Trading Signal Updates: July 2014 - 19 August 2014

By: John Ursus

Trading Updates – June 2014

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

June 9th 2014 – CHFJPY Long Entry @ 114.50; this trade currently remains open and carries a floating trading loss of 111 pips.

June 16th 2014 – EURJPY Long Entry @ 136.90 (Pending Order Triggered on July 17th 2014); this trade was closed on August 1st @ 137.90 for a profit of 100 pips as our stop loss order was triggered.

June 23rd 2014 – NZDUSD Short Entry @ 0.8735; this trade was closed on August 13th @ 0.8435 for a profit of 300 pips as our stop loss order was triggered.

July 1st 2014 – AUDUSD Short Entry @ 0.9500; this trade was closed on August 8th @ 0.9250 for a profit of 250 pips as our stop loss order was triggered.

July 7th 2014 – USDCAD Long Entry @ 1.0650; this trade was closed on August 8th @ 1.0950 for a profit of 300 pips as our stop loss order was triggered.

July 14th 2014 – GBPUSD Short Entry @ 1.7175 (Pending Order Triggered on July 15th 2014); this trade was closed on August 14th @ 1.6675 for a profit of 500 pips as our stop loss order was triggered.

July 28th 2014 – EURGBP Long Entry @ 0.7910; this trade currently remains open and carries a floating trading profit of 117 pips.

Trading Summary

Our total trading profits for July totaled 1,450 pips as five trades were closed for a profit of 1,450 pips while zero trades were closed for a loss of 0 pips. Two trading positions remain open from all trades recommended until the end of July which currently carry combined floating trading profits of around 6 pips. Our total net profits rose to 3,250; 1,675 pips for 2014 to date with 6 pips in floating trading profits.

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.