PaxForex closed the fourth trading week of July with net profits of 45 pips on three closed trades; two were closed for a profit while one was closed for a loss. This increased our total trading profits for July to 1,680 pips. We currently have nine open trading positions in our portfolio.

We had the following five trading recommendations this week:

• Monday, July 21st – EURUSD July 21st 2014; Long @ 1.3600 and 1.3475
• Tuesday, July 22nd – USDCHF July 22nd 2014; Short @ 0.8920 and 0.8985
• Wednesday, July 23rd – Gold July 23rd 2014; Long @ 1,310 and Short @ 1,282
• Thursday, July 24th – GBPUSD July 24th 2014; Short @ 1.6795 and Long @ 1.7015
• Friday, July 25th – USDJPY July 25th 2014; Long @ 101.80