FXLR Daily Roundup – 29th May 2009
Summary
- 11 Live Room trade calls; 6 wins, 2 breakevens, 3 losses.
- 1 Intra-day trade call; 1 loss.
Live room trades
GBP/USD - Long Call (+22 pips)
Trade: Momentum
Live Room Call: Entry on the break of 1.6016
1st Level: 1.6040, +24 pips
2nd Level: 1.6036, +20 pips
Stop: 1.5991
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Short Call (+26 pips)
Trade: Momentum
Live Room Call: Entry on the break of 1.1096
1st Level: 1.1070, +26 pips
2nd Level: 1.1070, +26 pips
Stop: 1.1120
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Long Call (-6pips)
Trade: Ascending triangle
Live Room Call: Entry on the break of 1.4013
1st Level: 1.4007, -6 pips
Stop: 1.3988
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (+0 pips)
Trade: Flag
Live Room Call: Entry on the break of 1.0748
1st Level: 1.0748, +0 pips
Stop: 1.0765
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Short Call (+0 pips)
Trade: Flag
Live Room Call: Entry on the break of 95.96
1st Level: 95.96, +0 pips
Stop: 96.12
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Long Call (+8 pips)
Trade: Flag
Live Room Call: Entry on the break of 1.4108
1st Level: 1.4124, +16 pips
2nd Level: 1.4108, +0 pips
Stop: 1.4090
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (-6 pips)
Trade: Flag
Live Room Call: Entry on the break of 1.0718
1st Level: 1.0724, -6 pips
Stop: 1.0735
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (+22 pips)
Trade: Trendline break
Live Room Call: Entry on the break of 1.6155
1st Level: 1.6135, +20 pips
2nd Level: 1.6131, +24 pips
Stop: 1.6180
(Allow few pips for slippage on entry/exit levels)
AUD/USD - Short Call (+20 pips)
Trade: Trendline break
Live Room Call: Entry on the break of 0.7986
1st Level: 0.7966, +20 pips
2nd Level: 0.7966, +20 pips
Stop: 0.8011
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Short Call (+22 pips)
Trade: Descending triangle
Live Room Call: Entry on the break of 1.0983
1st Level: 1.0967, +16 pips
2nd Level: 1.0955, +28 pips
Stop: 1.1008
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (-6 pips)
Trade: Double top
Live Room Call: Entry on the break of 1.6118
1st Level: 1.6124, -6 pips
Stop: 1.6145
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
USD/JPY - Short trade closed (-10 pips)
Trade: Descending triangle
Opened Short: USD/JPY@ 95.68
Stop level: 95.98
Target level: 95.15
Closed 95.78 (-10 pips)
Have a good weekend.
FXLR team
www.forexliveroom.com
Friday, 29 May 2009
Thursday, 28 May 2009
FXLR - Trades Update - Thurs 28May09
FXLR Daily Roundup – 28th May 2009
Summary
- 2 Live Room trade calls; 2 wins.
- 1 Intra-day trade call; 1 win.
Live room trades
GBP/USD - Short Call (+12 pips)
Live Room Call: Entry on the break of 1.5895
1st Level: 1.5871, +24 pips
2nd Level: 1.5895, +0 pips
Stop: 1.5920
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+10 pips)
Live Room Call: Entry on the break of 1.5958
1st Level: 1.5978, +20 pips
2nd Level: 1.5958, +0 pips
Stop: 1.5933
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/JPY - Short trade closed (+9 pips, ave.)
Opened Short: GBP/JPY@ 154.12
Stop level: 154.45
Target level: 152.50
Closed: 154.12 (1/2: +18, 1/2: +0)
Half closed at 153.94
Have a good evening.
FXLR team
www.forexliveroom.com
Summary
- 2 Live Room trade calls; 2 wins.
- 1 Intra-day trade call; 1 win.
Live room trades
GBP/USD - Short Call (+12 pips)
Live Room Call: Entry on the break of 1.5895
1st Level: 1.5871, +24 pips
2nd Level: 1.5895, +0 pips
Stop: 1.5920
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+10 pips)
Live Room Call: Entry on the break of 1.5958
1st Level: 1.5978, +20 pips
2nd Level: 1.5958, +0 pips
Stop: 1.5933
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/JPY - Short trade closed (+9 pips, ave.)
Opened Short: GBP/JPY@ 154.12
Stop level: 154.45
Target level: 152.50
Closed: 154.12 (1/2: +18, 1/2: +0)
Half closed at 153.94
Have a good evening.
FXLR team
www.forexliveroom.com
Wednesday, 27 May 2009
Stock Market Update - Wed 27May09
The FTSE has a Directionless Session, Finishing Flat
The FTSE100 closed up 4 points at 4,416, whilst the FTSE 250 closed up 58 points at 7,588, and for those that are interested the FTSE Small Caps closed up 5 points at 2,255. The bigger blue chips were range-bound for the day, really, with the fairly buoyant travel and leisure companies, together with the supermarkets, helping offset some of the banks and miners' performance.
Over the pond, Wall Street got off to a fairly cautious start, with more concern over the fate of General Motors causing concern. Most US stocks were lower in morning trade, with data showing pre-owned home sales up 2.9% in April, which was as expected, but home prices had fallen in March. By the time London closed, the DJIA was down about 21 points at 8,452, whilst the S&P 500 was just about even at 910, and the Nasdaq was up around 11 points at 1,762.
The FTSE100 closed up 4 points at 4,416, whilst the FTSE 250 closed up 58 points at 7,588, and for those that are interested the FTSE Small Caps closed up 5 points at 2,255. The bigger blue chips were range-bound for the day, really, with the fairly buoyant travel and leisure companies, together with the supermarkets, helping offset some of the banks and miners' performance.
Over the pond, Wall Street got off to a fairly cautious start, with more concern over the fate of General Motors causing concern. Most US stocks were lower in morning trade, with data showing pre-owned home sales up 2.9% in April, which was as expected, but home prices had fallen in March. By the time London closed, the DJIA was down about 21 points at 8,452, whilst the S&P 500 was just about even at 910, and the Nasdaq was up around 11 points at 1,762.
FXLR - Trades Update - Wed 27May09
FXLR Daily Roundup – 27th May 2009
Another long day in the Live Room. The all-day sessions are providing some decent feedback, with the chat all day being popular. The trading suffered today, though, with decent level breaks soon reversing after profit. A few guys in the room had a good Cable trade early doors, with up to +39 pips taken on the first trade of the day. There were no intra-day trades. This was one of those days we would like to forget from the trading points of view, with two losses.
Summary
- 6 Live Room trade calls; 1 win, 3 breakevens, 2 losses.
- No Intra-day trade calls.
Live room trades
GBP/USD - Long Call (+9 pips)
Live Room Call: Entry on the break of 1.5979
1st Level: 1.5998, +19 pips
2nd Level: 1.5979, +0 pips
Stop: 1.5954
(Allow few pips for slippage on entry/exit levels)
AUD/USD - Long Call (-25 pips)
Live Room Call: Entry on the break of 0.7872
1st Level: 0.7847, -25 pips
Stop: 0.7747
(Allow few pips for slippage on entry/exit levels)
GBP/JPY - Long Call (-26 pips)
Live Room Call: Entry on the break of 152.78
1st Level: 152.52, -26 pips
Stop: 152.52
GBP/USD - Long Call (+0 pips)
Live Room Call: Entry on the break of 1.6032
1st Level: 1.6032, +0 pips
Stop: 1.6005
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.3885
1st Level: 1.3885, +0 pips
Stop: 1.3910
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1104
1st Level: 1.1104, +0 pips
Stop: 1.1130
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
No trade alerts.
Have a good evening.
FXLR team
www.forexliveroom.com
Another long day in the Live Room. The all-day sessions are providing some decent feedback, with the chat all day being popular. The trading suffered today, though, with decent level breaks soon reversing after profit. A few guys in the room had a good Cable trade early doors, with up to +39 pips taken on the first trade of the day. There were no intra-day trades. This was one of those days we would like to forget from the trading points of view, with two losses.
Summary
- 6 Live Room trade calls; 1 win, 3 breakevens, 2 losses.
- No Intra-day trade calls.
Live room trades
GBP/USD - Long Call (+9 pips)
Live Room Call: Entry on the break of 1.5979
1st Level: 1.5998, +19 pips
2nd Level: 1.5979, +0 pips
Stop: 1.5954
(Allow few pips for slippage on entry/exit levels)
AUD/USD - Long Call (-25 pips)
Live Room Call: Entry on the break of 0.7872
1st Level: 0.7847, -25 pips
Stop: 0.7747
(Allow few pips for slippage on entry/exit levels)
GBP/JPY - Long Call (-26 pips)
Live Room Call: Entry on the break of 152.78
1st Level: 152.52, -26 pips
Stop: 152.52
GBP/USD - Long Call (+0 pips)
Live Room Call: Entry on the break of 1.6032
1st Level: 1.6032, +0 pips
Stop: 1.6005
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.3885
1st Level: 1.3885, +0 pips
Stop: 1.3910
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1104
1st Level: 1.1104, +0 pips
Stop: 1.1130
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
No trade alerts.
