Monthly Report of Daily Trading Technical Analysis for August 2020

Monthly Report of Daily Trading Technical Analysis for August 2020

Written by: PaxForex analytics dept - Tuesday, 01 September 2020 0 comments

Hello! 

Today we want to share with you trading results according to our daily signals for August 2020.  

August turned out to be a very profitable month since the markets marked their main direction. There is certain positivity in the stock market, which pushes companies' shares up. The currency market has also moved out of the consolidation phase, as the dollar is gradually beginning to become cheaper, almost for all currency pairs, which shows the main trend of the currency market. 

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

So, on the currency trading we made a profit of 1290 points, which is 25.8% of tradable balance from $1000 - $50,000, where the maximum profit was $12,900. With a tradable balance of $50,000-$500,000, the maximum profit was $120,900.

On the stock market the profit made up 441 points, which is equal to 8.82% of tradable balance from $1000-$50,000, where the maximum profit was $4,410. With a deposit of $50,000-$500,000 the maximum profit was $44,100.

The total profit on two markets amounted to 1731  points, which is 34.62% of the balance between $1000-$50,000, where the maximum profit amounted to $17,310. With a deposit of $50,000-$500,000 the maximum profit made up $173,100.

  • Total number of trades closed by Take-Profit: 60;

  • Total number of trades closed manually: 11;

  • Total number of trades closed by Stop-Loss : 39.

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