This Week is Nice and Simple

October 30, 2009

Welcome to the 70th installment of this week in review. It’s kind of hard to believe this much time has passed already, but over the past months a lot has improved. The first report came out at a time when the world financial markets could be compared to the famous story of Nero playing his harp while Rome was burning. Although we’re not completely out of the woods yet, fortunately a lot of positives have occurred since the worst of the storm, and there are plenty of reasons to have an optimistic hope about the future.

This week was about average as far as the number of major economic reports released. The reports are relatively evenly spread out, although Switzerland and Great Britain are absent this week as all of their reports were minor in nature.

While on some weeks recently the main economic news has been outside the scope of these reports with conferences or meetings, this week is nice and simple as the main news on the world economies comes directly from these releases.

So without any further delay, let’s jump into this week in review.

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Trade the 4 hour time frame…

October 29, 2009

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Forex Profit Alert: October 29, 2009

October 29, 2009

The GBP/USD gapped +15 pips at the open of this new session on Sunday at 5 pm ET. This triggered a gap trade.

The USD/JPY has a long pending pivot trade and a short pivot trade. The EUR/USD has a pending short trade. The GBP/USD has a pending short trade and a new long trade. There is a pending long trade and a new short trade in the USD/CHF.

There are no sugnificant news announcements being released tomorrow. Therefore, there is not a mover’s trade during tomorrow’s session.

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Correlation Code!

October 28, 2009

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Forex Profit Alert: October 28, 2009

October 28, 2009

The GBP/USD gapped +15 pips at the open of this new session on Sunday at 5 pm ET. This triggered a gap trade.

The USD/JPY has a long pending pivot trade and a short pivot trade. The EUR/USD has a pending short trade. The GBP/USD has a pending short trade. There is a pending long trade in the USD/CHF.

There are no sugnificant news announcements being released tomorrow. Therefore, there is not a mover’s trade during tomorrow’s session.

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Grab +80 pips…

October 27, 2009

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Forex Profit Alert: October 27, 2009

October 27, 2009

The GBP/USD gapped +15 pips at the open of this new session on Sunday at 5 pm ET. This triggered a gap trade. 

The USD/JPY has a long pending pivot trade and a short pivot trade. The EUR/USD has a pending short trade. The GBP/USD has a pending short trade. There is a pending long trade in the USD/CHF.

There are no sugnificant news announcements being released tomorrow. Therefore, there is not a mover’s trade during tomorrow’s session.

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Still waiting for the window to be closed?

October 26, 2009

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Forex Profit Alert: October 26, 2009

October 26, 2009

The GBP/USD gapped +15 pips at the open of this new session on Sunday at 5 pm ET. This triggered a gap trade. 

The USD/JPY has a long pending pivot trade and a short pivot trade. The EUR/USD has a pending short trade. The GBP/USD has a pending short trade. There is a pending long trade in the USD/CHF.

There are no sugnificant news announcements being released tomorrow. Therefore, there is not a mover’s trade during tomorrow’s session.

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Window of opportunity…

October 25, 2009

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