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.
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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.… More…
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! … More…
