Forex Profit Alert: April 29, 2009

 There were two gap trades this week. The USD/JPY gapped +32 pips on the open. The GBP/USD gapped +15 pips on the open and has already closed the gap. Both of these trades closed out their first leg at a profit, but the second leg was stopped out at breakeven.

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

There are no significant news announcements for tomorrow. Therefore, there are no mover’s trades for tomorrow’s session. 

Members login to view this content. (Not a member? Join today!)