171 pips profit was generated for the month of July 2010

171 pips profit was generated for the month of July 2010. 9 trades were executed: 6 trades won and 5 trades lost.

If you are trading 1 full contract (100,000) per trade, your profit for 171 pips will be around US$1710.

Here are the details of my trades:

1. GBPUSD: 107 Pips Profit

We had just closed GBPUSD at 1.5179, profit is 107 pips.

Original:

Sell GBPUSD at 1.5286
Stop level at 1.5400
Target level at 1.5000

2. EURAUD: 101 Pips Profit

We closed EURAUD at 1.4724, profit is 101 pips.

Original:

Sell EURAUD at 1.4825
Stop level at 1.5010
Target level at 1.4525

3. USDJPY: 70 Pips Loss

Stop has triggered, loss is 70 pips.

Original trade:

Buy UsdJpy at 87.40
Stop level at 86.70
Target level at 88.40

4. AUDUSD: 101 Pips Loss

AUDUSD has hit the stop at 0.8860, loss is 101 pips.

Original trade:

Sell AUDUSD at 0.8759
Stop level at 0.8860
Target level at 0.8550

5. AUDUSD: 187 Pips Profit

AUDUSD is sitting on good profit hence decides to close this trade.
Close this trade at 0.8633, profit is 187 pips.

Original:

Sell AUDUSD at 0.8820
Stop level at 0.8900
Target level at 0.8400

6. USDJPY: 75 Pips Profit

RSI has turned from buy to sell signal. So its time to take profit on USDJPY trade. Sell USDJPY at 88.73, profit is 75 pips.

Original:

Buy USDJPY at 87.98
Stop level at 86.90
Target level at 90.14

7. SGDJPY: 105 Pips Profit

Currently I am holding 2 JPY positions. I want to reduce my risk on JPY so decide to close my trade on SGDJPY. Closed SGDJPY at 64.12, profit is 105 pips.

Original:

Buy SGDJPY at 63.07
Stop level at 62.00
Target level at 65.00

8. EURUSD: 91 Pips Loss

Stop has triggered, loss is 91 pips.

Original trade:

Sell EurUsd at 1.2529
Stop level at 1.2620
Target level at 1.2400

9. AUDUSD: 6 Pips Profit

AudUsd looks weak. Closed my trade at 0.8408, profit is 6 pips.

Original trade:

Buy AUDUSD at 0.8402
Stop level at 0.8290
Target level at 0.8600

10. USDSGD: 100 Pips Loss

Stop has triggered at 1.3650, loss is 100 pips.

Original trade:

Buy USDSGD at 1.3760
Stop level at 1.3650
Target level at 1.3950

11. GBPUSD: 48 Pips Loss

Cut loss at 1.5526. Loss is 48 pips.

Original trade:

Sell GBPUSD at 1.5478
Stop level at 1.5550
Target level at 1.5300

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.