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March 31, 2010

FXLR - Live Room Summary - Wed 31st March 2010

Filed under: Uncategorized — editor @ 7:25 pm

FXLR - Live Room Summary - Wed 31st March 2010

We are glad March is out of the way, as it hasn’t been the best week.  But we still bagged some +242 pips for March, so not too bad.

Just one trade taken in the room today.  It looked good but then unfortunately reversed, still appearing to be a good one with a pull back.  Unfortunatly it had to be chopped. Total: -25 pips on the day.

Actual trade taken in Room today.
 
1.  GBP/USD: short, momentum @ 1.5129 (-25).

Happy Trading
FXLR Team

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March 30, 2010

FXLR - Live Room Summary - Tues 30th March 2010

Filed under: Uncategorized — editor @ 7:27 pm

FXLR - Live Room Summary - Tues 30th March 2010

Five trades taken in the room today.  Congratulations to the guys who took profits on the last three.  We had hoped for more. Total: -19 pips on the day.

Trades taken in the Room today:
 
1.  USD/CAD: short, descending triangle @ 1.0179 (-11).
2.  GBP/JPY: short, rising wedge @ 139.50 (-25).
3.  AUD/USD: short, trendline @ 0.9194 (+16, +18).
4.  USD/JPY: short, head and shoulders @ 92.77 (b/e).
5.  GBP/USD: short, head and houlders @ 1.5071 (b/e).

Happy Trading
FXLR Team

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March 29, 2010

FXLR - Live Room Summary - Mon 29th March 2010

Filed under: Uncategorized — editor @ 7:10 pm

FXLR - Live Room Summary - Mon 29th March 2010

Not the best start to the week.  Just two trades taken that turned on us.  The first was a decent opportunity where we could have bagged a few pips, but it changed appearance and we decided to chop at break even.  The 2nd was a nice set up, as well. Not to worry. Total: -25 pips.

Actual trades taken in the room today:

1.  GBP/JPY: short, momentum @ 138.51 (b/e).
2.  AUD/USD: short, trendline @ 0.9144 (-25).

Happy Trading
FXLR Team

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March 26, 2010

FXLR - Live Room Summary - Fri 26th March 2010

Filed under: Uncategorized — editor @ 6:58 pm

FXLR - Live Room Summary - Fri 26th March 2010

A few trades today - the end of the week.  Early ones just fizzled out so we chopped at break even. The day finished better.  Just a small loss on the day. Total: - 5pips on the day.

Actual trades taken in the Live Room:
 
1.  USD/CAD: long, momentum @ 1.0260 (b/e).
2.  AUD/USD: short, momentum @ 0.9054 (b/e).
3.  AUD/USD: short, flag @ 0.9030 (-10).
4.  EUR/USD: short, momentum @ 1.3348 (-25).
5.  GBP/USD: short, double top @ 1.4888 (+18, +32).
6.  EUR/USD: short, head and shoulders @ 1.3388 (+5).

Happy Trading
FXLR Team

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March 25, 2010

FXLR - Live Room Summary - Thurs 25th March 2010

FXLR - Live Room Summary - Thurs 25th March 2010

Lots of chat in the room today.  Some great set ups pointed out and some good banter.  Thoroughly enjoyable.  Total: +39 pips on the day.

Actual trades taken in the Live Room:
 
1.  USD/CHF: short, double top @ 1.0698 (+3).
2.  USD/CAD: short, momentum @ 1.0205 (+10, 0).
3.  GBP/USD: short, momentum @ 1.4935 (+14, 0).
4.  EUR/USD: short, rising wedge @ 1.3350 (+10, 0).
5.  EUR/USD: short, rising channel @ 1.3318 (+16, +22).

Happy Trading
FXLR Team

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March 24, 2010

FXLR - Live Room Summary - Wed 24th March 2010

FXLR - Live Room Summary - Wed 24th March 2010

An active day with quite a few trades.  Two stopped out that had looked very good.  We should have been quicker!  But other trades ok and some guys took some beauties.  And other trade set ups mentioned came off as well.  But two guys chased a trade and came unstuck. Be careful guys.  Not the best day but many did well. Total: -10 pips on the day.

Actual trades taken in room:
 
1.  EUR/USD: long, double bottom @ 1.3435 (b/e).
2.  EUR/JPY: long, flag @ 122.64 (+12, +0).
3.  USD/CHF: short, rising channel @ 1.0687 (+16, +10).
4.  GBP/JPY: short, head and shoulders @ 136.72 (-25).
5.  EUR/JPY: short, double top @ 122.55 (+22, +20).
6.  EUR/USD: short, descening triangle @ 1.3328 (-25).

Happy Trading
FXLR Team

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March 23, 2010

FXLR - Live Room Summary - Tues 23rd March 2010

FXLR - Live Room Summary - Tues 23rd March 2010

A great day for everyone except us, it seems.  We wee the only ones who didn’t get most of that Cable short.  Shame about the first trade but others ok.  Some in room did very well.  Excellent, guys - good stuff. Total: -4 pips on the day.

Trades taken in the Live Room:
 
1.  USD/JPY: short, channel @ 90.22 (-17).
2.  USD/JPY: short, double top @ 90.29 (-6).
3.  GBP/USD: short, rising wedge @ 1.5062 (+16, +22).
4.  GBP/USD: short, flag @ 1.5033 (+0).

Happy Trading
FXLR Team

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March 22, 2010

FXLR - Live Room Summary - Mon 22nd March 2010

FXLR - Live Room Summary - Mon 22nd March 2010

A nice start to the week.  Just three trades taken, with all netting a few pips.  Total: +55 pips on the day.

Actual trades called and taken in the Live Room:
 
1.  GBP/USD: long, inverted head and shoulders @ 1.4975 (+18, +18).
2.  USD/JPY: short, channel @ 90.45 (+19, +33).
3.  USD/JPY: short, momentum @ 90.10 (+13, +9).

Happy Trading
FXLR Team

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March 19, 2010

FXLR - Live Room Summary - Fri 19th March 2010

FXLR - Live Room Summary - Fri 19th March 2010

A great day in the Live Room for many.  Cable channel 1.5127 - 68 for short on break of 1.5127 heads up giveb before Daps’ break worked perfectly (it broke when Daps was away - and was taken by many). The move was over 100+ pips, pretty direct. A few flags developed along the way. Excellent trade, guys. We only took one of the breaks when Daps was back.  Total: +20 pips on the day.

Trade called and taken in Live Room:

1.  GBP/USD: short, channel @ 1.5168 (+22, +18).

Have a good weekend.
Happy Trading
FXLR Team

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March 18, 2010

FXLR - Live Room Summary - Thurs 18th March 2010

FXLR - Live Room Summary - Thurs 18th March 2010

A so-so day today, but some nice chat in the room.  An early close to the room due to personal reasons for Daps aswell, unfortunately.  We may close a little early tomorrow for the same reason.  We’ll be rolling back to normal next week.  Not a too bad day, though, with 4 decent winning trades and one unlucky stop.  Total: +32 pips on the day.

Actual trades called and taken in the Live Room:

1.  GBP/USD: short, momentum @ 1.5270 (+16, 0).
2.  EUR/JPY: short, momentum @ 123.09 (+22, 0).
3.  EUR/JPY: short, momentum @ 122.80 (-25).
4.  AUD/USD: short, rising wedge @ 0.9211 (+20, +16).
5.  EUR/USD: short, trendline @ 1.3646 (+18, +20).

Happy Trading,
FXLR Team

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