Your roots provide your fruits.

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = AUDUSD, AUDCHF & GBPCAD : Day chart below.

Good Morning Guys,

Keep those pips coming. If you have been following our blog's both here and on our sister sites below, you will be reaping the rewards at present with over 3,000 pips taken from the markets since Xmas. I mention your roots provide your fruits as your education in trading if done correctly will always provide you the opportunity to gather in pips. Since yesterday I have been stopped out of 2 trades, NZDCAD & USDJPY. Both trades were in a risk free state, therefore no actual loss was taken and a profit was taken previously. To explain how this happened you would need to be a member of the trading room, details below.

I have entered new positions in the last 24 hours using 2 strategies the trading room uses. I have entered on a long term basis, Short the EUR and Long the NZD after being triggered into both trades. My normal strategy has entered me into 3 new trades, AUDUSD Long, AUDCHF Long & GBPCAD Short.











Both long trades have broken out of their consolidation phases and use of the ESLT from the "Trading Room" have been used to enter.














The GBPCAD had been in a breather for 3-4 days on its downward move and shows further strength in the trend on stochastics. To take full advantage of these strategies, join the trading room from the links below.

Please do your own analysis before entering a trade.

To learn the methods and strategies, join the Dynamic Traders trading room, click here for details Trading Room.

Dynamic Trader members can join our trading room by clicking here.

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/blog
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

The Aussie Yen.

Good morning Dynamic Traders,

The blog was what I was going to post yesterday but due to an unexpected visit from someone,I was unable too.

The currency pair is of the AUDJPY and is to keep on your watchlist for close scrutiny as a possible shorting opportunity may arise using the appropriate filters although one confluence has not occurred, it is still worth monitoring.

The reasons are the possible H&S pattern forming, and also at present the price action is currently around the golden mean of the retracement starting 11th January and is possibly forming a DT pattern with the short term trend down.

However ensure to use your filters correctly and use caution as the V.I. is just south.

If the recent high of February 22nd is broke this would negate the possible trade and re-evaluation would be necessary.

Always ensure to do your own analysis before trading.

















Good luck.

Clayton Farnworth.

JPY Sunset

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = USDJPY : Day chart below.

Good Morning Guys,

The markets continue to feed us pips of late and I hope those following the blog are reaping the benefits. I was away from the markets since Friday, after popping over to Ireland for the weekend. I let NFP have its say and as you are aware was in 18 trades, so management of these had been taken care of. With trend trading you are in the trade for a while and news items are not as essential to you as they are to the scalper or short term trader. Even though NFP did not have much effect on my trades, I was stopped out of the JPY on Sunday evening around midnight.

I had taken an initial profit on this cross and was risk free so despite being stopped out, there was no loss. One tip I will give you is to deduct or add the Bid/Offer spread to your stop. This will prevent you from seeing a marginal loss from what you think is a break even trade. (If you record your trades on a spreadsheet, a minus (£-1.60) is a minus and recorded as a losing trade.)

You will see from the chart below that price in the JPY had broke out of its range and then came up and used support as resistance and this morning showing a return to its downwards movement. Stochasdtics is not showing any strength in the trend at present and re entry to the cross may be available at a later date.












I have entered this morning into the GBPAUD on a short position and will look at the setup in more detail tomorrow.

Please do your own analysis before entering a trade.

To learn the methods and strategies, join the Dynamic Traders trading room, click here for details Trading Room.

Dynamic Trader members can join our trading room by clicking here.

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/blog
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

The S&P Index.

Good afternoon all,

Today I thought I would post a chart of the S&P 500 index for all you who trade American shares.

As can be seen from the chart below, price is currently standing at a good fibonacci cluster reversal area with the confluences of a 123 top showing and the short term trend is down whilst medium and long term are still up.

The reason for the post is to use caution at present as although the overall trend is up resistance is now at hand and if this is broken then the recent high would then have to be overcome.

As we know the market will dictate but no long positions should be taken out now and any in force should be managed correctly and brought up to date, and patience be used for any new trades until direction is given as at the moment a retrace, consolidation or reversal could be on the cards.

If such a reversal was to take place then this could be traded accordingly with your triggers and ESLT.

Price did go down to tag its V.I. without making a swing lower low and has now got past NFP with an extremely bullish bar which did gap up slightly, but as mentioned this does not mean we are out of the woods by any means.

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

Good luck for this week.

Clayton Farnworth.

Japanese Yen signal.

Good morning Dynamic Traders,

Just a quick post today as NFP is out tomorrow, so caution is warranted.

There is a short entry signal on the JPY with trends down but price is currently at the golden mean and a T1 is after the fibonacci cluster for the reversal.

As we know trend trading is our goal although I do refer to a fibonacci reversal cluster above, this is because there was MACD convergence before the low of the end of November.

So with all things considered, perhaps this trade should just be kept on your watchlist until after the news for re-evaluation.

Always ensure to do your own analysis before taking any trades.