Have a good evening.
FXLR team
www.forexliveroom.com
Forex Market Update - London - Wed 27May09
FXLR - Forex Report - London Session
Sterling did well this morning, with a few tries at 1.60 finally seeing a breakthrough, with STG hitting a 7-month high. It was also up against the Euro. However, with the pound still around 30% weaker against the EUR, and 20% weaker against the USD coimpared to the highs reached 18 months ago, we could speculate that the good news isn't quite that good, and a correction could come later today or tomorrow.
The Yen crosses weren't as busy this morning. Both USD/JPY and EUR/USD are currently almost unchanged from early London session prices. Risk traders are returning, hence the softer USD, which can also be linked with an unwinding of long USD positions built up during the height of the financial crisis. It is reasonable to assume that these flows will thin out suggesting that the USD may start to react more directly to US fundamentals - back to the correction we expect.
This week the USD should find support on the solid results of yesterday's 2 yr auction. The result of the Treasury's 5yr auction should provide a key focus this afternoon. The EUR is likely to find incentive over the coming days from the approach of the ECB's June 4th policy meeting. The release of soft German lander CPI, which highlights the risk that German CPI, could stay close to zero for much of the remainder of the year - a scenario which could allow further ECB easing. On balance it seems likely that the ECB will retain a quiet stance, which could leave the EUR with a defensive tone over the coming week. News from France thsi morning showed French consumer confidence was up a little in May, whilst Italian consumer confidence was in-line with April data, but slightly below market estimates. Aside from the 5 yr auction, US home sales data will provide a focus this afternoon. A rise is expected in sales, but prices should be reported lower again.
Sterling did well this morning, with a few tries at 1.60 finally seeing a breakthrough, with STG hitting a 7-month high. It was also up against the Euro. However, with the pound still around 30% weaker against the EUR, and 20% weaker against the USD coimpared to the highs reached 18 months ago, we could speculate that the good news isn't quite that good, and a correction could come later today or tomorrow.
The Yen crosses weren't as busy this morning. Both USD/JPY and EUR/USD are currently almost unchanged from early London session prices. Risk traders are returning, hence the softer USD, which can also be linked with an unwinding of long USD positions built up during the height of the financial crisis. It is reasonable to assume that these flows will thin out suggesting that the USD may start to react more directly to US fundamentals - back to the correction we expect.
This week the USD should find support on the solid results of yesterday's 2 yr auction. The result of the Treasury's 5yr auction should provide a key focus this afternoon. The EUR is likely to find incentive over the coming days from the approach of the ECB's June 4th policy meeting. The release of soft German lander CPI, which highlights the risk that German CPI, could stay close to zero for much of the remainder of the year - a scenario which could allow further ECB easing. On balance it seems likely that the ECB will retain a quiet stance, which could leave the EUR with a defensive tone over the coming week. News from France thsi morning showed French consumer confidence was up a little in May, whilst Italian consumer confidence was in-line with April data, but slightly below market estimates. Aside from the 5 yr auction, US home sales data will provide a focus this afternoon. A rise is expected in sales, but prices should be reported lower again.
Tuesday, 26 May 2009
FXLR - Trades Update - Tues 26May09
FXLR Daily Roundup – 26th May 2009
A nice long day in the Live Room, which is just closing now. Lots of chat and banter. We all enjoyed it today.
Summary
- 5 Live Room trade calls; 3 wins, 2 breakevens.
- 1 Intra-day trade call; 1 win.
Live room trades
GBP/USD - Short Call (+30 pips)
Live Room Call: Entry on the break of 1.5835
1st Level: 1.5815, +20 pips
2nd Level: 1.5795, +40 pips
Stop: 1.5860
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Long Call (+0 pips)
Live Room Call: Entry on the break of 1.0878
1st Level: 1.0878, +0 pips
Stop: 1.0853
(Allow few pips for slippage on entry/exit levels)
AUD/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 0.7742
1st Level: 0.7742, +0 pips
Stop: 0.7767
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Short Call (+25 pips)
Live Room Call: Entry on the break of 1.3887
1st Level: 1.3861, +26 pips
2nd Level: 1.3863, +24 pips
Stop: 1.3905
(Allow few pips for slippage on entry/exit levels)
AUD/USD - Long Call (+22 pips)
Live Room Call: Entry on the break of 0.7830
1st Level: 0.7850, +20 pips
2nd Level: 0.7854, +24 pips
Stop: 1.5860
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/USD - Long trade closed (+35 pips, ave.)
Opened Long: GBP/USD @ 1.5883
Stop level: 1.5851
Target level: 1.5980
Closed: 1.5933 (1/2: +20, 1/2: +50)
Half closed at 1.5903
Have a good evening.
FXLR team
www.forexliveroom.com
A nice long day in the Live Room, which is just closing now. Lots of chat and banter. We all enjoyed it today.
Summary
- 5 Live Room trade calls; 3 wins, 2 breakevens.
- 1 Intra-day trade call; 1 win.
Live room trades
GBP/USD - Short Call (+30 pips)
Live Room Call: Entry on the break of 1.5835
1st Level: 1.5815, +20 pips
2nd Level: 1.5795, +40 pips
Stop: 1.5860
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Long Call (+0 pips)
Live Room Call: Entry on the break of 1.0878
1st Level: 1.0878, +0 pips
Stop: 1.0853
(Allow few pips for slippage on entry/exit levels)
AUD/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 0.7742
1st Level: 0.7742, +0 pips
Stop: 0.7767
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Short Call (+25 pips)
Live Room Call: Entry on the break of 1.3887
1st Level: 1.3861, +26 pips
2nd Level: 1.3863, +24 pips
Stop: 1.3905
(Allow few pips for slippage on entry/exit levels)
AUD/USD - Long Call (+22 pips)
Live Room Call: Entry on the break of 0.7830
1st Level: 0.7850, +20 pips
2nd Level: 0.7854, +24 pips
Stop: 1.5860
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/USD - Long trade closed (+35 pips, ave.)
Opened Long: GBP/USD @ 1.5883
Stop level: 1.5851
Target level: 1.5980
Closed: 1.5933 (1/2: +20, 1/2: +50)
Half closed at 1.5903
Have a good evening.
FXLR team
www.forexliveroom.com
Friday, 22 May 2009
FXLR - Trades Updates - Fri 22may09
FXLR Daily Roundup – 22nd May 2009
Summary
- 2 Live Room trade calls; 1 win, 1 loss.
- No Intra-day trade calls.
Live room trades
GBP/USD - Short Call (+42 pips)
Live Room Call: Entry on the break of 1.5826
1st Level: 1.5796, +30 pips
2nd Level: 1.5772, +54 pips
Stop: 1.5853
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (-6 pips)
Live Room Call: Entry on the break of 1.5836
1st Level: 1.5842, -6 pips
Stop: 1.5856
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
No trade alerts.
Have a great Bank Holiday weekend - see you all on Tuesday.
FXLR team
www.forexliveroom.com
Summary
- 2 Live Room trade calls; 1 win, 1 loss.
- No Intra-day trade calls.
Live room trades
GBP/USD - Short Call (+42 pips)
Live Room Call: Entry on the break of 1.5826
1st Level: 1.5796, +30 pips
2nd Level: 1.5772, +54 pips
Stop: 1.5853
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (-6 pips)
Live Room Call: Entry on the break of 1.5836
1st Level: 1.5842, -6 pips
Stop: 1.5856
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
No trade alerts.
Have a great Bank Holiday weekend - see you all on Tuesday.
FXLR team
www.forexliveroom.com
Thursday, 21 May 2009
FXLR - Trades Update - Thurs 21May09
FXLR Daily Roundup – 21st May 2009
The Live Room stayed open all day. Quite enjoyable.
Summary
- 5 Live Room trade calls; 3 wins, 2 losses.
- 3 Intra-day trade calls; 2 wins, 1 loss.
