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  4. Trading Updates for December 2014 - 21 January 2015
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Trading Updates for December 2014 - 21 January 2015

By John Ursus
John Ursus
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 December 2014:

December 1st 2014 – GBPUSD Long Entry @ 1.5600; this trade was closed on January 2nd @ 1.5400 for a loss of 200 pips as our stop loss order was triggered.

December 8th 2014 – USDCAD Short Entry @ 1.1475; this trade was closed on January 2nd @ 1.1700 for a loss of 225 pips as our stop loss order was triggered.

December 15th 2014 – EURGBP Long Entry @ 0.7925; this trade was closed on January 16th @ 0.7700 for a loss of 225 pips as our stop loss order was triggered.

December 23rd 2014 – November 2014 Trading Summary

December 31st 2014 – EURUSD Long Entry @ 1.2100; this trade was closed on January 5th @ 1.1975 for a loss of 125 pips as our stop loss order was triggered.

Trading Summary

Our total trading losses for December totaled 775 pips as four trades were closed for a loss of 775 pips and no trades were closed for a profit. No trading positions remain open from all trades recommended until the end of December which currently carry a floating trading loss of 0 pips. Our total net profits decreased to 2,700; 1,125 pips for 2014 to date with 0 pips in floating trading losses.

John Ursus
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.

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