Harbour drills !

Good Evening / Morning Dynamic Traders

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

Cross = EURAUD, EURCAD , Day chart below.

Good Morning Guys,

After been hit by the Greek bailout reversal of the market, we described in the blog as a Tsunami, The UK has now been hit in the sky's with a volcanic ash cloud bringing the sky's to a standstill for 24 hours. At least the markets have not come to a stop and look as if they are returning to their trends.

I have had many messages from you of losing profits, moving stops, getting stopped out etc, REMEMBER "The market is always right"

I have managed to stay in all the 25 trades I was in this time last week, yes I lost a lot of profit Friday - Monday, however I did not get stopped out.

When the Tsunami hit my portfolio, my harbour wall around my positions was far enough out, it protected my boats. Yes there was a few wobbles, but calm was restored and lost profits were starting to be returned.

The two main trending crosses that have provided consistent profits are the EURAUD & EURCAD, I have posted both DAY charts below. Please observe the MAIN indicator - PRICE and its reaction to "Support & Resistance" and also the "RN" (which is a Support & Resistance).

If you look at the circle on both charts, was the signs there ahead of the "Greek" Tsunami. It seems that we had reversal candles ahead of the storm.












Where have you built your harbour walls, join the "Trading Room" on the links below and learn now. Do not wait until the next Tsunami.

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

Follow J9JDM On:

Follow our other blogs, .eu & .com

The TREND is your friend.

Good Evening / Morning Dynamic Traders

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

Cross = EURAUD , EURCAD Day chart below.

Good Morning Guys,

With the Bank Holiday this week, we have had a short week, yet so much has happened. The BoE decided to leave interest rates the same in the UK, this decision was no surprise with an election now being called.

Those who regular follow the blog will be aware that we are "TREND" traders and I thought I would share with you my best trades this year, so far, now that the first quarter has finished. Finding a good trend is like finding GOLD, Gold comes in veins and when you find one it can be very rewarding.

The EURAUD & EURCAD are 2 crosses I have been in since the beginning of the year and as I write have returned me 2500+ pips and 2000+ pips accordingly. You will see from the charts below there is/was a confluence of events on both these charts which presented us with the opportunity to trade. Entry's, stops and limits were used as taught in our trading room of which you can find details on joining below.










Both crosses are in well defined down trends since the beginning of the year and have moved between their respective trading channels. Long may they continue.

As mentioned earlier in the week, I am off to Leatherhead to meet the other bloggers in the morning and will not be updating the blog till the weekend.

Have a good day's trading.

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

Follow J9JDM On:

Follow our other blogs, .eu & .com

EURCAD

Good Evening / Morning Dynamic Traders

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

Cross = EURCAD : Day chart below.

Good evening all, with the USA back in the market today, we would have expected a deal more volatility between the crosses. What was gains early in the day have been clawed back by early evening.

To bring you up to date with another one of my now risk free trades, I have posted the EURCAD Day chart below with a near repeat description of the "High Probability" described yesterday on the EURAUD. You should now be getting a feel for the events we recognise when we want to stack the odds in our favour.

Whilst no trade is guaranteed to do what we expect, it is always a better feeling when the likelihood is it will.












I apologise for the chart looking cluttered, however I feel it is important to point out each confluence of events. With practice these will become second nature to you and your charts will be clutter free.

The Euro stole back some of its gains today and the EURAUD remained trading downwards.

Please do your own analysis before entering a trade.

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/blog
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

The Euro Canadian Dollar.

Good evening Dynamic Traders,

Tonight I am looking at a possible short developing on a lower timeframe of the EURCAD, for hopefully some quicker profits but also smaller before locking in profit should it happen.

If the trade arises I shall manage well according to my rules for such a trade, and do know there is news out tomorrow regarding both sides of this cross.

Look at all the pros and cons for this trade including recent possible DB/123 and price in relation to HTF V.I.'s etc.

I shall look later to see if it can be traded but ensure to do your own analysis before taking any trade.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.

Normal Service to Resume

Good Evening / Morning Dynamic Traders

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

Hi all and thank you for the "Hurry up and get back to bloging" messages I have been receiving, whilst dealing with the dreaded lurgi !

Lying still for a few days gives you time to reflect on certain issues and those that follow the blog will know that 2 weeks ago we started to follow the EURCAD as it hit resistance and showed signs of a reversal with a number of confluence of events. When I spotted this trade, I read on a couple of other sites that the cross was being lined up for a BUY and not a SELL as I predicted.

These other sites were very well laid out, so these guys must know what they were talking about and already indecision has set in on your own analysis.

