Live Forex Trading

Review 8-10-2012

Hello All,

I had a great end to the week today with a +38 pips Trade in our Forex Room. My trade was on the AUD/USD. I placed a long at 8:50am on AUD/USD. I had a tight stop on a trade placed at 1.0520 and I exited the trade at 1.0558.(At 10:40am EST) This day trading was recorded in a Forex Room. The day was a bit slow as news was scarce and the volume on the exchanges was slim. I must say the session picked up after the stock market got a little short squeeze at around 10:00am, this propelled our AUD/USD higher as you can see in the Live Forex Trading Video below.

I personally think a Live Forex Trading environment is very important in understanding the markets. Let's face it it is nice to write books and talk at seminars about trading but a Live Forex Trading atmosphere really puts the performance in your face! If you are interested in joining our Forex Room , or just want to follow us on twitter. Myfxbook posts all my trades taken in the trading room automatically, this you can view here.

Regards,

BT