Cross-Eyeing: Downtrend on GBP/JPY - Trade Closed
Sometimes momentum is just too strong, and that's exactly what happened last week! I missed out on my GBP/JPY entry as risk aversion kept the pair from making a substantial pullback. … More…
About Currency Cross-Eyed
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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September 2011
Monthly Archive
Cross-Eyeing: Simple Fib Play on EUR/JPY - Took Profit!
Winner, winner, bunny dinner! I finally got another decent win as the weekly open on EUR/JPY held like a charm! … More…
September 19 to 23, 2011 Weekly Winner: EUR/GBP Range Produces Two 2:1 Trades
Darn, I never got the pullback I wanted on GBP/JPY! As it turns out, I should have paid a little more attention to EUR/GBP, which produced two really easy short opportunities. … More…
September 12 to September 16, 2011 Weekly Winner: Catching the GBP/JPY Retracement
GBP/JPY may be nicknamed after a small fish, but if you had been paying attention to it last week, you would've been able to land a big catch! I'm talking about a reward-to-risk ratio of 3:1, son!… More…
Cross-Eyeing: Sweet Retracement Play on EUR/AUD - Trade Closed
Drats! That retracement play on EUR/AUD wasn't so sweet after all! With the Australian dollar tanking across the board and the euro remaining steady, EUR/AUD zoomed up the charts and my trade got stopped out!… More…
September 5 to September 9, 2011 Weekly Winner: Capitalizing on Euro Weakness
Aside from that crazy drop on EUR/GBP (which I wasn't able to take full advantage of #%$@$#!!!), there was also an opportunity to capitalize on the euro's weakness on EUR/JPY. The reward-to-risk ratio? A solid 9:1! … More…
Cross-Eyeing: Day Trade on EUR/GBP - Trade Closed
Boy, where do I begin?! EUR/GBP dropped like a rock, falling over 130 pips without so much as looking back! Great news, right? Well...… More…
Cross-Eyeing: Day Trading the Range on EUR/JPY - Trade Closed
Well that didn't work out well! Unlike my previous EUR/JPY day trade, this range-play didn't pay off! Read up on how this would-be moneymaker turned against me.… More…
August 29 to September 2, 2011 Weekly Winner: Money in the Bank with EUR/GBP
Well darn my luck! Remember that range on the 4-hour chart of EUR/GBP that I had spotted about two weeks ago? Well, it held again last week, and boy did it deal out pips!… More…
