The Swiss Franc intra day.

Good evening Dynamic Traders,

Tonight I am going to give a quick intraday posy of the CHF on the hourly chart.

All trends are up here on this pair, but for intraday trading the figure above is clustering with a near by fibonacci extension and the AdvancedGet EW projection of a W5 and has got the MOB in the vacinity too.

There is also divergence with the MACD indicator, which when put together adds up to a possible pullback/reversal on the cards, and therefore if in this trade would suggest the tightening of stops.

As always please ensure to do your own analysis before trading.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Pound Hong Kong Dollar.

Good evening Dynamic Traders,

Tonights chart is of the GBPHKD.

Although price has been in a long consolidation after the move up, the longer and medium term trends are still up whilst the shorter is down but looks to be gaining momentum for a possible cross up but not there yet.

Price is producing a kind of bullish flag but not a good example by any means and the RSI is pointing up, but the V.I. is just below.

Price has recently closed in the breather zone of this currnt move up, with a doji candle yesterday and the HTF has the V.I. within reach.

However should this move up occur there are obstacles to be overcome, some being the resistances and recent top shown on the chart, which are also in proximity to the strong figure.

An aggressive stance here could look to go long with a correct calculated entry but I am still missing some confluences to be in accordance with my TP.

The better and safer option is to wait for the consolidation parameters to be exceeded.

As always please ensure to do your own analysis before taking any trades.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The New Zealand Dollar Canadian Dollar.

Good evening Forex Traders,

Apologies for no post yesterday but I couldn't connect to the blog and have been having problems tonight too.

Tonights chart is of the NZDCAD and is one to keep a close eye on.

As can be seen from the chart below price is in proximity to a significant figure area clustering with fibonacci reversal and extension points and the beginning of a strong former resistance zone.

Another confluence is the divergence with the MACD indicator, which adds up to a possible 123/DT.

With this possible short opportunity being against the trend, I am waiting for a trigger point to put in an order but not yet, patience for me then , however if you are of an aggressive stance on this your calculated entry could be put in by using your filter.

This is for my watchlist then I can await developement should it arise as all trends are up, but whilst analysing you will see that the divergences are across multiple t/f's.

As always please ensure to do your own analysis before taking any trades.

Charts courtesy of AdavncedGet.

Good luck.

Clayton Farnworth.

The Singapore Dollar Japanese Yen.

Good evening Dynamic Traders,

Tonights chart is of the SGDJPY.

As can be seen price is in a consolidation after the bounce up from the large move down at the moment and so is not good to trade but we can get ready for a break.

All trends have just turned down, and price is currently testing the V.I. (which is flat), with a gravestone doji, at the time of writing, which is an indecision candle as you know.

Price is the most important part of any chart and has nearly tagged the Golden Mean today which is clustering with the V.I. thus possible causing the indecision .

Trading is best done with the trends but await your planned entry which could now be determined due to confluences building including some AdvancedGet indicators like the Elipse etc. but this is only a guide as we all know price will do whatever it does.
Another indicator in our favour is the GetStochastic which has the last false bar to the downside.

A short trade would be aggressive here as the consolidation should be broken to give us better direction but if intraday trading, await your trigger point.

Whichever direction it goes use your filter to enter, but the better direction would be with the trend, but as previously mentioned a break of the resistance could happen, be patient.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Swiss Franc.

Good evening Dynamic Traders,

Once again I am having trouble uploading the image for tonight so will have to try to explain.

Firstly however I would like to give a brief note on last nights post which you can check with your own charts. This was a very good example of how using your filters can keep you out of trouble, as I was looking for a short , placed my order after using ESLT but was not triggered due to price not coming lower than my blog posting and then shooting up about 300 pips.

Tonights chart was to be on the weekly timeframe of the CHF, and is one for your watchlist so you can monitor it.

This has been in substantial downtrend since late 2000, and this should be your friend, but every trend does come to an end and this may be near for the Swissy.

I am not trying to predict but confluences are building to put the odds in my favour which where shown on the image to be uploaded. They consisted of longer and shorter term divergences ( and accross multiple t/f 's, a possible 123 DB in progress ( to be confirmed ) but fibonacci reversal areas in sight and clustering with extensions, this is also in proximity to a very good R/S level and strong figure '0000' .

Keep a eye on this using your lower t/f 's and trade in accordance with your T.P. should the triggers occur.

As always please ensure to do your own analysis before taking any trade.

Good luck.

Clayton Farnworth.

The Euro Canadian Dollar.

Good evening Dynamic Traders,

Tonight I am looking at a possible short developing on a lower timeframe of the EURCAD, for hopefully some quicker profits but also smaller before locking in profit should it happen.

If the trade arises I shall manage well according to my rules for such a trade, and do know there is news out tomorrow regarding both sides of this cross.

Look at all the pros and cons for this trade including recent possible DB/123 and price in relation to HTF V.I.'s etc.

I shall look later to see if it can be traded but ensure to do your own analysis before taking any trade.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Pound Dollar.

