FXLR - Trdaes Update - Tues 02Jun09

FXLR Daily Roundup – 2nd June 2009

Another nice long day with the Live Room open - lots of chat. Very enjoyable.

Trade Summary

- 4 Live Room trade calls; 1 win, 1 breakeven, 2 losses.
- No Intra-day trade call.


Live room trades

GBP/USD - Short Call (-27 pips)
Trade: Flag
Live Room Call: Entry on the break of 1.6381
1st Level: 1.6408, -27 pips
Stop: 1.6408
(Allow few pips for slippage on entry/exit levels)

AUD/USD - Short Call (-26 pips)
Trade: Head and Shoulders
Live Room Call: Entry on the break of 0.8059
1st Level: 0.8085, -26 pips
Stop: 0.8085
(Allow few pips for slippage on entry/exit levels)

USD/JPY - Long Call (+22 pips)
Trade: Flag
Live Room Call: Entry on the break of 95.79
1st Level: 95.61, +18 pips
2nd Level: 95.52, +27 pips
Stop: 96.04
(Allow few pips for slippage on entry/exit levels)

AUD/USD - Long Call (+0 pips)
Trade: Flag
Live Room Call: Entry on the break of 0.8218
1st Level: 0.8218 +0 pips
Stop: 0.8210
(Allow few pips for slippage on entry/exit levels)


Intra-day trades

No trade alerts.


Have a good evening.

FXLR team
www.forexliveroom.com