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.