Good afternoon Dynamic Traders,

I am going to do a quick post now as I have got the webinar later.

This is not a mechanical trade but rather a discretionary one and is of the GBP.

As can be seen from the image below price action has hit a breather level of the movement up from March to August a few days ago, but Get Stochastics as yet is not showing a false bar to the upside although it is in OB territoty.

The recent webinars could soon come into play here so put this pair on your watchlist although more confluences have to occur.

It is currently in 'no mans land' from a swing trade point of view which really should be a break of the consolidation high or low, but can be traded intraday.

From this chart the best way would obviously be with the trend and therefore look for the continuation should the entry become available which could well be after a pullback to the former R/S level with V.I. area.

As always please ensure to do your own analysis before trading.

Charts courtesy of AdvancedGet.

Good Luck.

Clayton Farnworth.

The Euro Dollar.

Good evening Dynamic Traders,

Tonights chart is of the EUR on the daily timeframe.

Price is currently standing at a former R/S zone after trending up since early March , and has today at the time of writing formed a doji candle showing indecision here, and stands at the upper trendline of the channel and in close proximity to the very strong figure, although it has false bars to the upside of the AdvancedGet Stochastic indicator.

As all trends are up, trades should be taken in this direction when the appropriate signals are given , but as it stands at the moment caution is warranted to the upside because of the afore mentioned confluences and should you wish to trade against the trend make sure you get your trigger points to confirm that direction.

However if you are already in this trade then make sure you are managing it closely as a reversal/pullback is very possible, as price is also standing at the upper end of a fibonacci cluster which again is a reason for the possible retacement.

Be patient as usual and only trade when the signals are given, as to whether a continuation will happen or whether it has run out of steam, but at the least a downward movement of some degree looks imminent, although the figure could be reached first.

As always please ensure to do your own analysis before taking any trades.















Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Danish Krona.

Good evening Dynamic Traders,

Apologies for once again not being able to publish the image .

Tonight I wanted to show you the Danish Krona but will have to tell you figures.

The image I captured was at 4.9965 but could not get it to upload.

It is currently breaking down into a very strong R/S area from previous times which is at around 5.0225 to 4.9800 which as can be seen contains the very strong '0000' figure.

All trends are downand price is below the V.I. and recent false bars on GetStochastics are also at the bottom of the indicator, but we do not have one on this move so far ( therefore use caution ),
MACD is not telling us much here but do be aware of the fibonacci reversal figure just below clustering with the extension figure and in proximity to the afore mentioned R/S area.

As the trend is your friend the obvious way to trade is short but perhaps a good option would be to wait until the obstacles are overcome if you are not of an aggressive stance.

However should a reversal/retracement occur then remember to use your filters if you are wanting to go against the trend and the squeeze is broke to the upside.

Always ensure to do your own analysis.

Good luck.

Clayton Farnworth.

The New Zealand Dollar Japanese Yen.

Good evening Dynamic Traders,

For some reason I cannot upload an image tonight and so will try to just explain.

The cross is of the NZDJPY which is currently inbetween breather levels for the downtrend from the middle of 07 to Feb 09.
Since February this year price on this pair has been trending upwards, but with a couple of deeper pullbacks than would have been liked, and is currently going into a squeeze formation whilst heading for a strong former R/S zone with a good figure a little further north.

AdvancedGet Stochastics has had false bars on top but does not at present due to the consolidation happenig at present.

This is one for your watchlist to await a break of the trendlines you will have to draw and reistance levels as it is currently making a triple top.

Dont trade against the trend and these are up at present, unless you are more certain of this direction and look for the confluences which are quite abundant but as said be patient and wait for confirmation.

Good Luck.

Clayton Farnworth.

The Pound Swiss Franc.

Good evening Dynamic Traders,

Tonights chart is of the GBPCHF on the daily timeframe for a possible swing trade.

This cross is in a very good downtrend and could well be in a position for a continuation, with the AdvancedGet Stochastics having the false bar at the bottom, and entry and stops should be calculated before pulling the trigger.

The less aggressive traders may wish to stand aside until the confluences for a pullback are overcome which are a fibonacci cluster at a reversal figure, a strong RN in close proximity and MACD convergence to name a few.

The short and mrdium term trends are down but the longer is still up just.

As always please ensure to do your own analysis before entering any trades.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Past Weeks Review.

Good afternoon Dynamic Traders,

Today I thought I would review the last weeks posts to see how well or badly it has done.

Sundays post of the CHF did move down and could have given intraday profits since mentioned, but from a swing trading stance nothing much has changed except a possible 123/DB could be occuring, but overall trends are down and so a break of the low could provide further weakness.

The AUD of Mondays post has reached the figure area mentioned that it could possibly do without giving a short entry so I am continuing to wait for this should it happen as there is also a good fibonacci cluster at the higher fibonacci reversal area standing at around the '500' area.
If I am to trade with the trend on this, I shall do so off the smaller timeframes due to my conflicting confluences on the daily until I feel the shorting confluences are in position for me to take that trade as I feel a pullback is due.

