Dear Members.
FXLR - Live Room Two Week Closure - Summer Break
We will be closed for the next two weeks for a summer break. The team need some rest & recreation - time to recouperate.
Next week, 2nd - 6th August, we’ll still be sending out the morning call, but the room will be closed.
Theer will be no morning call or live room the following week - 9th-13th August.
The Live Room will reopen again on Mon 16th August.
Enjoy the summer break!
Happy Trading
FXLR Team
FXLR - Live Room Summary - Fri 30th July 2010
We’re glad the week & month is over, personally. The first two weeks of the month were very good, with a decent rise in the bank again. Some guys have done even better, which we applaud. Some good mentions and scalps taken. Long-term we are doing very well, as expected, and even this month was ok in the end. Check the charts. But today the 2nd and 3rd trades didn’t do well, so we just chopped them. Unlucky on one of them, as well. Total: -28 pips. Next week is a new month.
Trades taken in live room today:
1. USD/CHF: long, retracement S1 @ 1.0374 (+12).
2. AUD/USD: short, retracement R2 @ 0.9040 (-20).
3. GBP/USD: short, retracement R2 @ 1.5659 (-20).
Have a good weekend.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Thurs 29th July 2010
Two trades taken in the room today - first one we chopped and the second one we took +11 pips on half. Some guys did well again - with one longer trade and some decent scalps. We should taken more notice of you guys more! ;-) Total: -15 pips on the day.
Actualy trades taken in the live room today:
1. EUR/USD: short, retracement R1 @ 1.3027 (-20).
2. AUD/USD, short, retracement R4 @ 0.9035 (+11, b/e).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Wed 28th July 2010
Two trades taken today in the live room. The first netted us +20 pips, the second was chopped. Total: +0 pips on the day.
Actual trades taken in the live room:
1. USD/JPY: short, trendline @ 87.90 (+20).
2. GBP/USD: short, momentum @ 1.5597 (-20).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Tues 27th July 2010
Quite a laugh in the room today. A few jokes bantying around. Quite a few scalps takenb as well as main trades. Total: +30 pips on the day.
Actual trades taken in live room:
1. EUR/USD: short, trendline @ 1.2984 (+9).
2. AUD/USD: short, retracement R1 @ 0.9031 (b/e).
3. GBP/USD: long, retracement S1 @ 1.5453 (+10).
4. USD/CAD: long retracement S2 @ 1.0275 (-2).
5. GBP/USD: short, retracement R2 @ 1.5561 (+13).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Mon 26th July 2010
Not a good start to the week for us, unfortuantely. The 2nd and 3rd tardes we chopped. very unlucky on the chops as well. Some did well holding. Total: -28 pips on the day.
1. GBP/USD: short, retracement R2 @ 1.5484 (+12).
2. EUR/JPY: short, rising support @ 112.36 (-20).
3. GBP/USD: short, trendline @ 1.5463 (-20).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Fri 23rd July 2010
After an unlucky start the week ended quite well as the ext two tardes were very good, as well as a few scalps taken by the usual suspects in the live room. Well done, guys. Total +13 pips on the day.
Actual trades taken in the live room:
1. GBP/USD: short, retracement R2 @ 1.5333 (-20).
2. GBP/USD: short, rising support @ 1.5429 (+18, +20).
3. EUR/USD: short, momentum @ 1.2920 (+13, +15).
Have a good weekend.
Happy Trading
FXLR Team
FXLR - Live Room Summary - Thurs 22nd July 2010
A total of four trades taken today in the live room. Very unlucky on the first and last - they both looked cert trades. All agreed oin that as they were nice set ups. Still, not to worry, there were a few scalps taken as well by guys in the room. Total: -14 pips on the day.
Trades taken in live room:
1. EUR/USD: short, retracement R1 @ 1.2806 (-20).
2. GBP/USD: short, trendline @ 1.5275 (+17, +23).
3. EUR/USD: short, trendline @ 1.2860 (+6).
4. AUD/USD: short, retracement R5 (-20).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Wed 21st July 2010
Two small trades taken today - Total: +15 pips on the day.
Actual trades taken in live room:
1. GBP/USD: short, retracement R1 @ 1.5312 (+8).
2. USD/CHF: long, retracement S1 @ 1.0504 (+7).
Happy Trading
FXLR Team
FXLR - Live Room Summary - Tues 20th July 2010
The live room was closed today due to unforeseen circumstances and family problems. See you tomorrow.
Happy Trading
FXLR Team