FXLR - Live Room Summary - Fri 29 Jan 2010
A fairly good day, with some usual chat in the Live Room. New members becoming more involved, which is good. Well done, guys, and a bigger applause for those who took that Cable short we pointed out.
Total: +36 pips on the day.
Trades called and taken in room:
1. USD/CAD: short, double top @ 1.0659 (+22, +22).
2. AUD/USD: long, double bottom @ 0.8944 (+8).
3. GBP/JPY: short, double top @ 145.32 (-25).
4. GBP/JPY: short, momentum @ 145.26 (+22, +40).
Trade Ideas pointed out in room, taken by members:
1. GBP/USD: short, momentum @ 1.6109, moved to 1.6035.
2. EUR/USD: short, momentum @ 1.3922, moved to 1.3902.
3. GBP/JPY: short, flag @ 144.72, moved to 144.42.
4. EUR/JPY: short, flag @ 125.50, moved to 125.16.
Have a good weekend.
Happy trading
FXLR Team
FXLR - Live Room Summary - Thurs 28 Jan 2010
A fairly plodding day, really, but some decent trade set-ups mentioned taken by members in the Room, with many in the room taking the extra trade ideas and doing very well. Two trades actually called and taken by us, with nice moves.
Total: +39 pips on the day.
Trades taken in Live Room:
1. GBP/USD: short, momentum @ 1.6219 (+26, +22).
2. USD/JPY: short, momentum @ 89.94 (+19, +11).
Trade Ideas pointed out and taken by many members:
1. EUR/USD: short, momentum @ 1.3981, moved to 1.3946.
2. EUR/JPY: shot, momentum @ 125.80, moved to 125.51.
3. GBP/JPY: short, momentum @ 146.13, moved to 145.19.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Wed 27 Jan 2010
Fairly active today, but were very unlucky with the last Cable and GBP/JPY trades. Both trades were stopped out exactly on the stop and then moved into profit. Cable by +11 pips and GBP/JPY by +25 pips. Few stayed in with a slightly larger stop and took trades at breakeven or small profit. The ideas pointed in room were taken by some members, who did well with them. Total: -33 pips on the day.
Actual trades called and taken in Live Room:
1. EUR/USD: short, flag @ 1.4027 (-25).
2. EUR/USD: short, flag @ 1.4052 (+18, +16).
3. AUD/USD: short, flag @ 0.8973 (+11, +9).
4. GBP/USD: short, momentum @ 1.6212 (+15, +15).
5. GBP/USD: short, flag @ 1.6186 (-25).
6. GBP/JPY: short, flag @ 144.68 (-25).
Trade Ideas pointed out in Room, taken by members:
1. GBP/USD: long, flag @ 1.6179, moved to 1,6244.
2. GBP/JPY: long, flag @ 144.65, moved to 145.55.
3. USD/CAD: short, momentum @ 1.0643, moved to 1.0608.
We should have just stayed with the ideas pointed out - some good winners!
Happy Trading
FXLR Team
FXLR - Live Room Summary - Tues 26 January 2010
An eventful morning - with some technical problems in Dubai, to say the least., Members had their own chat until Daps finally arrived. Couple of trades calld in the afternoon session.
Total: +25 pips on the day.
1. USD/CAD: short, momentum @ 1.0612 (+8).
2. AUD/USD: long, momentum @ 0.8997 (+20, +14).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Mon 25 Jan 2010
A very quiet day. Probably the quietest since we began! Daps fell asleep and left in the afternoon, but manged to do the lunchtime video, which explained how quiet it was. No trades taken today.
Some good feedback on the new platform. www.FXLRmarkets.com. Pleased to see some guys using it. Everything all together - all markets, commodities, etc, all in your favourites is an excellent feature.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Fri 22 Jan 2010
A good day in the Room today. A few trades missed early on again (apologies), but some taken by members. Excellent Cable trades by most, with a fairly active afternoon. Room closed a little later than usual as well - we were having such a good time! New members quite active with chat. Welcome, guys.