Live room trades
EUR/USD - Long Call (-17 pips)
Live Room Call: Entry on the break of 1.3829
1st Level: 1.3812, -17 pips
Stop: 1.3802
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (+104 pips)
Live Room Call: Entry on the break of 1.5752
1st Level: 1.5666, +86 pips
2nd Level: 1.5630, +122 pips
Stop: 1.5777
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (-25 pips)
Live Room Call: Entry on the break of 1.5585
1st Level: 1.5610, -25 pips
Stop: 1.5610
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+19 pips)
Live Room Call: Entry on the break of 1.5764
1st Level: 1.5784, +20 pips
2nd Level: 1.5782, +18 pips
Stop: 1.5740
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Short Call (+33 pips)
Live Room Call: Entry on the break of 94.48
1st Level: 94.28, +20 pips
2nd Level: 94.02, +46 pips
Stop: 94.73
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
EUR/USD - Short trade closed (-32 pips)
Opened Short: EUR/USD @ 1.3736
Stop level: 1.3768
Target level: 1.3650
Closed: 1.3768 (-32 pips)
USD/CHF- Long trade closed (+9 pips)
Opened Long: USD/CAD @ 1.1035
Stop level: 1.1002
Target level: 1.1120
Closed: (1/2: +18, 1/2: +0)
Close half at 1.1053
USD/CAD - Short trade update (+20 pips)
Opened Short: USD/CAD @ 1.1426
Stop level: 1.1455
Target level: 1.1335
Closed: 1.1402 (1/2: +16, 1/2: +24)
Half closed at 1.1410
Have a good evening.
FXLR team
www.forexliveroom.com
The Live Room stayed open all day. Quite enjoyable.
Summary
- 5 Live Room trade calls; 3 wins, 2 losses.
- 3 Intra-day trade calls; 2 wins, 1 loss.
Live room trades
EUR/USD - Long Call (-17 pips)
Live Room Call: Entry on the break of 1.3829
1st Level: 1.3812, -17 pips
Stop: 1.3802
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (+104 pips)
Live Room Call: Entry on the break of 1.5752
1st Level: 1.5666, +86 pips
2nd Level: 1.5630, +122 pips
Stop: 1.5777
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (-25 pips)
Live Room Call: Entry on the break of 1.5585
1st Level: 1.5610, -25 pips
Stop: 1.5610
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+19 pips)
Live Room Call: Entry on the break of 1.5764
1st Level: 1.5784, +20 pips
2nd Level: 1.5782, +18 pips
Stop: 1.5740
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Short Call (+33 pips)
Live Room Call: Entry on the break of 94.48
1st Level: 94.28, +20 pips
2nd Level: 94.02, +46 pips
Stop: 94.73
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
EUR/USD - Short trade closed (-32 pips)
Opened Short: EUR/USD @ 1.3736
Stop level: 1.3768
Target level: 1.3650
Closed: 1.3768 (-32 pips)
USD/CHF- Long trade closed (+9 pips)
Opened Long: USD/CAD @ 1.1035
Stop level: 1.1002
Target level: 1.1120
Closed: (1/2: +18, 1/2: +0)
Close half at 1.1053
USD/CAD - Short trade update (+20 pips)
Opened Short: USD/CAD @ 1.1426
Stop level: 1.1455
Target level: 1.1335
Closed: 1.1402 (1/2: +16, 1/2: +24)
Half closed at 1.1410
Have a good evening.
FXLR team
www.forexliveroom.com
Wednesday, 20 May 2009
FXLR - Trades Updates - Wed 20May09
FXLR Daily Roundup – 20th May 2009
A few subscribers took extra trades in the live room this morning, with some very good results. Well done. We were a little more cautious, and closed early on ours, with a couple at break even and one +32 pip win. Not to worry. Well done to the guys who were racking up more wins. Three more decent intra-day trades were also good.
Summary
- 3 Live Room trade calls; 1 win, 2 breakevens.
- 4 Intra-day trade calls; 3 wins, 1 breakeven.
Live room trades
EUR/JPY - Long Call (+32 pips)
Live Room Call: Entry on the break of 130.44
1st Level: 130.68, +24 pips
2nd Level: 130.84, +40 pips
Stop: 130.10
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1552
1st Level: 1.1552, +0 pips
Stop: 1.1585
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1104
1st Level: 1.1104, +0 pips
Stop: 1.1130
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
USD/CAD - Short trade closed (+46 pips)
Opened Short: USD/CAD @ 1.1474
Stop level: 1.1506
Target level: 1.1300
Closed: 1.1428 (1/2: +46, 1/2: +46)
Closed half at 1.1428
USD/CHF - Short trade update (+30 pips, ave.)
Opened Short: USD/CHF @ 1.1018
Stop level: 1.1050
Target level: 1.0900
Closed: 1.0989 (1/2: +32, 1/2: +29)
Closed half at 1.0986
USD/CAD - Short trade closed (+0 pips)
Opened Short: USD/CAD @ 1.1416
Stop level: 1.1442
Target level: 1.1300
Closed: 1.1416 (+0)
USD/ JPY - Short trade closed (+37 pips, ave.)
Opened Short: USD/JPY@ 95.40
Stop level: 95.72
Target level: 94.50
Closed: 94.86 (1/2: +20, 1/2: +54)
Half closed 95.20
Have a good evening.
FXLR team
www.forexliveroom.com
A few subscribers took extra trades in the live room this morning, with some very good results. Well done. We were a little more cautious, and closed early on ours, with a couple at break even and one +32 pip win. Not to worry. Well done to the guys who were racking up more wins. Three more decent intra-day trades were also good.
Summary
- 3 Live Room trade calls; 1 win, 2 breakevens.
- 4 Intra-day trade calls; 3 wins, 1 breakeven.
Live room trades
EUR/JPY - Long Call (+32 pips)
Live Room Call: Entry on the break of 130.44
1st Level: 130.68, +24 pips
2nd Level: 130.84, +40 pips
Stop: 130.10
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1552
1st Level: 1.1552, +0 pips
Stop: 1.1585
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1104
1st Level: 1.1104, +0 pips
Stop: 1.1130
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
USD/CAD - Short trade closed (+46 pips)
Opened Short: USD/CAD @ 1.1474
Stop level: 1.1506
Target level: 1.1300
Closed: 1.1428 (1/2: +46, 1/2: +46)
Closed half at 1.1428
USD/CHF - Short trade update (+30 pips, ave.)
Opened Short: USD/CHF @ 1.1018
Stop level: 1.1050
Target level: 1.0900
Closed: 1.0989 (1/2: +32, 1/2: +29)
Closed half at 1.0986
USD/CAD - Short trade closed (+0 pips)
Opened Short: USD/CAD @ 1.1416
Stop level: 1.1442
Target level: 1.1300
Closed: 1.1416 (+0)
USD/ JPY - Short trade closed (+37 pips, ave.)
Opened Short: USD/JPY@ 95.40
Stop level: 95.72
Target level: 94.50
Closed: 94.86 (1/2: +20, 1/2: +54)
Half closed 95.20
Have a good evening.
FXLR team
www.forexliveroom.com
Tuesday, 19 May 2009
FXLR - Trades Update - Tues 19May09
FXLR Daily Roundup – 19th May 2009
Summary
- 6 Live Room trade calls; 5 wins, 1 breakeven.
- No Intra-day trade calls.
Live room trades
GBP/USD - Long Call (+50 pips)
Live Room Call: Entry on the break of 1.5352
1st Level: 1.5384, +32 pips
2nd Level: 1.5420, +68 pips
Stop: 1.5325
(Allow few pips for slippage on entry/exit levels)
GBP/JPY - Long Call (+58 pips)
Live Room Call: Entry on the break of 148.25
1st Level: 148.65, +40 pips
2nd Level: 149.01, +76 pips
Stop: 147.95
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Short Call (+12 pips)
Live Room Call: Entry on the break of 1.1603
1st Level: 1.1591, +12 pips
Stop: 1.1630
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+10 pips)
Live Room Call: Entry on the break of 1.5453
1st Level: 1.5473, +20 pips
2nd Level: 1.5453, +0 pips
Stop: 1.5430
(Allow few pips for slippage on entry/exit levels)
GBP/JPY - Long Call (+0 pips)
Live Room Call: Entry on the break of 149.20
1st Level: 149.20, +0 pips
Stop: 149.95
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Long Call (+10 pips)
Live Room Call: Entry on the break of 1.3630
1st Level: 1.3650, +20 pips
2nd Level: 1.3630, +0 pips
Stop: 1.3605
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
No trade alerts.
Have a good evening.
FXLR team
www.forexliveroom.com
Summary
- 6 Live Room trade calls; 5 wins, 1 breakeven.
- No Intra-day trade calls.
