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.

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Cross-Eyeing: EUR/CHF - Close Trade

Posted 07:47 08 December 2006 | 0

We've had a good run with this position, but it has been stagnant for the past few days and we have potential market market volatility with the NFP report coming ahead. It's time to take profits and look towards the next trade opportunity. At the current market price of 1.5895, we will close remaining lots for a 30 pip profit.

Lot 1: +30 pips
Lot 2: +30 pips
Total: +60 pips

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Forex Blog: Currency Cross-Eyed

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