FXLR - Live Room Summary - Mon 15th March 2010
A mixed day for action, but results were quite good. Even more new guys in the room now - welcome to the FXLR. Total: +54 pips on the day.
Actual trades called and taken in the room:
1. GBP/USD: short, flag @ 1.5080 (+18, +42).
2. USD/CAD: long, channel @ 1.0193 (b/e).
3. EUR/JPY: short, momentum @ 124.27 (+10, +8).
4. EUR/USD: short, flag @ 1.3692 (+15, +15).
Well done to the guys who held Cable for most of the big drops, through 3 different levels.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Fri 12th March 2010
Fairly busy, for a Friday. 4 trades called and taken - quite good results again. Enjoy the weekend, guys. Total: +48 pips on the day.
Actual trades called and taken in the room:
1. USD/CHF: short, flag @ 1.0650 (+16, +14).
2. USD/JPY: short, trendline @ 90.43 (+14, +12).
3. GBP/USD: short, momentum @ 1.5131 (+4).
4. AUD/USD: short, momentum @ 0.9160 (+16, +16).
Have a good weekend.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Thurs 11th March 2010
A choppy day. A mixed day with the market moves as well, with the first Cable trade being cut as it didn’t looiks so good anymore - only to run +50 pips after it was closed. Typical. Well done those who held with their stop set. Both out Cable trades were chopped early. Total: -29 pips.
Trades taken in room:
1. GBP/USD: long, channel @ 1.4989 (-15)
2. GBP/USD: short, flag @ 1.5006 (-14)
We’ll make up for this tomorrow.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Wed 10th March 2010
Not a good day today. What trades were called didn’t look as good once they settled. Quite unusual, but we chopped early. The first Cable gave +18 on the first half, with stop moved up to breakeven. Total: -15 pips.
Trades taken in the room:
1. GBP/USD: short, momentum @ 1.4912 (+18, 0).
2. GBP/USD: short, momentum @ 1.4883 (-9).
3. EUR/JPY: long, flag @ 123.99 (-15).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Tues 9th March 2010
A steady day today. Some good chat in the room. 3 trades called. Total: +32 pips on the day.
Actual Trades called and taken in the room:
1. GBP/USD: short, momentum @ 1.4975 (+16, +12).
2. EUR/JPY: short, flag @ 122.09 (+20, +16).
3. EUR/USD: short, momentum @ 1.3562 (+0).
Happy trading,
FXLR Team
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
