PaxForex closed the third trading week with net profits of 1,345 pips on six closed trades; four were closed for a gross profit of 3,155 pips and two were closed for a loss of 1,810 pips. This has increased our trading profits for June to 1,550 pips and for the second-quarter to 11,000 pips.
We had the following five trading recommendations this week:
- Monday, June 16th – USDCHF June 16th 2014; Closed for a net profit of 45 pips
- Tuesday, June 17th – EURUSD June 17th 2014; All open positions closed for a net profit of 20 pips
- Wednesday, June 18th – USDJPY June 18th 2014; Long @ 102.10 and closed pending sell order
- Thursday, June 19th – Gold June 19th 2014; Short @ 1,282 and all other open positions closed for a net profit of 1,280 pips
- Friday, June 20th – GBPUSD June 20th 2014; Short @ 1.6795, 1.6750 and 1.7020