Cross-trade opportunities

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During this blog #wetradefx we`ll attempt to translate the cross idea into a USD-based trade.  When we spot a trade opportunity in a cross, trade the cross. We don`t try to outguess the market and pick which component will make the cross move.  We put our analysis of the charts and upcoming news events that may coming out. And the onset of electronic trading, it has never been easier to trade the crosses.

At the end of the day, we always consider that the market`s focus may be cross-driven rather than centered on the USD or any other single currency.  Some days it`s a dollar market, and other days it`s a cross market. GBP may be weakening across the board on weak U.K. data, but if the USD is similarly out of favor, the pound`s weakness is likely to be most evident on the crosses.

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