tag:blogger.com,1999:blog-1991144219846628197Thu, 29 Apr 2010 19:29:47 +0000The Dynamic Trader Forex Bloghttp://www.fxcps.co.uk/blog/noreply@blogger.com (Javid Shaik)Blogger410125tag:blogger.com,1999:blog-1991144219846628197.post-6528663453140696030Thu, 29 Apr 2010 19:18:00 +00002010-04-29T20:29:47.873+01:00GBPSEKGood evening all,Tonights cross worth keeping an eye on for a possible shorting opportunity is the GBPSEK, which at present looks to be in an extended flag formation with short term divergence and is also at the lower breather level in a downtrend, whilst the higher breather does stand at former resistance as well though.However things to be aware of though are the close proximity of the V.I. http://www.fxcps.co.uk/blog/2010/04/pound-swedish-krona.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-506192650022877947Tue, 27 Apr 2010 10:10:00 +00002010-04-27T12:24:03.545+01:00EURNZDNZDJPYcadjpy.Good Evening / Morning Dynamic Traders"Better to have tried and failed, than not tried at all"Cross = CADCHF, Day chart below.Good Morning Guys,As always the markets give a little and then take a little and this has been happening over the last week.Those that follow this blog should be in profits from the trades we have looked at and entered. If you have lost your nerve and closed your trades http://www.fxcps.co.uk/blog/2010/04/toe-in-water.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-7526342751738729832Sun, 25 Apr 2010 15:28:00 +00002010-04-25T17:00:50.066+01:00GBPNZD.Hello all,Todays chart of the GBPNZD, could be getting ready to resume its downtrend as there is a very small H&S pattern showing at present which merges in with the recent consolidation.This pattern could also be interpreted as a triple top in a downtrend which would indicate more weakness to come, and as it is following the current trend could prove a good shorting opportunity.This pattern http://www.fxcps.co.uk/blog/2010/04/pound-new-zealand-dollar.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-3978062530347171867Fri, 23 Apr 2010 09:02:00 +00002010-04-23T10:51:19.161+01:00cadchfGood Evening / Morning Dynamic Traders"Better to have tried and failed, than not tried at all"Cross = CADCHF, Day chart below.Good Morning Guys,What a week we have had this week, volcano's spurting out hot ash, and I am on about the one in Iceland, not the 3 on the "Election Debate" on TV. Thousands stranded all over the world trying to get home with no flights and not to mention the race to the http://www.fxcps.co.uk/blog/2010/04/no-pot-of-gold-yet.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-1345550271004033976Fri, 23 Apr 2010 07:25:00 +00002010-04-23T08:45:44.145+01:00USDDKKGood morning Traders,Todays chart does not seem to want to load into the blog and so just an explanation will have to be given.It is of the USDDKK and can today be seen to be breaking current resistance whilst in a good uptrend.This therefore looks like a continuation could be about to take place and having used the appropriate entry technique price is currently below that entry point as http://www.fxcps.co.uk/blog/2010/04/danish-kroner.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-9040104130929908603Tue, 20 Apr 2010 21:44:00 +00002010-04-20T23:09:28.922+01:00GBPCADGood Evening / Morning Dynamic Traders"Better to have tried and failed, than not tried at all"Cross = GBPCAD, Day chart below.Good Morning Guys,The market resumed its trend movements today and rewarded all those that waited patiently whilst pullback and consolidation took place, and wasn't worth it.15% Gain of funds in ONE day.Remember those who follow this blog know we have 23 trades in play andhttp://www.fxcps.co.uk/blog/2010/04/15-in-one-day.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-704428739339712673Tue, 20 Apr 2010 19:41:00 +00002010-04-20T20:51:00.475+01:00gbpchfGood evening all,Tonight I thought I would review the GBPCHF last posted on the 11th, where it was said it looked as if it may come down but it was not a good trend, and immediately fell about 150 plus points but has since tried to start to climb again.This post is more to say await an outcome because it is not in a position to short at present although the trend is still down and price is http://www.fxcps.co.uk/blog/2010/04/pound-swiss-franc-review.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-5296231271924213379Sun, 18 Apr 2010 20:56:00 +00002010-04-18T23:39:46.328+01:00CADGood Evening / Morning Dynamic Traders"Better to have tried and failed, than not tried at all"Good Morning Guys,Just when you thought it was safe to get back in the water, we get an aftershock with the CAD on Friday afternoon. Have you ever heard of a person having a heart attack and then within a short period of time they get another, just like an earthquake or a Tsunami. We should have expectedhttp://www.fxcps.co.uk/blog/2010/04/aftershocks.