Live room trades
GBP/USD - Long Call (+50 pips)
Live Room Call: Entry on the break of 1.5352
1st Level: 1.5384, +32 pips
2nd Level: 1.5420, +68 pips
Stop: 1.5325
(Allow few pips for slippage on entry/exit levels)
GBP/JPY - Long Call (+58 pips)
Live Room Call: Entry on the break of 148.25
1st Level: 148.65, +40 pips
2nd Level: 149.01, +76 pips
Stop: 147.95
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Short Call (+12 pips)
Live Room Call: Entry on the break of 1.1603
1st Level: 1.1591, +12 pips
Stop: 1.1630
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+10 pips)
Live Room Call: Entry on the break of 1.5453
1st Level: 1.5473, +20 pips
2nd Level: 1.5453, +0 pips
Stop: 1.5430
(Allow few pips for slippage on entry/exit levels)
GBP/JPY - Long Call (+0 pips)
Live Room Call: Entry on the break of 149.20
1st Level: 149.20, +0 pips
Stop: 149.95
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Long Call (+10 pips)
Live Room Call: Entry on the break of 1.3630
1st Level: 1.3650, +20 pips
2nd Level: 1.3630, +0 pips
Stop: 1.3605
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
No trade alerts.
Have a good evening.
FXLR team
www.forexliveroom.com
Stock Market Update - Tues 19May09
The FTSE Closes Up - But Off its Session Highs
The headline shares closed up today, but off highs, as strong commercial property issues and the miners helping offset Marks & Spencer, who posted news of tumbling profits and a third cut off the dividend. Wall Street opened down, but soon turned up again, recovering nicely. The FTSE 100 closed up nearly 36 points at 4,482, whilst the FTSE 250 closed up 121 points at 7,698, and for those that are interested the FTSE Small Caps cl;osed up nearly 38 points at 2,279.
Over the pond, US stocks were flat in morning trade, recovering early losses, as data showed new housing starts and permits falling to record lows in April. House building activity in the US is now at its lowest level on record. By the time London closed, the DJIA was up just 44 points to 8,508, whilst the S&P 500 was up about 2 1/2 points at 912, and the Nasdaq just about even at 1,732.
The headline shares closed up today, but off highs, as strong commercial property issues and the miners helping offset Marks & Spencer, who posted news of tumbling profits and a third cut off the dividend. Wall Street opened down, but soon turned up again, recovering nicely. The FTSE 100 closed up nearly 36 points at 4,482, whilst the FTSE 250 closed up 121 points at 7,698, and for those that are interested the FTSE Small Caps cl;osed up nearly 38 points at 2,279.
Over the pond, US stocks were flat in morning trade, recovering early losses, as data showed new housing starts and permits falling to record lows in April. House building activity in the US is now at its lowest level on record. By the time London closed, the DJIA was up just 44 points to 8,508, whilst the S&P 500 was up about 2 1/2 points at 912, and the Nasdaq just about even at 1,732.
Monday, 18 May 2009
Stock Market Update - Mon 18May09
FTSE Closes Up Nearly 100 Points
Headline shares recovered from a fairly slow start to eventually close sharply higher. Lloyds Banking Group lead the way after its Chairman announced he will resign after all the hassle and strife over the HBOS debacle. Wall Street opened positively as well, which helped London close up too. The FTSE 100 closed up 98points at 4,446, whilst the FTSE 250 closed up 103 points at 7,576, and for those that are interested the FTSE Small Caps closed up nearly 9 points at 2,241.
Over the pond, the US markets started positively, with sentiment riding higher ahead of builders-index data. News from DIY Group Lowe's was better-than-expected as well, which also boosted confidence. By the time London closed the DJIA was up some 163 points at 8,432, whilst the S&P 500 was up nearly 17 points at almost 900, and Nasdaq was up nearly 25 points at 1,705.
Headline shares recovered from a fairly slow start to eventually close sharply higher. Lloyds Banking Group lead the way after its Chairman announced he will resign after all the hassle and strife over the HBOS debacle. Wall Street opened positively as well, which helped London close up too. The FTSE 100 closed up 98points at 4,446, whilst the FTSE 250 closed up 103 points at 7,576, and for those that are interested the FTSE Small Caps closed up nearly 9 points at 2,241.
Over the pond, the US markets started positively, with sentiment riding higher ahead of builders-index data. News from DIY Group Lowe's was better-than-expected as well, which also boosted confidence. By the time London closed the DJIA was up some 163 points at 8,432, whilst the S&P 500 was up nearly 17 points at almost 900, and Nasdaq was up nearly 25 points at 1,705.
FXLR - Trades Update - Mon 18May09
FXLR Daily Roundup – 18th May 2009
Not the best day, really, with an almost stagnant Live Room finally seeing one or two members take the Dollar-Yen trade for up to +40 pips. We didn't take it, regretfully, with just a small win on the Cable-Dollar trade the reward. This was wiped out by the intra-day loss, which was called during the US Live Room session, after Cable broke the short level twice before turning up.
Summary
- 2 Live Room trade calls; 1 win, 1 breakeven.
- 1 Intra-day trade call; 1 loss.
Live room trades
GBP/USD - Long Call (+10 pips)
Live Room Call: Entry on the break of 1.5288
1st Level: 1.5308, +20 pips
2nd Level: 1.5288, +0 pips
Stop: 1.5263
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1190
1st Level: 1.1190, +0 pips
Stop: 1.1215
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/USD - Short trade closed (-29 pips)
Opened Short: GBP/USD @ 1.5266
Stop level: 1.5295
Target level: 1.5150
Closed: 1.5295 (-29 pips)
Have a good evening.
FXLR team
www.forexliveroom.com
Not the best day, really, with an almost stagnant Live Room finally seeing one or two members take the Dollar-Yen trade for up to +40 pips. We didn't take it, regretfully, with just a small win on the Cable-Dollar trade the reward. This was wiped out by the intra-day loss, which was called during the US Live Room session, after Cable broke the short level twice before turning up.
Summary
- 2 Live Room trade calls; 1 win, 1 breakeven.
- 1 Intra-day trade call; 1 loss.
Live room trades
GBP/USD - Long Call (+10 pips)
Live Room Call: Entry on the break of 1.5288
1st Level: 1.5308, +20 pips
2nd Level: 1.5288, +0 pips
Stop: 1.5263
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1190
1st Level: 1.1190, +0 pips
Stop: 1.1215
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/USD - Short trade closed (-29 pips)
Opened Short: GBP/USD @ 1.5266
Stop level: 1.5295
Target level: 1.5150
Closed: 1.5295 (-29 pips)
Have a good evening.
FXLR team
www.forexliveroom.com
Friday, 15 May 2009
FXLR - Trades Updates - Fri 15May09
FXLR Daily Roundup – 15th May 2009
Summary
- 3 Live Room trade calls; 1 win, 2 breakeven.
- 6 Intra-day trade call; 6 wins.
Live room trades
EUR/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.3570
1st Level: 1.3570, +0 pips
Stop: 1.3595
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Short Call (+0 pips)
Live Room Call: Entry on the break of 95.29
1st Level: 95.29, +0 pips
Stop: 95.47
(Allow few pips for slippage on entry/exit levels)
AUD/USD - Short Call (+9 pips)
Live Room Call: Entry on the break of 0.7563
1st Level: 0.7554, +9 pips
Stop: 1.3595
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/JPY- Long trade closed (+54 pips, ave.)
Opened Long: GBP/JPY @ 144.90
Stop level: 144.55
Target level: 146.50
Closed: 145.58 (1/2: +41, 1/2: +68)
Half closed at 145.31
EUR/JPY- Long trade closed (+10 pips)
Opened Long: EUR/JPY @ 129.41
Stop level: 129.05
Target level: 131.50
Closed: 129.41 (1/2: +20, 1/2: +0)
Half closed at 129.61
GBP/USD - Long trade closed (+20 pips)
Opened Long: GBP/USD @ 1.5246
Stop level: 1.5214
Target level: 1.5350
Closed: 1.5257 (1/2: +30, 1/2: +11)
Half closed at 1.5276
AUD/USD - Long trade closed (+10 pips)
Opened Long: AUD/USD @ 0.7570
Stop level: 0.7537
Target level: 0.7670
Closed: 0.7580 (+10 pips)
USD/CHF - Short trade closed (+10 pips)
Opened Short: USD/CHF @ 1.1062
Stop level: 1.1097
Target level: 1.0960
Closed: 1.1052 (+10 pips)
USD/CAD - Short trade closed (+11 pips)
Opened Short: USD/CAD @ 1.1682
Stop level: 1.1716
Target level: 1.1580
Closed: 1.1682 (1/2: +22, 1/2: +0)
Half closed at 1.1660
Have a great weekend.
FXLR team
www.forexliveroom.com
Summary
- 3 Live Room trade calls; 1 win, 2 breakeven.
- 6 Intra-day trade call; 6 wins.
Live room trades
EUR/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.3570
1st Level: 1.3570, +0 pips
Stop: 1.3595
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Short Call (+0 pips)
Live Room Call: Entry on the break of 95.29
1st Level: 95.29, +0 pips
Stop: 95.47
(Allow few pips for slippage on entry/exit levels)
AUD/USD - Short Call (+9 pips)
Live Room Call: Entry on the break of 0.7563
1st Level: 0.7554, +9 pips
Stop: 1.3595
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/JPY- Long trade closed (+54 pips, ave.)
Opened Long: GBP/JPY @ 144.90
Stop level: 144.55
Target level: 146.50
Closed: 145.58 (1/2: +41, 1/2: +68)
Half closed at 145.31
EUR/JPY- Long trade closed (+10 pips)
Opened Long: EUR/JPY @ 129.41
Stop level: 129.05
Target level: 131.50
Closed: 129.41 (1/2: +20, 1/2: +0)
Half closed at 129.61
GBP/USD - Long trade closed (+20 pips)
Opened Long: GBP/USD @ 1.5246
Stop level: 1.5214
Target level: 1.5350
Closed: 1.5257 (1/2: +30, 1/2: +11)
Half closed at 1.5276
AUD/USD - Long trade closed (+10 pips)
Opened Long: AUD/USD @ 0.7570
Stop level: 0.7537
Target level: 0.7670
Closed: 0.7580 (+10 pips)
USD/CHF - Short trade closed (+10 pips)
Opened Short: USD/CHF @ 1.1062
Stop level: 1.1097
Target level: 1.0960
Closed: 1.1052 (+10 pips)
USD/CAD - Short trade closed (+11 pips)
Opened Short: USD/CAD @ 1.1682
Stop level: 1.1716
Target level: 1.1580
Closed: 1.1682 (1/2: +22, 1/2: +0)
Half closed at 1.1660
Have a great weekend.
FXLR team
www.forexliveroom.com
Thursday, 14 May 2009
FXLR - Trades Update - Thurs 14May09
FXLR Daily Roundup – 14th May 2009
Summary
- 2 Live Room trade calls; 1 loss, 1 breakeven.
- 5 Intra-day trade call; 4 wins, 1 loss.
Live room trades
EUR/USD - Short Call (-26 pips)
Live Room Call: Entry on the break of 1.3552
1st Level: 1.3578, -26 pips
Stop: 1.3578
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Short Call (+0 pips)
Live Room Call: Entry on the break of 95.45
1st Level: 95.45, +0 pips
Stop: 95.70
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
AUD/USD - Long trade closed (+20 pips, ave.)
Opened Long: AUD/USD @ 0.7555
Stop level: 0.7525
Target level: 0.7620
Closed: 0.7573 (1/2: +22, 1/2: +18)
Half closed at 0.7577
EUR/JPY- Long trade closed (-32 pips)
Opened Long: EUR/JPY @ 130.17
Stop level: 129.85
Target level: 131.50
Closed: 129.85 (-32 pips)
GBP/JPY- Long trade opened (+10 pips, ave.)
Opened Long: GBP/JPY @ 145.20
Stop level: 144.85
Target level: 146.50
Closed: (1/2: +21, 1/2: +0)
Half closed 145.41
GBP/USD - Long trade closed (+24 pips, ave.)
Opened Long: GBP/USD @ 1.5170
Stop level: 1.5138
Target level: 1.5270
Closed: 1.5188 (1/2: +30, 1/2: +18)
Half closed 1.5200
USD/CHF - Short trade closed (+10 pips)
Opened Short: USD/CHF @ 1.1064
Stop level: 1.1096
Target level: 1.0960
Closed: 1.1054 (+10 pips)
Have a good evening.
FXLR team
www.forexliveroom.com
Summary
- 2 Live Room trade calls; 1 loss, 1 breakeven.
- 5 Intra-day trade call; 4 wins, 1 loss.
Live room trades
EUR/USD - Short Call (-26 pips)
Live Room Call: Entry on the break of 1.3552
1st Level: 1.3578, -26 pips
Stop: 1.3578
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Short Call (+0 pips)
Live Room Call: Entry on the break of 95.45
1st Level: 95.45, +0 pips
Stop: 95.70
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
AUD/USD - Long trade closed (+20 pips, ave.)
Opened Long: AUD/USD @ 0.7555
Stop level: 0.7525
Target level: 0.7620
Closed: 0.7573 (1/2: +22, 1/2: +18)
Half closed at 0.7577
EUR/JPY- Long trade closed (-32 pips)
Opened Long: EUR/JPY @ 130.17
Stop level: 129.85
Target level: 131.50
Closed: 129.85 (-32 pips)
GBP/JPY- Long trade opened (+10 pips, ave.)
Opened Long: GBP/JPY @ 145.20
Stop level: 144.85
Target level: 146.50
Closed: (1/2: +21, 1/2: +0)
Half closed 145.41
GBP/USD - Long trade closed (+24 pips, ave.)
Opened Long: GBP/USD @ 1.5170
Stop level: 1.5138
Target level: 1.5270
Closed: 1.5188 (1/2: +30, 1/2: +18)
Half closed 1.5200
USD/CHF - Short trade closed (+10 pips)
Opened Short: USD/CHF @ 1.1064
Stop level: 1.1096
Target level: 1.0960
Closed: 1.1054 (+10 pips)
Have a good evening.
FXLR team
www.forexliveroom.com
Wednesday, 13 May 2009
FXLR - Trades Update - Wed 13May09
FXLR Daily Roundup – Wed 13th May 2009
Whilst a nice flag breakout on Cable Yen was missed by us, one or two of the room grabbed it for +100 pips. We were a little unlucky on the two trades called in the live room, but had we held things would have been different. But the Intra-day calls were excellent again. A couple of really good ones.
Summary
- 2 Live Room trade calls; 2 losses.
- 6 Intra-day trade calls; 6 wins.
Live room trades
GBP/USD - Long Call (-25 pips)
Live Room Call: Entry on the break of 1.5320
1st Level: 1.5295, -25 pips
Stop: 1.5295
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Long Call (-7 pips)
Live Room Call: Entry on the break of 1.1586
1st Level: 1.1579, -7 pips
Stop: 1.1560
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/USD - Short trade closed (+94 pips, ave.)
Opened Short: GBP/USD @ 1.5277
Stop level: 1.5305
Target level: 1.5140
Closed: 1.5121 (1/2: +32, 1/2: +156)
Half closed 1.5245
AUD/USD - Short trade closed (+61 pips, ave.)
Opened Short: AUD/USD @ 0.7665
Stop level: 0.7695
Target level: 0.7550
Closed: 0.7581 (1/2: +38, 1/2: +84)
Half closed at 0.7627
USD/CAD - Long trade closed (+17 pips, ave.)
Opened Long: USD/CAD @ 1.1592
Stop level: 1.1560
Target level: 1.1690
Closed: 1.1592 (1/2: +34, 1/2: +0)
Half closed at 1.1626
EUR/USD - Short trade closed (+14 pips, ave.)
Opened Short: EUR/USD @ 1.3664
Stop level: 1.1.3698
Target level: 1.3550
Closed: (1/2: +29, 1/2: +0)
Half closed at 1.3635
EUR/JPY - Short trade closed (+10 pips, ave.)
Opened Short: EUR/JPY @ 130.50
Stop level: 130.85
Target level: 129.00
Closed: 130.50 (1/2: +20, 1/2: +0)
Half closed at 130.30
USD/ JPY - Short trade closed (+27 pips, ave.)
Opened Short: USD/JPY@ 95.67
Stop level: 95.90
Target level: 94.00
Closed: 95.35 (1/2: +22, 1/2: +32)
Half closed at 95.45
Have a good evening.
FXLR team
www.forexliveroom.com
Whilst a nice flag breakout on Cable Yen was missed by us, one or two of the room grabbed it for +100 pips. We were a little unlucky on the two trades called in the live room, but had we held things would have been different. But the Intra-day calls were excellent again. A couple of really good ones.
Summary
- 2 Live Room trade calls; 2 losses.
- 6 Intra-day trade calls; 6 wins.
Live room trades
GBP/USD - Long Call (-25 pips)
Live Room Call: Entry on the break of 1.5320
1st Level: 1.5295, -25 pips
Stop: 1.5295
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Long Call (-7 pips)
Live Room Call: Entry on the break of 1.1586
1st Level: 1.1579, -7 pips
Stop: 1.1560
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/USD - Short trade closed (+94 pips, ave.)
Opened Short: GBP/USD @ 1.5277
Stop level: 1.5305
Target level: 1.5140
Closed: 1.5121 (1/2: +32, 1/2: +156)
Half closed 1.5245
AUD/USD - Short trade closed (+61 pips, ave.)
