US opens, with most FX majors still mostly in consolidation (just click open a Daily chart candlestick, see how small the candle body is). The exception is GBPUSD, and to a smaller extend the USDJPY. TRADE UPDATE: Nothing to update, since prices are ...

OxyGen FX Trading Journal

image I am also looking at GU as forming a flag/channel, as shown in your chart above. I am seeing GU having broken below the channel, and had a bounce but is still within the channel and still holds possibility of falling. It has tried to re-take ...

Cable Update (GBPUSD)

I am avoiding this pair as I do not have the experience to handle such whipsaw situations. It's 1-hour timeframe price action is like what you see on a 1-second timeframe chart during NFP (okay, NFP of yester years....when it was a top tier event). ...

Cable Update (GBPUSD)

London Opens! From previous NY session to Asia, it was mostly consolidation. Let's see if London will move things lower (as I hoped, as I shorted......) or will things wait til NY again? GBP is falling hard. I avoided GBO, as BREXIT is just ...

OxyGen FX Trading Journal

TRADE UPDATE: Re-cap, last week's small positions all still active, except I had closed NZDUSD last Thursday for small profits. (post #235) Had shorted EURUSD this week and closed yesterday for small profits (post #236) Below are existing active ...

OxyGen FX Trading Journal

Good Morning Asia session traders! Some bearish development during NY session. Will need to monitor it's progress, one step at a time. Or rather, one ""support & resistance"" (S&R) at a time. Below, 4hr charts (except for AUDNZD, which is a Daily ...

OxyGen FX Trading Journal

TRADE UPDATE: EURUSD [email protected] closed for +50 pips EURUSD [email protected] closed for +30 pips image Other trades mentioned in post #235, still active, will update later. Earnings season. Amazon Prime day season.

OxyGen FX Trading Journal

TRADE UPDATE: I did not trade much last several days as I was busy with family errands. All the trades from last week is still active (except NZDUSD). All the trades are small positions. I am still proposing shorts based on a Daily timeframe. Trades ...

OxyGen FX Trading Journal

Last several days have been totally tiring handling mundane issues. Can't even be bothered to trade nor write. This journal in FF serves as a personal blog, as I have tried other media (including on phone app), but came one big round back to a forum ...

OxyGen FX Trading Journal

TRADE UPDATE: All trades still active as per previous previous post #230, not much movements. Hopefully the pairs move down so that I can profit. Trump have soften his stance regarding Stimulus package. Or whatever. I feel these are mere side shows. ...

OxyGen FX Trading Journal

TRADE UPDATE: All trades still active as per previous post, not much movement happening since NY open. I am proposing more dips, hence the shorts. If it does dip to my profit later today or tomorrow, I may close it using my phone while on the move. ...

OxyGen FX Trading Journal

TRADE UPDATE CADJPY [email protected], still active but at -65 pips AUDJPY [email protected] added new AUDJPY [email protected] AUDUSD [email protected], added new AUDUSD [email protected] NZDJPY [email protected], added new NZDJPY [email protected] NZDUSD [email protected], added new NZDUSD ...

OxyGen FX Trading Journal

TRADE UPDATE CADJPY [email protected], still active but at -65 pips new AUDJPY [email protected], small position, price may move a bit higher new AUDUSD [email protected], small position, price may move a bit higher new NZDJPY [email protected], small position, price may ...

OxyGen FX Trading Journal

Trump always like to tweet and after that (usually 24 hours later) the White House will clarify it is not what Trump meant. Most, if not all, Government officials, Political Leaders, CEOs in the World would be very careful with their words even ...

Cable Update (GBPUSD)

TRADE UPDATE (see previous close, had luckily able to close off all AUD and NZD) CADJPY [email protected], still active but at -65 pips Late in the NY session, Trump says he’s calling off stimulus negotiations with Democrats ‘until after the election’. “I ...

OxyGen FX Trading Journal

TRADE UPDATE: AUDUSD [email protected], +65 pips AUDUSD [email protected], zero pip (nett +65 pips, closing all) NZDUSD [email protected], +58pips NZDUSD [email protected], -2 pips (nett +56 pips, closing all) CADJPY [email protected], still active but at -65 pips Will wait ...

OxyGen FX Trading Journal

TRADE UPDATE: Trades in previous post all still active, small positions, not much to update on, still in the red, waiting for AUD and NZD to fall. Not much time for opening (and hence managing) other trades, and still very busy with other things ...

OxyGen FX Trading Journal

NFP was overshadowed by Trump. I reckon next week’s (and probably next few weeks) main focus will still be Trump while majors events like RBA, FOMC minutes and ECB speech will probably relegate to 2nd tier and provide volatility (and excitement) on ...

OxyGen FX Trading Journal

TRADE UPDATE: AUDUSD [email protected], still active -40 pips AUDUSD [email protected], still active at +20 NZDUSD [email protected], still active but at -50 pips NZDUSD [email protected], still active +10 pips CADJPY [email protected], still active but at -30 pips GBPJPT ...

OxyGen FX Trading Journal

Flight to safety, tp JPY and CHF. Not so much to USD, (USD also being a traditional safety currency), perhaps with USD being USA's currency, with the Trump issue being a USA issue. I am guessing that sooner or later traders will relate this to a ...

OxyGen FX Trading Journal