There will be no post tomorrow.

Good luck.

Clayton Farnworth.

Overview.

Good afternoon all,

Whilst looking through relevant charts before analysing some currencies I noticed a very marked resistance which does carry over onto the Euro-zone majors, namely the GBP,EUR and CHF, which as you know all do correlate to a degree.

On doing your own analysis you will be able to see that each one is standing around a fibonacci cluster, some have MACD convergence and several other confluences on different timeframes.

This can indicate a possible consolidation or breather before a continuation of the shorter term trend or even a reversal and continuation of the longer term trend.

With big news items out this week the market is undecided as to what to do and may well be waiting direction, but as the Dollar has been possibly gaining strength due to Euro zone weakness all could change if Dollar negative news comes out.

Keep a close eye out here and dont second guess.

Also a chart to look at is the AUDCAD which at present may be trying to break its V.I.

Good luck with your analysis and trading.

Clayton Farnworth.

Take a breather.

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = USDDKK : Day chart below.

Hello Guys, What a last couple of days we have had. Any one who has followed the blog on this site or our sister sites listed below, should have made a nice profit over the last 7 days.I do not want to pour water on the fire by saying all good things come to an end, however management of the trades is vitally important as nothing goes up, up, up or down, down, down. Today we have news on Greece's financial problems and on Friday NFP, so expect less volatility and more likely a pullback.

Back to the positive stuff, those following my blog will know we have taken profit and are now risk free on EURAUD, GBPCHF, EURCAD, EURUSD, USDJPY, AUDNZD & USDCAD. Trend trading rewards you over the longer term and these results show you the strategies employed by "Dynamic Trader" work in the current markets. If you are not yet a member of the "Trading Room" who review the week ahead on a Sunday evening, then details are below.

Not everything will turn to Gold immediate in "Trend Trading" and patience is needed when you see some of your trades in a negative state. You must stick to your trading plan and rules f you want to see a consistent results. Your stop loss will have been placed in a calculated manner and you must believe in your decisions.

Our worst performer as I write is the USDDKK, which is illustrated below.











This trade was taken in my usual aggressive nature and some if not many would have preferred to have waited until the Major RN had been cleared. I have employed my usual risk calculations prior to placing the trade and after seeing 3 Higher Highs and stochastics showing strength in the trend, had expected enough momentum to push through and beyond the RN. Since entry I have moved backwards and forwards, in and out of profits. Price has decided to consolidate , which is common after a large move.

Have I called it right ? or have I been too aggressive ?, only time will tell and the market is ALWAYS right.

Please do your own analysis before entering a trade.

To learn the methods and strategies, join the Dynamic Traders trading room, click here for details Trading Room.

Dynamic Trader members can join our trading room by clicking here.

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/blog
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

The Cable

Good evening all,

Once again may I apologise for not posting of late but problems have just been the norm for me of late one way or another which have prevented my updates, however, forever the optomist, things are hopefully right again and so updates should be on the way again, but not before thanking John for doing an excellent job holding the fort and all the other bloggers on the sister sites.

Tonights blog is just a word of caution with all the profitable trades that have been offered to you of late by the other bloggers, and this is on the GBPUSD.

As can be seen on the chart price action today made its low between a fibonacci cluster and at the time of writing was at a very substantial figure with slight convergence on the MACD.

If you are in this trade ensure you are managing correctly as a bounce up could well happen here due to the confluences, although the trends are still down.

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

Good luck.

Clayton Farnworth.

Update

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

What a great start to the week Man Utd winning the Cup !

Before we start the week, I wanted to give an update to the trades we have been looking at and I am currently in.

EURAUD - We are risk free in this trade and currently 500 pips in profit, Trend is down and stochastics is showing further strength in the trend.

EURUSD - We are risk free in this trade and currently 372 pips in profit, Trend is down and stochastics is showing further strength in the trend.

GBPCHF - We are risk free in this trade and currently 322 pips in profit, Trend is down.

USDJPY - The trend is down and we have yet to hit our initial target, we did kiss our target on the 4th Feb but not enough to to take our profit and price moved up through entry and half way towards our stop. This is where patience and a good nerve of steel is needed. Our reward is price is now back on the verge of our target.

EURCAD - We are risk free in this trade and currently 211 pips in profit, Trend is down and stochastics is showing further strength in the trend. We have reversed to the resistance which is also a fib breather level of the recent big move down.

AUDNZD & AUDCAD - We are Long on both trades and in a small profit on both, but both trades are new and take time to settle down. We currently have 40 & 11 pips profit respectivly. AUDNZD is showing more strength in the trend.

USDCAD - Price was moving towards our initial target and then revesed past our entry into a loss. Price is currently hovering again at our entry and shows a minute profit of 3 pips.

USDCHF - We are Long in this trade, which after triggering entry is yet to raise its head above the parapet. It is currently in a loss of near 100 pips, despite stochastics indicating further strength in the trend. As long as we do not stop out with our pre determined stop loss, we will remain confident.

