Thanks muchly for the advise! But I will pass on your offer. At this price and structure, I can't seemed to convince myself of the bullish analysis and R:R, and would likely close pre-mature before your 1.19 target. I ...

EURUSD

Today is a losing roller coaster ride for me. My original analysis says higher chance of EURUSD rally hence LONG when Asia opens. Asia was stagnant. Comes a few hours after London, price drift lower and lower fast, and I decided to ...

EURUSD

TRADE UPDATE: Sadly it is just not my day... The moment shorts trade was entered, it spiked up. Decided to close all, and step back and re-assess. I admit I was kind spooked when it spikes. (roll eyes...) Will wait for NY session. AUDUSD short, ...

OxyGen FX Trading Journal

TRADE UPDATE: AUDUSD Long, closed loss -15 EURJPY Long, closed loss -15 EURUSD Long, closed +5 NZDJPY Long, closed loss -15 USDCHF Long, from last week Decided to close Longs, as price stagnant through-out Asia, and starts to drift down even during ...

OxyGen FX Trading Journal

Good Morning Asia! Monday, 1st session of the week. Last week, I had focus on shorts, to no avail. I had avoided GBP, but it dropped hard. My shorts just, did nothing. This Asia session, all pairs are stagnant again. Just like last week, nobody ...

OxyGen FX Trading Journal

WEEKLY ANALYSIS: (My own perspective.) This week, GBP fell hard, while Majors (and their JPY) stood still. GBPUSD, GBPJPY, GBPCHF etc, easily down 500 pips and more. Mid-week did see EURUSD spike up briefly when ECB did not mention any plans to ...

OxyGen FX Trading Journal

Reproduced from EURUSD thread url My take on EURUSD. Could be bullish. It has broke below channel, but....it has no bearish follow-thru, and also bounced up off a possible rising line. Last week sees GBPUSD falling like a rock with BREXIT worries. ...

OxyGen FX Trading Journal

Don't worry guys, your big glory moment will come! Meanwhile, probably good to re-look position size in relation to your capital. Or choose another ccy pair if this pair has bad R:R, no need to force any trade or stick to any pair. Just my take. You ...

Cable Update (GBPUSD)

My take on EURUSD. Could be bullish. It has broke below channel, but....it has no bearish follow-thru, and also bounced up off a possible rising line. Last week sees GBPUSD falling like a rock with BREXIT worries. But apparently these worries are ...

EURUSD

We should never follow a Trader blindly. If the fake trader is always accurate, it is his misfortune that he have no capital, and his lost if he lack the guts to trade. Unless his real motive is a career in "FX coaching" Declaration of finance ...

EURUSD

Oops I must have missed out that post of his while I scroll thru the chat.

Cable Update (GBPUSD)

Good morning (from timezone ) From what I know, I think the DXY dollar ind main constituent is the Euro cuurency. This whole week is all about GBP and in a lesser extend is the Euro. I do not know what next week brings. The USD may never catch up ...

Cable Update (GBPUSD)

TRADE UPDATE: AUDUSD short, added another, closed all now for nett + 20 pips EURJPY short, added another, closed all now for nett + 10 pips EURUSD short, added another, closed all now for nett + 10 pips NZDJPY short, added another, closed all now ...

OxyGen FX Trading Journal

Asia fully opens, 1 hour, FX total stand-still. LOL ! Nobody dares to do anything. Sellers/Buyers all exhausted and empty of bullets after all the battles since last week FOMC Powell? Today is Friday, maybe market unwilling to push for a trend. ...

OxyGen FX Trading Journal

I seconded your view that it is okay to share opinions on any GU direction, ideas etc. I feel we should respect each other's decision. I feel it is okay to give a friendly altruistic gentle warning that a trade decision might be wrong, but ...

Cable Update (GBPUSD)

What an amazing price action this pair did, when ECB was much softer than expected in dealing with high EURUSD rates.! But the strengthening is a Euro move, (oh, and for CHF, which til now I do not know why), it is not a USD move. Looks like those ...

EURUSD

I agree with you that there EXIST a psychology regarding account size. Some of us automatically relate how much in actual cash the pips earned/lost, and the amount is relatable to the cost of lunch, clothes, phone, car etc. Hence, when trading Demo, ...

EURUSD

Hi SG3, 1. Load up on basic trading know-how and news. - url - url - url - url - url 2. Basically, if you have gone thru the whole of Babypips education, you would have an idea what style, money management etc that suits you. 3. Check out ...

the most important things in forex

TRADE UPDATE: AUDUSD short, still active, at +5 EURJPY short, still active, but at -10 EURUSD short, still active but at -10 NZDJPY short, still active, at +20 USDCHF Long, still active but at -35 Will hold on to it, will not add more, and see what ...

OxyGen FX Trading Journal

TRADE UPDATE: AUDUSD short, still active, but at - 20 EURJPY short, still active, but at -60 (shocking!) EURUSD short, still active but at -60 (shocking!) NZDJPY short, still active but at -20 USDCHF Long, still active but at -60 (shocking!) The ...

OxyGen FX Trading Journal