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Trade Room Performance 12-15 Today’s Pre-London session presented itself with plenty of potential short entries on various pairs pullbacks. As it was quite slow until the end of the session Luka was just waiting for a proper pullback on EURUSD and he got it eventually at the end of the session where he took 2 lots on EURUSD short from a 5min inside bounce. He cashed in +9 on 1 lot, and closed the rest for +17. This was a strong resistance level, and a fairly safe short trade on EURUSD as was mentioned on mic. For Franjo’s London session we saw some pullbacks on most pairs so Franjo was looking at potential bounce short opportunities at 60 minute levels or reversal long entries. First trade Franjo took was a bounce shor on GBPUSD at the 60 minute box. Franjo was never down more than the spread and GBPUSD bounced to the downside giving easy and quick +9 pips on half of his position and +15 on balance of position. Some cliets keeping the short position longer made 60+ pips as this was the high of the day. The next entry Franjo was looking at was a long reversal entry on EURJPY when EURUSD and USDJPY were both also at support. Franjo took the trade and was up +7 pips but he wanted to see his target met so he moved stop loss to break even without taking profit. USDJPY moved a little lower and cause EURJPY also to move lower so Franjo was stopped out for -1. As GBPUSD moved lower to test big number 1.5700 and just below was a potential long O2W set up with four fib band shade levels accross all four time frames Franjo entered the trade with a tight 10 pip stop loss. It took a while so 1 minute target came closer so Franjo moved his stop loss just below the previous low to -6 pips. Once again Franjo had +7 pips but he didnt want to take the profit waiting for first target to be hit. And again Franjo was stopped out for -6 pips before GBPUSD did bounce properly giving 20+ pips. Over all a bit difficult session with currency pairs not properly going all the way to Franjos targets. The New York Session was brisk, with Paul taking 2 trades but missing out on entries for several more by only a few pips. First trade was a long on Euro from the 15min box on its retracement from it move up in the second half of the London session. He entered at the 15 min it box but priced slipped past and he added 9 pips lower at the 15 min r7 which was also the 50% fib from the move up. Price went back up with Paul taking +6 and +10 on the lower and closing the higher for -4. Later in the session Euro gave another opportunity to go long, this time a a four column road block. Price quickly rebounded from his entry giving him +15 in a mater of seconds, with some in the room holding for 30 pips as price powered up. Tiger Time Lanes forex trading software is utilized in an online forex trade room with hundreds of other forex traders all trading live in our 24 hour online trading room. Learn forex trading from Professional Forex traders in a Live Market, using the Tiger Time Lanes, Dynamic Fibonnaci Grid forex trading software. For more information on a live online forex trading training course by professional traders in the Live market, click the link in the resource or bio box below...
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