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Keep TRYing………. ?

Wednesday, October 19th, 2011

Good Evening / Morning Dynamic Traders

“Better to have tried and failed, than not tried at all”

Cross = TRY Daily below (Courtesy of Advanced Get / E Signal)

I thought I would give an upadate on the TRY after the last blog which without knowing was posted within minutes of Richard also blogging regards the TRY. At least you will have had 2 views on the same cross.

With financial turmoil still topping the news headlines, it is hard to find and go with some trades, due to the sudden volatility we are seeing in the markets. You must stick to your trading plan and money management rules, which will keep you in the game and those that do not will find them selves OUT of the markets. BE WARNED.

Trading Room members will have all the tools in their lockers to help make these decisions easy and give them the edge. Please use them.

If you missed the previous blogs on the TRY, please click on the links below to view them.

The TRY has been in an uptrend since May when it started to use the VI as support and continued to climb. We have experienced a couple of pullbacks during its rise towards 2.0000 and currently 1.9000 is giving resistance.

The deeper pullbacks (Black arrows) have coincided with Stochastics falling below the 20 mark, and producing a higher low, only to turn upwards through the 20 mark (Yellow circles) and produce a higher high. This is a good COE for the uptrend to continue.

TRY Daily

If price closes below the previous higher low, we could see further weakness, however this is going against the trend. Todays candle, which is not complete is showing weakness, when momentum seemed to be bullish for a further attack against the 1.9000 resistance.

If you are not a Dynamic Trader Member and want to learn these strategies then click on the link below and improve your success.

Remember PRICE is your number 1 indicator, Support & Resistance is your second. Keep it simple.

Please do your own analysis before entering a trade.

PLEASE READ THE OTHER FREE BLOGS TO IMPROVE YOUR EDUCATION.

Anne Chapman , Bijal Shah , Clayton Farnworth , Javid Shaik , Richard Monnery , Sonia Molina , Zaheer Anwari

If you would like to receive free educational emails about the Forex, Register here.

If you would like to become a Dynamic Trader member, you will need to have completed our Forex Apprenticeship. For details click here,Trading Room here.

Trade with Passion

John Maher
Forex Analyst

Tags: usdtry
Posted in forex | Comments Off

Keep TRY….ing

Thursday, October 13th, 2011

Good Evening / Morning Dynamic Traders

“Better to have tried and failed, than not tried at all”

Cross = TRY Daily below (Courtesy of Advanced Get / E Signal)

Where has the year gone ? Time stands still for NO man or woman. We are now into October and the final 1/4 of the year. How is your trading plan working.

Are you on Target ?

Are you playing Catchup ?

Trading can be easy enough to do, however it can also be much easier NOT to do it at all. You have to stick to your plan and believe in it.

It has been difficult amongst all the doom and gloom we are getting on our news regards the RECCESSION, however they are and will be opportunities.

I want to draw your attention to the TRY which has been in a Uptrend for some time and I know that some of you have multiple positions in this cross.

I hold 2 positions in profit already in this cross and when I compounded a third, I could not wait to add to my profits, I had found the “Golden Cross”

Never take things for granted as the price pulled even further back and stopped out at my pre calculated loss.

How could this happen…. The MARKET is ALWAYS right.

Lets lookm at the TRY Day chart.

TRY Daily

You can see that the TREND is UP

PRICE is above the VI

I have drawn regression lines over price and you will see price has traded between these lines.

Look at the lines A,B,C,D they have at first provided RESISTANCE and then offered SUPPORT

Previous HIGH has been around 1.9000 and we have the RN 2.000 above. Price is currently at 1.8340, so we have some 2,000 pips available.

If we look at the indicator Stochastics, we can see there is no false reading and that the lines are passing under the 20.

When they turn back above the 20 line this will indicate (in an uptrend) a possible move higher and possible place to enter a trade.

To watch a short video on Stochastics, click on the link Stochastics.

So will we reach 2.000 ? Let’s wait and see.

If you are not a Dynamic Trader Member and want to learn these strategies then click on the link below and improve your success.

Remember PRICE is your number 1 indicator, Support & Resistance is your second. Keep it simple.

Please do your own analysis before entering a trade.

PLEASE READ THE OTHER FREE BLOGS TO IMPROVE YOUR EDUCATION.

Anne Chapman , Bijal Shah , Clayton Farnworth , Javid Shaik , Richard Monnery , Sonia Molina , Zaheer Anwari

If you would like to receive free educational emails about the Forex, Register here.

If you would like to become a Dynamic Trader member, you will need to have completed our Forex Apprenticeship. For details click here,Trading Room here.

Trade with Passion

John Maher
Forex Analyst

Tags: usdtry
Posted in forex | Comments Off

How many Pips in your Pomegranate ?

Tuesday, October 4th, 2011

Good Evening / Morning Dynamic Traders

“Better to have tried and failed, than not tried at all”

Cross = GBP Daily below (Courtesy of Advanced Get / E Signal)

I hope you all enjoyed the wonderful week end and have been rewarded yesterday with plenty of pips in your basket. I hope you have been reading the other blogs of late as they have all offered opportunities for you to improve your trading account. Remember you are looking for consistency between your trades and you must stick to your rules.

