Daily FX | Dynamic Trader Blog

Trends for Forex

Good morning forex traders and welcome to another week of trading.

I would like to start by thanking all the Dynamic Trader bloggers for their time and effort. It is appreciated tremendously not only by myself and Javid but also by so many of our forex blog readers as described in their emails.

Last week provided some good pips overall and lets hope this week will be even better. The Euro could be having a breather before a possible continuation so I will be watching this pair for a move either way.

The USDJPY is finding resistance so it could continue further downside. Dealing below 96 will likely be strength in weakness.

Watch AUDUSD for resistance and subsequently possible reversal or consolidation.

Javid's Twitter has already mentioned the CHFJPY late last night and this morning is being managed.

Below is the Dynamic Trader Trend Analyser for your trading convenience.

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Good trading to you all this week.

Anne Chapman
Currency Analyst

Forex Trends

Good morning dynamic traders,

We spent Saturday at Silverstone in our latest car BMW M3 and cooked the brakes so today are having to try and organize racing brakes to be fitted into the car in time for our next driving day this coming weekend.

Focussing on the week ahead, I have attached the forex trends for your convenience.

I am waiting for a set up on GBPCHF cross. The GBPUSD hit our target and has travelled down since then. The Cable is close to a support zone so those of you shorting this should watch out for that.

Good trading.

Anne Chapman
Currency Analyst

Forex Trends

Good morning dynamic traders,

Spent Monday and Wednesday with a personal shopper and today organising everything so have not had much chance to trade too much this week but those of you that know Javid will know he is not too far away from computer access for too long and as such still managed to continue his trading this week.

As I am busy today and tomorrow I will not be trading the rest of this week but thought I had better still give you the forex trends for the remaining of the week.

Here are todays forex trends for all you dynamic forex traders.

Good trading.

Anne Chapman
Currency Analyst

Mclaren Day

Good morning dynamic traders,

We are at Mclaren all day today and are both looking forward to it very much. We will get to see Lewis Hamilton's car and are test driving the MClaren SLR.

Before that I would like to give you all the latest trends for the forex market.

I am long NZDJPY from last night and locked in profits this morning. Javid and I have opened a long position on AUDCAD but not managing it yet.

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www.fxcps.co.uk
www.fxcps.eu

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Good trading.

Anne Chapman
Currency Analys

Todays Forex Trends

Good morning dynamic traders,

I would like to start off by saying thank you to a couple of friends for dinner yesterday.

The GBPUSD is in an uptrend and getting close to the big figure so watch out in case we get a U-turn. The USDJPY is also continuing the upward breakout so I think we may see one of these two changing it's direction soon even if it is temporary.

Todays trends are shown below.

Good trading.

Anne Chapman

Our Latest Track Day

Hello everyone,

Some of you have been asking about our track days so I have added a few pictures from our latest event.

As you may be aware, both Javid and me believe the best way to learn anything is to learn from someone who already does it and so over the last few months we have been taking lessons from Steve a professional driver who has entered and won many competition races.

With the techniques we are learning, we have started to overtake cars that cost 4 times as much and have more bhp than our HondaType R. This is primarily as a result of the lines we take through the corners at much greater speeds than would be taken on everyday roads. Without this training we would be lagging way behind.

Looking forward to our next track day event.

I will update with this weeks forex trends tomorrow.

Good trading dynamic traders.

Anne Chapman
Currency Analyst

Forex Trends for Friday

Good morning dynamic traders,

We have NFP due out today so remember to deal with your trades accordingly as per your forex training. Below is todays currency trends.

Good trading.

Anne Chapman
Currency Analyst

Trend Analyzer

Good morning dynamic traders,

It has been quite a busy few weeks for us with the motor racing days. We were at Silverstone on the GP circuit on Monday amongst the Aston's, Porsche's and Lambo's which initially was quite intimidating but once we started to overtake the Exige's, Cayman's, Caterhams and other faster cars I thoroughly enjoyed the day.

Even though our Type R is less powerful than some of the other cars on the circuit, the techniques we are learning from our instructor is more important and manages to keep the faster cars behind us when negotiating corners especially at speeds over 120 mph where some of the other drivers with more horse powered cars are unable to keep up due to lack of technique.

Training and technique is invaluable in learning anything new and that certainly is true with trading. As many of you have previously asked Javid to share his trend analysis after having been on the forex webinar series, I have decided to put the trends on the forex blog for you. This trend analysis is only useful to those who have been on the Dynamic Trader forex webinar training.

I would like to say well done and good luck to both Hansel and Shirin.

Visit our other blogs below:

www.fxcps.com
www.fxcps.co.uk
www.fxcps.eu

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Follow Anne on Twitter

Anne Chapman
Currency Analyst