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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