USDDKK - The recent trend is up and this cross has an ATR 20 of 523 pips, The value of the pip is far less in this cross than others and even though it shows a whopping 565 pips down the actual loss showing is within our calculated levels. Stochastics are showing further strength in the trend, our Bolinger Bands are pointing up and we are above the VI.

Please do your own analysis before entering a trade.

To learn the methods and strategies, join the Dynamic Traders trading room, click here for details Trading Room.

Dynamic Trader members can join our trading room by clicking here.

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/blog
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

Swiss Roll CHF

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = USDCHF : Day chart below.

Hi guys, what a day yesterday ! I checked my trades in the morning and had a conference call with Javid, I then left for some important meetings regards some business I am involved in and never got to check my charts till 8pm. My emotions completely took over when for some unknown reason all my 17 positions had been closed.

After regaining my usual calmness over things, it emerged there had been a "bad tick" in the FXCM system and 0,000 of accounts had been effected. All trades were restored to their original positions and a gain recorded on what looked like a disaster.

This morning the market continues to hand out more pips and again I want to share with you one of the other trades I currently hold, the USDCHF can be seen below on the DAY chart. With trend trading it is a little like being on an ocean liner and not a speedboat. Things turn gradualy and you will get there eventually, however their fuel will last longer in the long run. Since this trade triggered it has yet to return to its upward direction.












You will notice that the downtrend met support at the major number 1.0000, before moving up and breaking through the VI. Was this a false BOB ? Price pulled back and has since recorded higher highs. Using our tools from the trading room, ESLT has provided a couple of entry options. We still have stregth in the move as indicated by the stochastics false reading bar. One point to remember and watch is we are currently around a fib breather level and price could retreat back to the RN or continue higher.

Have I entered premeturly ?

Please do your own analysis before entering a trade.

To learn the methods and strategies, join the Dynamic Traders trading room, click here for details Trading Room.

Dynamic Trader members can join our trading room by clicking here.

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/blog
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

GBPCHF, Conservative or Aggressive ?

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = GBPCHF : Day chart below.

Hi guys, the markets have continued to give more profits this morning and is presenting all kinds of opportunities to gain profits. Remember yesterdays blog with regards EXPOSURE, so you can not trade everything that moves, but keep your discipline.

I want to share with you another of my current trades that I am currently in, the GBPCHF. You will see from the chart we have had a large move down, a period of consolidation and now looking (maybe) for a further move down. Price has produced a double top (W formation) with the VI, which has been resistance and bounced down. Entry and Stop are shown on the chart and those of you more conservative, an alternative entry is also shown. MACD also showed divergence at the time of my entry.

Early gains were removed and the trade has been in a slight loss of late, we now look towards returning to some gains. Patience is the virtue.












My target to become risk free is before the conservative entry.

To learn the methods and strategies, join the Dynamic Traders trading room, click here for details Trading Room.

Please do your own analysis before entering a trade.

Dynamic Trader members can join our trading room by clicking here.

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/blog
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

Exposure.

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = USDCAD : Day chart below.

Good morning guys, Welcome to another week in the markets. I had expected a pullback on Friday after the gains on the previous couple of days, however it never happened and even this morning price moves forward. Remember that nothing goes up, up, up or down, down, down without a breather. When price has it's breather those with tight stops sometimes get taken out of the market.

Those of you who like myself, trend trade will operate with larger stops to allow these breathers.

Last night our weekly webinar gave us plenty of insight for the week ahead and some potentials trade for us to set up and take. These webinars keep you focused for the week ahead, as well as useful widgets for your E Signal analysis and I know that many of you have made tremendous gains following our strategies. For those of you who do not participate in the "Dynamic Trader Trading Room" each Sunday evening, click here for more details

With so many winning trades at present it is essential not to get too carried away and trade everything that moves, we must remember our EXPOSURE.
Exposure is the risk (entry to stop) on all the trades added up that have NOT reached risk free status. So, if 5 trades, each using 2% risk have not reached risk free (Target 1), then that is 10% exposure. I am currently in 15 positions total, 3 are risk free so therefore are not in my exposure. the other 12 are split over 6 crosses, of which 3 are positive and 3 negative as I write. My total exposure is currently 12.8% which is higher than the 10% I try to stick too. Until some of my existing trades become risk free, I will not be entering any new positions at present.

So what other trades am I currently in ? Lets have a look at one of these which is the USDCAD.













We have a established downtrend, with the VI closing in on price from above. Price has in general kept between the drawn trading channels and recently looked like providing a breakout. The pullback before the attempted breakout provided an entry point for the Short trade. The VI provided resistance and added to this we had divergence on the MACD. As price headed down we waited with patience until our trade triggered. This trade is not as yet risk free and is some 50 pips short of my target.

Please do your own analysis before entering a trade.

Dynamic Trader members can join our trading room by clicking here.

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/blog
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog