There goes another successful month - Forex News by FX Leaders

There goes another successful month

Posted Thursday, September 1, 2016 by
Skerdian Meta • 1 min read

We just closed the month of August yesterday and now we are officially in Autumn. It hasn´s been an easy month, especially the second and the third week. August hs been a month full of controversial economic data which has made the price action quite choppy. That kind of price action doesn´t offer the best trading environment for a forex trader. 

So, we have struggled with our short term forex signals. In the first week, it was a long term buy forex signal in USD/JPY which brought us above water, thus closing the week in profit. The second and third week we couldn´t manage to stay above water, while in the fourth and the remaining of the fifth week, helped by long term forex signals, we returned to our usual performance and closed them with some nice profit. 

So, adding them all together, at the end of the month we find ourselves with more than 300 pips of profit. The forex pairs have been trading in a more rational manner in the last two weeks and we took full advantage of it and brought our yearly profit to around 3,000 pips so far. If you´d like to test our forex signals service, you can register and open an account for free or become a premium client. 

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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