Forex Profit Alert: 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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