LOL yes, great points you mentioned here. Especially the part regarding politicians! Since market is always mentioned as "forward looking", and usually refers to "smart/big" money who are probably the ones who caused this 180 pip drop the very ...

USD/JPY Discussion

CNA news listed several potential candidates for replacing Abe. http://www.channelnewsasia.com/news/asia/japan-prime-minister-shinzo-abe-possible-successors-13046634 Here are some excerpts of two of them from the above link, as it concerns forex. ...

USD/JPY Discussion

Today, Japan PM Abe resigns. USDJPY sink like stone, (Yen strengthens, USD weakens) Yesterday Powell speech (aka FOMC direction, USD very dovish) made Yen pairs (risk asset pairs) rally to new multi month high, and Majors follow up during Asia ...

OxyGen FX Trading Journal

Hi. I guess you probably know by now. But here's a link. PM Abe resigned. url Fed Powell USD-dovish speech yesterday probably magnify to the UJ fall.

USD/JPY Discussion

Trade safe, guys. Very strange and volatile times I never thought Yen pairs can sink like this. ! If I am not wrong, USDJPY drop (aka USD weakens against Yen) magnify the already dovish sentiments of USD by Fed Chair, resulting in now Majors massive ...

Cable Update (GBPUSD)

Stayed out of this volatile market for the week.. Not experience enough to tackle. Thu Fed Chair Powell gave dovish comments on the inflation outlook and monetary policy at the opening of Jackson Hole Symp. (I am not well versed in such details, ...

OxyGen FX Trading Journal

I think I will stay out this week for any form of serious trading. There will be much volatility these two days. Today will see Speech by Fed Chair and followed by Jackson Hole Sym. And end of Month flows. I not not well verse in econ news, but the ...

OxyGen FX Trading Journal

Thank you for posting this nice summary. Hope you can post it once in a while again just to as a refresher. The DXY does look very up potential. That said, in general, I would also like to add my humble opinion that patterns are just showing ...

Cable Update (GBPUSD)

Congrats to those who captured pips! I have no time quiet time this few days for trading due to lots errands, and today trying to transfer things from cranky old phone to new phone....THAT I reckon would drive anyone crazy. GU looks to me is ...

Cable Update (GBPUSD)

Fast week for forex, slow week for me. Been away from the charts for the last two days, finally able to do it this morning for Asia opening. For me, it never works out trading seriously from handphone. The occasional monitoring or quick close is ...

OxyGen FX Trading Journal

Shorts on Majors and CHFJPY are still actiive. Not much has changed for the price action of the Majors and Yen pairs. They have moved back up somewhat 30-50 pips before falling back to the Monday opening price. Shorted some more on this up move, ...

OxyGen FX Trading Journal

Short CHFJPY. Previously it has broke below rising channel and then recovered slightly. Hope it fall further. I hope CHF weaken by the blessing of SNB. LOL

OxyGen FX Trading Journal

First day of the week, last week of the month. Will likely see some volatility as Fri draws near, but reckon not as much as a Quarter end flows. Last week, market ended with a bear mood. I suspect the weekend will see market participants digesting ...

OxyGen FX Trading Journal

Weekly analysis. Last week’s star player is the GBPUSD among the Majors. . The week does not have top tier news. Majors rally to new highs on Monday/Tue, but the pessimistic FOMC minutes started the roller coaster, 4 large Daily candles side by side ...

OxyGen FX Trading Journal

This 1.3120 zone seems to be a popular ""resting"" area. Trade safe, guys. Last session for the week. image

Cable Update (GBPUSD)

Congrats to those who managed to profit from the dip! I board the same bus as you guys, but had alight at a earlier stop, so did not have time to say "Hi"

EURUSD

Trade update: EURJPY remainder shorts, close now for +70 pips CHFJPY remainder shorts, close now for +55 pips AUDCAD shorts, close for +5pips USDCHF longs, close for + 20pips image image Tired. Dun wanna push my luck. They are near their supports ...

OxyGen FX Trading Journal

Great! I hope you had also caught the dip from 140 right now. I had shorted it on the 1st and 2nd failed test of 140. Now this 3rd one....you know what they say...3rd time lucky....so I dare not participate... image

Cable Update (GBPUSD)

EURGBP vulnerable to further fall right now, and GBPJPY retesting 140 to try break above.

Cable Update (GBPUSD)

Trade update: EURJPY shorts, close half for +45 pips image CHFJPY shorts, close half for +40 pips image AUDCAD shorts still active at +3 pips....LOL USDCHF Longs still active at +8 pips....

OxyGen FX Trading Journal