Happy New Year.

Good Evening Dynamic Traders ,

As the markets are closed tomorrow , I would like to take this opportunity to wish my Mentors , Anne and Javid , the best sincere wishes anyone could have for the New Year , also my fellow contributors to this and the sister blog , Bijal , Saba , Jagir and John ,very warm wishes for a happy and prosperous New Year and to keep up the exceptional work with there updates , and also to all you Dynamic Traders and visitors to this site which make it all worth while .

I hope you all have an exceptional 2009.

Best wishes,

Clayton Farnworth.

Aussie Swissy

Good evening Dynamic Traders ,

Tonight I am looking at the AUDCHF.

Although it has been in a downtrend since November 07 , i am waiting for a move up as at present it stands at a possible 123786. It does have confluences on different timeframes but I am going to wait for better confirmation on this one as there is the possibility of further downward movement yet to come , therefore I shall wait and use my ESLT on this one rather than be aggressive.

Please note also , the former support at the figure , and the OS stochastic .

















Happy trading,

Clayton Farnworth.

GBPCAD

Good evening Dynamic Traders,

Tonights chart is one to keep a close eye on, the GBPCAD .

At present it is at a previous R/S and a RN, with good divergences across different timeframes. It has also hit the MOB in Advanced Get but not quite got the extension which clusters with the next RN down, therefore time your entry to use your ESLT when the time is right.

As always please do your own analysis before trading.













Charts courtesy of TradeStation.

Good luck.

Clayton Farnworth.

Getting ready for the New Year

Good afternoon Dynamic Traders ,

I hope you are all resting and enjoying your well earned break. My holiday period is over now as of this weekend but am very eager to start my trading again.

To ease us back into our analysis , I thought I would give you the AUDNZD chart to look at , as it has just closed below it's value index and RSI is heading south, however please be aware of the close proximity to the RN , therefore a well positioned ESLT should keep you out of any false entry. It does have other reasons for looking at this , and one is for you webinar attendees , that is DD .

As always please do your own analysis before entering trades .

Happy and prosperous trading,

Clayton Farnworth.

CHFJPY Revisited

Good evening Dynamic Traders ,

Firstly , at the risk of repeating what Bijal and John have both said , may I express a warm thanks to both Anne and Javid at this festive time for everything they have done for both myself and others , and I would also like to thank Bijal , Saba , John and Jagir for what I learn from each of them every day and to wish them and all Dynamic Traders a big Happy Christmas.

Tonight, being as it did not get triggered today , I would like to revisit the CHFJPY, as it is once again at a former R/S level , with a fib cluster, and is now in an OB position with RSI and still has divergences on different timeframes. Also , it appears to be nearing the end of an EW count .

A second chart for all you analysts out there to look at, is the GBPUSD which could be coming up for a 123786.

As always please do your own analysis and as mentioned last night, be extra cautious in times of low liquidity, and use appropriate entry points for any trades.

There will be no update tomorrow evening due to the markets being closed.

A very merry Christmas to you all,

Clayton Farnworth.

Xmas Cheers

Happy Xmas to all viewers of the blog and I hope that the blog's have helped you in your trading.

Thank you to Clayton for his assistance on this blog and to Saba & Bijal who operate on the other side.

A big thank you to Javid and Anne for the help they have given me personally through the year and I look forward to developing further in 2009.

Enjoy the break,

John Maher
Forex Analyst

Good evening Dynamic Traders,

Tonights chart is on a lower timeframe and is of the CHFJPY.

As you can see it is at a TJ's elipse longer term at present which co-incides with a possible breather level zone and may be ready to head south. Please note also that the RN is close but hasn't been tagged yet. There is also a divergence on the lower timeframes RSI with other confluences and it has an OB Get Stochastic with no false bar.

Due to the low liquidity in the markets at present please trade with extra caution, and as always do your own analysis.




















Happy trading,

Clayton Farnworth.

The Euro or Sterling ?

The markets will probably be quite the next couple of days, Make sure you have your news items printed and do your own analysis before entering the trades.

Do not get emotional with your trading as it does your account balance no favours or your health.

Trade with Passion

John Maher
Forex Analyst

Good evening Dynamic Traders,

Ihope you have all had a good weekend and are getting ready for the approaching holiday and festive period.

Tonights chart, the GBPAUD, is one to keep a close eye on as it is in a R/S zone with all the areas not shown here. It has just hit a normal TJ's elipse in Adv. Get. with the longer term one not too far away, however there is a good fib. cluster at the lower end of the zone, together with the '000', we do have a candle stick formation at present on the daily together with some other confluences, and if it decides to go north from here or that little further south a good entry is critical on this pair due to its high movement during a day.

