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/CHF – Close Trade

Its the end of the US trading session and it looks like risk aversion continues as the Yen and the Swissy rally. I’d like to close the positions at market (1.6530) to lock in profits ahead of the abundance of news events we’re about to head into. So, we take a small profit of

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Cross-Eyeing: EUR/GBP

Hello Everyone! We have a nice technical setup on EUR/GBP, which looks like it’s ready to continue the trend lower. Fundamentally, interest rates are expected to hike further in both the UK and the Eurozone as inflation remains a concern to both regions, but we will probably see

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Cross-Eyeing: EUR/CHF – Trade Closed

It looks like we may have been a little bit premature in our entry on this pair. After our first entry, the pair dropped on carry trade liquidation as equity markets, starting in China sold off leading to risk aversion by market players. This move triggered our

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Cross-Eyeing: EUR/CHF – Trade Closed

The remaining portion of our trade was stopped out at breakeven last evening as traders lightened up on risk and unwound some of their carry trade positions. China triples the share tax on securities transactions which brings a concern that traders may

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Cross-Eyeing EUR/GBP – Close Trade

As I expected, EUR/GBP met resistance at .6850 and then turned lower during this morning’s Euro/Asia trading session. The Euro sold off against the Dollar big time as the interest rate cut outlook in the US seems to be waning – this affected Euro crosses across the board.

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Cross-Eyeing: EUR/GBP – Trade Closed

After a few days of waiting, our trade finally made the move down as the British Pound made rallied against the Euro this morning to hit our profit target at .6800. So, we were right in our outlook on the British Pound against the Euro and

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Cross-Eyeing: EUR/GBP – Trade Closed

We were stopped out of a frustrating trade today. At one point we were 2 pips away from hitting our first profit target, but it looks like Euro buying took over and bid the pair back up to our entry point and beyond to our adjusted stop levels. It looks like this pair will

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