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Forex Signal Updates: September 2014 - 21 October 2014

By John Ursus
Professional trader and technical analyst with over one decade of experience. John believes that being a successful trader means you have to be in the minority and defy what is popular. Trading is an art form and not science and there are more myths about trading than there are successful traders.

By: John Ursus

Here are the updates to trades we recommended in September 2014 as well as updates on the one open position from previous months:

June 9th 2014 – CHFJPY Long Entry @ 114.50; this trade was closed on September 19th @ 116.50 for a profit of 200 pips as our stop loss order was triggered.

September 2nd 2014 – EURUSD Long Entry @ 1.3150; this trade was closed on September 4th @ 1.3000 for a loss of 150 pips as our stop loss order was triggered.

September 8th 2014 – USDJPY Short Entry @ 105.500; this trade was closed on September 10th @ 106.500 for a loss of 100 pips as our stop loss order was triggered.

September 15th 2014 – AUDUSD Long Entry @ 0.9000; this trade remains open and carries a floating trading loss of 205 pips.

September 22nd 2014 – August 2014 Trading Summary

September 29th 2014 – USDCAD Short Entry @ 1.1200; this trade remains open and carries a floating trading loss of 85 pips.

Trading Summary

Our total trading losses for August totaled 50 pips as one trade was closed for a profit of 200 pips and two trades were closed for a loss of 250 pips. Two trading positions remain open from all trades recommended until the end of September which currently carry a floating trading loss of 290 pips. Our total net profits decreased to 3,525; 1,950 pips for 2014 to date with 290 pips in floating trading losses.

John Ursus
About John Ursus
Professional trader and technical analyst with over one decade of experience. John believes that being a successful trader means you have to be in the minority and defy what is popular. Trading is an art form and not science and there are more myths about trading than there are successful traders.
 

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