FX Nation Live Weekly Recap +134 Pips...November Finals +639 Pips

Having trouble viewing this? Check out the online version. Weekly Recap Week of November 26th, 2007 November Daily Video Trade Results This Week: 3/5 (60%) +134 Pips MTD:  12/19 (63%) +639 Pips     Here is a recap of the Daily Video Commentary which you can get for free each day on FX Nation Live: We finished November strong adding 134 pips this week to the total. November went 12/19 (63%) and +639 pips. Here are comments from actual members this week: Emerson Says: November 27th, 2007 at 8:18 am e Got 47 pips in EUR/USD and 51 pips in USD/JPY Thanks DC james Says: November 27th, 2007 at 8:20 am e I am currently in profit for EUR USD. 48 pips. wondering if I should be alittle more greedy. But thank DC for such beautiful setup Simon Says: November 27th, 2007 at 8:23 am e EUR just shot through the roof. As always just wish I had of taken a larger lot. Nice work DC. Still on the JPY too. Thanks Tom Says: November 27th, 2007 at 8:25 am e I made 58 pips on EUR and out! Thanks DC!!! james Says: November 27th, 2007 at 8:54 am e sweet. Just closed my EUR USD. solid 60 pips profit! Thanks DC! golferfx Says: November 27th, 2007 at 3:23 pm e DC...you da man!!!! francis Says: November 30th, 2007 at 7:47 am Hi DC, Thank you very much. i have consistently been making 50 to 70 pips daily since being a member 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 11/27/2007 USD/JPY Short 108.30 107.76   +54 11/27/2007 EUR/USD Long 1.4820 1.4880   +60 11/28/2007 EUR/USD Long 1.4816 - - (20) 11/30/2007 GBP/USD Long 2.0605 2.0665   +60 11/30/2007 USD/JPY Short 110.40 - - (20)                                           TOTAL PROFIT +134 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 12/7/07 Non-Farm Payrolls 08:30 EST Weekly Trade Idea This Week: 1.4820 held on the 26th as it went to a low of 1.4806 before heading to a high of 1.4908. The rest of the week was down as it retraced near the next major support level of 1.4650 which is the R1 monthly pivot. We should be able to catch a new long position from this support area. Last Week: The EUR/USD did rally from the 1.4650 area only going about 28 pips lower to 1.4622 before heading up to a high of 1.4967. Currently, the pair is trading around the R2 monthly pivot at 1.4820 and that may hold as support if the EUR/USD wants to head even higher in the direction of the overall uptrend. 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. 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