Blog

FXLR - Live Room Summary - Fri 30th April 2010

Just one trade today, the last day oif the trading week. Total: +24 pips on the day.
 
1.  GBP/USD: short, momentum @ 1.5349 (+19, +29).
 
We will not be open on Monday - it’s a UK Bank Holiday.  We will see you on Tuesday.

Have a good long weekend
Happy Trading
FXLR Team

FXLR - Live Room Summary - Thurs 29 April 2010

Two trades taken today by us, both we chopped.  Guys in the room did much better.  Well done.  We were very unlucky on both trades. Total: -40 pips on the day.

Two trades taken in live room:

1.  EUR/USD: short, flag @ 1.3214 (-20).
2.  GBP/USD: short, flag @ 1.5231 (-20).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Wed 28th April 2010

Not a good month, really.  We were due for one, we suppose. Total: -26 pips.

3 trades taken in room today:
 
1.  EUR/USD: short, momentum @ 1.3179 (-20).
2.  USD/JPY: long, ascending triangle @ 93.37 (+15, +13).
3.  EUR/USD: short, flag @ 1.3129 (-20).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Tues 27th April 2010

A fairly chatty day in the end. One of the Cable trades changed its appearance quite drastically, so we chopped it.  But not a bad day, with a total of +33 pips on the day.

Actual trades taken in Live Room:
 
1.  GBP/USD: short, flag @ 1.5349 (b/e).
2.  USD/CHF: short, double top @ 1.0782 (+16, +16).
3.  GBP/USD: long, double bottom @ 1.5351 (-20).
4.  GBP/USD: short, momentum @ 1.5320 (+15, +17).
5.  EUR/JPY: short, flag @ 122.95 (+21, +22).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Mon 26th April 2010

Not the best start to the week, with the second Euro short reversing and showing a not so friendly pattern. We’ll make up for this tomorrow. Total: -14 pips on the day.

Actual trades taken in the live room:
 
1.  USD/USD: short, channel @ 0.9980 (-14).
2.  EUR/USD: short, momentum @ 1.3324 (+21, +19).
3.  EUR/USD: short, rising wedge @ 1.3315 (-20).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Fri 23 April 2010

A fairly nice end to the week. Some good chat in the room, too. Total: +36 pips on the day.

Atual trades taken in the Live Room today:
 
1.  USD/CAD: short, channel @ 1.0010 (+16, +18).
2.  USD/CHF: short, channel @ 1.0815 (+4).
3.  USD/JPY: long, channel @ 93.54 (+16, +14).

Have a good weekend.
Happy Trading
FXLR Team

FXLR - Live Room Summary - Thurs 22 April 2010

A day of missed opportunities.  Everything we pointed out was a good trade except the one we actually took. Total: -20 pips on the day.

Trade taken in the room:
 
1.  USD/CAD:  short, momentum @ 0.9964 (-20).
 
Some missed opportunities that were highlighted:
 
1. Aussie trendline break at 0.9286 for around 30 pips
2. Euro flag break at 1.3357 for 25 pips
3. Cable momentum play at 1.5412 for 25 pips
4. GBP/JPY double top break at 142.82 for 35 pips.

Well done to the guys who took them and other decent trades.

Happy Trading
FXLR Team

FXLR - Live Room Summary - Wed 21st April 2010

No trades taken today.  Nothing really stood out.

Happy Trading
FXLR Team

FXLR - Live Room Summary - Tues 20th April 2010

The day started better than it finished, with two ni ce trades.  The last trade reversed, rather unfortunately. Total: -7 pips.

Trades taken in the live room today:
 
1.  GBP/USD: short, trendline @ 1.5404 (+16, +18).
2.  EUR/USD: short, momentum @ 1.3472 (+15, +15).
3.  AUD/USD: short, rising wedge @ 0.9296 (-14).
4.  GBP/USD: short, momentum @ 1.5340 (-25).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Mon 19th April 2010

Not the best start to the week.  the best trade today was the Cable trade we ended up with.  The previous Cable short had looked a decent trade but changed direction.  It came good again, which we took. Total: -2 pips.

Actual Trades taken in the Live Room today:
 
1.  GBP/USD: short, momentum @ 1.5208 (+4).
2.  USD/CAD: short, double top @ 1.0192 (+16, +10).
3.  GBP/USD: short, trendline @ 1.5232 (-25).
4.  EUR/USD: short, momentum @ 1.3418 (-14).
5.  GBP/USD: short, trendline @ 1.5282 (+21, +19).

Happy Trading
FXLR Team