As always please do your own analysis and use good management .

Enjoy your Trading,

Clayton Farnworth.

And Again !

Courtesy Advanced Get / E Signal

Trade with passion

John Maher
Forex Analyst

Manage your Trades

Good evening Dynamic Traders,

Tonights chart is just an example for managing your trade. It is aimed at the swing traders who are presently in the EURUSD. From the chart you can see that the price hit a '00' together with the Value index, and appears to be forming a spinning top or similar , as at the time of writing this. It also has an OB RSI and Stochastics on this and lower timeframes. Although this may only be a breather possibly about to happen it is best to lock in profits rather than give them back to the market.

As always , please do your own analysis, and as I update in the evenings, I will not post a chart tomorrow due to the markets closing early Saturday morning.

Hoping you all have a great weekend,

Clayton Farnworth.

Yes, She Did !

Courtesy of Advanced Get / E Signal

Thank you to Clayton for helping and teaching me on this blog.

Thank you to Bijal and Saba for educating us on the sister .com blog.

Trade with Passion

John Maher
Forex Analyst

Which way ?

Good evening Dynamic Traders,

As usual I hope you are all well , and managing any trades according to your plan.

Tonights chart, the AUDCAD , will give you all a little 'Homework'. As you can see , the price is standing at a former R/S level to make a DT , this level is also a former R/S level on several occasions previously. As I write , it looks to be forming a spinning top ( but the day is not finished ) , also take note of the tagged RN.
We have divergences on on several timeframes, however I feel there may be exceptions to every rule. If this does go northwards , use your ESLT on the BOB , otherwise trade it by your rules for a DT. This one is going to be interesting .

As always please do your own analysis before entering trades.

Clayton Farnworth.

Will She, Won't She ?

Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

Good evening Dynamic Traders,

I hope you have all locked in your profits on any of your trades and perhaps tightened your stops where needs be.

Tonights chart is one for the watchlist, hopefully to get underway this week. It is the AUDJPY and is for the webinar attendees , regarding DD. It is not ready as yet but keep checking as it could soon be heading up but don't jump in straight away , use your discipline and wait for the correct time. An extra confirmation would be your ESLT on your BOB of your trendlines.

As usual , please do your own analysis, and enjoy your trading.














Clayton Farnworth.

Oh Yes It Will ?

Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

A lesson learnt

Good evening Dynamic Traders,

On hind sight, after taking a small loss on the Swissy, I realised that I did not adhere to several of my trading plan rules , namely , trading through hope , greed and fear , and also looking to catch small moves . Thus , my lesson learned is , ' Always stick to my plan , and be totally dedicated when doing my analysis , if I am not , I will walk away until the distraction has gone'. Hopefully some of you will learn from my mistakes , without doing the same. That said , let us move on to tonights cross the EURCHF.

We have several divergences over various timeframes on different indicators , and from your training you should see other confluences as well including a R/S zone with a '00' inbetween , a fib reversal cluster , with a '000' not too far north, and also in the mix is the value index, plus others.

However, as always time your entries well after doing your own analysis

As always , happy trading.

Clayton Farnworth.

One 4 One

Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

Good afternoon Dynamic Traders,
Thank-you Bijal for your kind words on the sister Blog , very much appreciated.
For my first comment regarding trading, may I say , for anyone who enters any trades, ensure you manage your trades so as not to give profits back to the market and to cut your losses- always remember the 'greed and fear'.

Todays chart is the Swissy. I am looking at the 240 minute timeframe, which in conjunction with other timeframes , appears to have many confluences about it , thus possibly indicating a move up .
At present , it stands at a former resistance zone , and also a fib. cluster ( possible breather ) all this together with the O/S Stochastic , and the candle formation on lower time frames and the figure , indicate a possible move to the upside of some degree or another. For the Advanced Get users , it is also at the TJ's elipse long term.

However , please , all do your own analysis, and please note Monday and Tuesday do have high impact news out on this pair directly.















Have a great trading week.

Clayton Farnworth.

Good things come to those that wait !

Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

Hello Dynamic Traders,

I hope you are all well , and having good success with your trading.

Tonights chart is more for you swing traders and so you have time to prepare and plan your entry technique.

The chart is the EURGBP and looks like it may be about to reverse.The first thing to take note of is the price and the figure. Also we have had price moving along the trendline quite nicely only to rocket up short-term . We also have several conluence of events happening with Stochastics being O/B on differing timeframes and RSI has divergences on differing timeframes too.

Plan your entry well on this pair if your indications confirm an entry and you could get very good rewards.

As always please ensure to do your own analysis .













Chart courtesy of Advanced Get.

Hoping you have a great trading day tomorrow , but remember the weekend is nearly upon us and so dont trade too late. The first high impact news for this pair directly is Tuesday 16 Dec.

