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New York Session's Overview

Play New York Session's broadcast   Session Notes
  Trader hosting this session Host: Andy Shearman View Andy's profile
  Date this session took place Date: 04Aug10
  Number of Pips/Points taken in this session P/L: -10 pips
  Editor's Video Rating for this session

Rating: 

3 Star Rating for this session
  Play this Session's broadcast Play Broadcast
  FXMMLive Transcripts
    View this session's transcript posted by Fxmmlive Traders 04Aug10 Traderoom transcript (Trader Calls)
    View this session's transcript posted by Fxmmlive Clients 04Aug10 Traderoom transcript (Clients)
  Editors Comments
    Andy went short Eur/JPY in a Bounce trade with 4 columns of resistance above. He took 10 pips profit on a trade that moved 20 pips in Andys direction.
Later he sold Eur/USD, looking for a move down into clear roads. Andy got stopped out just before News, whereas Money Map clients who had a slightly bigger stop loss held on, didnt get stopped out, and picked up 50+ pips profit after Eur/USD collapsed after the News release
The moderators also had better time of it today posting 4 trades for a +29 pip Gain. (see transcript for details)
Total for the Sessions today +19.
 
What is the New York Session?
Everyday FXMMLive hosts a LIVE trading session for the New York open where a professional trader commentates in the traderoom live and broadcasts the Fx Money Map software to show you how to trade the forex markets.

We have new novice forex traders joining the traderoom following our professional traders who make live calls.

 So what does it mean for you?

 Unfortunately today's session resulted a negative trade, Andy explains "Part of being a successful trader is to manage your trades by minimising your loss, i.e. Using a stop  loss with correct money management techniques. A professional trader cannot guarantee a 100% success rate and how you overcome this is by making the next trade positive result.
How do I get access to the traderoom?
For a Limited period FXMMLIve is giving you the chance to get free access to the live traderoom where you can see how easy it is to follow and copy cat all of our traders calls live as well as asking questions.



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