Forex Profit Alert: July 29, 2009

The GBP/USD gapped up +41 pips at the open of the new session this week. This triggered a gap trade. The first leg of this trade closed out at a +41 pip profit. The second leg of this trade was stopped out at breakeven.

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

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

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