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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What a way to end this trade! On Thursday, Standard and Poor's downgraded Japanese debt, sending yen pairs flying up the charts and stopping out my trade!… More…
It's times like these that I wish I had two eyes instead of one! While my single eye was focused on that bearish flag I had spotted on EUR/GBP, I was unaware of the ascending triangle that was forming on the pair… More…
