FXLR - Trades Update - Wed 27May09

FXLR Daily Roundup – 27th May 2009

Another long day in the Live Room. The all-day sessions are providing some decent feedback, with the chat all day being popular. The trading suffered today, though, with decent level breaks soon reversing after profit. A few guys in the room had a good Cable trade early doors, with up to +39 pips taken on the first trade of the day. There were no intra-day trades. This was one of those days we would like to forget from the trading points of view, with two losses.

Summary

- 6 Live Room trade calls; 1 win, 3 breakevens, 2 losses.
- No Intra-day trade calls.


Live room trades

GBP/USD - Long Call (+9 pips)
Live Room Call: Entry on the break of 1.5979
1st Level: 1.5998, +19 pips
2nd Level: 1.5979, +0 pips
Stop: 1.5954
(Allow few pips for slippage on entry/exit levels)

AUD/USD - Long Call (-25 pips)
Live Room Call: Entry on the break of 0.7872
1st Level: 0.7847, -25 pips
Stop: 0.7747
(Allow few pips for slippage on entry/exit levels)

GBP/JPY - Long Call (-26 pips)
Live Room Call: Entry on the break of 152.78
1st Level: 152.52, -26 pips
Stop: 152.52

GBP/USD - Long Call (+0 pips)
Live Room Call: Entry on the break of 1.6032
1st Level: 1.6032, +0 pips
Stop: 1.6005
(Allow few pips for slippage on entry/exit levels)

EUR/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.3885
1st Level: 1.3885, +0 pips
Stop: 1.3910
(Allow few pips for slippage on entry/exit levels)

USD/CAD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1104
1st Level: 1.1104, +0 pips
Stop: 1.1130
(Allow few pips for slippage on entry/exit levels)


Intra-day trades

No trade alerts.


Have a good evening.

FXLR team
www.forexliveroom.com