FXLR - Trades Updates - Thurs 04Jun09

FXLR Daily Roundup – 4th June 2009

Summary

- 4 Live Room trade calls; 4 wins.
- No Intra-day trade call.


Live room trades

USD/CAD - Short Call (+25 pips)
Trade: Double Top
Live Room Call: Entry on the break of 1.1073
1st Level: 1.1060, +13 pips
2nd Level: 1.1036, +37 pips
Stop: 1.1100
(Allow few pips for slippage on entry/exit levels)

GBP/USD - Short Call (+26 pips)
Trade: Trendline
Live Room Call: Entry on the break of 1.6222
1st Level: 1.6202, +20 pips
2nd Level: 1.6190, +32 pips
Stop: 1.6242
(Allow few pips for slippage on entry/exit levels)

GBP/JPY - Short Call (+35 pips)
Trade: Trendline
Live Room Call: Entry on the break of 156.31
1st Level: 156.03, +28 pips
2nd Level: 155.89, +42 pips
Stop: 156.55
(Allow few pips for slippage on entry/exit levels)

EUR/USD - Short Call (+9 pips)
Trade: Trendline
Live Room Call: Entry on the break of 1.4176
1st Level: 1.4158, +18 pips
2nd Level: 1.4176, +0 pips
Stop: 1.4202
(Allow few pips for slippage on entry/exit levels)


Intra-day trades

No trade alerts.


Have a good evening.

FXLR team
www.forexliveroom.com