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Archive for December 2008
Surprise!

Surprise!

December 21, 2008 Add Comment
I didn't mean to be gone so long....I got the chance to take a break, and took it. (Or, to use Mark Twain's line, "The rumors...
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What goes Up...,

What goes Up...,

December 18, 2008 Add Comment
Up, up, up, down, down, down....I am impressed with all the movement in the forex markets. And pretty tired. But happy.I've had some go...
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Wow #2!  Up 17.7% this week alone!  -  Readers respond-- IFCN Wk 54 �Wed- Equity: $2,269.50

Wow #2! Up 17.7% this week alone! - Readers respond-- IFCN Wk 54 �Wed- Equity: $2,269.50

December 17, 2008 Add Comment
I believe that I get some of the more interesting emails any trader could receive.The people who read this blog are not average. Most have...
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---Wow!--- Up 10.9% in One Day! � IFCN Wk 54 �Tue- Equity: $2,185.61

---Wow!--- Up 10.9% in One Day! � IFCN Wk 54 �Tue- Equity: $2,185.61

December 16, 2008 Add Comment
Wow!That's all one can say after a day like today. After the Fed news came out this afternoon, markets bolted higher, from currencies t...
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Is the Dollar the New Yen? -- IFCN Wk 54 �Mon- Equity: $1,970.53

Is the Dollar the New Yen? -- IFCN Wk 54 �Mon- Equity: $1,970.53

December 15, 2008 Add Comment
The euro traded near 9 week highs against the dollar on the belief that the Federal Reserve will cut the target rate for overnight lending t...
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Dollar Weakness Forces Higher Profits! - IFCN Wk 54 �Mon- Equity: $1,928.48

Dollar Weakness Forces Higher Profits! - IFCN Wk 54 �Mon- Equity: $1,928.48

December 15, 2008 Add Comment
The dollar is beginning to lose the steam of �fear� buying. Last week's FirstStrikePlus and OneNightStand trades were profitable becaus...
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Dollar Slips Further! -- IFCN Wk 53 �Fri- Equity: $1,843.90.

Dollar Slips Further! -- IFCN Wk 53 �Fri- Equity: $1,843.90.

December 14, 2008 Add Comment
Friday was an interesting day. The major interest was the action in the Japanese yen.Late Thursday I got a short FirstStrikePlus Gpb/Jpy tr...
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Character Counts! -- IFCN Wk 53 �Thu- Equity:  $1,851.14.

Character Counts! -- IFCN Wk 53 �Thu- Equity: $1,851.14.

December 11, 2008 Add Comment
-A Favorite Quote-J.P. Morgan: "Lending is not based primarily on money or property. No sir, the first thing is character."Too ba...
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Dollar Weakens FSP Responds! -- IFCN Wk 53 �Wed- Equity: $1,767.89.

Dollar Weakens FSP Responds! -- IFCN Wk 53 �Wed- Equity: $1,767.89.

December 10, 2008 Add Comment
New equity watermark today! $1.767.89. That is a 253.5% increase in the last 53 weeks. At the very least-- better than T-Bills.Any idea ...
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Transition Week Returns Profits! -- IFCN Wk 53 �Mon- Equity: $1,623.81.

Transition Week Returns Profits! -- IFCN Wk 53 �Mon- Equity: $1,623.81.

December 08, 2008 Add Comment
After the �terrible� employment news on Friday, currencies started gaining on the dollar, along with XAG and XAU (silver and gold). That he...
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Traders Respond #2-- IFCN Wk 52 �Fri- Equity: $1,597.81

Traders Respond #2-- IFCN Wk 52 �Fri- Equity: $1,597.81

December 07, 2008 Add Comment
I'm posting some more of your emails-- readers and successful traders who were willing to share your experiences.Your responses are valu...
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Traders Respond #1-- IFCN Wk 52 �Thu- Equity: $1,600.25

Traders Respond #1-- IFCN Wk 52 �Thu- Equity: $1,600.25

December 04, 2008 Add Comment
I got a plethora of emails from intelligent and brave traders who were willing to share their experiences.I will share a few in this post an...
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FirstStrike Plus Is on a Roll! -- IFCN Wk 52 �Wed- Equity: $1,568.34

FirstStrike Plus Is on a Roll! -- IFCN Wk 52 �Wed- Equity: $1,568.34

December 03, 2008 Add Comment
As the currencies have little strength this week, the short Sterling, and Sterling/Yen trades are doing quite well. Amazingly the short Usd...
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The Trend..., Is! -- IFCN Wk 52 �Tue- Equity: $1,549.88.

The Trend..., Is! -- IFCN Wk 52 �Tue- Equity: $1,549.88.

December 02, 2008 Add Comment
After Monday's opening and the taking of a couple of profits from Sterling dominated trades � the Pound promptly started falling decisiv...
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Challenge Account- 226.3 % Gain after 1 Year! -- IFCN Wk 52 �Mon- Equity: $1,631.75

Challenge Account- 226.3 % Gain after 1 Year! -- IFCN Wk 52 �Mon- Equity: $1,631.75

December 02, 2008 Add Comment
Some would be beating their chests after a great return like I experienced with the Infiniteyield Forex Challenge account this past year. I...
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      • Surprise!
      • What goes Up...,
      • Wow #2! Up 17.7% this week alone! - Readers res...
      • ---Wow!--- Up 10.9% in One Day! � IFCN Wk 54 �Tue-...
      • Is the Dollar the New Yen? -- IFCN Wk 54 �Mon- Equ...
      • Dollar Weakness Forces Higher Profits! - IFCN Wk 5...
      • Dollar Slips Further! -- IFCN Wk 53 �Fri- Equity: ...
      • Character Counts! -- IFCN Wk 53 �Thu- Equity: $1,...
      • Dollar Weakens FSP Responds! -- IFCN Wk 53 �Wed- E...
      • Transition Week Returns Profits! -- IFCN Wk 53 �Mo...
      • Traders Respond #2-- IFCN Wk 52 �Fri- Equity: $1,5...
      • Traders Respond #1-- IFCN Wk 52 �Thu- Equity: $1,6...
      • FirstStrike Plus Is on a Roll! -- IFCN Wk 52 �Wed-...
      • The Trend..., Is! -- IFCN Wk 52 �Tue- Equity: $1,5...
      • Challenge Account- 226.3 % Gain after 1 Year! -- I...
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