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-3778170726319881499Sun, 18 Apr 2010 09:27:00 +00002010-04-18T10:42:26.357+01:00CADJPYGood morning all,Today I am doing a morning update as other things have to be done before the webinar tonight.A chart which has caught my eye is of the CADJPY, this has been in consolidation, ranging from about June 09, but at the tail end of March did break-out of the high of that range, to reach a high on 7th April and then to fall back down to where price is of Friday.This area, is once again http://www.fxcps.co.uk/blog/2010/04/canadian-dollar-yen.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-3734781262409201247Thu, 15 Apr 2010 19:46:00 +00002010-04-15T20:54:47.105+01:00eurgbpGood evening Forex Traders,Apologies for a quick update tonight as I have something I have to attend to, and also for not being able to upload the chart.Tonights pair is the EURGBP and I last mentioned this as a quick edit on March 23 for a posble long, and it popped up for a couple of days then fell sharply, so a loss on that for me.However it now looks like further weakness could be coming in http://www.fxcps.co.uk/blog/2010/04/euro-pound.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-278085552556830012Thu, 15 Apr 2010 13:05:00 +00002010-04-15T14:48:34.255+01:00eurcadEURAUDGood 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 http://www.fxcps.co.uk/blog/2010/04/harbour-drills.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-6353864135404656537Wed, 14 Apr 2010 18:43:00 +00002010-04-14T19:57:19.037+01:00SGDJPYGood evening all,As has been said by the other bloggers on these sites, frustrating times are testing us all, with the pullbacks and consolidations, but this is just part and parcel of trading, so just to reiterate, stick to your plan and therefore your trading rules.Onto tonights chart which is of the SGDJPY and has today pierced former resistance and is bullish at present after the long http://www.fxcps.co.uk/blog/2010/04/singapore-dollar-japanese-yen.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-5657522905507131297Tue, 13 Apr 2010 22:01:00 +00002010-04-13T23:27:01.144+01:00XAUGood Evening / Morning Dynamic Traders"Better to have tried and failed, than not tried at all"Good Morning Guys,Have we been having fun since Friday ? If you ever listen to some of Jim Rodgers interviews on You Tube you will hear him say that the "Greeks" should have been told to sort their own mess out, instead Euro are going to bail them out and the news sent a tsunami through our trades.Like ahttp://www.fxcps.co.uk/blog/2010/04/my-big-fat-greek-wedding-not.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-686563381194758461Sun, 11 Apr 2010 21:18:00 +00002010-04-11T22:45:47.688+01:00XAUGood Evening / Morning Dynamic Traders"Better to have tried and failed, than not tried at all"Cross = XAUUSD , Day chart below.Good Morning Guys,I had a great meeting with my fellow bloggers on Friday in London and a big thank you for the input given by both Javid and Anne. We were all glad to hear of positive responses to the blog's and discussed ways to try and improve them. Thank you for your http://www.fxcps.co.uk/blog/2010/04/somewhere-over-rainbow.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-8830891266603318494Sun, 11 Apr 2010 17:01:00 +00002010-04-11T18:25:14.476+01:00gbpchfGood 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 http://www.fxcps.co.uk/blog/2010/04/pound-swiss-franc_11.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-1475534974894134744Thu, 08 Apr 2010 20:10:00 +00002010-04-08T22:56:17.520+01:00eurcadEURAUDGood 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 willhttp://www.fxcps.co.uk/blog/2010/04/trend-is-your-friend.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-2402636105015643321Thu, 08 Apr 2010 19:24:00 +00002010-04-08T20:36:04.076+01:00NZDJPYGood evening everyone,I am afraid that there is nothing much to write about tonight as trades go because not many things are happening regards new positions due to pullbacks, consolidations etc., so tonights chart is just to keep an eye on to see how things pan out.It is of the NZDJPY, and looks like some degree of a northward move could happen, but early resistance would be found at either the http://www.fxcps.co.uk/blog/2010/04/new-zealand-dollar-japanese-yen.