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.

Related Articles
  1. Investing

    Five Things to Consider Now for Your 401(k)

    If you can’t stand still, when it comes to checking your 401 (k) balance, focus on these 5 steps to help channel your worries in a more productive manner.
  2. Investing

    What’s Holding Back the U.S. Consumer

    Even as job growth has surged and gasoline prices have plunged, U.S. consumers are proving slow to respond and repair their overextended balance sheets.
  3. Economics

    The Problem With Today’s Headline Economic Data

    Headwinds have kept the U.S. growth more moderate than in the past–including leverage levels and an aging population—and the latest GDP revisions prove it.
  4. Forex Education

    China's Devaluation of the Yuan

    Just over one week ago the People’s Bank of China (PBOC) surprised markets with three consecutive devaluations of the yuan, knocking over 3% off its value.
  5. Fundamental Analysis

    Calculating Return on Net Assets

    Return on net assets measures a company’s financial performance.
  6. Investing Basics

    Explaining Rehypothecation

    Rehypothecation occurs when an asset used as collateral for one party is reused in another transaction.
  7. Investing Basics

    What's a Price-Taker?

    Price-taker is an economic term describing a market participant who has no effect on overall market activity.
  8. Economics

    Explaining the Participation Rate

    The participation rate is the percentage of civilians who are either employed or unemployed and looking for a job.
  9. Economics

    Understanding Organic Growth

    Organic growth is the increase in a company’s revenue and value due to internal operations.
  10. Investing Basics

    Explaining Options Contracts

    Options contracts grant the owner the right to buy or sell shares of a security in the future at a given price.
RELATED TERMS
  1. Yield To Maturity (YTM)

    The total return anticipated on a bond if the bond is held until ...
  2. Gross Profit

    A company's total revenue (equivalent to total sales) minus the ...
  3. Interest Coverage Ratio

    A debt ratio and profitability ratio used to determine how easily ...
  4. Monetary Policy

    The actions of a central bank, currency board or other regulatory ...
  5. Receivables Turnover Ratio

    An accounting measure used to quantify a firm's effectiveness ...
  6. Remittance

    The term most commonly refers to money being sent via mail or ...
RELATED FAQS
  1. Are spousal Social Security benefits taxable?

    Your spousal Social Security benefits may be taxable, depending on your total household income for the year. About one-third ... Read Full Answer >>
  2. What are the best ways to sell an annuity?

    The best ways to sell an annuity are to locate buyers from insurance agents or companies that specialize in connecting buyers ... Read Full Answer >>
  3. How are non-qualified variable annuities taxed?

    Non-qualified variable annuities are tax-deferred investment vehicles with a unique tax structure. After-tax money is deposited ... Read Full Answer >>
  4. Why would someone change their Social Security number?

    In general, the Social Security Administration, or SSA, does not encourage citizens to change their Social Security numbers, ... Read Full Answer >>
  5. Are spousal Social Security benefits retroactive?

    Spousal Social Security benefits are retroactive. These benefits are quite complicated, and anyone in this type of situation ... Read Full Answer >>
  6. Is Argentina a developed country?

    Argentina is not a developed country. It has one of the strongest economies in South America or Central America and ranks ... Read Full Answer >>

You May Also Like

COMPANIES IN THIS ARTICLE
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!