Inside Bar Trades…
December 30, 2008
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Forex Profit Alert: December 30, 2008
December 30, 2008
There were no significant gaps at the open of this new session. Make sure to watch for the open in the New Year as there should be a gap trade at that time.
The USD/JPY has a pending long pivot trade and a pending short pivot trade. This pair should create a new pending long pivot trade at the close of this session. The EUR/USD has a pending pivot short trade and a pending long trade. The GBP/USD has a pending long pivot trade. There is a pending long pivot trade in the USD/CHF.
There are no significant news announcements for tomorrow. Therefore, there are no movers trades.
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EUR/USD Window of Opportunity…
December 29, 2008
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Forex Profit Alert: December 29, 2008
December 29, 2008
There were no significant gaps at the open of this new session.
The USD/JPY has a pending long pivot trade and a pending short pivot trade. The EUR/USD has a pending pivot short trade. This pair also created a new pending long pivot trade. The GBP/USD has a pending short pivot trade that was triggered during today’s session. This trade was stopped out at a loss. This pair also created a new pending long pivot trade. There is a pending long pivot trade in the USD/CHF. This pair created a pending short pivot trade that was triggered during today’s session and it was stopped out at a loss.
There are no significant news announcements for tomorrow. Therefore, there are no movers trades.
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Wednesday to Friday Gap Trade…
December 28, 2008
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Forex Profit Alert: December 28, 2008
December 28, 2008
There were no significant gaps at the open of this new session.
The USD/JPY has a pending long pivot trade and a pending short pivot trade. The EUR/USD has a pending pivot short trade. This pair also created a new pending long pivot trade. The GBP/USD has a pending short pivot trade. This pair also created a new pending long pivot trade. There is a pending long pivot trade in the USD/CHF. This pair created a pending short pivot trade.
There are no significant news announcements for tomorrow. Therefore, there are no movers trades.
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Holidays Weekly Report…
December 27, 2008
Hello all, and a Happy Holidays to everyone reading. This will be a shorter weekly report because of the holidays, but there was still some news that Forex traders will want to pay attention to over this shortened week. Although there were basically mostly GDP reports, these still affect the currency pairs we trade.
While it’s always rough to bring in some “doom and gloom” news during the holiday season, the numbers are what they are, but since the holiday shopping boosts won’t be seen until the reports next month, take everything worth a grain of salt and carefully plan your trades accordingly. So without further ado, here is this week’s version of the Forex news week in review.
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EUR/USD Inside Bar Setup…
December 22, 2008
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Forex Profit Alert: December 22, 2008
December 22, 2008
The GBP/USD gapped up about forty pips on the open of the new session. This triggered a short trade and this pair retraced the gap for a profit. The USD/CHF gapped down on the open about fifteen pips. This triggered a long trade and this pair also retraced it’s gap for a fifteen pip profit.
The USD/JPY has a new pending long pivot trade that was created at the close of Friday’s session. The EUR/USD has a pending pivot short trade. The GBP/USD has a pending short pivot trade. There is a pending long pivot trade in the USD/CHF.
There are no significant news announcements for tomorrow. Therefore, there are no movers trades.
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Counter-trend Trading…
December 21, 2008
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