Folks, unfortunately my practise account expired and hence do not have a report from the brokerage account itself.
However what a great day for profits.
I lost 120 pips on the USD/JPY trade as the dollar weakened due to Oil prices, but gained on both USD/CHF and the EUR/USD trades.
Made 120 pips on the EUR/USD trade and
made 100 pips on the USD/CHF trade
Hence the net result was
USD / JPY = -120
USD / CHF = +100
EUR / USD = +120
GBP / USD = -54
Net profit = +46
Add that to the earlier profit of 155 pips during July gives us a total approx 155 + 46 = 201 pips.
Add that to the June profits of 324 pips = 324 + 201 = 525 pips for the months of June and July to date.
I will have to open a new practise account later tonight and will post my trades and analysis later during the day.
Feel free to email me or visit http://www.myforexdna.collectivex.com/ for a discussion.
Sunday, July 13, 2008
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