About Currency Cross-Eyed

Currency Cross-Eyed Author

Trading currency crosses opens a whole new side of the currency markets, as different crosses possess different qualities that can suit any style of trading. Some crosses move fast and are extremely volatile with daily ranges that may exceed over 100 pips. While other crosses move relatively slow and exhibit low volatility, which is more suited for novice traders.

November 2009

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Archives

Currency Cross-Eyed

Cross-Eyeing: GBPJPY

Finally! On my last blog entry, I was watching the symmetrical triangle and waiting for a breakout to put a position on. After waiting for a week, a breakout lower on GBPJPY has finally come through at the open of today's Asia trading session.…

Cross-Eyeing: GBPJPY

Good afternoon! There's a sweet chart pattern forming on GBPJPY signaling that the pair may break out in the near future. Let's take a look, shall we? …

Cross-Eyeing: EURJPY - Trade Closed

EURJPY couldn't find a bid today as sellers came in and pushed the pair lower throughout the three major trading sessions on concerns the economy wouldn't be able to sustain itself once stimulus is withdrawn.…

Cross-Eyeing: EURJPY - Closed Trade

Good afternoon! My long position was triggered at 130.00 and after consolidating for a short period of time, buyers pounced on EURJPY and quickly pushed the pair back up to 131.00.…

Cross-Eyeing: EURJPY - Trade Closed

It looks like EURJPY sellers were no where to be found in this bullish market as the falling trendline failed to hold this time and EURJPY found its way to my stop out level.…

Cross-Eyeing: EURJPY - Close Trade

Good morning and what a morning it is with the US releasing this month's jobs data. We certainly saw massive volatility after the US reported a loss of 216K jobs in August. Even more importantly to traders, unemployment rose to 9.7%. Yikes! …

Cross-Eyeing: EURJPY - Close Open Orders

What is up! Looks like I couldn't catch a break during today's trading session as my short orders at 136.00 never triggered. It was a volatile day for EURJPY as the pair fell to…

Cross-Eyeing: GBPJPY- Trade Closed

Good afternoon! There was a bit of pull back from pound weakness during the Asia trading session today and GBPJPY rallied back above my adjusted stop. Where did GBP strength come from?…

Cross-Eyeing: EURJPY - Close Trade

Good afternoon! It looks like a touch of lower consumer confidence has been added to the bad taste US retail sales data left yesterday, and traders sold off riskier assets by the loads.…

Cross-Eyeing EURJPY - Trade Closed

Good morning! It looks like I was able to catch a bit of profit during the Asia and European trading session on EURJPY. …

"Anyone who lives within their means suffers from a lack of imagination."
Oscar Wilde
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