I mentioned in my last blog the viral whirlpool that was caused by the “Trader” Alessio Rastani, he got lots of airplay over the weekend appearing on many shows but never really got a chance to speak his word and was talked down by celebrity panellists who obviously know everything about trading.

As a Dynamic Trader you should by now know that we can make money whether the market is going UP or DOWN. I am not ashamed to make money on “Shorting” and as Newton said “The Apple falls from the tree faster than it grew on it”

The Pomegranate is a fruit that is full of seeds/pips when opened and the blogs if read, studied and traded if you were happy, will also have filled you with pips.

Be consistent and read ALL the blogs, the links are at the bottom of the page. Did you board Zaheers CADJPY train before it left the platform. Did you jump onto the TRY when it stopped at the station, Did you read Zaheers uptake on the NZD & AUD, Did you do anything about the weakness of the EUR and it’s links with the GBP?

Our Pomegranate has over 3000 pips from the TRY, 300+ with the GBP & EUR, 200+ AUD, 100 CADJPY.

Lets take a look at the GBP and the bigger picture first with the WEEKLY

GBP Weekly

The overall trend is DOWN, Price has been moving sidewards for some time and has been squeezed by resistance and support. Price has bounce off both the VI and resistance and then broke through support. We have had a long period of consolidation. After a long consolidation you may get a large move. The COE and our Trend point towards a Short. Lets look closer.

GBP Daily

Remember the bigger picture showed a Down trend, on the daily Price is above the VI and in that long consolidation period we saw on the Weekly, Price tested and tried to break below the VI in July.

We then saw a Double top in a Down trend and Price breached the VI.

Price pulled back towards the VI before using it as Resistance and fell away providing an Entry opportunity to go Short.

If you missed that Opportunity then study your charts and look for a BOB of the previous Low.

Make sure you reach your target before the RN 1.5000 below.

If you are not a Dynamic Trader Member and want to learn these strategies then click on the link below and improve your success.

Remember PRICE is your number 1 indicator, Support & Resistance is your second. Keep it simple.

Please do your own analysis before entering a trade.

PLEASE READ THE OTHER FREE BLOGS TO IMPROVE YOUR EDUCATION.

Anne Chapman , Bijal Shah , Clayton Farnworth , Javid Shaik , Richard Monnery , Sonia Molina , Zaheer Anwari

If you would like to receive free educational emails about the Forex, Register here.

If you would like to become a Dynamic Trader member, you will need to have completed our Forex Apprenticeship. For details click here,Trading Room here.

Trade with Passion

John Maher
Forex Analyst

Tags: gbp
Posted in forex | Comments Off

TRY…ain Leaving Platform 4

Friday, September 30th, 2011

Good Evening / Morning Dynamic Traders

“Better to have tried and failed, than not tried at all”

Cross = TRY Daily below (Courtesy of Advanced Get / E Signal)

Yet another week has passed and it has been filled once again with Financial news and hype. Will the Euro survive, Will Greece Default, Who will be next, etc etc etc. One interesting event was the trader interviewed by the BBC and he caused a viral tornado with regards his interview, He topped the trending on Twitter and made a name for himself, was he right, I will let you decide. Traders interview.

So Goldman Sachs rules the world ? Fear & Greed.

How much time would it take you to keep up with all that news ?

Thank god we look at the charts and make our decision from what we see. They do say the NEWS is already in the charts. learn your charts and follow Price, (Your No1 indicator)

If you read the blogs written this week by my fellow bloggers, (on the links below) you will see that opportunities are starting to appear. I bumped into Zaheer on the trading platform and managed to get a ticket for the CADJPY that he was waiting for. I did not have to wait long before it scooped me up on a BOB and is trying to leave the station. Are you on board ?

I was fortunate to have been on board the TRY for some time and it looks as if the train is stopping at next station, if your quick you may get a ticket. Check at the office before you board.

TRY Daily

You will see the trend is up and we have drawn a support line in play since June. Higher Lows in July, August and September are encouraging, where will we settle in October ?

Price is above the VI and we have a RN 2.0000 in the sky above. Stochastics show further strength in the trend.

Not shown on this chart but members should refer to their BOB charts and use their tools to find out at what time the train leaves.

If you are not a Dynamic Trader Member and want to learn these strategies then click on the link below and improve your success.

Remember PRICE is your number 1 indicator, Support & Resistance is your second. Keep it simple.

Please do your own analysis before entering a trade.

PLEASE READ THE OTHER FREE BLOGS TO IMPROVE YOUR EDUCATION.

Anne Chapman , Bijal Shah , Clayton Farnworth , Javid Shaik , Richard Monnery , Sonia Molina , Zaheer Anwari

If you would like to receive free educational emails about the Forex, Register here.

If you would like to become a Dynamic Trader member, you will need to have completed our Forex Apprenticeship. For details click here,Trading Room here.

