GBP/JPY and EUR/JPY trades for tomorrow…
January 29, 2009
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Forex Profit Alert: January 29, 2009
January 29, 2009
There are no gap trades open at this time.
The USD/JPY has a pending long pivot trade and a pending short pivot trade. The EUR/USD has a pending pivot short trade and a pending long trade. The GBP/USD has a pending long pivot trade and a new pending pivot trade. There is a pending short pivot trade and a pending long trade in the USD/CHF.
There are no significant news announcements during this next session, therefore; there are no movers trades for this next session
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Swing trade in the USD/CHF…
January 28, 2009
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Forex Profit Alert: January 28, 2009
January 28, 2009
There are no gap trades open at this time.
The USD/JPY has a pending long pivot trade and a new pending short pivot trade. 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 short pivot trade in the USD/CHF. We should have a new pivot high and low created during the next few session.
There are no significant news announcements during this next session, therefore; there are no movers trades for this next session
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One inside bar trade and one swing trade…
January 27, 2009
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Forex Profit Alert: January 27, 2009
January 27, 2009
There are no gap trades open at this time.
The USD/JPY has a pending long pivot trade and a new pending short pivot trade. 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 short pivot trade in the USD/CHF.
The U.S. has their FOMC announcement being released at 2:15 pm ET tomorrow. So, we have an opportunity to trade this mover. However, the consensus is that the rate will be held at 0.25%, so be careful not to get whipsawed out of the trade.
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Two swing trades…
January 26, 2009
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Forex Profit Alert: January 26, 2009
January 26, 2009
The EUR/USD gapped down twenty-two pips at the open of the new session. The first leg of the trade was profitable for +22 pips, but the second leg was stopped out at breakeven. The GBP/USD gapped down seventy-six pips but was stopped out.
The USD/JPY has a new pending long pivot trade. The EUR/USD has a pending pivot short trade and a new pending long trade. The GBP/USD has a pending long pivot trade. There is a pending short pivot trade in the USD/CHF.
There are no significant news announcements for tomorrow. Therefore, there will not be any movers trades during tomorrows session.
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Still in the USD/CHF inside bar trade…
January 25, 2009
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Forex Profit Alert: January 25, 2009
January 25, 2009
There were two gap trades at the open of this session. The EUR/USD gapped down twenty-two pips. The GBP/USD gapped down on the open seventy-six pips. The other two major pairs gapped at the open, but it was not enough to trigger a gap trade.
The USD/JPY has a pending long pivot trade. 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 short pivot trade in the USD/CHF.
There are no significant news announcements for tomorrow. Therefore, there will not be any movers trades during tomorrows session.
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