Cyclopip

Cyclopip

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. While other crosses move relatively slow and exhibit low volatility.

Articles by Cyclopip

Cross-Eyeing: EUR/JPY – Close Trade

Shortly after I posted my idea, EUR/JPY made a double bottom on an intraday basis and buyers were ready to push the pair higher. My first profit target was hit, but with potentially volatile US data coming up, I have decided to close out my position.

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