FXLR - Trades Update - Wed 8th July 2009

FXLR Daily Roundup – 8th July 2009

Well, we thought paint was drying quicker than the market this morning. The early swift run with the green back was short-lived, then things went in to a coma. Well, almost. But, just as we were all losing heart, things picked up, with a decent trade being picked later on - +148 pips on the 2nd close. Some members bagged over +250 pips today. Nice. Anyway, despite the hype we still have our feet on the ground. Tomorrow is another day.


Summary

- Total: +62 pips.
- 3 Live Room trade calls; 1 win, 1 breakeven, 1 loss.

Live room trades

AUD/USD - Long Call (-25 pips)
Live Room Call: Entry on the break of 0.7888
1st Level: 0.7863, -25 pips
Stop: 0.7863
(Allow few pips for slippage on entry/exit levels)

GBP/JPY - Short Call (+87 pips)
Live Room Call: Entry on the break of 149.15
1st Level: 148.89, +26 pips
2nd Level: 147.67, +148 pips
Stop: 149.40
(Allow few pips for slippage on entry/exit levels)

GBP/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.5995
1st Level: 1.5995, +0 pips
Stop: 1.6020
(Allow few pips for slippage on entry/exit levels)


Have a good evening.

FXLR team
www.forexliveroom.com