FX Nation Live Year End Summary-79/112 (71%) +4,038 Pips

Having trouble viewing this? Check out the online version. Weekly Recap Week of December 17th, 2007 December Daily Video Trade Results This Week: 2/5 (40%) +60 Pips MTD:  5/18 (28%) +110 Pips 2007 Final: 79/112 (71%) +4,038 Pips (since July 24th, 2007)   New Product Release Read and React Forex Series Start Making Money in 10-15 Minutes! FX Nation Live will offer just 1 new institutional trade set up each month. These set ups are “tricks” of the trade used by Forex dealing desks all over the world to make money against unsuspecting individual traders. THIS SET UP WILL BE GONE IN 2 WEEKS!   View Details on this month's Read and React Series This Read and React Report Called a 150 pip trade in the GBP/USD this week. It will only be available through Dec 31st, 2007! Here is a recap of the Daily Video Commentary which you can get for free each day on FX Nation Live: Trading is all about capital preservation and survival. Even though we had a tough December with the USD retracement we ended up 5 for 18 (only 28%) but still positive by 110 pips, that's how you trade during the tough times. The final tally for 2007 (since the site launch on July 24th, 2007) is 79/112 (71%) +4,038 Pips. Not bad for less than half a year. We wish all of our members a happy and safe holiday and we are looking forward to an even bigger 2008! 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 12/18/2007 GBP/USD Long 2.0117 2.0190 - +73 12/18/2007 EUR/USD Long 1.4370 1.4430 - +60 12/19/2007 GBP/USD Long 2.0138 - - -20 12/20/2007 EUR/USD Long 1.4360 - - -20 12/20/2007 GBP/USD Long 1.9872 - - -20                                           TOTAL PROFIT +60 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 Dec 27th, 2007 Consumer Confidence 10:00 AM EST Weekly Trade Idea This Week: It looks like the 1.4370 area may have turned into resistance now as this pair wants to retrace further. Look for some shorts from 1.4370 with little buy pressure and good divergence. Last Week: You could have got about a 100 pip pop from the lows of 1.4640 at the start of the week, but by Friday price had retraced back down near the S1 monthly pivot which should hold next week around 1.4370. 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. 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