My deepest condolences. Do take a step back from trade, or whatever work, and take a good look at the love ones around you and cherish them.

Cable Update (GBPUSD)

I am not sure. But whenever EURUSD or GBPUSD has weird big moves.....I always check EURGBP, which I think is the culprit. Must be some Brexit news? EURGBP massive 50pips drop (50pips is a lot for EURGBP). GBPUSD trying its very best to break above ...

EURUSD

Hi Leashedmode, you are correct regarding emotions being a big factor when trading with real money. There is no "re-set" button. EURUSD is falling hard, as I speak.....

EURUSD

Yesterday had closed off trades in haste as it was not good to mix trading with drinks. Was thinking of reloading the Longs, but at this current level of a matured rally across the board, I deem it risky. Watching the ticks of Asia opening, ...

OxyGen FX Trading Journal

Trade update. Closed off all Longs. Was having a few drinks with friends hence no specific update as I closed thru my phone app. Closed EURJPY half at 125.20, the remainder at 125.40 abt +60pips Close NZUUSD full at abt +25pips Close GBPUSD full at ...

OxyGen FX Trading Journal

Had EURJPY Long, closed half position for +40 pips, aim 2nd target rising trendline. Not sure if will hit. Was thinking the triangle usually continues the trend, and also that 125 figure has been repeatedly tested and might just break. image

OxyGen FX Trading Journal

NZDUSD long 0.6635, small and cautiously. Aiming to break above triangle, and target critical resistance 0.6755, about 120pips away. NZDUSD made a short term expanding triangle, potential as a ending pattern, but there was no follow thru when price ...

OxyGen FX Trading Journal

Some personal thoughts. Yesterday's NY session of "just buy anything and whatever", has disrupted the bear momentum created by previous two bearish Daily candles seen on all Majors. Reminder, NFP this Friday. AUDJPY: Possible 5-wave up from Mar’20, ...

OxyGen FX Trading Journal

Once again like Monday, a great idea to chicken out JUST before US open. Why does US love to BUY? Just buy everything....anything..... Looking at the powerful GBPUSD bullish reversal immediately after US open (see 1hr chart), this really spooked me. ...

OxyGen FX Trading Journal

GBPUSD shorts. The 1.30 figure (resistance turned support) was tested yesterday, and only have a weak bounce. As mentioned, the shorts entered at Sydney session will aim for the lower range of yesterday's candle, which is at 1.30, and will closed ...

OxyGen FX Trading Journal

Cautious short the Majors. Although they are still technically in an uptrend, but the two Bearish Daily candles provide bear comfort. Will aim for the lower range of yesterday's candle. Will watch out for Asia opening later, to see what they want to ...

OxyGen FX Trading Journal

US open, Majors dip for like 10pips before rallying 20pips and more. I am lucky I closed off shorts just before US open, as I had observed that the Daily Candle (at that time) is beginning to over-stretch. I will not reload Shorts, as Majors are ...

OxyGen FX Trading Journal

EURAUD. I rarely trade this. Euro is now acting somewhat like a funding currency (just like USD and JPY). Hence going Long EURAUD is akin to going short AUDUSD. Long EURAUD small position from 1.6545. Target....nearly 200 pips away 1.6772 (29May2020 ...

OxyGen FX Trading Journal

EURUSD short hit 1.70 and I close with +92 pips. Also, closed off remainder AUDUSD shorts for 55 pips. Also, closed off remainder NZDUSD shorts for 46 pips. Looking at AUDUSD and NZDUSD Daily chart below, I see that the Daily candle is really quite ...

OxyGen FX Trading Journal

NZDUSD short, closed half position for +30pips for 1st target. As mentioned previous, NZDUSD made a small expanding (and very valid) triangle, and had broken below, which is bearish. (Most of the Majors already dipped in London session....NZD is ...

OxyGen FX Trading Journal

EURUSD short as previously mentioned. Had closed off half position at 1.1742, for 50pips. The price there is today's Sydney session low. Next target is 1.17 figure, which is a confluent of points, and prices may bounce there. image Majors continue ...

OxyGen FX Trading Journal

And.....AUDUSD bounce off a possible channel bottom. But this action means that this channel has been validated. Market participants are recognising this as a valid channel. The implication is, if AUD broke below this validated channel, market ...

OxyGen FX Trading Journal

AUDUSD short, first target reached for 38 pips, closed half a position. I had short other pairs but they have not yet "matured", hopefully won't turn sour. image

OxyGen FX Trading Journal

Opening the August 2020 session, NZ/Sydney open, slight rally. (Last Friday NY close sees Bearish Daily candle close for Majors.) I placed shorts now at Sydney hours, rather than wait 2 more hours for Tokyo/Singapore/Shanghai. The risk is that, ...

OxyGen FX Trading Journal

Just some personal thoughts. Last week, Majors continued uptrend, courtesy of poor US GDP, although on Friday (end of Month) all the Majors closed with a bearish daily candle (USDCHF, USDJPY bullish daily candle). Yen crosses are all in a ...

OxyGen FX Trading Journal