Interim Report of Daily Trading Technical Analysis for February 2021

Interim Report of Daily Trading Technical Analysis for February 2021

Written by: PaxForex analytics dept - Tuesday, 02 March 2021 0 comments

Source: PaxForex Premium Analytics Portal, Technical Insight

Today we would like to share with you a performance report of our signals for February 2021.  

February was an excellent month for the currency market. The stock market was not left out either, but volatility in this sector has decreased and major indices have declined, as the tech sector remains under pressure amid rising yields of U.S. government bonds. Yields on indicative 10-year U.S. government bonds reached an annual peak of 1.45%, triggering profit-taking in some stock market segments due to concerns about overvalued stocks, but volatility was noticeably lower due to the last month of 2020, as traders during this period fix their long-term positions and wait for new fundamental data from governments and companies with plans for this fiscal year.  

Now we provide a detailed report on income in financial markets: 

So, on the currency trading we made a profit of 1281 points, which is 25,62% of tradable balance from $1000 - $50,000, where the maximum profit was $12,810. With a tradable balance of $50,000-$500,000, the maximum profit was $128,100.
On the stock market the profit made up 716 points, which is equal to 14,32% of tradable balance from $1000-$50,000, where the maximum profit was $7,160. With a deposit of $50,000-$500,000 the maximum profit was $71,600.
The total profit on two markets amounted to 1997 points, which is 39,94% of the balance between $1000-$50,000, where the maximum profit amounted to $19,970. With a deposit of $50,000-$500,000 the maximum profit made up $199,700.

  • Total number of trades closed by Take-Profit: 45;

  • Total number of trades closed manually: 30;

  • Total number of trades closed by Stop-Loss: 30.

If you are not trading with us yet, pay attention to the emails with signals that are sent to you daily, track the signals, and join the team! 
Take care of yourself, and enjoy more profit!  

Regards,  
PaxForex team