PaxForex closed the second trading week with net profits of 145 pips on four closed trades; three were closed for a gross profit of 285 pips and one was closed for a loss of 140 pips. This has increased our trading profits for June to 205 pips and for the second-quarter to 9,655 pips.
We had the following five trading recommendations this week:
- Monday, June 9th – USDCHF June 9th 2014; Short @ 0.8975
- Tuesday, June 10th – EURUSD June 10th 2014; Long @ 1.3720, 1.3605 and 1.3545
- Wednesday, June 11th – Gold June 11th 2014; Long @ 1,293 and 1,246, Short @ 1,275
- Thursday, June 12th – USDJPY June 12th 2014; Long @ 102.10 and short position closed for a net profit of 45 pips
- Friday, June 13th – GBPUSD June 13th 2014; Short @ 1.6795 and 1.6750, all other positions closed for a net profit of 100 pips