Forex Profit Alert: March 31, 2009

Three of the four major pairs gapped on the open. The EUR/USD gapped +74 pips at the open of the new session. The second leg of this trade is still going. The GBP/USD pair closed out today at a +47 pip profit. There was a +41 pip gap in the USD/CHF at the open. The second leg of this pair is still going.

The USD/JPY has a pending short pivot trade. The pending pivot long trade closed out today at a 4 pip loss. The EUR/USD has a pending short trade and a new pending long pivot trade. The GBP/USD has a pending short pivot trade and a pending pivot long trade. There is a pending long pivot trade and a new pending short pivot trade in the USD/CHF.

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

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