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.