Make a killing with EUR/JPY, GBP/JPY, AUD/JPY call options

Ah, I didn't realize the pair was referred to as a "cross". I thought he was alluding to some sort of price versus moving average technique.

 

Duration?

 

Shorter answer ..... Any currency combo that doesn't include the USD.

 

Technically not true. A cross is any currency that does not include the base currency.

 

EUR/JPY
GBP/JPY
AUD/JPY

 

Those are only cross rates for Americans. If you live in Japan, the EUR/JPY is NOT a cross rate. LOL.

 

Yes it is ...... the EUR/JPY doesn't include the USD.

 

Let me try this one more time for you. A cross rate is any rate that does not involve your local currency. It is NOT simply a currency that does not involve the dollar. In Japan, the EUR/JPY would not be referred to as a cross date as they have nothing to cross. They are simply exchanging their local yen for euros.

 

I don't agree.

There would be three currencies involved. Whatever EUR/JPY rate they agree on will be influenced by the USD.

 

Oy vey. I think you just jumped the shark dude. LOL.