The Pound Swiss Franc.

Good evening all,

I thought I would do an update before the webinar tonight and would like to thank all the bloggers and Anne and Javid for a good day on Friday, I really enjoyed seeing you all and having a good chat.

Congratulations to Bijal and Ash, and I've got to say it, well done Ash for all your hard work ! ! !
(Only joking Bijal.)

Tonights chart is of the GBPCHF again, as since I mentioned it price has continued north and therefore not been entered for the short, using the filters, I am looking for.
Since writing on Tuesday about this pair, an entry for short has been signalled on a longer term trade using a 'Dynamic Trader' method, but again has not triggered.

However since then, a confluence using this 'D.T.' method has fallen by the wayside but is still in a position to trade discretionarily, and with the added bonus of a reasonable doji candle formation which did spike the golden mean only to close back at the higher breather level area and at a good '00' figure.

Please be aware that this is not in a good trend at the moment although it is bearish, and does of late try to hang around the V.I., but as mentioned is showing characteristics of a shorting opportunity.

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

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.