- $1,563.21
We're getting trades, just not very profitable ones. But then again, our exits of last week haven't been too bad and the FirstStrik...
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Pretty Good Week! -IFCN Wk 47 � Fri- $1,558.01
Not too bad! I thought a number of times that this week might not be so good, but finally the XAG (silver) position helped push up the week...
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