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

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The Aussie Dollar Swiss Franc.

Good evening Dynamic Traders,

Tonights chart is of the AUDCHF on the daily timeframe as mentioned at the end of last month, where I said it was looking bullish.
Price action since then did not enter a position but fell back only to climb again to where it stands now.

The longer and shorter term divergences are still in evidence and price is coming close to its former RS level clustering with fibonnacci extensions and retracements and the '00' figure.

Price action is consolidating a little here due to the resistances but all trends are still up and the squeeze is tightening so it will be interesting to see which forces win and therefore the direction of the break.

As the trend is up but resistance nearby, caution and patience is warranted, and wait for direction to employ your filters on, and be mindful of the fact that the HTF is still playing around the V.I.

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

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Australian Dollar Swiss Franc.

Good afternoon Dynamic Traders,

Todays chart is of the AUDCHF on the daily timeframe.

As can be seen from the chart below price action today has broken the recent high resistance area but has not closed above yet as todays bar is still in progress, which did also tag the '00' figure.

This is looking bullish with the MACD signal lines crossing up and GetStochastics having the false bars to the upside.

However looking at the higher timeframe chart, price has been hanging around the V.I. of late although it is standing above it on this weeks bar with strength in the move.

The daily chart does have all trends up and with this being your friend a possible long opportunity is on the cards and so you just need to plan your entry, but whilst doing this take into account the fibonacci extension, figure area and divergence on the MACD, and should the reversal happen trade accordingly.

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

I am possibly not going to be able to update tomorrow due to an appointment which I have and with Friday being NFP I will not be taking any new positions and so if there is no posting tomorrow the next update will be next week, and so all have a great weekend.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Aussie Dollar Swiss Franc.

Good morning Dynamic Traders,

Todays chart of the AUDCHF on the daily timeframe, has been trending up since early March, and could currently be making a 123/DT formation at the previous R/S area which is in proximity to the figure area too.

Whilst doing your own analysis you will see that price is currently at the V.I. of the HTF.

The trendline shown on the daily chart below is now causing a tightening triangle and so depending on your stance you may wish to wait for the break should it occur or if you have the time to trade intraday then go to the LTF chart as a good fibonacci reversal figure has been hit which is reason to trade south when in conjunction with the varying divergences across several timeframes.

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

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

The Aussie Dollar Swiss Franc.

Good morning Dynamic Traders,

After some profits on the Euro yesterday I would like to bring to your attention some possible other 123/DT opportunities.
Although they include the same base currency, namely the Australian Dollar, you can analyse and decide for yourself.The ones to look at are the AUD, AUDCHF, and theAUDJPY.

I shall show the AUDCHF regarding this 123/DT setup, and as can be seen there is longer and shorter term divergences occuring with the MACD indicator, and price action is at a good figure area.
You will also notice that price action is hugging the underneath side of the now broken trendline, and whilst doing your own analysis will see that the all important fibonacci reversal area is in play too.

Other confluences can be gained from your lower timeframes and other indicators.

I do see one flaw with this setup but I am going to leave it for you to find.

A good entry technique and money management are essential as always, so await your triggers and trade in accordance with your plan, and should the trendline break to the upside and/or the previous high negate the trade and re-evaluate.

Charts courtesy of AdvancedGet.

Have a great weekend.

Clayton Farnworth.

The Aussie Dollar Swiss Franc review.

Good afternoon Dynamic Traders,

Due to NFP change and other high impact news I have not traded today but thought I would review yesterdays blog.
As can be seen from the image below price action did indeed move up to the area written about at the fibonacci extension, and other confluences and since has retraced offering over one hundred and fifty pips if taken from this area using an aggressive stance with small stops.

The retracement thus far is looking just that, a retracement. I am in this trade with profits locked in and am not expecting too much more with price now in the breather zone and therefore have got a tight stop using my lower timeframe with a view to entering a long position should the opportunity arise.

Charts courtesy of AdvancedGet.

Have a great weekend.

Clayton Farnworth.

The Aussie Dollar Swiss Franc.

Good morning Dynamic Traders,

Well after just over a week my internet is nearly there although not quite, but should be very soon and I will then be updating in TradeStation again, however until that point it will be in AdvancedGet.

Today I thought I would show the chart of the AUDCHF on the four hour timeframe.

This is showing signs of weakening as the strength is getting to a possible extreme level as can be seen by the OB RSI which is also diverging from a previous high.

This should be kept on your watchlist as at present it is not showing signs of a retracement, and as can be seen from the image below has got two MOB areas that do cluster around the figure together with a fib extension. I have also left the AdvanceGet Elliot Wave on which also indicates a possible projection around the same level.

I am putting this up in advance so as you have got time to prepare yourselves for the possible upcoming retracement so please ensure to do your own analysis before taking any trades.

Charts courtesy of AdvancedGet.

Enjoy your trading.

Clayton Farnworth.

The Aussie Dollar Swiss Franc.

Good evening Dynamic Traders,

This afternoon I have put the AUDCHF on my watchlist with a view to at least a shorter intra day trade soon.

As can be seen from the daily timeframe chart below, this pair has been in a consolidation for about five months now and does not appear to have very much strength entering this cross at all.
We are however tightening up on the squeeze and will sooner or later want to burst its confines.

There appears to be strength short term on MACD which could imply a break north which does seem to be getting qualified with the lower timeframes, but if this is to happen a re analysis will have to be done as to see how far that move could go as the V.I. is not too far above and good figures also, which at the moment cluster with fibonacci.

Other indicators are in qualifying positions for this but I shall let you enjoy finding them.

As always please do your own analysis before taking any trades and good luck with your trading.

Charts courtesy of TradeStation.

Always enjoy your trading.

Clayton Farnworth.

Aussie Dollar Swiss Franc

Good evening Dynamic Traders,

Tonights chart is of the AUDCHF.

The longer term trend is down but due to the recent consolidation as seen on the daily chart below, the short term trend is undecided. This is why I wanted to take a look at this tonight, so as to show that patience is needed to trade in such scenarios. The squeeze shown is engulfing price action at present but sooner or later there will be a break and I will trade accordingly.

Taking the aggressive stance on this, I will use our ESLT but on a BOB of the latest support inside the squeeze if this happens.

If we now look at the 4 hour timefrane chart below we can see that we are standing at a possible 123 bottom, with several confluences, including shorter term trend up, this is why the 'patience' is needed for confirmation either way. therefore depending on how long or how many pips you look to gain, there are two possible contradicting trading positions here.

Please be aware that high impact news involving this pair is out early hours in the morning.

Ensure you do your own analysis before taking any trades.















Charts courtesy of TradeStation.

Good luck with all your trading.

Clayton Farnworth.