Forex Profit Alert: September 24, 2009
September 24, 2009
The four major pairs all gapped at the beginning of the new session this week, but none of the gaps where large enough to trigger a gap trade. So, we will have to wait until next week to see if there are any trades.
The USD/JPY has a long pending pivot trade and a short pending pivot trade. The EUR/USD has a pending short. The GBP/USD has a pending long trade and a new pending short trade. There is a pending long trade in the USD/CHF.
There are no news announcements being released tomorrow. Therefore, there are no mover’s trades for this next session.
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Window of opportunity…
September 23, 2009
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Forex Profit Alert: September 23, 2009
September 23, 2009
The four major pairs all gapped at the beginning of the new session this week, but none of the gaps where large enough to trigger a gap trade. So, we will have to wait until next week to see if there are any trades.
The USD/JPY has a long pending pivot trade and a short pending pivot trade. The EUR/USD has a pending short. The GBP/USD has a pending long trade and a new pending short trade. There is a pending long trade in the USD/CHF.
There are no news announcements being released tomorrow. Therefore, there are no mover’s trades for this next session.
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3 trading ideas for this session…
September 22, 2009
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Forex Profit Alert: September 22, 2009
September 22, 2009
The four major pairs all gapped at the beginning of the new session this week, but none of the gaps where large enough to trigger a gap trade. So, we will have to wait until next week to see if there are any trades.
The USD/JPY has a long pending pivot trade and a short pending pivot trade. The EUR/USD has a pending short. The GBP/USD has a pending long trade and a new pending short trade. There is a pending long trade in the USD/CHF.
There are no news announcements being released tomorrow. Therefore, there are no mover’s trades for this next session.
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Advantages of the 4 hour bar
September 21, 2009
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Forex Profit Alert: September 21, 2009
September 21, 2009
The four major pairs all gapped at the beginning of the new session this week, but none of the gaps where large enough to trigger a gap trade. So, we will have to wait until next week to see if there are any trades.
The USD/JPY has a long pivot trade. The EUR/USD has a pending short trade. The GBP/USD has a pending long and pending short trade. There is a pending long trade in the USD/CHF.
There are no significant news announcements being released tomorrow. Therefore, there are no movers trade’s for tomorrow.
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How to play the EUR/USD reversal!
September 20, 2009
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Forex Profit Alert: September 20, 2009
September 20, 2009
The four major pairs all gapped at the beginning of the new session this week, but none of the gaps where large enough to trigger a gap trade. So, we will have to wait until next week to see if there are any trades.
The USD/JPY has a long pivot trade. The EUR/USD has a pending short trade. The GBP/USD has a pending long and pending short trade. There is a pending long trade in the USD/CHF.
There are no significant news announcements being released tomorrow. Therefore, there are no movers trade’s for tomorrow.
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Definitely a Mix of Reports This Week
September 18, 2009
There has been plenty of news this week affecting the economic front, and not even the opening of the NFL season can muddy up the fact that a lot of economic reports were released over the past week. There were some definite ups and definite downs this week, which makes it all the more important to study the news and see what kind of impact various reports might have on the currencies of your choice.
Even beyond the many major economic reports this week, there were other bits of news that also are worth noting. Perhaps the most depressing report for the United States was the news that 42 states saw a net loss in jobs in August, which was up from 29 back in July and still shows that there’s a long way to go before full recovery.
Still, there were some positive reports, as well, and the stock market seems inclined to climb right now. While there are other stories not covered in the main economic reports for this week, there were so many released this week that there’s no more point in dilly-dallying around.
Hope your NFL team won in week one (sorry Carolina and Chicago fans - that was brutal), and beyond that without any further ado here is this week’s report on the week in review.
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