The Past Weeks Review.

Good afternoon Dynamic Traders,

Today I thought I would review the last weeks posts to see how well or badly it has done.

Sundays post of the CHF did move down and could have given intraday profits since mentioned, but from a swing trading stance nothing much has changed except a possible 123/DB could be occuring, but overall trends are down and so a break of the low could provide further weakness.

The AUD of Mondays post has reached the figure area mentioned that it could possibly do without giving a short entry so I am continuing to wait for this should it happen as there is also a good fibonacci cluster at the higher fibonacci reversal area standing at around the '500' area.
If I am to trade with the trend on this, I shall do so off the smaller timeframes due to my conflicting confluences on the daily until I feel the shorting confluences are in position for me to take that trade as I feel a pullback is due.

The EURAUD has given a little over 230 pips since mentioned on Tuesday, and anyone in this should be managing accordingly.

The AUDCHF has still not given us an entry short and has continued upwards which is a perfect example of going with the trend and now has significantly broke the V.I. on the weekly timframe and so a re-evaluation could be in order here and trade accordingly but be aware of figures and confluences as usual.

Thursdays post of the GBP has also given a little over 230 pips by Fridays close

Overall a good amount of pips should have been hadthis week, just by following your rules, so get ready for another trading week and hope to reap more rewards.

Good luck.

Clayton Farnworth.