The EURAUD has given a little over 230 pips since mentioned on Tuesday, and anyone in this should be managing accordingly.

The AUDCHF has still not given us an entry short and has continued upwards which is a perfect example of going with the trend and now has significantly broke the V.I. on the weekly timframe and so a re-evaluation could be in order here and trade accordingly but be aware of figures and confluences as usual.

Thursdays post of the GBP has also given a little over 230 pips by Fridays close

Overall a good amount of pips should have been hadthis week, just by following your rules, so get ready for another trading week and hope to reap more rewards.

Good luck.

Clayton Farnworth.

The British Pound Dollar.

Good evening Dynamic Traders,

Tonights chart is of the GBP on a daily timeframe, and I thought I would point out some of the formations that maybe occurring which do look bearish at present, but will let you make your own minds up.

Since about June, price action has made a possible H&S formation, which has now had the neckline breached and now price could be forming a possible bearish flag whilst also currently tagging the V.I. - maybe a kiss good night !?

Price is also at he '00' figure area, albeit not a very strong one, but with the other confluences could add its part, and GetStochastics is showing a false bar to the downside.

Ther are other confluences but this could be one for the wathlist I think.

As always be sure to do your own analysis before taking any trades.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Aussie Dollar Swiss Franc.

Good evening Dynamic Traders,

Tonights chart is of the AUDCHF on the daily timeframe as mentioned at the end of last month, where I said it was looking bullish.
Price action since then did not enter a position but fell back only to climb again to where it stands now.

The longer and shorter term divergences are still in evidence and price is coming close to its former RS level clustering with fibonnacci extensions and retracements and the '00' figure.

Price action is consolidating a little here due to the resistances but all trends are still up and the squeeze is tightening so it will be interesting to see which forces win and therefore the direction of the break.

As the trend is up but resistance nearby, caution and patience is warranted, and wait for direction to employ your filters on, and be mindful of the fact that the HTF is still playing around the V.I.

As always please ensure to do your own analysis before entering any trades.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Euro Australian Dollar.

Good evening Dynamic Traders,

Tonight I wish to revisit the EURAUD which I posted a week ago.

As said then it was offering a short signal but I was being cautious.

Price action has come to the previous R/S area which is in proximity to the figure, and the RSI indicator is below 50 and heading down and not OS, and the Get Stochastic is showing false bars to the downside as expected as all trends are down.

AdvancedGet is showing a W5 projection just south of the RS which could indicate a possible pullback and also the MOB is at this level too although its timing has passed.

Wait ot use your filters should the continuation happen or if in this trade manage well should a pullback occur.

As always do your own analysis before taking any trade.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Australian Dollar daily.

Good evening Dynamic Traders,

Today I thought I would show the AUDUSD on a daily timeframe.

As mentioned about a month ago, when I was looking for a possible short on this pair, I said if the high broke then the '0.9000' area could be tested, well it did brake and price is nearing that area.

The '000' is just north and last week missed it by about 140 pips and whether it does actually make it or not I am once again anticipating a short.

The MACD is showing divergence both longer and shorter term and on various timeframes.

A possible 123 top could be occurring now and could be traded accordingly on the correct timeframe chart, should all the criteria show themselves, which would also tie in with the bearish engulfing candle formation of Wednesday and Thursday last week.

However please bear in mind the afore mentioned figure area which price could well try to achieve and therefore if anyone should look for the short trade then wait until you have everything in place, I do feel some form of pullback is due because of the confluences but be patient.

AdvancedGet is also showing a possible W5 termination point around here.

As always please ensure to do your own analysis before taking any trade.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Swiss Franc.

Good afternoon Dynamic Traders,

Todays chart of the USDCHF on a daily timeframe, should be kept on your watchlist with a close eye.

As you will know this chart has been trending downwards for some time now and recently found support at a former R/S level and figure area, where it bounced back up to another '00' figure area, which also had price action in a breather level zone at that point.

At present price is coming into a squeeze area with the trendline and R/S line, and with the trend being down, a possible break south could be on the cards which is strengthened with some confluences to be seen on the chart and others that you could find yourselves whilst doing your own analysis, leaving just the entry to be worked out.

As always please ensure to do your own analysis before trading.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Canadian Dollar Japanese Yen intraday.

Good morning Dynamic Traders,

I am able to do a quick post today for any of you intraday traders, which is of the CADJPY on the 4 hour timeframe.

The daily short term trend is down and price is at present attempting to re-test the V.I.

The 4 hour chart below is showing an OB GetStochastic with false bars to the downside, whilst standing at the golden mean and a '00' figure, but here the V.I. is a little further north.

Although it is not in the position for me to trade immediately as I am waiting for some more of my confluences, I am keeping it on my watchlist for a possible short, should this situation arise.

As always please do your own analysis before trading.


Don't forget NFP and due to this there will be no post tomorrow.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.