PaxForex finished with 480 pips in profits in August on only three closed; one gold position was closed for a profit of 300 pips and two forex positions were closed for a profit of 180 pips. Our third-quarter profit stands at 2,240 pips. We currently have fifteen open trading positions in our portfolio and expect to add to them in the coming trading week.

We had the following five trading recommendations this week:

• Monday, August 25th – EURUSD August 25th 2014; Long @ 1.3600, 1.3475, 1.3385, 1.3280 and 1.3180
• Tuesday, August 26th – USDCHF August 26th 2014; Short @ 0.8985, 0.9020 and 0.9090
• Wednesday, August 27th – GBPUSD August 27th 2014; Long @ 1.7015, 1.6895 and 1.6645
• Thursday, August 28th – Gold August 28th 2014; Short @ 1,282
• Friday, August 29th – USDJPY August 29th 2014; Short @ 102.100, 103.350 and 103.900