96 pips profit was generated for the month of November 2009

96 pips profit was generated for the month of November 2009. 12 trades were executed: 8 trades won and 5 trades lost.

If you are trading 1 full contract (100,000) per trade, your profit for 96 pips will be around US$96.

Here are the details of my trades:

1. AUDUSD: 172 Pips Profit

The Dubai situation is still uncertain.
I had closed my AUDUSD at 0.9122, profit is 172 pips.

Original trade:

Buy AUDUSD at 0.8950
Stop level at 0.8870
Target level at 0.9300

2. AUDUSD: 100 Pips Loss

Stop triggered at 0.9162

Original trade:

Buy AUDUSD at 0.9262

Stop level at 0.9162

Target level at 0.9362

3. EURUSD: 53 Pips Loss

Cut loss at 1.4996, loss is 53 pips.

Original trade:

Sell EURUSD at 1.4943
Stop level at 1.5015
Target level at 1.4850

4. USDCHF: 82 Pips Profit

Support formed at 1.0080 so decide to take profit.
Buy USDCHF at 1.0093, profit is 82 pips.

Original trade:

Sell USDCHF at 1.0175
Stop level at 1.0230
Target level at 1.0075

5. EURUSD: 31 Pips Profit

EURUSD looks weak. Decide to close my EURUSD position first and buy back at lower level (16 Nov 09). Sold EURUSD at 1.4961, profit is 31 pips .

Original trade:

Buy EURUSD at 1.4930
Stop level at 1.4840
Target level at 1.5030

6. AUDUSD: 52 Pips Profit

AUDUSD has difficulty in going above 0.9350 resistance. So decide to close AUDUSD position at current price of 0.9346 (16 Nov 09). Profit for this trade is 52 pips.

Original trade:

Buy AUDUSD at 0.9294
Stop level at 0.9200
Target level at 0.9380

7. EURUSD: 24 Pips Profit

I had closed my position at 1.4951, profit is 24 pips (12 Nov 09).

Original trade:

Sell EURUSD at 1.4975
Stop level at 1.5070
Target level at 1.4880

8. AUDUSD: 11 Pips Profit

We have a small profit today (6 Nov 09). Though the profit is small, it is still a winning trade.

Original trade:

Buy AUDUSD at 0.9089
Stop level at 0.9010
Target level at 0.9180

9. AUDUSD: 62 Pips Profit

Current market condition is still rather unstable. Since I am sitting on some decent profit, I will choose to close my position (4 Nov 09). I closed my position at 0.9040, 62 pips profit.

Original trade:

Buy AUDUSD at 0.8978
Stop level at 0.8890
Target level at 0.9080

10. EURUSD: 58 Pips Profit

I had closed my EURUSD at 1.4826, 58 pips profit.

Original trade:

Buy EURUSD at 1.4768
Stop level at 1.4670
Target level at 1.4870

11. AUDUSD: 86 Pips Loss

Stop triggered, loss is 86 pips.

Original trade:

Buy AUDUSD at 0.9296
Stop level at 0.9210
Target level at 0.9374

12. AUDUSD: 77 Pips Loss

Stop triggered, loss is 77 pips.

Original trade:

Buy AUDUSD at 0.9197

Stop level at 0.9120

Target level at 0.9300

13. AUDUSD: 80 Pips Loss

Stop triggered, loss is 80 pips.

Original trade:

Target level at 0.9230

All of my trades are executed based on fully tested trading system based on real life experience.

If you are interested to learn about this trading system, send an email to me at metal.commodity@tradingeducationprogram.org to sign up for my Trading Education Program.