Trade update: AUDYPY short, @76.23, target 75.70 and 75 GBPUSD short, @1.2930, target 1.2815 and 1.2750. NZDJPY short, @70.63, target 70, and 68.80. AUDUSD short, new, @0.7310, target 0.7250 and 0.7200 Still above 1-month rising line, bearish if ...

OxyGen FX Trading Journal

Good Morning Asia session traders. GBPUSD short, new, @1.2930, target 1.2815, 1.2750. I view the fall from Yearly high as impulsive, and the bounce from 1.2762 as corrective as it forms a rising-channel and hence a possible bearish flag. 1.30 zone ...

Cable Update (GBPUSD)

EURJPY, analysis. Strong fall broke various supports and firmly created a bearish SHS with neckline at 124.50 zone. Sell rallies to next support at 122.87 (13 Jan peak). Meanwhile, waiting to see if there is any more upside, and if it does, will ...

OxyGen FX Trading Journal

Trade update: GBPUSD short, @1.2930, target 1.2815 and 1.2750. NZDJPY short, @70.63, target 70, and 68.80. AUDYPY short, new, @76.23, target 75.70 and 75. The pair has broke below rising channel, and resting at 76.50 zone, which is a confluence of ...

OxyGen FX Trading Journal

Trade Update: GBPUSD short, @1.2930, target 1.2815, 1.2750. NZDJPY short, new, at 70.63, target 70, and 68.80. The fall from yearly high was supported by 70 figure. Had bounce up off 70 twice without any upward push. Bulls might be exhausted. Japan ...

OxyGen FX Trading Journal

Good Morning Asia! First session of the week! Good Luck! Trade Update: (new) GBPUSD short, new, @1.2930, target 1.2815, 1.2750. I view the fall from Yearly high as impulsive, and the bounce from 1.2762 as corrective as it forms a rising-channel and ...

OxyGen FX Trading Journal

Trade Update & Weekly Analysis: No trades held over the weekend. I usually try my best not to hold trades over weekends so as to have a peace of mind and focus on other aspects of life. Last Friday, had done mostly scalps. But wasn’t really ...

OxyGen FX Trading Journal

Hi Moty, you have got nice trades there, and probably had more experience than me in terms of no.of trading days, but let me offer a different perspective from a price action point of view. Purely my own view. Price action and patterns are mere ...

Cable Update (GBPUSD)

USDJPY made testing yearly low. From a weekly perspective, this 104-105 zone is a strong support. The big spike down to 101.18 during March 2020, might be a indicator of more dips to come from current/today's price. It is risky to go Long by ...

OxyGen FX Trading Journal

NZDUSD slowly drifts up during Asia, and made a yearly high at London opening! It peaked by mere 8 pips (to 0.6797), and just 3 pips away from 0.68 figure (but not really a psychological one) The rejection was mild at 20 pips. This price is within ...

OxyGen FX Trading Journal

Good morning Asia trading peeps! This morning I though mkts will be stagnant coz its Friday, and next Mon-Tue is JPY bank holiday. But look, NZDUSD is rising and challenging Yearly highs! I did my usual quick scan of Majors, they all seems to be ...

EURUSD

Good morning Asia! No trades yet. Today is Friday, events calendar for today is light. The market as a whole will unlikely will see any dedication to challenge an critical level (e.g 2020 high, critical trend-reversing supports) Sometimes it because ...

OxyGen FX Trading Journal

This might also shows that GBP pairs are subjected to any stray/casual comments from UK Politicians on the BREXIT issues. This makes GBP pairs very volatile. There is no similar reaction from any other Majors. Pure GBP.

Cable Update (GBPUSD)

I closed a GBPJPY Long just about 5 mins before this spike, as I wish to square for the day. Had I waited 5 mins more....would have had 100 pips GBPJPY in the bag!!! Anyway, lets not be too greedy. Come to think of it, earlier on, I was lucky that I ...

Cable Update (GBPUSD)

TRADE UPDATE: CADJPY Long, closed for +20 pips EURJPY Long, closed for +5 pips EURUSD Long, closed for zero GBPJPY Long, closed for +10 pips. US open, and did not provide the necessary up-lift. In fact, it seems traders are still thinking about ...

OxyGen FX Trading Journal

Quad Witching. Tomorrow. url (Quarter End Flows, next Friday) I believe FX will also see larger trading volume and volatility and maybe forced a big move or whipsaw. Nevertheless, not wise even during normal weeks to play the market on a Friday NY ...

EURUSD

TRADE UPDATE: CADJPY Long, new, target 80 figure. EURJPY Long, still active, -20 pips EURUSD Long, still active, -10 pips GBPJPY Long, still active, -30 pips. CADJPY touched rising line that begins from March2020. Taking a risk to expect a bounce. ...

OxyGen FX Trading Journal

I entered a small position short at 1.2974, just before BOE, now close when it thankfully fell and hit 1.2866, neckline of mini double bottom. At here, I am neutral and will not re-enter trade. image

Cable Update (GBPUSD)

For me, I decided to closed all GBPUSD shorts when it reached 1.2866, neckline of a mini double bottom. image

EURUSD

TRADE UPDATE: EURJPY Long, new EURUSD Long, new GBPUSD short, closed remainder for +110 pips when nears target, which is the neckline (1.2866) of mini double bottom of 11th-12th Sep. GBPJPY Long, still active, but -30 pips. Now with GBPUSD short no ...

OxyGen FX Trading Journal