Trading Forex Live 24HRs a Day
The live forex trading room is an interactive online room, open 24hrs a day, where fellow traders come together as a community to talk about the market, share individual strategies and learn and copy trades from each other and the professional forex traders who moderate.
Whilst the room is open, there are always moderators present, each an accomplished trader in their own right and highly experienced in using the Tiger Time Lanes (our special proprietary software used to analyse the market) to make their trading calls. One of the main strengths of the live forex trade room is the diverse nature in which each different moderator trades; each employing different strategies and styles be they short term scalping or longer term swing and day trades. To help guide room attendees all the moderators post trades that they take in the room. This allows the attendees to see how a professional trader uses his Time Lanes and other trading tools to profit from the market.
Latest Recordings of Live Trades Calls
Below you can watch recordings of a few recent live trades that were taken in real time in the trading room. Unless price action is unusually quiet there are, on most days, between 10-20 live trade calls made, many of these being made during ‘mic’ sessions.
How Does the Live Trading Room Work?
There are several different aspects to the way our trade room operates.
The live forex trade room is an online trade room that is open to all regardless of skill whether just beginning or seasoned trader. The screen is split into several sections. There is a participants list showing the moderators and fellow traders. There is a live chat window where you can chat freely with the moderators or other traders, exchange trading idea or look to learn from more experienced traders. There is an Announcements window where all the trade calls are placed (when a moderator takes a trade on his platform it is automatically announced for the room to see. Finally, there is the projection window where the TimeLanes software is projected so that traders can relate easily to what a moderator might be saying in a ‘mic’ session and cross analyse multiple forex pairs.
The Tiger TimeLanes Software
This, is predominantly the basis for most of the trades taken by moderators in the trade room. It relies mainly on the purist indicator of all, price, combining it with fibonacci extensions to give a real time indication of where price is likely to change direction. Its unique feaure is the ability to watch multiple time frames (up to nine) on just one chart.
The TimeLanes are built around the concept that understanding forex price action and how price can cycle through different stages is important, particularly for short term and scalping trades. You can read more about how the software works and how we use it, as well as the concept of price action trading, here.
Each moderator brings their own unique trading style to the room. There are a wide variety of trade types taken from forex scalping to longer term swing and position trades. As scalping involves short term trades a lot of the trades are scalps. However, longer term trades are not forgotten. Indeed, make up an important staple of the trades taken. Harmonics patterns play an important part in the longer term analysis for determining potential set ups with the TimeLanes used for precision of the entries and exits. We also have specific “London Close” strategy that we use regularly to great effect.
To further compliment the trading styles and strategies we have developed an automatic trading system that looks for a specific type of break out trade. It has been incredible successful, gaining for the 220% in just 18 months with little risk. The trades are automatically posted in the Trade Room chat and the set ups are discussed on ‘mic’ by the moderators. You can read more about FireFly here.
Live Microphone Sessions:
The help goes deeper than just typing messages into the chat though. The live forex trading room aims to cover all major trading periods with live “mic” sessions where the moderator will commentate on current price action and call out his trades in real time. On Monday to Friday there are live mic sessions for London Open 8.00-9.30am (3.00-4.30am EST) and New York Open 1.15-3.00pm (8.15-10.00am EST). In addition on, some days there will be other sessions for covering important news releases .
One thing we look to maintain is the incredible camaraderie that is present within the room helped by the many professional traders who are constantly helping less experienced traders. It is important to remember that trading is more than just the ability to find the best moment to enter the market but also about seeing the trade through both in the physical and psychological sense. Trading with other traders helps ease the doubts that can occur in traders mindsets also have to be dealt with and overcome. We place a high value on the great community spirit that the live forex trading room has engendered. The trade Room has seen many friendships forged through the trade room already.
We are genuinely committed to traders becoming successful. It make sure we can be as much help as possible we provide one to one mentoring for new members so that it eases the learning cure to trading forex as well as expedites their way to success.
This can also focus in on specific currency pairs that you like to trade. The Looney (USD/CAD) behaves differently from Aussie (AUD/USD) or Cable (GBP/USD). All pairs have their own unique characteristics that need to be understood to ensure they are traded successfully.
Forex Trading Tools
Unique and proprietary tools that can’t be got outside the trade room membership. These include a unique alert and trade management system designed for you to get the most out of the TimeLanes. In addition, we find and get access to the best available indicators and systems that are available so that trade room members always have the best trading tools available
Live Forex Trading Room
To sum up the forex trade room is a one stop shop for trading fx live and following professional traders calls and trades in real time.
If you would like to experience our trade room can help you in your trading then click the button below and join with fellow traders in mastering the currency markets becoming a successful