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.

Latest Posts

March 2010

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Archives

March 2010
Monthly Archive

Cross-Eyeing: EURJPY - Trade Closed

Unfortunately, my long EURJPY trade got stopped out at 124.35 yesterday. Prior to that, the price broke above the psychological 125.00 mark only to fall back after credit woes in the euro zone resurfaced. … More…

Cross-Eyeing: GBPJPY - Trade Closed

It looks like I was too aggressive with this one, shorting way too early, and placing my stop too tight. Do'h! … More…

Cross-Eyeing: EURJPY - Closed Open Orders

With the euro posting some gains over the past couple of days, it looks like I missed out... Again! … More…

Cross Eyeing: AUDJPY - Trade Closed

The 50.0% Fibonacci and the trend line held pretty nicely, as the pair bounced higher and I was able to ride the intra-day trend. Unfortunately for me, the move wasn't sustained, topping out near the 83.00 handle. … More…

Cross-Eyeing: GBPJPY - Closed Open Orders

D'oh! The bearish pennant chart pattern I've been watching with my one good eye indeed broke out last week... but to the upside! Needless to say, my short entry order failed to trigger when the pair rallied upside. … More…

"Everyone has his burden. What counts is how you carry it."
Merle Miller
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