Weekly Recap Week of September 24th, 2007 September Daily Video Trade Results MTD: 19/21 (91%) +927 Pips The core position on the managed accounts is currently down about 19% and we have realized profits around 3% for the month. Here is a recap of the Daily Video Commentary which you can get for free each day on FX Nation Live: We went 3/3 this week for +203 pips. This brings September's final profit to +927 pips. Here is another testimonial, +61 pips in one day from using our daily training: From: Louis O Sent: Wednesday, September 26, 2007 8:31 PM To: members@fxnationlive.com Cc: FX Nation Live Subject: Today's trade results I'm passing this on to you for the sake of those folks who are looking for the real deal. Your service is first rate. Your ability is remarkable and you're a natural as a teacher. I feel quite privileged to have found your service and I'm happy to recommend this service to anyone interested in raking in the profits!!! I look forward to the daily setups each day and the follow-up live training sessions. Now I can't wait to hit the trading desk. The difference is I have a plan.... trade with DC! Great setups today!! Here's the proof!! 61 pips!! I've exceeded my weekly goal in ONE DAY!! and have learned so much since subscribing to your service. A/C No: | Name: | | 2007 September 26, 23:59 | Closed Transactions: | Ticket | Open Time | Type | Lots | Item | Price | S / L | T / P | Close Time | Price | Commission | R/O Swap | Trade P/L | 2063707524 | 2007.09.26 14:05 | buy | 1.50 | gbpusd | 2.0110 | 2.0110 | 2.0187 | 2007.09.26 14:42 | 2.0168 | 0.00 | 0.00 | 870.00 | 2063709435 | 2007.09.26 16:51 | sell | 1.50 | usdjpy | 115.40 | 115.60 | 115.07 | 2007.09.26 17:01 | 115.60 | 0.00 | 0.00 | -259.52 | 2063710350 | 2007.09.26 18:13 | sell | 1.50 | usdjpy | 115.66 | 115.85 | 115.09 | 2007.09.26 20:55 | 115.43 | 0.00 | 0.00 | 298.88 | | 0.00 | 0.00 | 909.36 | Deposit/Withdrawal: 0.00 | Credit Facility: 0.00 | Closed Trade P/L: | 909.36 | | There are a few spots left in our daily training at: http://www.fxnationlive.com/education/daily_training.php Here were the trades | Date | Pair | Pos | Entry | P/T | P/T | P/L | | 9/25/2007 | GBP/USD | Long | 2.0100 | 2.0160 | - | +60 | | 9/26/2007 | GBP/USD | Long | 2.0105 | 2.0160 | 2.0185 | +68 | | 9/27/2007 | USD/JPY | Short | 115.75 | 115.00 | - | +75 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | TOTAL PROFIT +203 Pips *On trades with multiple profit targets, we are moving our stop to the entry price once the first profit target is hit. The total pip gain on a trade with multiple profit targets is the overall blended gain after scaling out of the position at each profit target. For example, a gain of 1.2000 to 1.2050 on a long would be +50 pips, but if we got out 1/2 at 1.2050 and 1/2 at 1.2100, it would not be a full 100 pip gain (from 1.2000 to 1.2100) but a blended gain of 75 pips. All of these trade set ups were available to FX Nation Live members well in advance of the market moves via video and our community blog. It's not surprising FX Nation Live is the #1 Forex website out there, not only do we provide profitable trade set ups, but it's all FREE!!! Tune in for the next free video at: http://www.fxnationlive.com/members/blog/ I look forward to chatting with you next week. -DC Bonta Economic Calendar Oct 5 08:30 AM Non-Farm Payrolls Weekly Trade Idea This Week: Another huge move in the EUR/USD as we called for a long back into support levels. It only went about 25 pips below the monthly R2 pivot down at a low of 1.4068 before reaching new highs again at 1.4278. Over 200 Pips!!!! Now, we would like to see price come back to 1.4000-30 before taking a new long position. The new monthly main pivot will be at 1.4032 and the weekly S1 is at 1.4130. There is also a weekly S2 at 1.3994 backing that level up. Last Week: What a profitable week you had if you just went long based on our suggestion as the EUR/USD only dropped 22 pips from our 1.3850 level to a swing low of 1.3822 before blasting up to a high of 1.4120 which was a 298 pip move straight up. I would not go short against this pair, look for longs back down at support levels. If you would like more information on our trading please visit: http://www.fxnationlive.com Strategy of the week Disclaimer: The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions. |
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