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-8738136279945222000Tue, 06 Apr 2010 19:29:00 +00002010-04-06T20:38:56.380+01:00gbpchfGood evening all,Tonights chart of the GBPCHF, could be getting ready to resume its trek southward.Price is currently retesting a former S/R area together with being in the midst of breather levels.Although there is no candle formation yet as an added indication, stochastics is showing a downward trend whilst coming upto the OB area.Await more direction if conservative or place an order if http://www.fxcps.co.uk/blog/2010/04/pound-swiss-franc.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-648348589344083485Sun, 04 Apr 2010 21:25:00 +00002010-04-04T22:59:49.479+01:00eggsGood Evening / Morning Dynamic Traders"Better to have tried and failed, than not tried at all"Good Morning Guys,It will be Bank Holiday Monday here in the UK by the time most of you read this post. Volatility will not be as high as normal due to the Easter break, despite the markets being open.Those of you who were questioning their beliefs on Friday, after the markets were wiping your hard http://www.fxcps.co.uk/blog/2010/04/basket-of-eggs.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-7492525138064540128Sun, 04 Apr 2010 18:25:00 +00002010-04-04T19:42:18.380+01:00CHFGood evening all,I hope you are all enjoying your Easter break and getting ready for your return to trading.I last mentioned this pair, the CHF, on the 16th March for a possible long to which price did move up just under 200 pips but also did say about the VI being close at hand and now this has been reached on Thursday with a good doji candle formation.Other confluences are that price is stayinghttp://www.fxcps.co.uk/blog/2010/04/swissy-again.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-7141663102269798099Thu, 01 Apr 2010 19:21:00 +00002010-04-01T20:37:54.447+01:00ZARGood evening all,Sorry for not posting since last weekend, but amoungst other things I have had power cuts this week and so although NFP is out tomorrow and it is Good Friday, I still thought for the more aggressive traders out there that the ZAR was worth a look at.Although this has been in a wide range since mid October it is currently nearing the low of that range and with all trends down may http://www.fxcps.co.uk/blog/2010/04/south-african-rand.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-3435296946270972797Wed, 31 Mar 2010 22:13:00 +00002010-03-31T23:29:31.877+01:00gbpjpyCADJPYGood Evening / Morning Dynamic Traders"Better to have tried and failed, than not tried at all"Cross = GBPJPY , CADJPY Day chart below.Good Morning Guys,Apologies for no post this morning, this was due to BT Broadband issues. You will be well aware that over the last couple of days we have had a pullback after the recent gains and also with NFP due on Friday.The market reminded that despite no http://www.fxcps.co.uk/blog/2010/03/some-you-win-some-you-lose.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-1829000896958959134Mon, 29 Mar 2010 09:12:00 +00002010-03-29T10:38:25.277+01:00NZDJPYGood Evening / Morning Dynamic Traders"Better to have tried and failed, than not tried at all"Cross = NZDJPY : Day chart below.Good Morning Guys,Those following the blog over the last couple of weeks will be going through a number of emotions as our ship is being tossed around the oceans (market) waves. In profit one minute and the seas are calm, out of profit the next and a storm brewing up.http://www.fxcps.co.uk/blog/2010/03/wheres-my-pips-gone.htmlnoreply@blogger.com (John Maher)tag:blogger.com,1999:blog-1991144219846628197.post-9093858521687705725Sun, 28 Mar 2010 18:25:00 +00002010-03-28T19:38:56.562+01:00CADGood evening everyone,Just a quick post before tonights webinar, re evaluating the CAD.I posted on this pair on Tuesday saying caution was warranted for a further short due to the RR, and since then price has moved up a further 100 pips or so, and thus has given a better scope for perhaps getting some short pips.Tuesdays post contents still stand with the resistance south of the RN etc but now http://www.fxcps.co.uk/blog/2010/03/loonie-re-evaluation.htmlnoreply@blogger.com (Clayton Farnworth)tag:blogger.com,1999:blog-1991144219846628197.post-6621624458715060049Thu, 25 Mar 2010 13:11:00 +00002010-03-25T14:08:39.419ZAUDCADGood afternoon all,Today I wanted to post of a high probability trade, but due to the recent pullbacks and consolidations there is plenty of uncertainty as to direction.The GBPJPY has recently hit a fibonacci level at resistance and is re-testing this before a possible continuation south making a possible right shoulder of a H&S formation on the lower timeframe and so a watchful eye is needed http://www.fxcps.co.uk/blog/2010/03/aussie-canadian-dollar.htmlnoreply@blogger.com (Clayton Farnworth)