Losing month for the 1st time in 2010

241 pips loss was generated for the month of June 2010. 18 trades were executed: 8 trades won and 10 trades lost.

Here are the details of my trades:

1. EURUSD: 83 Pips Loss
Stop triggered, loss is 83 pips.

Original trade:
Sell EurUsd at 1.2367
Stop level at 1.2450
Target level at 1.1960

2. AUDUSD: 64 Pips Loss
Cut loss at 0.8694, loss is 64 pips.

Original trade:
Sell AUDUSD at 0.8630
Stop level at 0.8710
Target level at 0.8470

3. EURUSD: 106 Pips Loss
Stop loss triggered, loss is 106 pips.

Original trade:
Sell EurUsd at 1.2254
Stop level at 1.2360
Target level at 1.2054

4. AUDUSD: 35 Pips Loss
Cut loss at 0.8591, loss is 35 pips.

Original trade:
Buy AUDUSD at 0.8626
Stop level at 0.8540
Target level at 0.8780

5. EURUSD: 25 Pips Loss
Uptrend pressure is strong. Cut loss at 1.2311, loss is 25 pips.

Original trade:
Sell EurUsd at 1.2286
Stop level at 1.2360
Target level at 1.2138

6. AUDUSD: 67 Pips Profit
Resistance formed at 0.8660. Decides to close this position.
Closed at 0.8646, profit is 67 pips.

Original:
Original trade:
Buy AUDUSD at 0.8579
Stop level at 0.8490
Target level at 0.8800

7. EURUSD: 62 Pips Loss
EurUsd upwards pressure looks strong. Decides to cut loss. Closed at 1.2270, loss is 62 pips.

Original trade:
Sell EURUSD at 1.2208
Stop level at 1.2308
Target level at 1.2000

8. EURUSD: 85 Pips Loss
EURUSD is moving up strong, decides to cut loss on this trade. Closed at 1.2120, loss is 85 pips.

Original trade:
Sell EurUsd at 1.2035
Stop at 1.2135
Target at 1.1900

9. EURUSD: 43 Pips Loss
Resistance at 1.2210 has broken. Cut loss at 1.2213, loss is 43 pips.

Original trade:
Sell EurUsd at 1.2170
Stop level at 1.2240
Target level at 1.1926

10. EURUSD: 100 Pips Loss
Stop has triggered at 1.2107.

Original trade:
Sell EurUsd at 1.2107
Stop level at 1.2207
Target level at 1.2000

11. AUDUSD: 98 Pips Loss
Stop has triggered, loss is 98 pips.

Original trade:
Sell AUDUSD at 0.8319
Stop level at 0.8417
Target level at 0.8117

12. EURUSD: 64 Pips Profit
There is news that China property prices (+12.4 percent) going higher. This has pushed the major currencies up. Hence its better to close my sell EurUsd trade now. Closed EurUsd at 1.1975, profit is 64 pips.

Original trade:
Sell EurUsd at 1.2039
Stop level at 1.2139
Target level at 1.1900

13. AUDUSD: 83 Pips Profit
Williams signal has turned from buy to overbought.
Closed this trade at 0.8265, profit is 83 pips.

Original:
Buy AUDUSD at 0.8182
Stop level at 0.8082
Target level at 0.8282

14. AUDUSD: 33 Pips Profit
Decide to close this trade. Closed at 0.8200, profit is 33 pips.

Original trade:
Buy AUDUSD at 0.8167
Stop level at 0.8070
Target level at 0.8270

15. AUDUSD: 20 Pips Profit
Bullish candle stick formed so decide to close the trade.
Close the trade at 0.8432, profit is 20 pips.

Original:
Sell AUDUSD at 0.8452
Stop level at 0.8570
Target level at 0.8200

16. USDCHF: 25 Pips Profit
Decide to close my trade at current price. Closed at 1.1550, profit is 25 pips.

Original trade:
Buy USDCHF at 1.1525
Stop level at 1.1430
Target level at 1.1700

17. EURAUD: 62 Pips Profit
Support level forms at 1.4420.
Takes profit at 1.4444, profit is 62 pips.

Original trade:
Sell EurAud at 1.4506
Stop at 1.4598
Target at 1.4100

18. AUDUSD: 106 Pips Profit
We decided to close our AudUsd trade.
Closed at 0.8356, profit is 106 pips.

Original trade:
Sell AUDUSD at 0.8462
Stop level at 0.8600
Target level at 0.8300

This is our first losing month for the year 2010. Repeat patterns are not shown during this month due to World Cup season. We believe our strategy will continue to work well next month.

Go sign up for my learn forex trading course or undervalued stocks to invest in course, to be able to fish for yourself. My courses teaches you the exact system I used and still using to profit from the trades that you see here. Very affordable unlike the Guru's exotic fees. Personal coaching time to guide you along the way. Your success is our success, so I definitely want you to be successful after learning from me.

Regards,

BL, CEO of Tactical Trading Academy aka Online Trading Academy
- For Your Profits, Your Success Is Our Success!

“If money is your hope for independence, you will never have it. The only real security that a man can have in the world is a reserve of knowledge, experience, and ability.” – Henry Ford

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