Opened Short: AUD/USD @ 0.7665
Stop level: 0.7695
Target level: 0.7550
Closed: 0.7581 (1/2: +38, 1/2: +84)
Half closed at 0.7627
USD/CAD - Long trade closed (+17 pips, ave.)
Opened Long: USD/CAD @ 1.1592
Stop level: 1.1560
Target level: 1.1690
Closed: 1.1592 (1/2: +34, 1/2: +0)
Half closed at 1.1626
EUR/USD - Short trade closed (+14 pips, ave.)
Opened Short: EUR/USD @ 1.3664
Stop level: 1.1.3698
Target level: 1.3550
Closed: (1/2: +29, 1/2: +0)
Half closed at 1.3635
EUR/JPY - Short trade closed (+10 pips, ave.)
Opened Short: EUR/JPY @ 130.50
Stop level: 130.85
Target level: 129.00
Closed: 130.50 (1/2: +20, 1/2: +0)
Half closed at 130.30
USD/ JPY - Short trade closed (+27 pips, ave.)
Opened Short: USD/JPY@ 95.67
Stop level: 95.90
Target level: 94.00
Closed: 95.35 (1/2: +22, 1/2: +32)
Half closed at 95.45
Have a good evening.
FXLR team
www.forexliveroom.com
Stock Market Update - Wed 13May09
London - Not So Good - the FTSE ends session sharply lower
The FTSE 100 closed down 94 points at 4,331, whilst the FTSE 250 closed down 252 points at 7,371, and for those that are interested the FTSE Small Caps closed down nearly 95 points at 2,217.
The bigger blue chips ended the day sharply lower, today, despite the massive catering firm Compass Group impressing. Unfortunately the property and mining sectors wiped out any good feeling there. Wall Street opened down after some poor retail data as well. The Bank of England's quarterly inflation report also din't help. It basically said that the economy would be declining about 4.5% year-on-year by Q2 2009, adding that any recovery will take longer than expected (no suprise there, then).
Over the pond, Wall Street stocks were lower during its morning trade after news that retail sales were down in April, which was opposite to what had been expected. By the time London closed the DJIA was down 144 points at 8,325, whilst the S&P 500 was down 17 points at 891.27, and the Nasdaq down nearly 34 points at 1,682.
The FTSE 100 closed down 94 points at 4,331, whilst the FTSE 250 closed down 252 points at 7,371, and for those that are interested the FTSE Small Caps closed down nearly 95 points at 2,217.
The bigger blue chips ended the day sharply lower, today, despite the massive catering firm Compass Group impressing. Unfortunately the property and mining sectors wiped out any good feeling there. Wall Street opened down after some poor retail data as well. The Bank of England's quarterly inflation report also din't help. It basically said that the economy would be declining about 4.5% year-on-year by Q2 2009, adding that any recovery will take longer than expected (no suprise there, then).
Over the pond, Wall Street stocks were lower during its morning trade after news that retail sales were down in April, which was opposite to what had been expected. By the time London closed the DJIA was down 144 points at 8,325, whilst the S&P 500 was down 17 points at 891.27, and the Nasdaq down nearly 34 points at 1,682.
Tuesday, 12 May 2009
FXLR - Trades Round up - Tues 12May09
FXLR Daily Roundup – 12th May 2009
Summary
- 2 Live Room trade calls; 1 win, 1 breakeven.
- 1 Intra-day trade call; 1 win.
Live room trades
USD/CHF - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1063
1st Level: 1.1063, +0 pips
Stop: 1.1090
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+35 pips)
Live Room Call: Entry on the break of 1.5176
1st Level: 1.5200, +24 pips
2nd Level: 1.5222, +46 pips
Stop: 1.5151
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
EUR/USD - Long trade closed (+37 pips, ave.)
Opened Long: EUR/USD @ 1.3612
Stop level: 1.3580
Target level: 1.3730
Closed: 1.3668 (1/2: +18, 1/2: +56)
Half closed at 1.3630
Have a good evening.
FXLR team
www.forexliveroom.com
Summary
- 2 Live Room trade calls; 1 win, 1 breakeven.
- 1 Intra-day trade call; 1 win.
Live room trades
USD/CHF - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.1063
1st Level: 1.1063, +0 pips
Stop: 1.1090
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+35 pips)
Live Room Call: Entry on the break of 1.5176
1st Level: 1.5200, +24 pips
2nd Level: 1.5222, +46 pips
Stop: 1.5151
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
EUR/USD - Long trade closed (+37 pips, ave.)
Opened Long: EUR/USD @ 1.3612
Stop level: 1.3580
Target level: 1.3730
Closed: 1.3668 (1/2: +18, 1/2: +56)
Half closed at 1.3630
Have a good evening.
FXLR team
www.forexliveroom.com
Stock Market Update - Tues 12May09
The FTSE has a mediocre day, ending the session slightly lower
The bigger blue chips gave the FTSE little reason to celebrate as the session ended down a little after some cautious trading. The banking and mining sectors performed poorly, with this knocking the positive effect from the hotel sector and food retailers. The FTSE 100 closed down about 10 points at 4,425, whilst the FTSE 250 closed up over 13 points at nearly 7,624, and for those that are interested the FTSE Small Caps closed down nearly 14 points at 2,312.
Over the pond, US stocks opened positive but then fell away as bearish sentiment outweighed the false optimism. General Motors and Ford are not helping anything at the moment, with poor news and feeling about the US car industry becoming a millstone. By the time London closed, the DJIA was down 18 points to 8401, the S&P500 down nearly 6 points 903, and the Nasdaq down nearly 22 points at 1,709.
The bigger blue chips gave the FTSE little reason to celebrate as the session ended down a little after some cautious trading. The banking and mining sectors performed poorly, with this knocking the positive effect from the hotel sector and food retailers. The FTSE 100 closed down about 10 points at 4,425, whilst the FTSE 250 closed up over 13 points at nearly 7,624, and for those that are interested the FTSE Small Caps closed down nearly 14 points at 2,312.
Over the pond, US stocks opened positive but then fell away as bearish sentiment outweighed the false optimism. General Motors and Ford are not helping anything at the moment, with poor news and feeling about the US car industry becoming a millstone. By the time London closed, the DJIA was down 18 points to 8401, the S&P500 down nearly 6 points 903, and the Nasdaq down nearly 22 points at 1,709.
Monday, 11 May 2009
Stock Market Update - Mon 11May09
Indicies Update - Mon 11May09
The Miners Weigh Down the FTSE
The biggest blue chips closed lower, with the miners hit by some broker downgrades. At Lonmin, the news of a rights issue and a half-year loss took its toll, wiping out gains from Centrica's news that it is to be taking a 20% stake in British Energy.
The FTSE 100 closed down 26 points at 4,435, whilst the FTSE 250 closed down 210 points at 7,595, and for those that are interested the FTSE Small Caps closed down 25 points at 2,317.
Over the pond, by the time London closed the DJIA was down 109 points at 8,465, the S&P500 down 13 points at 916, and the Nasdaq down half a point at 1,738. The miners and financials all weighing Wall Street down as well.
The Miners Weigh Down the FTSE
The biggest blue chips closed lower, with the miners hit by some broker downgrades. At Lonmin, the news of a rights issue and a half-year loss took its toll, wiping out gains from Centrica's news that it is to be taking a 20% stake in British Energy.
The FTSE 100 closed down 26 points at 4,435, whilst the FTSE 250 closed down 210 points at 7,595, and for those that are interested the FTSE Small Caps closed down 25 points at 2,317.
Over the pond, by the time London closed the DJIA was down 109 points at 8,465, the S&P500 down 13 points at 916, and the Nasdaq down half a point at 1,738. The miners and financials all weighing Wall Street down as well.
FXLR - Trades Update - Mon 11May09
FXLR Daily Roundup – 11th May 2009
Summary
- 4 Live Room trade calls; 1 win, 1 breakeven, 2 losses.
- 3 Intra-day trade calls; 1 win, 1 breakeven, 1 trade still open.
Live room trades
GBP/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.5190
1st Level: 1.5190, +0 pips
Stop: 1.5217
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (-26 pips)
Live Room Call: Entry on the break of 1.5165
1st Level: 1.5191, -26 pips
Stop: 1.5191
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Short Call (+10 pips)
Live Room Call: Entry on the break of 1.3614
1st Level: 1.3594, +20 pips
2nd Level: 1.3614, +0 pips
Stop: 1.3641
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Long Call (-26 pips)
Live Room Call: Entry on the break of 1.1512
1st Level: 1.1486, -26 pips
Stop: 1.1486
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/JPY - Short trade closed (+14 pips, ave.)
