Breakout Trade AUD/USD…
November 30, 2008
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Forex Profit Alert: November 30, 2008
November 30, 2008
The GBP/USD gapped on the open of the new session, sufficient enough to place a gap trade.
The USD/JPY has a pending long pivot and pending short pivot trade at this time. The EUR/USD has a pending long pivot trade and a new pivot short trade. This pair should create a new pivot high within the next few sessions. The GBP/USD has a pending long pivot trade and a pending short pivot trade. This pair should create a new pivot high within the next few sessions. There is a pending long and short pivot trade in the USD/CHF.
There are no movers trades for tomorrow.
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Holiday Cheer or Blues?
November 29, 2008
Another week of news has come and gone, and while many in the U.S. are settling in for the Thanksgiving holiday and priming up for the busiest shopping day of the year on Black Friday, but for the rest of the world it’s just another Thursday and Friday. The Forex markets don’t stop, and so the news keeps on coming in.
This week saw a wide myriad of reports from various economies, although things were relatively quiet compared to recent weeks. We’ll take this shift as a good thing, and hope it starts a trend. However, the biggest news of the week might be how retail sales are in the U.S. on Friday, November 28, and the following weekend. If they’re anything short of extraordinary, it could start a negative cascade that gives back most of the week’s gains. This will definitely be something to keep an eye on.
The week started with a major plan by the U.S. government to bail out yet another bank, and the reports kept coming on in. So without further ado, here’s this Thanksgiving week’s week in review:
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USD/CHF Over Extended Trade…
November 26, 2008
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Forex Profit Alert: November 26, 2008
November 26, 2008
There are no gap trades open at this time.
The USD/JPY has a pending long pivot and pending short pivot trade at this time. This pair created a new pivot low at the close of this session. The EUR/USD has a pending long pivot trade and a new pivot short trade. This pair should create a new pivot low within the next few sessions. The GBP/USD has a pending long pivot trade and a new pending short pivot trade. There is a pending short pivot trade in the USD/CHF. This pair should produce a new pivot high before the end of the week.
There are no movers trades for tomorrow.
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Scalping the USD/CHF…
November 25, 2008
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Forex Profit Alert: November 25, 2008
November 25, 2008
There are no gap trades open at this time.
The USD/JPY has a pending long pivot trade at this time. This pair should create a new pivot low at the close of this session. The EUR/USD has a pending long pivot trade and a new pivot short trade. This pair should create a new pivot low within the next few sessions. The GBP/USD has a pending long pivot trade and a new pending short pivot trade. There is a pending short pivot trade in the USD/CHF. This pair should produce a new pivot high before the end of the week.
There are no movers trades for tomorrow.
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+234 Pips Profit, 6 Setups, 5 Trades, 4 Winners…
November 24, 2008
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Forex Profit Alert: November 24, 2008
November 24, 2008
The GBP/USD pair gapped up on the open of the new session. The first leg of this trade produced a profit of +54 pips. The second leg of this trade was stopped out at breakeven.
The USD/JPY has a pending long pivot trade at this time. The EUR/USD has a pending long pivot trade and a new pivot short trade. The GBP/USD has a pending long pivot trade and a new pending short pivot trade. There is a pending short pivot trade in the USD/CHF. This pair should produce a new pivot high before the end of the week.
There are no movers trades for tomorrow.
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A Plethora of Inside Bar Trades…
November 23, 2008
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