G’day all,

Below is a summary of my forex trades for week ending Sunday 25-Jan-09.

Trade 2009_5 (Open from week ending 18-Jan-09)
Pair: EURGBP
Direction: Short
Entry: 16-Jan-09 at 0.8922
Exit: 20-Jan-09 at 0.9135
Profit: -213 pips
Notes: Unfortunately EUR took off against GBP on 19-Jan-09 an never looked back.

Trade 2009_6
Pair: USDCHF
Direction: Long
Entry: 19-Jan-09 at 1.1336
Exit: N/A (Trade remained opened at the end of trading week)
Profit: 209 pips (Floating Profit)
Notes: USDCHF remains in a longer term uptrend.

Trade 2009_7
Pair: GBPUSD
Direction: Short
Entry: 20-Jan-09 at 1.4120
Exit: 20-Jan-09 at 1.4015
Profit: 105 pips
Notes: There were many more pips on the table but the trade hit tight Trailing Stop Loss.

Trade 2009_8
Pair: EURUSD
Direction: Short
Entry: 20-Jan-09 at 1.2926
Exit: N/A (Trade remained opened at the end of trading week)
Profit: -48 pips (Floating Loss)
Notes: EURUSD remains in a Strong Downtrend.

Trade 2009_9
Pair: AUDUSD
Direction: Short
Entry: 21-Jan-09 at 1.4120
Exit: N/A (Trade remained opened at the end of trading week)
Profit: -34 pips (Floating Loss)
Notes: AUDUSD remains in a Strong Downtrend.

Summary
Number of Trades: 5
Closed Trades: 2
Open Trades: 3
Success Rate (Closed Trades): 50%
Total Closed Pips: -108 pips
Total Open Pips:  127 pips

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