Forex Week in Review August 2 to August 7, 2009

BDI TRADE EVALUATION: WEEK COMMENCING AUGUST 2, 2009

WEEKLY PIP TOTAL: +143 pips
WEEKLY REALIZED GAINS: +$500/+$50

USD/CAD
Closed
Sold 1 unit @ 1.0770, SL=1.08, TP=1.0685
Second unit ordered for 1.0780 not filled.
Result: +85 pips, $810/$81

USD/JPY
Invalid
Placed an order to sell at 95.50 and 95.80, entry price never reached.
Result: NA

USD/CAD
Closed
Sold 2 units @ 1.6880, SL=1.07310, TP=105.980/open
Result: -40 pips, ($940)/($94)

USD/JPY
Invalid
Place order to sell 1 unit each at 96.300 and 96.500, entry prices never reached.
Result: NA

GBP/USD
Invalid
Placed order to sell 1 unit each at 1.70350/1.70400, entry prices never reached.
Result: NA

EUR/CHF
Order Pending
Placed order to buy 1 unit each at 1.5187/1.5170, not yet filled, still valid.
Result: TBA

GBP/AUD
Closed
Sold 1 unit @ 2.0210, SL=2.0267, TP=2.0117
Second unit ordered for 2.0250 not filled.
Result: +130 pips, $1200/$120

USD/CAD
Open Position
Sold 1 unit at 1.07350, SL=1.0881, TP=1.0635
Sold 2 units at 108.44, SL=1.0881, TP=1.0635/open
Result: TBA

USD/CHF
Closed
Sold 2 unit @ 1.0675/1.0690, SL=1.0726, TP=1.0540
Result: -51 pips/-95 pips, [($280/$28)]/[($480/$48)]

AUD/CHF
Order Pending
To buy 2 units at 0.8845/0.8835, not yet filled, still valid.
Result: TBA

AUD/NZD
Closed
Sold 1 unit @ 1.25200, SL=1.25900, TP=124.00
Second unit order for 1.25600 not filled, price not reached.
Result: +73 pips, $490/$49

AUD/NZD
Order Pending
To buy 1 unit at 1.2346/1.2320, not yet filled, still valid.
Result: TBA

AUD/USD
Closed
Bought 1 unit @0.8400, SL=0.8375, TP=open
Result: -30 pips, ($300)/($30)


Please note that all pip gains/losses and realized profits/losses are estimates and may not be exact.


From the Desk of
Aaron Reid