FXLR - Live Room Summary - Mon 8th March 2010
A fairly active day. Some guys took some big trades - well done. We did ok, with a total of: +36 pips on the day.
Actual Trades called and taken in the Live Room:
1. USD/JPY: short, channel @ 90.32 (b/e).
2. GBP/USD: short, pennant @ 1.5158 (+16, +18).
3. AUD/USD: short, double top @ 0.9109 (-4).
4. GBP/USD: short, flag @ 1.5072 (+20, +20).
5. GBP/JPY: short, flag @ 136.20 (+3).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Fri 5th March 2010
A good day for many in the Live Room. Well done, guys. Nice calls. There were some nice flag setups in the afternoon, with GBP-JPY +130 pips, EUR-JPY +100 pips, Cable +60 pips, amongst the results. We called a USD-JPY trade and took a -5 pips on it! Not to worry.
Actual trade called in room:
1. USD/JPY: short, rising wedge @ 89.30 (-5).
Trades pointed out as mentioned above:
3 excellent set ups. Decent flags on GY, EY & GU - breaks taken by members - nice strong moves.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Thurs 4th March 2010
A choppy day today, with the ECB and MPC statements. There were a few setups but were breached with spikes during data releases. Also a few possible momentum plays but e felt there was a lack of correlation between the pairs. A good day to stay out of the markets, in our opinion. Total: +0 pips - No trades taken today.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Wed 3rd March 2010
Not a great day today, just one winning trade and two losses. Unusual, but these things happen. Some funny quips in the room, but that should distract us from what we are here for - making pips! A good equity build so far, so we need to continue. Total: -42 pips.
Trades taken in room by us:
1. EUR/USD: short, double top @ 1.3609 (+16, 0).
2. AUD/USD: short, range @ 0.9014 (-25).
3. GBP/USD: short, double top @ 1.5040 (-25).
Happy trading
FXLR Team
FXLR - Live Room Summary - Tues 2nd Mar 2010
A good day in the room with lots of chat. Thoroughly enjoyable. Thanks guys. Total: +56 pips on the day.
Actual trades called and taken in the Live Room:
1. USD/CAD: short, channel @ 1.0406 (+14, +18).
2. USD/JPY: short, momentum @ 8.20 (+17, +15).
3. GBP/USD: short, rising channel @ 1.4951 (+19, +29).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Mon 01 Mar 2010
A steady day in the room. Some good chat. But missed a decent Cable break. Well done to those that took it. Total: +25 pips on the day.
Trades called and taken in the Live Room:
1. EUR/USD: short, momentum @ 1.3527 (+16, +16).
2. GBP/USD: short, momentum @ 1.4901 (+18, 0).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Fri 26 Feb 2010
Another choppy day. Not many setups at all. This has been the general theme throughout February. One break even trade and a stop out. Total: -25 pips.
Two trades taken in room:
1. USD/JPY: short, channel @ 89.21 (+0).
2. GBP/JPY: short, momentum @ 135.84 (-25).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Wed 24 Feb 2010
A very dull afternoon. The markets waited for the housing data, which actually caused some volatility, then markets just went to sleep. Total: +31 pips on the day.
Actual Trades called and taken in the Live Room:
1. GBP/JPY: short, channel @ 139.22 (+20).
2. EUR/JPY: short, channel @ 122.00 (+11).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Tues 23 Feb 2010
A fairly slow start to the morning, despite some early decent moves which we missed, but then things got busier. In fact, it was quite funny today - lots of banter etc. Total: +72 pips on the day.
Actual Trades called and taken in the Live Room:
1. GBP/JPY: short, flag @ 140.24 (+18, 0).
2. GBP/USD: short, flag @ 1.5420 (+14, 0).
3. GBP/JPY: short, descending triangle @ 139.96 (+16, +16).
4. USD/JPY: short, flag @ 90.34 (+9).
5. GBP/USD: short, rising wedge @ 1.5423 (+12).
6. USD/JPY: short, descending triangle @ 90.12 (-11).
7. EUR/JPY: short, descdning triangle @ 121.96 (+10).
8. AUD/USD: short, flag @ 0.8907 (+20, +20).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Mon 22 Feb 2010
Another very quiet, but yet a choppy day. A day to watch the movements and stay out of trouble, basically. One or two people got caught out by ‘over trading’. We did warn you! But many stayed put and just took the odd trade, as we did. One or two did far better as well. Well done, guys. Total: +9 pips on the day.
Actual Trades taken in the Live Room:
1. AUD/USD: short, momentum @ 0.8987 (-3).
2. EUR/USD: short, momentum @ 1.3601 (+12).
Happy Trading
FXLR Team