Total: +71 pips on the day.
Trades called and taken in the Live Room:
1. GBP/USD: long, momentum @ 1.6273 (-25).
2. EUR/JPY: short, momentum @ 127.49 (+24, +28).
3. GBP/USD: short, momentum @ 1.6184 (+16, +12).
4. EUR/USD: short, momentum @ 1.4111 (+0).
5. GBP/USD: short, flag @ 1.6166 (+18, +16).
6. GBP/USD: short, flag @ 1.6117 (+10).
7. GBP/USD: short, momentum @ 1.6085 (+0).
8. GBP/JPY: short, triangle @ 145.03 (+22, +18).
9. EUR/JPY: short, momentum @ 127.39 (+18, 0).
10. USD/JPY: short, momentum @ 89.96 (+0).
Have a good weekend.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Thurs 21 Jan 2010
A good day today, despite missing the early trades. Good shorts taken early doors on Cable & Aussie by a fewq of the members. Well done, guys. We did very well, though, although we missed some decent flag breaks as it was Daps breaktime and he had nipped away from the screens. There were some big moves on USD-JPY, GBP-JPY, EUR-JPY, as some strength went in to the Yen accross the board. One or two members were in and out of Cable for more than +100 pips alone. Again, well done, guys.
Total: +125 pips on the day.
Actual Trades Taken in Live Room:
1. GBP/USD: short, channel @ 1.6243 (+20, +22).
2. USD/JPY: long, channel @ 91.68 (+0).
3. GBP/USD: short, flag @ 1.6199 (+12, +16).
4. USD/CAD: short, trendline @ 1.0507 (+11, +11).
5. AUD/USD: long, trendline @ 0.9085 (+11, +11).
6. EUR/JPY: short, flag @ 127.45 (+21, +27).
7. GBP/JPY: short, flag @ 146.48 (+25, 25).
8. USD/JPY: short, flag @ 90.40 (+16, +22).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Wed 20 Jan 2010
What a day. We were fluffing around early doors, only to miss a few obvious trades, with a few members filling their boots. Daps was being a bit over cautious as well. These things happen as other trades were missed. Not to worry. the set-ups mentioned did well, with members taking them. The two we called gave us a break even day, really. Tomorrow is a new day. Total: -2 pips on the day.
Trades taken in Live Room:
1. EUR/JPY: short, pennant @ 128.57 (-2).
2. AUD/USD: short, flag @ 0.9092 (+0).
Trade Ideas pointed out in Live Room taken by some members:
1. GBP/JPY: short, flag @ 147.91, moved to 147.57.
2. EUR/JPY: short, flag @ 129.05, moved to 128.74.
3. GBP/USD: short, flag @ 1.6268, moved to 1.6251.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Tues 19 Jan 2010
A quiet start, but a few moves as the session went on. A few more trades taken by members that we pointed out. Well done, guys. We made a total of +44 pips on the day.
Trades taken in Live Room:
1. USD/CAD: long, channel @ 1.0274 (+15, +19).
2. GBP/JPY: long, flag @ 149.23 (+17, +19).
3. USD/JPY: long, flag @ 91.22 (+9).
Trade Ideas pointed out in Live Room, taken by Members:
1. EUR/USD: short, flag @1.4319, moved to 1.4263.
2. USD.CHF: long, flag @ 1.0312, moved to 1.0353.
3. AUD/USD: long, trendline @ 0.9193, moved to 0.9243.
Happy Trading
FXLR Team
FXLR - Live Room Session
Training & Strategies - Monday 18 Jan 2010
There is a US holiday today so we will be going through various strategies and explain how we use various indicators to help with our levels.
Areas we will focus on will include, using the morning call, trading setups and managing a trade. We will also talk about trade management, for those who are newer to trading.
We’ll still be watching for break-outs etc, but won’t be using the normal levels we have set up.
See you at 7am for a chat from 7.30am UK time.
Kind regards,
FXLR Team