http://www.babypips.com/blogs/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. en Copyright 2009 Thu, 19 Nov 2009 12:53:38 -0500 http://blogs.law.harvard.edu/tech/rss Finally! On my last blog entry, I was watching the symmetrical triangle and waiting for a breakout to put a position on. After waiting for a week, a breakout lower on GBPJPY has finally come through at the open of today's Asia trading session. http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_gbpjpy_2.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_gbpjpy_2.html Thu, 19 Nov 2009 12:53:38 -0500 Good afternoon! There's a sweet chart pattern forming on GBPJPY signaling that the pair may break out in the near future. Let's take a look, shall we? http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_gbpjpy_1.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_gbpjpy_1.html Wed, 11 Nov 2009 13:44:58 -0500 EURJPY couldn't find a bid today as sellers came in and pushed the pair lower throughout the three major trading sessions on concerns the economy wouldn't be able to sustain itself once stimulus is withdrawn. http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_16.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_16.html Fri, 30 Oct 2009 17:30:03 -0500 Good afternoon! My long position was triggered at 130.00 and after consolidating for a short period of time, buyers pounced on EURJPY and quickly pushed the pair back up to 131.00. http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_15.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_15.html Wed, 07 Oct 2009 12:32:01 -0500 It looks like EURJPY sellers were no where to be found in this bullish market as the falling trendline failed to hold this time and EURJPY found its way to my stop out level. http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_14.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_14.html Thu, 17 Sep 2009 09:56:23 -0500 Good morning and what a morning it is with the US releasing this month's jobs data. We certainly saw massive volatility after the US reported a loss of 216K jobs in August. Even more importantly to traders, unemployment rose to 9.7%. Yikes! http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_13.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_13.html Fri, 04 Sep 2009 09:30:02 -0500 What is up! Looks like I couldn't catch a break during today's trading session as my short orders at 136.00 never triggered. It was a volatile day for EURJPY as the pair fell to http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_12.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_12.html Tue, 25 Aug 2009 16:42:38 -0500 Good afternoon! There was a bit of pull back from pound weakness during the Asia trading session today and GBPJPY rallied back above my adjusted stop. Where did GBP strength come from? http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_gbpjpy.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_gbpjpy.html Thu, 20 Aug 2009 15:27:57 -0500 Good afternoon! It looks like a touch of lower consumer confidence has been added to the bad taste US retail sales data left yesterday, and traders sold off riskier assets by the loads. http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_11.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_11.html Fri, 14 Aug 2009 12:57:18 -0500 Good morning! It looks like I was able to catch a bit of profit during the Asia and European trading session on EURJPY. http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_10.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_10.html Wed, 29 Jul 2009 09:12:49 -0500 Good afternoon friends! While we didn't see much of a push higher in EURJPY this week, it has gained a bit as traders have focused on the the idea that fundamentals are getting "less bad." Are we at the end of the recession? Is it time for a recovery? http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_9.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_9.html Fri, 24 Jul 2009 15:18:01 -0500 Risk aversion is back in a big way! Commodities and equities sold off during the morning US trading session, and where did all that cash go? Into the Japanese Yen! http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_8.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_8.html Wed, 08 Jul 2009 13:06:59 -0500 Good morning! My long orders at 132.00 were triggered, and it appears that was the major support area for the day as traders jumped in long around 131.50 - 132.00. The pair has been http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_7.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_7.html Tue, 23 Jun 2009 08:35:02 -0500 US Jobs data just came out and the US economy only lost 345K jobs (much less than forecast) and the unemployment rate came it at 9.4%. The markets took this as a sign that the recession is abating. There was a mixed reaction in http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_6.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_6.html Fri, 05 Jun 2009 09:05:19 -0500 Good morning! My trade was triggered shortly after I posted my trade idea as my short entry orders at 131.00 was hit in the afternoon US trading session. Slightly better than expected Japanese GDP numbers gave the Yen a http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_5.html http://www.babypips.com/blogs/currency-cross-eyed/cross-eyeing_eurjpy_5.html Wed, 20 May 2009 08:30:11 -0500