Dynamic Trader Forex Blog FXCPS.co.uk: What's the rush ?

Good Evening / Morning Dynamic Traders

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

Cross = EURAUD, GBPAUD, GBPCAD, USDCAD :

Hello everyone and Happy New Year to you all, I had been awaiting the change to the "New" site before posting, but have decided to get cracking now.

I hope your New Year of trading has got off to as good a start as my own and this year I hope to share with you my trading gains and losses. I will not be explaining anything too complicated as we all are at different levels of our "Trading" education and you must have the final say as to whether or not you enter a trade.

Trading is not a race, which is the trap a lot of new traders fall into. It is a strategy that will reward you well, if you continue to learn and follow the rules. Those of you who follow our blog's will be aware of our pattern of trading and will be used to the type of language used.

Those of you who want to learn more of our precise strategies will need to contact and request the relevant information, places are usually very limited.

Sitting in front of a screen 6+ hours a day watching charts move and my emotions changing constantly and gaining 20 pips or losing 75 pips is not my idea of fun, so "Trend Trading" from DAY charts is my preferred way.

The 4 crosses at the top of the screen are 4 of my trades which currently are 17-1800 pips to the better. The USDCAD has been open since the 04/11/09. ALL are SHORT and I update 30 mins a day at 2300hrs. Would you be happy or able to handle those rewards at £10 per pip. I suggest you place "Trading in the Zone" by Mark Douglas on your reading list and start to understand the mechanics of the mind.

Over the next couple of posts we will look at why I entered those trades and see from the charts their progress.

Until then remember "The market is always right"

Trade with Passion

John Maher
Forex Analyst