Dynamic Trader Forex Blog FXCPS.co.uk

The Dynamic Trader Forex Blog

Tuesday, 2 December 2008

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.



ESignal Advanced Get Chart











Hoping you have a profitable trading week.
Clayton Farnworth.

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