FXLR - Trades Update - Mon 6th July 2009

FXLR Daily Roundup – 6th July 2009

A fairly quiet day in the room. Not much going on. An early Cable trade brought a result, but we closed far too early after it stalled. Points on the board, and all that. Members held on - well done.


Summary

- Total: +49 pips.
- 6 Live Room trade calls; 4 wins, 1 breakeven, 1 loss.


Live room trades

GBP/USD - Short Call (+33 pips)
Live Room Call: Entry on the break of 1.6246
1st Level: 1.6222, +24 pips
2nd Level: 1.6204, +42 pips
Stop: 1.6271
(Allow few pips for slippage on entry/exit levels)

EUR/USD - Short Call (+7 pips)
Live Room Call: Entry on the break of 1.3950
1st Level: 1.3943, +7 pips
Stop: 1.3975
(Allow few pips for slippage on entry/exit levels)

EUR/USD - Short Call (+6 pips)
Live Room Call: Entry on the break of 1.3926
1st Level: 1.3920, +6 pips
Stop: 1.3951
(Allow few pips for slippage on entry/exit levels)

AUD/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 0.7899
1st Level: 0.7899, +0 pips
Stop: 0.7924
(Allow few pips for slippage on entry/exit levels)

GBP/USD - Short Call (+13 pips)
Live Room Call: Entry on the break of 1.6130
1st Level: 1.6104, +26 pips
2nd Level: 1.6130, +0 pips
Stop: 1.6155
(Allow few pips for slippage on entry/exit levels)

GBP/USD - Long Call (-10 pips)
Live Room Call: Entry on the break of 1.6140
1st Level: 1.6130, -10 pips
Stop: 1.6115
(Allow few pips for slippage on entry/exit levels)


Have a good evening.

FXLR team
www.forexliveroom.com