Keep them coming.

Good Evening / Morning Dynamic Traders

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

Cross = EURNZD & EURCHF : Day chart below.

Good Morning Guys,

How is your ships sailing, I have taken on a couple of more containers aboard my ship and I am currently close to my limit of exposure with 29 trades running and over 4,500 pips under control.

The markets parted with more pips this morning and as I write is taking a few back prior to the "Budget" in the UK. It is important that all your trades are well managed when such major news is due out.

29 trades is a lot to manage you may say to your self, however as "Trend Traders" we are not stuck to the screen all day and within ONE hour in the evening ALL analysis and management of trades is done. At the same time I have a mixture of strategies that I use and the 29 trades are a mixture of these. Some trades have been added to since initial entry, some are risk free and some are still to show profits.

The market at the moment keeps throwing me opportunities and as they say, "Opportunities are NEVER missed, they just pass to someone else". Two opportunities that came my way this morning were EURNZD & EURCHF and these are shown below. These were triggered by one of the strategies shown in the trading room, and you can learn these by joining the trading room on the links at the bottom of the blog.












On both occassions I have gone with the trend and as usual may have been a bit aggressive.

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 Euro Swissy.

Good afternoon Dynamic Traders,

Today I am putting the EURCHF on my watchlist as after a long drawn out flag formation from early March this pattern did not close below the 50% fibonacci retracement and on the 24th of June price action rocketed through the trendline resistance.

Since then the retracement has fallen back to the 50% retracement again of this move which could signify another up move after the big move small pause scenario.

Some confluences for this are that the MACD histogram is positive and also the GetStochastics is showing a false bar which could indicate that a possible upmove could be on the cards.

Strength is showing in this move at present and the RSI indicator is above 50.

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

Charts courtesy of AdvancedGet.

Good luck with your trading.

Clayton Farnworth.

The Euro Swiss Franc.

Good evening Dynamic Traders,

A shorter term trade I am looking at on the 4 hour timeframe is the EURCHF.

As can be seen from the chart below we are in a dontrend and price has rallied back up to former support which is also at the figure.

We do have a cluster at this area and so I am looking at an entry to the short side should I get confirmation.

There are sveral other indications to this favouring at least a pullback, but I shall let you find as many of them as you can.

The trend is down on the daily timeframe too but we are getting convergence on this pair here and so I am going to use my lower timeframes and manage accordingly if I am entered.

As always please do your own analysis for any trades you wish to take.














Charts courtesy of TradeStation.

Enjoy your trading.

Clayton Farnworth.

EURO SWISSY FLAG TIME ?

Good evening Dynamic Traders,

Last nights post defied all the confluences but did not trigger , so if you where at your computor when the support zone was breached you could have used your ESLT to trade to the downside and congatulations if you did this.

Tonights chart is the EURCHF , and on the daily chart below we have a possible bearish flag which has a doji as the extreme candle and is in proximity to a RN and could also be forming the right shoulder of a possible H&S pattern.

If you then go down to the hourly timeframe we have a possible 123886 with your divergences in evidence , together with an OB stochastic .

Remember to plan your entry as to be in keeping with your trading style , that is either aggressive , intermediate or conservative , stick to your plan , and as always please do your own analysis .

Good luck with your trading .

Charts courtesy of TradeStation.

Happy Trading.

Clayton Farnworth.