By: John Ursus
Here are the updates to trades we recommended in February 2014 as well as March 2014:
This trade was entered on February 3rd at 0.7900 and exited on April 6th at 0.8300 for a total profit of 400 pips as the stop loss order was triggered which protected profits.
This trade was entered on February 10th at 1.5150 and exited on February 28th at 1.5350 for a total loss of 200 pips as the stop loss order was triggered.
This trade was entered on February 17th at 1.3750 and exited on March 13th at 1.3950 for a total loss of 200 pips as the stop loss order was triggered.
This trade was entered on February 24th at 1.2190 and exited on April 4th at 1.2240 for a total profit of 50 pips as the stop loss order was triggered which protected profits.
This trade was entered on March 3rd at 0.7900 and closed on April 4th at 0.8100 for a total profit of 200 pips as the stop loss order was triggered which protected profits.
Trading Summary
Our total trading profits for February & January equal 250 pips as three trades were closed for a profit of 650 pips while two trades were closed for a loss of 400 pips. One trade, a short position in the GBPUSD, remains open from this period and will carry over into April. Our total net profits rose to 1,525 pips, still down 50 pips from the end of last year due to the 300 pips we lost in January.