262 Pips Profit Generated in the first week of September

We have post our trades regularly in our website and you can see that we are profitable traders ourselves. We believe that only profitable traders can qualified to be trading educators.

These are our trades in the first week of September 2009:

262 pips profit was generated. 4 trades were executed: 4 trades won and 0 trades lost.

If you are trading 1 full contract (100,000) per trade, your profit for 262 pips will be around US$2,620.

Here are the details of my trades:

1. USDJPY: 14 Pips Profit

Today US is going to announce Non-Farm Payroll data, hence forex market is going to be extremely volatile during the New York hours. Since USDJPY position is sitting on some profit, I decide to close this position at 92.59. Profit is 14 pips.

Original trade:
Buy USDJPY at 92.45
Stop level at 91.71
Target level at 93.40

2. EURUSD: 56 Pips Profit

Price action looks weak. I closed my position at 1.4277, 56 pips profit.

Original trade:
Buy EURUSD at 1.4221
Stop level at 1.4148
Target level at 1.4324

3. USDCHF: 110 Pips Profit
Target level is reached at 1.0700, profit is 110 pips.

Original trade:
Buy USDCHF at 1.0590
Stop level at 1.0500
Target level at 1.0700

4. AUDUSD: 82 Pips Profit
I closed my AUDUSD position at 0.8346, 82 pips profit.

Original trade:
Sell AUDUSD at 0.8428
Stop level at 0.8510
Target level at 0.8334

If you would like to sign up for our program, please send email to us at metal.commodity@tradingeducationprogram.org.

Regards
Forex Educator
http://tradingeducationprogram.org/