By: John Ursus
Here are the updates to trades we recommended in April and May 2014:
March 11th – GBPUSD Signal
This trade was entered on March 11th at 1.6650 and exited on April 10th at 1.6800 for a total loss of 150 pips as the stop loss order was triggered.
April 7th – AUDNZD Signal
This trade was entered on April 7th at 1.0800 and currently remains open as it trades in and out of floating trading profits. The take profit zone has been lowered by 50 pips to between 1.1200 and 1.1250.
April 21st – NZDJPY Signal
This trade was entered on April 21st at 88.00 and currently remains open with floating trading profits in excess of 70 pips. The take profit zone has been increased by 500 pips to between 79.00 and 79.50.
April 28th – EURUSD Signal
This trade was entered on April 28th at 1.3870 and exited on May 26th at 1.3620 for a total profit of 250 pips as the stop loss order was triggered.
May 5th – NZDUSD Signal
This trade was entered on May 5th at 0.8675 and currently remains open with floating trading profits in excess of 130 pips. The take profit zone has been increased by 225 pips to between 0.8275 and 0.8325.
May 13th – EURGBP Signal
This trade was entered on May 13th at 0.8150 and currently remains open with floating trading losses in excess of 25 pips. The take profit zone has been lowered by 100 pips to between 0.8350 and 0.8400.
May 19th – GBPJPY Signal
This trade was entered on May 19th at 170.90 and currently remains open with floating trading losses in excess of 50 pips. The take profit zone has been increased by 300 pips to between 160.00 and 161.50.
Trading Summary
Our total trading profits for April & May equal 100 pips as one trade was closed for a profit of 250 pips while one trade was closed for a loss of 150 pips. Five trading positions remain open from April/May which currently carry combined floating trading profits of around 125 pips. Our total net profits rose to 1,625 pips which means trading losses faced in January were fully recovered and net profits total 50 pips for 2014 to date with 125 pips in floating trading profits.