FXLR - Trades Update - Mon 01Jun09

FXLR Daily Roundup - 1st June 2009

A nice chatty day in the room, albeit on the texting from 10am UK time.

Summary

- 3 Live Room trade calls; 2 wins, 1 loss.
- No Intra-day trade call.


Live room trades
EUR/USD - Long Call (+35 pips)
Trade: Momentum
Live Room Call: Entry on the break of 1.4168
1st Level: 1.4190, +22 pips
2nd Level: 1.4216, +48 pips
Stop: 1.4143
(Allow few pips for slippage on entry/exit levels)

USD/CAD - Short Call (-22 pips)
Trade: Flag
Live Room Call: Entry on the break of 1.0803
1st Level: 1.0825, -22 pips
Stop: 1.0825
(Allow few pips for slippage on entry/exit levels)

USD/JPY - Long Call (+56 pips)
Trade: Flag
Live Room Call: Entry on the break of 95.69
1st Level: 95.91, +22 pips
2nd Level: 96.59, +90 pips
Stop: 95.46
(Allow few pips for slippage on entry/exit levels)


Intra-day trades

No trade alerts.


Have a good evening.

FXLR team
www.forexliveroom.com