PaxForex earns 160 Pips

PaxForex added 160 pips in profits during the second trading week of September; one GBPUSD position was closed. Our third-quarter profit rose to 3,635 pips. 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-one open trading positions in our portfolio.

We had the following five trading recommendations this week:

• Monday, September 8th – EURUSD September 8th 2014; Long @ 1.3600, 1.3475, 1.3385, 1.3280, 1.3180 and 1.2950
• Tuesday, September 9th – USDCHF September 9th 2014; Short @ 0.8985, 0.9020, 0.9090, 0.9180 and 0.9325
• Wednesday, September 10th – GBPUSD September 10th 2014; Long @ 1.7015, 1.6895, 1.6645 and 1.6465
• Thursday, September 11th – Gold September 11th 2014; Long @ 1,267
• Friday, September 12th – USDJPY September 12th 2014; Short @ 102.100, 103.350, 103.900, 105.000 and 105.300