Many years ago, I decided not to buy a newspaper as the news was in general reported wrong and to much assumptions being made, I since do not miss any of those newspapers and the only news that has an effect on me is what is happening to me.

Was the same happening as I learn the Forex, I am getting distracted by others, who at the end of the day, know little more than me, having completed Javids webinar series ?

When you look at the Day chart of the EURCAD, then MY convictions were right.

Believe in your self and your learnings from Javid and Anne, they are the proof that it works. Try and cancel out the noise, ignore other forcasters and reading other sites, trust your own judgement.

Practice, Practice and Practice your learnings and discover your consistency.

Read "Trading in the Zone"

Make trading a "Habit" (A habit is something that you do repetative, without thinking)

Enjoy your time and use it wisely.

















Chart courtesy of Advanced Get. Data provided by eSignal.

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

EURCAD Yahoo !

Good Evening / Morning Dynamic Traders

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

Cross = EURCAD: 60min Chart (Posted Below)

Are you still with me on this one ? Did you trade it ?

For those that followed and made plenty, a small donation to charity goes a long way in paying back for your education. With EIGHT British servicemen bodies returned to our shores today, one of my best friends is rowing from New York to the UK, single handed and unsupported. He lost his leg with me in the Falklands and has been at sea for 9 days so far of what could take 100 days or more to complete. This is to raise awareness of UK servicemen and women who pay the ultimate price in war. You can follow his progress and/or make a donation to his charity "Blesma"at www.commando-joe.com . If you do, then give Dynamic Trader a mention.

You will be well aware that our fruit fell from the tree today and the 60 min chart below shows this. All indicators on the 60min chart are showing severe "over sold" and a correction may well be on the cards.

Our swinging Day chart shows price passing through ALL points discussed last night, VI, RN, Advanced Get "Elipse" and kissed through a fib breather level.

Back on the 60min chart we have just completed a "Bullish Engulfing" candle, so one would have tightened their stops as tight as possible and be looking forward to be stopped out, taking as much as the 450pips that were available.















Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

EURCAD

Good Evening / Morning Dynamic Traders

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

Cross = EURCAD: Day Chart (Posted Below)

With so much happening last week, I have decided to follow the trade through on the EURCAD.

You will have read the initial analysis given last week, if not please click on this link. Initial analysis.
This was followed by a follow up, a few days later. Follow up.

There will be different types of traders who read this blog and I do hope that most of you have profited on the above trade, which ever way you traded.

I have tended to sway towards "Swing" trading of late and the day chart has become my main chart to analyse. When price had hit its resistance trend line and showed a reversal pattern, using techniques taught by Javid on the webinars, you would have entered this trade on a short.

Your stop could have been at different positions depending on your strategy and I imagine most would have gone slightly higher than the previous high. This would have been the correct decision to have it after your nerves were tested on Thursday with the Green candle, despite our analysis indicating price to go lower.

With RSI, MACD and Stochastic s all indicating price still to go lower, today your faith was restored and 170 pips of profit in your bag. Some of you may now be out or some of you might be still in on a risk free trade.

With the VI below and roughly at the same point as a fib breather level, and or the Advanced Get "Elipse"and a RN, further decisions need to be made with a further possible 128 pips available.

Beware after such a big move today, some ground may be reclaimed initially.

Please do your own analysis before entering any trade.
















Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

EURCAD - Swinging ?

Good Evening / Morning Dynamic Traders

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

Cross = EURCAD: Day & 60min Chart (Posted Below)

Swing traders will have entered this trade on or shortly after my initial post , and be in plenty of pips as I write. With your stop above the recent high , we have enough breathing space for price to move and you may have already achieved TP1.

The day chart looks very nice, maybe too nice, remember the market is ALWAYS right. We have seen price touch a trend line and show a reverse pattern on the candles, and indicators point towards a change of direction.















The 60min chart may give us an idea of what is happening at the coal face.

You will see we have had 3 lower lows of late, with the VI playing a major role supporting price. We have tried to break through on the last 3 occasions, will the 4th push through and use support as resistance ?















Swing traders will be a lot more relaxed on this one than the day traders due to the amount of noise it makes intraday. Enjoy the ride.

Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

EURCAD = Noise

Good Evening / Morning Dynamic Traders

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

Cross = EURCAD: Day Chart (Posted Below)

Most of the day traders who follow my blog will still be in the trade from last week, and in profit. Please manage your trades correctly and remember what Saba said last week, "Be consistent in your moves, decisions etc" Good luck with your outcomes.

