PaxForex ended the trading week with 935 pips in net profits after closing two trading positions which boosted our total net profits for April to 4,265 pips. The majority of our profits were delivered by several gold positions which were closed during the trading month. There are no pending orders currently in our forex portfolio.
We had the following five trading recommendations this week:
- Monday, April 28th – GBPUSD April 28th 2014; Short @ 1.6720 and 1.6820
- Tuesday, April 29th – Gold April 29th 2014; Long @ 1,290
- Wednesday, April 30th – USDCHF April 30th 2014; Long @ 0.8805
- Thursday, May 1st – EURUSD May 1st 2014; Short @ 1.3820
- Friday, May 2nd – USDJPY May 2nd 2014; Short @ 102.85 and Long @ 102.20