Forex Profit Alert: November 5, 2009

November 5, 2009 · Print This Article

The USD/JPY gapped +33 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 and long trade. The GBP/USD has a pending short trade and a new long trade. There is a pending long trade and a short trade in the USD/CHF.

The USD has their Non-Farm Payroll being released tomorrow at 8:30 am ET. The consensus is that the rate has improved from -263K to -175K.

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