By: John Ursus
Here are the updates to trades which were recommended in August.
This trade was entered on August 16th at 1.5650 and has started to correct as predicted. This currency pair has floating trading profits in excess of 100 pips and traders who wish to secure profits may adjust their stop loss level to 1.5600 in order to protect against a sudden price spike.
This trade was entered on August 26th at 1.3425 and has started to correct as predicted. This currency pair has floating trading profits in excess of 200 pips and it is recommended to adjust the stop loss level to 1.3275 in order to secure 150 pips in guaranteed trading profits.
This trade was entered on August 26th at 0.8900 and has started to rally as predicted. This currency pair has floating trading profits in excess of 100 pips and traders who wish to secure profits may adjust their stop loss level to 0.8950 in order to protect against a sudden correction ahead of the RBA meeting on Wednesday.