PaxForex earns 430 pips last week

PaxForex ended the second trading week of May with 430 pips in net profits after closing six trading positions; five trading positions were closed for a gross profit of 465 pips while one trading position was closed for a loss of 35 pips.

We had the following five trading recommendations this week:

• Monday, May 12th – GBPUSD May 12th 2014; Short @ 1.6720 and Long @ 1.6825
• Tuesday, May 13th – USDCHF May 13th 2014; Short @ 0.8885
• Wednesday, May 14th – EURUSD May 14th 2014; Long @ 1.3720
• Thursday, May 15th – Gold May 15th 2014; Short 1,300
• Friday, May 16th – USDJPY May 16th 2014; Long @ 101.40