PaxForex had a solid start to September with 1,235 pips in profits; one gold position was closed for a profit of 1,235 pips and we added to forex positions were we are prepared for a sharp rebound in our portfolio. Our third-quarter profit rose to 3,475 pips. We currently have twenty-two 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, September 1st – EURUSD September 1st 2014; Long @ 1.3600, 1.3475, 1.3385, 1.3280, 1.3180 and 1.2950
- Tuesday, September 2nd – USDCHF September 2nd 2014; Short @ 0.8985, 0.9020, 0.9090, 0.9180 and 0.9325
- Wednesday, September 3rd – GBPUSD September 3rd 2014; Long @ 1.7015, 1.6895, 1.6645, 1.6465 and 1.6140
- Thursday, September 4th – Gold September 4th 2014; Long @ 1,267
- Friday, September 5th – USDJPY September 5th 2014; Short @ 102.100, 103.350, 103.900, 105.000 and 105.300