Opened Short: GBP/JPY @ 147.10
Stop level: 147.45
Target level: 145.70
Closed: 147.10 (1/2: +28, 1/2: +0)
Half closed at 146.82
GBP/USD - Short trade closed (+0 pips)
Opened Short: GBP/USD @ 1.5079
Stop level: 1.5110
Target level: 1.4990
Closed: 1.5079 (+0 pips)
USD/CAD - Short trade - still open
Opened Short: USD/CAD @ 1.1593
Stop level: 1.1618
Target level: 1.1480
Have a good evening.
FXLR team
Summary
- 4 Live Room trade calls; 1 win, 1 breakeven, 2 losses.
- 3 Intra-day trade calls; 1 win, 1 breakeven, 1 trade still open.
Live room trades
GBP/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.5190
1st Level: 1.5190, +0 pips
Stop: 1.5217
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (-26 pips)
Live Room Call: Entry on the break of 1.5165
1st Level: 1.5191, -26 pips
Stop: 1.5191
(Allow few pips for slippage on entry/exit levels)
EUR/USD - Short Call (+10 pips)
Live Room Call: Entry on the break of 1.3614
1st Level: 1.3594, +20 pips
2nd Level: 1.3614, +0 pips
Stop: 1.3641
(Allow few pips for slippage on entry/exit levels)
USD/CAD - Long Call (-26 pips)
Live Room Call: Entry on the break of 1.1512
1st Level: 1.1486, -26 pips
Stop: 1.1486
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
GBP/JPY - Short trade closed (+14 pips, ave.)
Opened Short: GBP/JPY @ 147.10
Stop level: 147.45
Target level: 145.70
Closed: 147.10 (1/2: +28, 1/2: +0)
Half closed at 146.82
GBP/USD - Short trade closed (+0 pips)
Opened Short: GBP/USD @ 1.5079
Stop level: 1.5110
Target level: 1.4990
Closed: 1.5079 (+0 pips)
USD/CAD - Short trade - still open
Opened Short: USD/CAD @ 1.1593
Stop level: 1.1618
Target level: 1.1480
Have a good evening.
FXLR team
Friday, 8 May 2009
FXLR - Trade Updates - Fri08May09
FXLR Daily Roundup – 8th May 2009
In contrast to the last couple of weeks, it was rather a poor Friday. Nothing behaved.
Summary
- 1 Live Room trade call; 1 loss.
- 3 Intra-day trade calls; 3 breakevens.
Live room trades
GBP/USD - Long Call (-25 pips)
Live Room Call: Entry on the break of 1.5053
1st Level: 1.5028, -25 pips
Stop: 1.5028
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
USD/ JPY - Short trade closed (+0 pips)
Opened Short: USD/JPY@ 98.86
Stop level: 99.15
Target level: 98.00
Closed: 98.86 (+0 pips)
USD/CHF - Short trade closed (+0 pips)
Opened Short: USD/CHF @ 1.1195
Stop level: 1.1225
Target level: 1.1100
Closed: 1.1195 (+0 pips)
USD/CAD - Short trade closed (+0 pips)
Opened Short: USD/CAD @ 1.1595
Stop level: 1.1630
Target level: 1.1400
Closed: 1.1595 (+0 pips)
Have a great weekend.
FXLR team
www.forexliveroom.com
In contrast to the last couple of weeks, it was rather a poor Friday. Nothing behaved.
Summary
- 1 Live Room trade call; 1 loss.
- 3 Intra-day trade calls; 3 breakevens.
Live room trades
GBP/USD - Long Call (-25 pips)
Live Room Call: Entry on the break of 1.5053
1st Level: 1.5028, -25 pips
Stop: 1.5028
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
USD/ JPY - Short trade closed (+0 pips)
Opened Short: USD/JPY@ 98.86
Stop level: 99.15
Target level: 98.00
Closed: 98.86 (+0 pips)
USD/CHF - Short trade closed (+0 pips)
Opened Short: USD/CHF @ 1.1195
Stop level: 1.1225
Target level: 1.1100
Closed: 1.1195 (+0 pips)
USD/CAD - Short trade closed (+0 pips)
Opened Short: USD/CAD @ 1.1595
Stop level: 1.1630
Target level: 1.1400
Closed: 1.1595 (+0 pips)
Have a great weekend.
FXLR team
www.forexliveroom.com
Thursday, 7 May 2009
FXLR - Trades Update - Thurs 07May09
FXLR Daily Roundup – 7th May 2009
Summary
- 2 Live Room trade calls; 1 win, 1 breakeven.
- 3 Intra-day trade calls; 2 wins, 1 breakeven.
Live room trades
EUR/USD - Short Call (+8 pips)
Live Room Call: Entry on the break of 1.3270
1st Level: 1.3254, +16 pips
2nd Level: 1.3270, +0 pips
Stop: 1.3295
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.5090
1st Level: 1.5090, +0 pips
Stop: 1.5115
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
USD/CAD - Long trade closed (+0 pips)
Opened Long: USD/CAD @ 1.1721
Stop level: 1.1685
Target level: 1.1820
Closed: 1.1721 (+0 pips)
EUR/JPY - Long trade closed (+12 pips, ave.)
Opened Long: EUR/JPY@ 132.45
Stop level: 132.07
Target level: 133.50
Closed: 132.45 (1/2: +25, 1/2: +0)
Half closed at 132.70
GBP/USD - Short trade closed (+56 pips, ave.)
Opened Short: GBP/USD @ 1.5031
Stop level: 1.5062
Target level: 1.4950
Closed: 1.4950 (1/2: +32, 1/2: +81)
Half closed at 1.4999
Have a good evening.
FXLR team
www.forexliveroom.com
Summary
- 2 Live Room trade calls; 1 win, 1 breakeven.
- 3 Intra-day trade calls; 2 wins, 1 breakeven.
Live room trades
EUR/USD - Short Call (+8 pips)
Live Room Call: Entry on the break of 1.3270
1st Level: 1.3254, +16 pips
2nd Level: 1.3270, +0 pips
Stop: 1.3295
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.5090
1st Level: 1.5090, +0 pips
Stop: 1.5115
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
USD/CAD - Long trade closed (+0 pips)
Opened Long: USD/CAD @ 1.1721
Stop level: 1.1685
Target level: 1.1820
Closed: 1.1721 (+0 pips)
EUR/JPY - Long trade closed (+12 pips, ave.)
Opened Long: EUR/JPY@ 132.45
Stop level: 132.07
Target level: 133.50
Closed: 132.45 (1/2: +25, 1/2: +0)
Half closed at 132.70
GBP/USD - Short trade closed (+56 pips, ave.)
Opened Short: GBP/USD @ 1.5031
Stop level: 1.5062
Target level: 1.4950
Closed: 1.4950 (1/2: +32, 1/2: +81)
Half closed at 1.4999
Have a good evening.
FXLR team
www.forexliveroom.com
Wednesday, 6 May 2009
FXLR - Trades Update - Wed 06May09
FXLR Daily Roundup – 6th May 2009
Summary
- 3 Live Room trade calls; 3 wins.
- No Intra-day trade calls.
Live room trades
USD/CAD - Short Call (+21 pips)
Live Room Call: Entry on the break of 1.1765
1st Level: 1.1745, +20 pips
2nd Level: 1.1743, +22 pips
Stop: 1.1792
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Long Call (+18 pips)
Live Room Call: Entry on the break of 98.28
1st Level: 98.48, +20 pips
2nd Level: 98.44, +16 pips
Stop: 98.02
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+27 pips)
Live Room Call: Entry on the break of 1.5047
1st Level: 1.5075, +28 pips
2nd Level: 1.5073, +26 pips
Stop: 1.5047
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
No trade alerts.
Have a good evening.
FXLR team
www.forexliveroom.com
Summary
- 3 Live Room trade calls; 3 wins.
- No Intra-day trade calls.
Live room trades
USD/CAD - Short Call (+21 pips)
Live Room Call: Entry on the break of 1.1765
1st Level: 1.1745, +20 pips
2nd Level: 1.1743, +22 pips
Stop: 1.1792
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Long Call (+18 pips)
Live Room Call: Entry on the break of 98.28
1st Level: 98.48, +20 pips
2nd Level: 98.44, +16 pips
Stop: 98.02
(Allow few pips for slippage on entry/exit levels)
GBP/USD - Long Call (+27 pips)
Live Room Call: Entry on the break of 1.5047
1st Level: 1.5075, +28 pips
2nd Level: 1.5073, +26 pips
Stop: 1.5047
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
No trade alerts.
Have a good evening.
