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.