Don't Forget About FX Crosses | Forex Factory

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Don't Forget About FX Crosses

  • #1
  • First Post: Sep 13, 2007 8:38am Sep 13, 2007 8:38am
The video link below was sent out to our clients this morning and illustrates how critical it is to monitor more than just the pair you are looking to trade. Often times, the crosses will provide some very important information that could make or break your trade.

http://www.aspentrading.com/video/sep13.swf
  • #2
  • Last Post: Sep 13, 2007 11:29am Sep 13, 2007 11:29am
Quoting Dave Floyd
The video link below was sent out to our clients this morning and illustrates how critical it is to monitor more than just the pair you are looking to trade. Often times, the crosses will provide some very important information that could make or break your trade.

http://www.aspentrading.com/video/sep13.swf

Haven't watched the video yet, but I've always been one who advocated checking out EURGBP in order to gauge which of the two is more likely to "outperform" in the coming days...well, if this week hasn't been a good example, then I don't know what...

EURUSD stellar, GBPUSD stuck and weak => EURGBP trending higher.

Similiar skew can be found for AUD / NZD in AUDNZD(which just has been massively pro AUD lately until very recently).
Trust price. Know yourself.
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