FX Nation Live Weekly Recap +295 Pips

Having trouble viewing this? Check out the online version. Weekly Recap Week of October 8th, 2007 October Daily Video Trade Results This Week: 4/4 (100%) +295 Pips MTD:  11/12 (92%) +689 Pips   We have closed out the core position offsetting the realized gains. We have a revised strategy that will be implemented immediately in the managed accounts. All managed account holders will receive the details on the revised strategy via email. Trading will now reflect more of the style shown on FX Nation Live's Daily Video Commentary. Here is a recap of the Daily Video Commentary which you can get for free each day on FX Nation Live: We had another huge week without taking many trades as we went 4 for 4 and +295 pips. Here are this week's blog comments from real traders following our system: lou Says: October 11th, 2007 at 12:25 pm e OK, the retest on JPY was pretty lame... no volume with a high to 117.74. So I've taken the plunge, stops set. Scaling out with both PT's set one at 117.40 the other 117.00 delz1100 Says: October 11th, 2007 at 12:50 pm e i just gone short on usd\jpy as dc said so this should be fun! delz1100 Says: October 11th, 2007 at 1:38 pm e randell i took my short on usd\jpy at 117.77 hoping tis gunna p\t at 117.00-40 region just following dc's tips Tim J.-P. Says: October 11th, 2007 at 2:21 pm e HOly cow jpy Medico Says: October 11th, 2007 at 3:53 pm e DC thanx and God bless. I just made 69 pips on usdjpy lou Says: October 11th, 2007 at 3:57 pm e I appreciate that very much DC. I actually really made some bad moves and ironically it has been a great lesson and motivator. I've cut back on trade size and it really works. I'm much more comfortable. Hi DC, Today's trade? JPY, yes...thanks for that one DC. I split my position in half. Opened both at 117.70 as it turned out. Set stops at 118.20. Set profit target on one for 117.40, it hit! Second one for 117.00...well, it held exactly at 117.00 bid twice, so I closed at 117.09. I hope you don't plan on retiring any time soon DC. Thanks again, lou (LOUIS O) golferfx Says: October 11th, 2007 at 4:36 pm e Patience is a virtue........ SLAMMED the yen short at 117.77....out at 117.12!!! Nice little 65 pip trade my friends....waited a long time for this one...just like fishing. Love you DC! delz1100 Says: October 11th, 2007 at 4:37 pm e i was in at usd\jpy i made $400 lol! what is going on with this site??? im making incredinle amounts of money??? this is not right, its like i have a license to print money or sumin? good luck everyone im done for today gunna go now and think what to buy with my money lol! golferfx Says: October 11th, 2007 at 4:42 pm e need my glasses when I type....short at 117.74......out at 117.12!!!! 62 pips.....not too bad! Lateef Says: October 11th, 2007 at 4:44 pm e Hi DC, Indeed this is service to humanity, like Iou I do not think you shld be thinking of going on retirement soon. Let these guys mature as SHARK atleast. Every forex systems I have stumbled at are tied to their inventor. This your system gives we small guys a future in our hands, it makes us independent, comfortable and confident. Everyday training you give in Daily Training room is always a revelation to me, it makes me wonder how come a price tag of a little less $100. I still cant immagine how and what reason you are doing this. DC, I am grateful for each day you give me. Indeed I am. Thank you DC for all,may God bless you. Tim J.-P. Says: October 11th, 2007 at 5:45 pm e USD/JPY has hit 117.00000 to the Pip! DC, you scare the crap out of me! You must be the one pulling the strings behind that whole FOREX thing. golferfx Says: October 12th, 2007 at 9:12 am e Another sweet day...patience,patience,patience....in GBP at 2.0267 and still riding high with $870 in my pocket. We are all blessed to have found DC!! You da man DC! golferfx Says: October 12th, 2007 at 9:25 am e Just closed out my GBP at 2.0354 for a nice 87 pips!!!!! $870 BUCKS!! Gotta go now....tee time awaits me Lateef Says: October 12th, 2007 at 9:32 am e 64pips on the 1st profit target @ 2.0450. Still hold 2nd position davydnew Says: October 12th, 2007 at 11:41 am e joan, i am knew to this market but i can assure you that there is money to be made, you just need the right tools and dc provides them at a very low cost, i have spent 1000,s on fx this is the best i have ever seen, $99 a month and a $2500 a/c to get all dc's proprietry signals is a steal nothing else even gets close. davydnew Says: October 12th, 2007 at 11:55 am e my target, on a very small starting capital is $1000 a week and i can see that this is feasible, i took 188 pips on gbp earlier this week and 50 today, ignoring my couple of rushes of blood to ther head i really did not need any other trades to achieve my target, but then i have been a compulsive trader, and i must learn to only trade when the set up is right, have a couple of orders in now, but do not expect them to be hit Brando Says: October 13th, 2007 at 5:01 am e Just a short message to DC.,,,,many many thanks! You have cleared "the wood from the trees". I have over the past 20 days turned $1000 into $10,000. Thanks to you and your FX Nation site. I don't contribute to the daily goings-on, but read each and every day. Fascinating stuff. As a side note I have traded for awhile, but only really broke even...your methods and tutoring have shown me my errors and now I can finally piece it all together and hopefully go on from here. Thanks once again DC power to the FX Nation!!! Want to learn how to profit like this? 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 10/09/2007 EUR/USD Long 1.4015 1.4100   +85 10/09/2007 GBP/USD Long 2.0270 2.0380   +110 10/11/2007 USD/JPY Short 117.75 117.00   +75 10/12/2007 USD/CHF Short 118.75 118.50   +25                                                         TOTAL PROFIT +295 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   Weekly Trade Idea This Week: The EUR/USD re-tested 1.4030 coming to a low of 1.4037 before heading up to a high of 1.4241 for 204 pips. We will look for new long positions at the same support level of 1.4000-30. Last Week: Wow, this stuff really works, lol. The EUR/USD came down to a low of guess where? That's right, 1.4033 where the monthly and weekly pivots were sitting (to the pip) during the non farm payroll report. It bounced from there closing 100 pips higher at 1.4134. Now, we can look for long positions if it re-tests the 1.4030 level with little sell pressure into that area. 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.  Risk Disclosure Unique experiences and past performances do not guarantee future results! Testimonials herein are unsolicited and are non-representative of all clients; certain accounts may have worse performance than that indicated. Trading stocks, futures, options and spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss.  U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Forex, Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. 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Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Don't trade with money you can't afford to lose. Nothing in our course or website shall be deemed a solicitation or an offer to Buy/sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of futures results. Trading involves high risks and you can lose a lot of money.