Clayton Farnworth.

To Trade or Not To Trade ?

Courtesy Advanced Get/ E Signal

Trade with Passion

John Maher
Forex Analyst

EURCAD Short Term Trade

Good evening Dynamic Traders,

Once again , I hope I have a shorter term trade for those intra day people.

Tonights chart is the EURCAD on the hourly timeframe.

This looks like a 123886, which shows divergences across different timeframes for your confluences and also with the figure and candle formation at the reversal.














Chart courtesy of Advanced Get.

As always please do your own analysis and only take your trades in accordance with your trading plan.

You can read our other forex blog by clicking here.

Have a great evening,

Clayton Farnworth.

Looney Tunes.

Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

AUDUSD

Good evening Dynamic Traders,
I must apologise for tonights post as I cannot get the chart to upload to the blog, and so I will just give a quick note to explain.

One for the watchlist is the AUDUSD, at the moment it is in a range but you can see the previous support at the RN , and now the consolidation. A break of your trendlines can lead to use of your ESLT and also from your webinar training look to your teaching in Webinar 4.

Hopefully can get back to normal tomorrow,
Have a great trading day.

Clayton Farnworth.

Santa's Bag of Pips !

Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

AUDCAD

Good evening Dynamic Traders,

I hope you are all well and made good profits today,and if still in your trades are managing them as you should.

Tonights chart is on a 4 hour timeframe and hopefully should produce quicker profits, but with a little more work.

At the time of writing this price stands at former support which could become resistance and is also closely accompanied by a Fib. cluster. We also have a nearly O/B Stochastic (which has dropped from O/B), and several other confluences on differing timeframes.

Wait for your entry point as usual , but also please do your own analysis.















Have fun with your trading, and I hope you profit .

Clayton Farnworth.

Canadian Dry or High ?

Courtesy Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

Good Evening Dynamic Traders,

Hope you all had an enjoyable weekend, and are ready for a new trading week.

One of the charts that I am currently looking at is the Australian Dollar Swiss Franc. Although it has been in a consolidation area for about a month and a half, that could be coming to an end.
As usual , be patient and know your entry before hand in accordance with everything you have been taught, and this could prove a good trade to take . The earliest high impact news directly involving this pair is Tuesday morning.

I hope you are all managing any trades taken last week and as always please do your own analysis for any trades you take .













Hoping you all have a profitable week.

Clayton Farnworth.

GBPCHF

Good evening Dynamic Traders,

I hope you are all well and enjoying your week.

The chart I have for you tonight , is the GBPCHF on the 4HR timescale. As at writing this update it may be forming a candle at a 123 bottom which happens to be around a Fib. cluster. Please note the support at the R.N.

Although Stochastics is showing a false bar, there are both RSI and MACD convergencies on multiple timeframes.

With no high impact news out tomorrow on this pair , trade it in our best market time for the volatility , but please do your own analysis.

Happy Trading,

Clayton Farnworth.

EURNZD

Good evening Dynamic Traders,

I thought I would give you an update in TradeStation tonight to show it a little differently.

A chart to add to your watchlist , to await direction is the EURNZD . It appears to have a Double Top formation at a Fib ext. together with an O/B stochastic level , but also take note of the figure. However a break above here could call for your ESLT.

Please be aware that volatile news is due out tomorrow on this pair , and so as always , do your own analysis , and stick to your trading plan with good money management.















Hoping you have a profitable trading week,

Clayton Farnworth.

Down Under

Good evening Dynamic Traders,

Sorry for not posting last evening but I got held up in traffic at Birmingham after spending the day with Javid live trading .

Hope you all made some profit from Sundays post (albeit small) and if you are still in the trade are managing it in accordance with your rules from Javid in your trading plans.

Another favourite currency pair of mine ( but lets face it, I love trading that much, they are all favourites of mine! ) , is the AUDNZD. Right now , it stands at a support/resistance zone , together with a fib. cluster, and a 200 M.A. From the chart below you can also see that it is also at an elipse and with O/B Get Stochastic with no false bar, and note the figure and possible candle formation at time of writing this (although the day has not finished ). Please be aware of news early tomorrow morning.

As always , please do your own analysis before entering a trade and wait for your set ups to confirm.

Hoping you have a profitable trading week.

Clayton Farnworth.

What do I NOT see ?

Courtesy of Advanced Get

John Maher
Forex Analyst

Week Ahead

Courtesy Advanced Get

I forget to mention, a warm welcome to Clayton who joined the "Blog team" tonight. Thank you for your company in the weeks ahead.

Ask yourself the question "What do I NOT see ?"

John Maher
Forex Analyst