Javid spoke to me last week and repeated a phrase to me he mentioned before. "You will make more doing less"
Like yourselves I thought yeah yeah yeah what are my charts doing ?
Not everyone has the time to sit in front of the computers, all day every day and his comments are directed that "Swing Trading" is less stressful and more rewarding once you understand the basics.

Patience is a key part to play, and do not be too eager to take a trade, sometimes not trading = trading. Choose your strategy and wait for your set ups, plan your entry and exit's before entering the trade. Sounds easy doesn't it ?

I am going to choose a less popular cross this week, EURCAD, so lets drill down.

MONTHLY - This cross has was in a down trend since 1995 until 2000 and then changed to an up trend. In December 2008 price reversed allowing a trend line to be drawn from October 1998. Since the we have been having lower lows and lower highs.

WEEKLY - We can monitor the lower lows and highs and draw another pair of trend lines onto the chart, which shows us a nice squeeze on price. We have the VI at the lower line and a doji at the top line which we have just kissed. Major RN 1.6000 may play a role in the future of price ?

DAILY - The change of direction from the resistance trend line is more prominant on this time frame and we could have entered a short trade using our ESLT asd taught on the webinars. Stochastics have just turned over recently and there could be as much as a couple of hundred pips available from this cross. Major RN and VI are in our way of a move to the support trend line, so be aware.

60 MIN - I would like you to look at your 60min chart and NOTE the NOISE we have on it. As it is not one of the major crosses, you will see the "wickes" of the candles (Sometimes called the tails) are generally larger than the body. This will give you a lot of problems if you are new to Forex as you will more often than not get stopped out by the noise.

If you trade scared with a tight stop loss you will get burnt - Be warned. You have to give the price room to move. This is more previlant on the not so major crosses. That is why we should remember a phrase I use often, "What do I not see ?" If you had not looked at the 60min chart you would have missed it.

I leave you back at the DAY chart which looks like a nice short trade is available.
















Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

Follow our other blogs
http://www.fxcps.eu/
http://www.fxcps.co.uk/blog
http://www.fxcps.com/blog

The Euro Canadian Dollar..

Good afternoon Dynamic Traders,

Sorry my charts will not upload tonight, so I will just give you the details, and whilst doing your own analysis you will be able to follow it.

The daily chart for the EURCAD looks like it could head south soon but before that happens I want to trade the four hour timeframe chart on the long side should my rules be met.

At present this timeframe is showing convergence together with fib clusters at each breather level and the V.I. at the southern most one, together with a former R/S zone.

Therefore tomorrow I will keep a close eye on this pair to wait for a possible entry.

Good luck for your trading week ahead.

Clayton Farnworth.

The Euro Canadian Dollar.

Good afternoon Dynamic Traders,

Todays chart on the daily timeframe is of the EURCAD.

The trend as can be seen is up and may possibly be gaining strength with MACD showing no signs of any correction.

However, we are very close to a good figure and have just gone through a fibonacci retracement and are at present tagging an extension, with todays candle at present showing a possible hanging man formation although the body is a little large for this.

This could imply a chance to catch its breath or even a revesal and if you go down to the lower timeframe verification of this is showing.

The dilemma here is due to the strength possibly coming into this pairs trend and so once again patience is the order of the day with possible entry points coming from the lower timeframes for a continuation, if the confluences build here.

Dont forget to do your own analysis before taking any trades.

Charts courtesy of TradeStation.

Always enjoy trading.

Clayton Farnworth.

Possible H & S

Good afternoon Dynamic Traders,

The chart I want ot look at today is the EURCAD.

The weekly timeframe has an RSI divergence, amoungst other confluences, but if you go down to the daily chart below, you can see we have had a possible bearish flag pattern break and are now completing a possible H & S pattern.

Whilst doing your own analysis, you will also notice that it is in your DD parameters, but does at present stand at a fib. reversal, but is not OS in Stochastics and RSI is below 50.

I will take my entry in accordance with the daily price action, but would you please ensure that you do your own analysis before taking any trades.

Charts courtesy of TradeStation.

Enjoy trading.

Clayton Farnworth.

EURCAD Short Term Trade

Good evening Dynamic Traders,

Once again , I hope I have a shorter term trade for those intra day people.

Tonights chart is the EURCAD on the hourly timeframe.

This looks like a 123886, which shows divergences across different timeframes for your confluences and also with the figure and candle formation at the reversal.














Chart courtesy of Advanced Get.

As always please do your own analysis and only take your trades in accordance with your trading plan.

You can read our other forex blog by clicking here.

Have a great evening,

Clayton Farnworth.