PaxForex has started to streamline its portfolio and closed nine trading positions while adding four more. Over the next six weeks Paxforex aims to reduce trading positions which were taken over eight weeks ago and adding new 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-three open trading positions in our forex portfolio.

We had the following five trading recommendations this week:

• Monday, November 10th – EURUSD November 10th 2014; Long @ 1.3475, 1.3385, 1.3280, 1.3180 and 1.2950; Short @ 1.2410
• Tuesday, November 11th – USDCHF November 11th 2014; Short @ 0.9020, 0.9090, 0.9180, 0.9325 and 0.9505; Long @ 0.9690
• Wednesday, November 12th – USDJPY November 12th 2014; Short @ 103.350, 103.900, 105.000, 105.300 and 106.900; Long @ 115.750
• Thursday, November 13th – Gold November 13th 2014; Long @ 1,266; Short @ 1,150
• Friday, November 14th – GBPUSD November 14th 2014; Long @ 1.6895, 1.6645 and 1.6465