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.