Daily FX | Dynamic Trader Blog

GBPCHF Management

Good morning forex traders,

I would like to start off with congratulating Saba for her move towards becoming a full time forex trader. This is always a big step for anyone and one that is not available for so many people but luckily since Javid has been teaching currency trading to a select few people, I think this makes his fifth full time forex trader. Saba I wish you massive success and good dynamic forex trading.

I would like to revisit the forex chart GBPCHF mentioned yesterday by both myself and Javid on the fx blog and on Twitter. This forex cross has produced in excess of 600 pips in profit over just two days. Still in this trade and managing it now before we leave for shopping in Harrods for the day.

The GBPCHF 60 minute chart below shows XTL in play and Stochastics confirming the trend down. The figure may force a breather or even a bounce so if you are in this trade please take action in the form of trade management.

Source: Advanced Get by ESignal

Click here to read more about Advanced Get.

Further forex analysis.

Even further forex analysis.

Good forex trading.

Anne Chapman
Currency Analyst

GBPCHF Triangle

Good morning forex traders.

As you may already know from Javid's Twitter update last night and this morning, we shorted the GBPCHF. A good overnight trade and we are now managing our positions. The GBPCHF is in a triangle formation and the XTL is red showing short.

Good trading...

Anne Chapman
Currency Analyst

Competition Winner

Congratulations to Hina for winning the Dell laptop in our recent competition.

Chart courtesy of Advanced Get.

Don't forget to get your daily forex analysis at www.fxcps.com/blog and www.fxcps.co.uk/blog

Anne Chapman
Currency Analyst

Cable Level

Happy New Year forex traders.

Welcome back for another week of trading after the christmas break. No sooner did the new year start when it seemed like christmas day all over again. Profits were gift wrapped on the Euro and the Cable and handed over to us. Almost 300 pips across both pairs in less than an hour. Each of you who have come through our mentoring should have picked up plenty of pips this morning using our techniques before you even got to your desk in your office.

The GBPUSD is at a support level 1.45 and if we breach this the next major support zone is 1.40 so watch this pair. Cable is deeply oversold so we can't be too far from a retracement but all of you from the webinars will be aware the rules on that.

I would like to remind all the Dynamic Trader webinar attendees of the new state of the art laptop competition so please remember to check your emails.

 

In the coming weeks we will be taking up a new activity. As most of you who know us will be aware we recently joined the worlds largest supercar club which is nothing short of amazing fun. Driving these cars is just so exciting and thanks to a couple of friends for the recommendation. Well, for 2009 and starting in the next few weeks we have decided to take up rally driving and also the services of Stig's aquaintance so we can learn properly. We also bought a Honda Type R a few weeks ago for our training period. If all goes well we will put an order through for a Nissan GTR solely for the use of race track driving then I am sure Javid will ask me to put more pictures up for the dynamic trader car enthusiasts. Below is the Nissan GTR we had a few weeks ago.

I hope you all managed some well deserved time off and now back to the world of financial freedom otherwise known as the currency markets.

Remember to read the updates on both www.fxcps.com and www.fxcps.co.uk which for those of you who are unaware are two different websites with different anaysis.

Wishing you all a prosperous 2009 and all the success in your curency trading.

Last of all I want to thank two very special people who have given us a late christmas present. Later next month I will be putting up some pictures from our trip to Iceland which has been organised by Ash and Bijal and we will be off to early next month. Very much looking forward to this trip and thank you both again.