FXLR - Trades Updates - Mon 08Jun09

FXLR Daily Roundup – 8th June 2009

A good day in the room today, despite the -25 loss on one trade. There were mny other trades taken early doors, with one or two members having 7 or 8 trades on Cable - all winning trades. Following cable up to 1.6060, with longs and shorts all the way. Well done, guys.

Summary

- 5 Live Room trade calls; 3 wins, 2 losses.


Live room trades

EUR/USD - Short Call (+23 pips)
Trade: Flag
Live Room Call: Entry on the break of 1.3889
1st Level: 1.3864, +15 pips
2nd Level: 1.3858, +31 pips
Stop: 1.3915
(Allow few pips for slippage on entry/exit levels)

AUD/USD - Short Call (+17 pips)
Trade: Flag
Live Room Call: Entry on the break of 0.7860
1st Level: 0.7840, +20 pips
2nd Level: 0.7846, +14 pips
Stop: 0.7885
(Allow few pips for slippage on entry/exit levels)

GBP/USD - Long Call (-25 pips)
SMS pre-alert
Trade: Double Bottom
Live Room Call: Entry on the break of 1.5868
1st Level: 1.5843, -25 pips
Stop: 1.5843
(Allow few pips for slippage on entry/exit levels)

EUR/USD - Short Call (+10 pips)
Trade: Flag
Live Room Call: Entry on the break of 1.3849
1st Level: 1.3829, +20 pips
2nd Level: 1.849, +0 pips
Stop: 1.3875
(Allow few pips for slippage on entry/exit levels)

EUR/JPY - Short Call (-10 pips)
Trade: Flag
Live Room Call: Entry on the break of 136.38
1st Level: 136.48, -10 pips
Stop: 136.63
(Allow few pips for slippage on entry/exit levels)


Have a good evening.

FXLR team
www.forexliveroom.com