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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Ha! So much for "not breaking out anytime soon!" Thanks to some rather unexpected news, I took a hit on my short EUR/JPY position that I took yesterday.… More…
Boomshakalaka! We've got the Final Four coming up next weekend, but it's still Monday and y'all know what that means - it's time for my Weekly Winner! I've got a sweet-looking setup on EUR/JPY that in hindsight, I should have tried my luck on! … More…
Drats! Just when I thought I caught a winner, I got killed by the spread as my adjusted stop got hit! What's worse, price eventually hit my profit target! … More…
Sorry for the delay, fellas! Had to put off doing my Weekly Winner price action review today because I got caught up with my GBP/JPY trade! I'll fill you in on that later on... For now, let's check in on what GBP/JPY presented last week!… More…
Guess who's back, guys! It ain't Slim Shady, its GBP/JPY! The pair has come back to claim its position as Cyclopip's Weekly Winner. Come and see what it had in store for us last week!… More…
After seeing no major reaction after the release of the trade balance data, I decided to jump in. Unfortunately, things didn't go exactly as planned...… More…
How was your weekend fellas? Time to get over that hangover people, it's Monday! And y'all know what that means - it's time for Cyclopip's Weekly Winner! It turns out that I missed a nice setup on EUR/JPY early on Monday! … More…
Looks like I was right about being bullish on the euro. The only problem? I didn't get triggered and I got left behind! Ha!… More…
Okay, NOW I think it's time to call it quits on this trade and take my profits! There are just too many signs to ignore!… More…
