PaxForex decided to manage its current forex account without expanding into new positions; depending on market conditions existing positions will be hedged. The rest of 2014 will be focused on streamlining the portfolio and wind down positions. All our trades are focused on four currency pairs and one commodity and we will add positions to those trades according to our strategy. We currently have twenty-four open trading positions in our portfolio.

We had the following five trading recommendations this week:

• Monday, October 27th – EURUSD October 27th 2014; Long @ 1.3600, 1.3475, 1.3385, 1.3280, 1.3180 and 1.2950
• Tuesday, October 28th – USDCHF October 28th 2014; Short @ 0.8985, 0.9020, 0.9090, 0.9180, 0.9325 and 0.9505
• Wednesday, October 29th – Gold October 29th 2014; Long @ 1,267
• Thursday, October 30th – USDJPY October 30th 2014; Short @ 102.100, 103.350, 103.900, 105.000, 105.300 and 106.900
• Friday, October 31st – GBPUSD October 31st 2014; Long @ 1.7015, 1.6895, 1.6645 and 1.6465