June Results for Forex Profit Monster

Well here it is... hard to believe June is over already. We're entering the "summer doldrums" of trading, but it seems June has once again been an above average month for FPM. While I've only "booked" 617 pips of profit for the month of June, there are still 5 trades open that are well into profit. Here are charts of two of them:

The above is the GBP/USD on the 4 hour time frame. The trade was entered at 1.9605 when the FPM indicators lined up. This trade is still open and is currently 341 pips in profit.

The next trade in the chart below is the EUR/USD... also on the 4 hour time frame. This trade was entered at 1.5570 and is also still open and 215 pips in profit.

There are three other trades still open from June on the 4 hour charts... one on the AUD/USD that is up 140 pips... the USD/JPY currently with 100 pips of profit... and the USD/CHF currently up 190 pips.

If I closed all of the open trades right now I would end the month with 1,603 pips instead of 617... but I'll leave them open and wait for the system to give me an exit signal.

So there are the results for June... once again FPM has generated over 600 pips of profit for the month... plus I've got a big head start for July with all of the trades that are still open and well into profit!

Don't forget that this Friday is the 4th of July in the U.S., so not only will the market volume be down during the NY session, but the Non-Farm Payroll report due out on Friday will be released early on Thursday this week! Don't get caught off guard trading on Thursday as that report will cause low volumes before it is released followed by extremely high volatility during/after the release!

For more information about FPM and how it works, visit the website at http://www.forexprofitmonster.com/.

Best of luck in your trading and may many pips flow into your account!

Jim

http://www.forexprofitmonster.com/