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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.

Copyright 2008


Tue, 19 Aug 2008 19:11:09 -0500

Cross-Eyeing EUR/CHF - Trade Update

Good evening! Just a quick update on price action in EUR/CHF.

Wed, 13 Aug 2008 10:05:52 -0500

Cross-Eyeing: EUR/GBP - Trade Closed

Looks like UK data came out weak once again, pushing EUR/GBP higher during the European trading session to trigger my short trade at .7900. Unfortunately, there were not enough

Fri, 08 Aug 2008 15:44:35 -0500

Cross-Eyeing: EUR/JPY - Close Trade

We are approaching the end of the trading week and it looks like the rest of the market is already gone for the day, so I've decided to take the profits and run! I am going to

Tue, 05 Aug 2008 14:25:06 -0500

Cross-Eyeing: EUR/JPY - Close Open Orders

Shortly after I posted my thoughts on EUR/JPY, the pair fell hard and fast without looking back. There was no retracement to hit my short orders, and with the pair now trading around

Thu, 31 Jul 2008 11:29:14 -0500

Cross-Eyeing: EUR/GBP - Trade Closed

The Euro gained strength across the board in the morning European trading session, bring EUR/GBP up to our adjusted stop and closing our position at .7880 for a profit

Tue, 22 Jul 2008 22:22:22 -0500

Cross-Eyeing: EUR/CHF - Trade Closed

Grrrrrrr!! After nearly hitting our first profit target, EUR/CHF rallied this morning as global risk appetite grew on comments from US officials, oil weakness, and short covering.

Fri, 18 Jul 2008 14:43:44 -0500

Cross-Eyeing: EUR/GBP - Close Trade

With the end of the trading week quickly approaching, I have decided to close out my trade to avoid any potential event risk and take profits.

Tue, 15 Jul 2008 09:02:54 -0500

Cross-Eyeing: EUR/CHF - Trade Closed

Big day in global markets and we see risk aversion and anti-dollar sentiment priced in ahead of Fed Chairman Bernanke and Treasury Secretary Paulson's testimony to the US Congress later today.

Thu, 10 Jul 2008 14:06:45 -0500

Cross-Eyeing: EUR/GBP - Close Open Orders

After our trade idea was posted, EUR/GBP managed to pull back a bit, but not enough to trigger our long orders as the pair found support around .7935. With the market trading just below .8000, I look to

Tue, 01 Jul 2008 10:03:31 -0500

Cross-Eyeing EUR/CHF - Close Trade

EUR/CHF made another attempt at 1.61 before falling and triggering our long orders at 1.6050. It looks like the play today is risk aversion as

Tue, 24 Jun 2008 12:26:23 -0500

Cross-Eyeing EUR/CHF - Close Open Orders

It looks like our entry orders missed the market by a few pips as the pair made a high of about 1.6238 before falling during the morning European trading session.

Mon, 16 Jun 2008 10:00:49 -0500

Cross-Eyeing EUR/GBP - Close Trade

I have decided to close this trade out today as price action suggests that the market will continue to the push the pair lower. I suspect this is as

Mon, 09 Jun 2008 00:17:57 -0500

Cross-Eyeing EUR/CHF - Trade Closed

Nice way to start off the week as our trade closes shortly after trading begins in Asia as our short position hits our second profit target.

Tue, 03 Jun 2008 10:03:18 -0500

Cross-Eyeing EUR/JPY - Trade Closed

EUR/JPY hit 162.00 during the afternoon Asia trading session. We moved our stop down to 163.00 to lock in profits and in hopes to catch a further move, but

Fri, 23 May 2008 12:11:15 -0500

Cross-Eyeing EUR/CHF - Trade Closed

Our first profit target was hit yesterday, where we closed half of our position and moved our stop to break even on our remaining position. We did not get to see a