Blog

FXLR - Live Room Summary - Mon 31st May 2010

It is a UK Bank Holiday today - so the Live Room was closed.  We hope you are enjoying the extended weekend.

Happy Trading
FXLR Team

FXLR - Live Room Summary - Fri 28th May 2010

One decent trade to start, followed by two that turned wrong, despoiute looking decent opportunities.  Not the best month, this month, but these things happen.  Total: -20 pips on the day.

Actual trades taken in the Live Room:

1.  USD/CAD: short, channel @ 1.0475 (+19, +21).
2.  USD/JPY: short, rising support @ 91.13 (-20).
3.  GBP/USD: short, flag @ 1.4448 (-20).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Thurs 27th May 2010

A small profit today due to the middle trade turning poor.  Left it too late to grab some profit. Total: +3 pips on the day.

Actual trades taken in the live room:

1.  EUR/USD: short, trendline @ 1.2287 (+7).
2.  AUD/USD: short, double top @ 0.8333 (-20).
3.  EUR/USD: short, momentum @ 1.2225 (+17, +15).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Wed 26th May 2010

Just one trade today called.  Shame we didn’t take the initial profit.  Not to worry.  Well done to those who did. Also a few scalps taken. Not official calls, though.  Total: -20 pips on the day.

Actual trade taken in the Live Room:

1.  EUR/USD: short, momentum @ 1.2229 (-20).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Tues 25th May 2010

A buiser day - and even busier for a few of the guys.  A few stops, though, which we chopped maybe too early. Total: -23 pips on the day.

Actual trades taken in the Live Room:

1.  EUR/USD: short, pennant @ 1.2228 (+19, +26).
2.  GBP/USD: short, momentum @ 1.4272 (+7).
3.  GBP/USD: short, momentum @ 1.4260 (-20).
4.  EUR/JPY: short, descending triangle @ 108.85 (-24).
5.  USD/CAD: short, double top @ 1.0776 (+14, +10).
6.  GBP/USD: short, momentum @ 1.4341 (-20).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Mon 24th May 2010

A good first trade, then an unlucky one.  Finished chopping the final trade at break even although a few of the guys did well on it.  Good stuff.  Just a total: +2 pips on the day.

Actual trades taken in live room:

1.  EUR/USD: short, channel @ 1.2478 (+16, +28).
2.  USD/CHF: short, rising support @ 1.1582 (-20).
3.  EUR/USD: long, double bottom @ 1.2403 (b/e).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Fri 21st May 2010

And earlier trade got us +20 on the first half, then closed second half at break even. Unlucky on next two, which had looked dedent trades when taken.  Stopped and then they came good.  Typical. Total: -30 pips.

Actual trades taken in the live room:

1.  EUR/USD: short, momentum @ 1.2557 (+20, b/e).
2.  AUD/USD: short, momentum @ 0.8269 (-20).
3.  USD/CAD: short, momentum @ 1.0610 (-20).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Thurs 20th May 2010

A chatty day in the room, with some good input from some of the guys again.  Only three trades taken by us, but more good ones from the usual bunch. Well done, guys.  Total: +56 pips on the day.

Actual Trades taken in the Live Room:

1.  GBP/USD: short, rising support @ 1.4348 (+16, +13).
2.  USD/JPY: short, flag @ 90.00 (+17, +25).
3.  USD/CAD: short, trendline @ 1.0664 (+16, +26).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Wed 19 May 2010

Just a couple of official trades taken today.  Guys in the room grabbed more.   Some nice long-term positions being held by one or two members.  Good stuff, guys. Total: +23 pips on the day.

Actual trades taken in Live Room today:

1.  USD/JPY: short, channel @ 91.76 (+12, +18).
2.  GBP/USD: short, channel @ 1.4253 (+8).

Happy Trading
FXLR Team

FXLR - Live Room Summary - Tues 18 May 2010

A fairly quiet day on the trading front.  A few scalps taken by guys in the room.  Well done.  No official trades taken today.

We did speak about the Dukascopy trading platform in the room, though.  Spoke at some depth.  An email will be sent round soon with a video link showing how easy the platform is to use.  Don’t forget, FXLR have organised a rebate on trades made with Dukas.  The tightest spreads seen - just check them out.  Trades from as little as 10p per pip now. Read more at http://www.forexliveroom.com/dukas.html.

Happy Trading
FXLR Team