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Trading Updates – October 2014 - 25 November 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 October 2014 as well as updates on the one open position from previous months:

September 29th 2014 – USDCAD Short Entry @ 1.1200; this trade remains open and carries a floating trading loss of 50 pips.

October 7th 2014 – CADJPY Short Entry @ 97.50; this trade was closed on October 16th @ 93.50 for a profit of 400 pips as our stop loss order was triggered.

October 14th 2014 – CHFJPY Short Entry @ 112.50; this trade was closed on November 3rd @ 117.00 for a loss of 450 pips as our stop loss order was triggered.

October 21st 2014 – September 2014 Trading Summary

October 28th 2014 – AUDUSD Long Entry @ 0.8800; this trade remains open and carries a floating trading loss of 175 pips.

Trading Summary

Our total trading losses for October totaled 50 pips as one trade was closed for a profit of 400 pips and one trade was closed for a loss of 450 pips. Two trading positions remain open from all trades recommended until the end of October which currently carry a floating trading loss of 225 pips. Our total net profits decreased to 3,475; 1,900 pips for 2014 to date with 225 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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