Dynamic Trader Forex Blog FXCPS.co.uk: NZD Breakout

Good Evening / Morning Dynamic Traders

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

Cross = NZD : Day Chart (Posted Below)

Well we get the Hollywood final, Barcelona vs Man Utd in Rome at end of the month. When things do not seem to be going your way, keep going to the end and who knows what will happen, unlucky Chelsea.

I mentioned that earlier in the week we had a false break out on the Daily and we must be patient to wait for a candle to close outside our trendlines. We got that yesterday, and those "Dynamic Traders" who have done the webinars training with Javid and Anne, would have applied their ESLT.

This would have taken you into the trade at 2300hrs GMT last night and as I write 90 pips for the better. If following your "Dynamic Trader", trading handbook then possibly double that pip count.

Points to note, we have a major RN .6000 and VI above us which will provide resistance. Our "Advanced Get" MOB is indicating a target of the VI area.