Trading Updates: August 2014 - 22 September 2014

By: John Ursus

Here are the updates to trades we recommended in August 2014 as well as updates on the three open positions from previous months:

June 9^th 2014 – CHFJPY Long Entry @ 114.50; this trade currently remains open and carries a floating trading loss of 135 pips.

July 28^th 2014 – EURGBP Long Entry @ 0.7910; this trade was closed on September 10^th @ 0.8035 for a profit of 125 pips as our stop loss order was triggered.

August 4^th 2014 – NZDUSD Long Entry @ 0.8500; this trade was closed on August 20^th @ 0.8400 for a loss of 100 pips as our stop loss order was triggered.

August 11^th 2014 – GBPCHF Short Entry @ 1.5200; this trade was closed on September 10^th @ 1.5000 for a profit of 200 pips as our stop loss order was triggered.

August 18^th 2014 – July 2014 Trading Summary

August 25^th 2014 – USDCAD Short Entry @ 1.0950; this trade was closed on September 4^th @ 1.0850 for a profit of 100 pips as our stop loss order was triggered.

Trading Summary

Our total trading profits for August totaled 325 pips as three trades were closed for a profit of 425 pips while one trade was closed for a loss of 100 pips. One trading position remains open from all trades recommended until the end of August which currently carries a floating trading loss of 135 pips. Our total net profits rose to 3,575; 2,000 pips for 2014 to date with 135 pips in floating trading losses.