By: John Ursus

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

April 7th 2014 – AUDNZD Long Entry @ 1.0800; this trade was closed on June 4th @ 1.1000 for a profit of 200 pips as our stop loss order was triggered.

April 21st 2014 – NZDJPY Short Entry @ 88.00; this trade was closed on May 29th @ 86.00for a profit of 200 pips as our stop loss order was triggered.

May 5th 2014 – NZDUSD Short Entry @ 0.8675; this trade was closed on June 5th @ 0.8450 for a profit of 225 pips as our stop loss order was triggered.

May 13th 2014 – EURGBP Long Entry @ 0.8150; this trade was closed on June 12th @ 0.8025 for a loss of 125 pips as our stop loss order was triggered.

May 19th 2014 – GBPJPY Short Entry @ 170.90; this trade was closed on June 13th @ 172.90 for a loss of 200 pips as our adjusted stop loss order was triggered.

June 3rd 2014 – EURGBP Long Entry @ 0.8150; this trade was closed on June 12th @ 0.8025 for a loss of 125 pips as our stop loss order was triggered.

June 9th 2014 – CHFJPY Long Entry @ 114.50; this trade currently remains open and carries a floating trading loss of 175 pips.

June 16th 2014 – EURJPY Long Entry @ 136.90 (Pending Order Triggered on July 17th 2014); this trade currently remains open and carries a floating trading profit of 15 pips.

June 23rd 2014 – NZDUSD Short Entry @ 0.8735; this trade currently remains open and carries a floating trading profit of 45 pips.

Trading Summary

Our total trading profits for June totaled 175 pips as three trades were closed for a profit of 625 pips while three trades were closed for a loss of 450 pips. Three trading positions remain open from all trades recommended until the end of June which currently carry combined floating trading losses of around 125 pips. Our total net profits rose to 1,800; 225 pips for 2014 to date with 125 pips in floating trading losses.

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