FXLR team
www.forexliveroom.com
Tuesday, 5 May 2009
FXLR - Trades Update - Tues 05May09
FXLR Daily Roundup – 5th May 2009
Summary
- 4 Live Room trade calls; 1 win, 2 breakevens, 1 loss.
- 5 Intra-day trade calls; 5 wins.
Live room trades
EUR/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.3342
1st Level: 1.3342, +0 pips
Stop: 1.3365
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Long Call (+0 pips)
Live Room Call: Entry on the break of 99.06
1st Level: 99.06, +0 pips
Stop: 98.88
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (-5 pips)
Live Room Call: Entry on the break of 1.1320
1st Level: 1.1325, -5 pips
Stop: 1.1340
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (+40 pips)
Live Room Call: Entry on the break of 1.1316
1st Level: 1.1282, +34 pips
2nd Level: 1.1269, +47 pips
Stop: 1.1341
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
USD/CAD - Short trade closed (+20 pips, ave.)
Opened Short: USD/CAD @ 1.1718
Stop level: 1.1742
Target level: 1.1600
Closed: 1.1718 (1/2: +40, 1/2: +0)
Half position closed 1.1678
GBP/JPY - Short trade closed (+17 pips, ave.)
Opened Short: GBP/JPY@ 148.98
Stop level: 149.35
Target level: 147.00
Closed: 148.98 (1/2: +34, 1/2: +0)
Closed half at 148.64
EURJPY - Short trade closed (+11 pips, ave.)
Opened Short: EUR/JPY@ 131.97
Stop level: 132.23
Target level: 131.00
Closed: 131.97 (1/2: +23, 1/2: +0)
Half closed at 131.74
AUD/USD - Short trade closed (+21 pips, ave.)
Opened Short: AUD/USD @ 0.7408
Stop level: 0.7440
Target level: 0.7315
Closed: 0.7388 (1/2: +22, 1/2: +20)
Closed half at 0.7386
EUR/USD - Short trade closed (+26 pips, ave.)
Opened Short: EUR/USD @ 1.3318
Stop level: 1.3345
Target level: 1.3220
Closed: 1.3288 (1/2: +22, 1/2: +30)
Closed half at 1.3296
Have a good evening.
FXLR team
www.forexliveroom.com
Summary
- 4 Live Room trade calls; 1 win, 2 breakevens, 1 loss.
- 5 Intra-day trade calls; 5 wins.
Live room trades
EUR/USD - Short Call (+0 pips)
Live Room Call: Entry on the break of 1.3342
1st Level: 1.3342, +0 pips
Stop: 1.3365
(Allow few pips for slippage on entry/exit levels)
USD/JPY - Long Call (+0 pips)
Live Room Call: Entry on the break of 99.06
1st Level: 99.06, +0 pips
Stop: 98.88
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (-5 pips)
Live Room Call: Entry on the break of 1.1320
1st Level: 1.1325, -5 pips
Stop: 1.1340
(Allow few pips for slippage on entry/exit levels)
USD/CHF - Short Call (+40 pips)
Live Room Call: Entry on the break of 1.1316
1st Level: 1.1282, +34 pips
2nd Level: 1.1269, +47 pips
Stop: 1.1341
(Allow few pips for slippage on entry/exit levels)
Intra-day trades
USD/CAD - Short trade closed (+20 pips, ave.)
Opened Short: USD/CAD @ 1.1718
Stop level: 1.1742
Target level: 1.1600
Closed: 1.1718 (1/2: +40, 1/2: +0)
Half position closed 1.1678
GBP/JPY - Short trade closed (+17 pips, ave.)
Opened Short: GBP/JPY@ 148.98
Stop level: 149.35
Target level: 147.00
Closed: 148.98 (1/2: +34, 1/2: +0)
Closed half at 148.64
EURJPY - Short trade closed (+11 pips, ave.)
Opened Short: EUR/JPY@ 131.97
Stop level: 132.23
Target level: 131.00
Closed: 131.97 (1/2: +23, 1/2: +0)
Half closed at 131.74
AUD/USD - Short trade closed (+21 pips, ave.)
Opened Short: AUD/USD @ 0.7408
Stop level: 0.7440
Target level: 0.7315
Closed: 0.7388 (1/2: +22, 1/2: +20)
Closed half at 0.7386
EUR/USD - Short trade closed (+26 pips, ave.)
Opened Short: EUR/USD @ 1.3318
Stop level: 1.3345
Target level: 1.3220
Closed: 1.3288 (1/2: +22, 1/2: +30)
Closed half at 1.3296
Have a good evening.
FXLR team
www.forexliveroom.com
Monday, 4 May 2009
FXLR - Trade Update - Mon 04May09
FXLR Daily Roundup – 4th May 2009
Summary
- No Live Room trade calls.
- 3 Intra-day trade calls; 3 wins.
Live room trades
No trade calls.
Intra-day trades
EUR/USD - Short trade closed (+32 pips, ave.)
Opened Short: EUR/USD @ 1.3281
Stop level: 1.3295
Target level: 1.3200
Closed: 1.3237 (1/2: +20, 1/2: +44)
Half closed at 1.3261, pair made a low of 1.3211
GBP/USD - Long trade closed (+10 pips, ave.)
Opened Long: GBP/USD @ 1.4972
Stop level: 1.4945
Target level: 1.5100
Closed: 1.4972 (1/2: +20, 1/2: +0)
Half closed 1.4992
USD/CHF - Short trade closed (+36 pips, ave.)
Opened Short: USD/CHF @ 1.1314
Stop level: 1.1342
Target level: 1.1200
Closed: 1.1270 (1/2: +28, 1/2: +44)
Half closed 1.1286
Have a good evening.
FXLR team
www.forexliveroom.com
Summary
- No Live Room trade calls.
- 3 Intra-day trade calls; 3 wins.
Live room trades
No trade calls.
Intra-day trades
EUR/USD - Short trade closed (+32 pips, ave.)
Opened Short: EUR/USD @ 1.3281
Stop level: 1.3295
Target level: 1.3200
Closed: 1.3237 (1/2: +20, 1/2: +44)
Half closed at 1.3261, pair made a low of 1.3211
GBP/USD - Long trade closed (+10 pips, ave.)
Opened Long: GBP/USD @ 1.4972
Stop level: 1.4945
Target level: 1.5100
Closed: 1.4972 (1/2: +20, 1/2: +0)
Half closed 1.4992
USD/CHF - Short trade closed (+36 pips, ave.)
Opened Short: USD/CHF @ 1.1314
Stop level: 1.1342
Target level: 1.1200
Closed: 1.1270 (1/2: +28, 1/2: +44)
Half closed 1.1286
Have a good evening.
FXLR team
www.forexliveroom.com
Friday, 1 May 2009
FXLR - Trade Update - Fri 01May09
FXLR Daily Roundup – 1st May 2009
Summary
- No Live Room trade call.
- 3 Intra-day trade calls; 2 wins, 1 breakeven.
Live room trades
No trade calls.
Intra-day trades
GBP/JPY - Short trade closed (+0 pips)
Opened Short: GBP/JPY @ 145.88
Stop level: 146.25
Target level: 144.00
Closed: 145.88 (+0 pips)
GBP/USD - Short trade closed (+31 pips, ave.)
Opened Short: GBP/USD @ 1.4885
Stop level: 1.4918
Target level: 1.4750
Closed: 1.4843 (1/2: +20 pips, 1/2: +42)
Half closed at 1.4865
GBP/JPY - Short trade closed (+15 pips, ave.)
Opened Short: GBP/JPY @ 147.71
Stop level: 148.05
Target level: 146.00
Closed: 147.71 (1/2: +30 pips, 1/2: +0 pips)
Half closed at 147.41
Have a great weekend.
FXLR team
www.forexliveroom.com
Summary
- No Live Room trade call.
- 3 Intra-day trade calls; 2 wins, 1 breakeven.
Live room trades
No trade calls.
Intra-day trades
GBP/JPY - Short trade closed (+0 pips)
Opened Short: GBP/JPY @ 145.88
Stop level: 146.25
Target level: 144.00
Closed: 145.88 (+0 pips)
GBP/USD - Short trade closed (+31 pips, ave.)
Opened Short: GBP/USD @ 1.4885
Stop level: 1.4918
Target level: 1.4750
Closed: 1.4843 (1/2: +20 pips, 1/2: +42)
Half closed at 1.4865
GBP/JPY - Short trade closed (+15 pips, ave.)
Opened Short: GBP/JPY @ 147.71
Stop level: 148.05
Target level: 146.00
Closed: 147.71 (1/2: +30 pips, 1/2: +0 pips)
Half closed at 147.41
Have a great weekend.
FXLR team
www.forexliveroom.com
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