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    • OxyGen_FX replied Oct 15, 2020

      Hi All, long time no visit this thread. Good pips to everyone. My own view of the EU Drawn on the Daily is a rising line that starts from June. (Although I am not too confident of it, as there is not many touch points to validate this line). EU has ...

      EURUSD
    • OxyGen_FX replied Oct 15, 2020

      Hi Coreg, I do not trade your system, but your words are very insightful even for use for other systems, and I give you my thanks as it also serves as a reminder for myself. I especially like the phrases: - Which swing do we analyze? - What TF we ...

      Cable Update (GBPUSD)
    • OxyGen_FX replied Oct 15, 2020

      Asia now fully open, with no panic selling of stocks nor FX. In fact, Asia Indices are gently rising. Previously, I mentioned reports of money flowing to China bonds for safety and interest rates. This might explain why Asia is rising. Money might ...

      OxyGen FX Trading Journal
    • OxyGen_FX replied Oct 15, 2020

      I am shorting GBP in general, and have divided the position into GBPJPY and GBPUSD GBPJPY, I am proposing that the rally from 21 Sep is a bearish flag, and GJ has broken below, and had tried to rally back but failed. image GBPUSD, I am proposing ...

      Cable Update (GBPUSD)
    • OxyGen_FX replied Oct 15, 2020

      GU has moved 120 pips so far for today (based on the Daily Candle, which still has about 9 more hours to go) image 120 pips is quite a lot, even for GBPUSD. Looking leftwards, we can see some candles are much longer, probably 140 or 150 pips ...

      Cable Update (GBPUSD)
    • OxyGen_FX replied Oct 15, 2020

      As mentioned in my previous post, GU is fully capable of doing huge (120-150 pips) back to back Daily TF candles. (see white arrow in the chart, during August) It seems to be doing that right now. Sadly, that means bull and bears both must ...

      Cable Update (GBPUSD)
    • OxyGen_FX replied Oct 15, 2020

      You are most welcome! This will save time for members here who missed out certain news. I am only highlighting the possible risk, not saying that it will 100% affect it. Also, I have been trading long enough to grow tired of price going the other ...

      Cable Update (GBPUSD)
    • OxyGen_FX replied Oct 15, 2020

      GBPUSD is currently affected strongly (and specifically) by : - BREXIT issues (today is deadline, although everyone knows it's gonna extend, but still...) - COVID worsening. (BTW, France just announced new curfew) (Vaccine trials stopping for two of ...

      Cable Update (GBPUSD)