It's been awhile since I've been able to post, but I wanted to at least post the results of the trades that were open in the last post, so here's a quick rundown:
EUR/USD long - Opened at 1.4642; closed at 1.5363. Profit - 721 pips.
GBP/USD long - Opened at 1.9660; closed at 1.9837. Profit - 177 pips.
USD/CAD short - Opened at .9960; closed at .9839. Profit - 121 pips.
USD/CHF short - Opened at 1.0886; closed at 1.0140. Profit - 747 pips.
USD/JPY short - Opened at 107.10; closed at 103.79. Profit - 331 pips.
Total positive pips for these trades: 2,097!!!
I took a few days off after closing out these trades as there were a lot of major moves and those are many times followed by some ranging and false moves while price settles down.
I finished the month of February +694 pips, and March stands at the above total (+2,079) so far!
I'll be posting more charts of trades for the month of March as time allows.
For more information about the Forex Profit Monster trading system and how it works, visit my website at http://www.forexprofitmonster.com.
Best of luck in your trading...
Jim
http://www.forexprofitmonster.com
Thursday, March 20, 2008
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