Currency Cross-Eyed

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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.

Copyright 2012


Wed, 08 Feb 2012 02:29:21 -0500

Cranking up the Long Euro Positions: Buying EUR/JPY

With Greece one step closer to drafting a debt deal, I think it's time to hop on the euro bandwagon! This time, I'm going long as EUR/JPY seems to be breaking past the 102.00 handle!

Tue, 07 Feb 2012 02:27:44 -0500

EUR/CHF Approaching 1.2000 Floor: Time to Buy? - Trade Update

It's been smooth sailing for my EUR/CHF trade so far... I think I caught a bottom on this one! Check it out!

Mon, 06 Feb 2012 00:13:07 -0500

Weekly Watch: February 6 to 10, 2012

Now that the Super Bowl is done (congrats Giants fans!), it's time for us to hit the field running and rack up some rushing and passing pips! Here are some key levels to keep an eye on this week for my favorite cross-currency pairs, EUR/JPY, GBP/JPY, and EUR/GBP!

Tue, 31 Jan 2012 01:15:07 -0500

Got My Eye on a EUR/JPY Long-term Falling Trend Line - Orders Cancelled

Since I placed my sell orders, EUR/JPY has fallen about 200 pips, just as I had hoped! There's just one little problem...

Sun, 29 Jan 2012 23:20:16 -0500

Weekly Watch: January 30 to February 3, 2012

Though I'm still extremely pumped from watching the epic Djokovic-Nadal Australian Open finals, I took the time to label my charts to show you the levels I'll be looking at this week. Hopefully, we'll get some EPIC trades out of 'em!

Mon, 23 Jan 2012 22:18:07 -0500

Weekly Watch: January 23 to 27, 2012

Sorry, I'm a little bit late this week - pulled a hammy playing some football, but now I'm back! Here's a look at some levels to keep an eye on for the cross currency pairs this week!

Fri, 20 Jan 2012 01:37:35 -0500

Shorting the Falling Trend Line on EUR/JPY - Trade Closed

This week hasn't been kind to euro bears, myself included! The currency seems to be shrugging off all the bad vibes of the European debt crisis!

Sun, 15 Jan 2012 22:50:56 -0500

Weekly Watch: January 16 to 20, 2012

Our trio of crosses were very active and showed interest in the areas that we pointed out in last week's Weekly Watch. Let's see if this week's levels get reactions from the markets!

Fri, 13 Jan 2012 01:50:57 -0500

Jumping Back on the Short Euro Train with EUR/GBP - Trade Closed

Looks like I picked a bad time to short the euro! Yesterday's euro rally caused EUR/GBP to break its falling trend line and stop me out. It's a good thing I cut back my risk!

Mon, 09 Jan 2012 00:46:30 -0500

Weekly Watch: January 9 to 13, 2012

What a week for the euro, eh? Not only did it sink against the dollar, but it weakened against the rest of the majors as well! Could we see a repeat performance this week?

Fri, 06 Jan 2012 00:24:01 -0500

Cross-eyeing: Long-term Falling Trend Line on EUR/CAD - Trade Closed

Awww yeah! I'm lovin' 2012 already! I managed to bag a total of 280 pips on my first trade of the year! Check it out!

Sun, 01 Jan 2012 23:45:07 -0500

Weekly Watch: January 2 to 6, 2011

Happy New Year to one and all! I hope you were able to get plenty of rest over the holidays because this week, we're diving right back into the markets!

Tue, 27 Dec 2011 06:06:35 -0500

Surviving the Choppiness that Defined 2011

To say that trading was wild on cross-currency pairs this year would be an understatement. Despite the choppiness in the markets, I don't think I fared too badly at all. Here's a recap of my trading for 2011.

Thu, 22 Dec 2011 22:12:22 -0500

Cross-eyeing: A Sweet Technical Setup on GBP/JPY - Trade Closed

Resistance at around 122.20 didn't hold this time around, and unfortunately, my GBP/JPY position got stopped out. Not quite how I wanted to end the year, but good thing I didn't risk too much on this trade!

Sun, 18 Dec 2011 22:34:08 -0500

Weekly Watch: December 19 to 23, 2011

What a crazy week we saw last week! If you didn't catch the early sell-off, you might have had a harder time making some pips later in the week as we saw some major consolidation. With the holidays just around the corner, will the consolidation continue? Here are some levels to keep an eye on this week!