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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Doh! Looks like the 0.8400 handle was just out of reach as price bounced off a former low. Nevertheless a win's a win! … More…
After the EURJPY hit my first profit target, it quickly rose to break the rising trend line. Because of this, I decided to close all my remaining position and lock in profits. I could've have gotten more, but I don't feel bad at all. I have broken out of my trading slump and am slowly getting my game face back! Touchdown! … More…
Matching the weak with the strong. That's what's this trade is all about. With that said, I'm looking to buy one of the strongest performing currencies this year, the Loonie, and sell one of the weakest, the euro.… More…
Touchdown! I'm back in the game folks! Within hours after touching the 61.8% Fib, the GBPJPY tumbled down all the way to my profit targets. I am glad that I have finally ended my losing streak with this win. … More…