Trade with Passion

John Maher
Forex Analyst

Tags: usdtry
Posted in forex | Comments Off

Homeward Bound GBP

Friday, September 23rd, 2011

Good Evening / Morning Dynamic Traders

“Better to have tried and failed, than not tried at all”

Cross = GBP Daily below (Courtesy of Advanced Get / E Signal)

I hope most of you took advantage of the last blog with regards the TRY and are in profit this morning. Since that blog we have had more and more nwes in the markets with regards world debt. A lot have trades that have served us well have suffered and we are seeing volatile moves against trades you may be in. Strict “Money Management” rules must be applied and if unsure stand aside.

Our Precious Metals have seen large candles the last couple of days and Silver crashing straight through its VI on the Daily. We may be presented some Pullback opportunities, lets see.

I would like to look at the GBP and I know Richard has recently also looked at the chart, which you can see from the links below.

Lets first look at the bigger picture the Weekly.

GBP Weekly

Price is below the VI and the general trend is downwards.

Price recently has been in a consolidation phase moving sidewards and coming back up to challenge the VI. It came close to touching it on two occassions and since has fell away.

Today as I write we have come to a area of previous support and price has bounced off it, as the day/week has not finished we have to wait and see how the bar will conclude. You will also see on the chart the two areas of further support to be aware of.

Also note that stochastic s is at its low point and we do not have a false bar indicating further strength. Are we due a breather ?

Lets look at the Daily.

GBP Daily

On the Daily Price is now below the VI, after consolidating around it (Yellow Circle) and then doing a Double Top in a Downtrend and breaking through the VI.

Price then retested Support as Resistance and offered a Short position as it broke below the pivot and also the RN 16000.

We do have the big number 15000 below if we fall further, however as previously said we have bounced around previous support and today at present we have a green bar. (To be completed) We do also have a false bar on the stochastic s indicating further strength to the trend.

Have a great weekend and for those trying to understand E Signal 11, I have some homework for you over the weekend.

On Line Manual, New User Orientation, Video Answers

Try and have some fun.

If you are not a Dynamic Trader Member and want to learn these strategies then click on the link below and improve your success.

Remember PRICE is your number 1 indicator, Support & Resistance is your second. Keep it simple.

Please do your own analysis before entering a trade.

PLEASE READ THE OTHER FREE BLOGS TO IMPROVE YOUR EDUCATION.

Anne Chapman , Bijal Shah , Clayton Farnworth , Javid Shaik , Richard Monnery , Sonia Molina , Zaheer Anwari

If you would like to receive free educational emails about the Forex, Register here.

If you would like to become a Dynamic Trader member, you will need to have completed our Forex Apprenticeship. For details click here,Trading Room here.

Trade with Passion

John Maher
Forex Analyst

Tags: gbp
Posted in forex | Comments Off

Keep TRY..ing !

Wednesday, September 21st, 2011

Good Evening / Morning Dynamic Traders

“Better to have tried and failed, than not tried at all”

Cross = TRY Daily below (Courtesy of Advanced Get / E Signal)

With the market still full of volatile news on a daily / weekly basis it has been hard to find some trends and on occasions we have seen some change of direction. It is the volatility that keeps the markets alive and the opportunity to make money. Most of my pips this year have been made on “Bearish” moves and trends, however apart from the precious metals, TRY has served well as a “Bullish” gem.

TRY is currently at an interesting point and well worth having on your watch list if you are not already in it. If we first look at the bigger picture and look at the WEEKLY chart.

TRY Weekly

Price above VI, in an UPTREND since October after bouncing off the VI and stochastic s showing false signal. Price tested and broke through previous resistance and of late has produced a neat pullback with a doji hanging man as support. Price has then moved up and we await to see if we get a BOB in the direction of the trend. If we do we have clear blue sky above upto the RN 2.0000.

Lets look at the daily.

TRY Daily

You will see that the trend has been reliable since its start and performed between its trading channel. We did have a period of volatility at the Yellow circle and observe the spike of a wick on the candle which finished the day Bearish. Price returned to its channel and has continued its trend since. Macd has generally remained above its mid-line showing momentum with the trend.

Do we have a “Steady Eddie”

If you are not a Dynamic Trader Member and want to learn these strategies then click on the link below and improve your success.

Remember PRICE is your number 1 indicator, Support & Resistance is your second. Keep it simple.

Please do your own analysis before entering a trade.

PLEASE READ THE OTHER FREE BLOGS TO IMPROVE YOUR EDUCATION.

Anne Chapman , Bijal Shah , Clayton Farnworth , Javid Shaik , Richard Monnery , Sonia Molina , Zaheer Anwari

If you would like to receive free educational emails about the Forex, Register here.

If you would like to become a Dynamic Trader member, you will need to have completed our Forex Apprenticeship. For details click here,Trading Room here.

Trade with Passion

John Maher
Forex Analyst

Tags: TRY
Posted in forex | Comments Off

It may well shine !

Tuesday, September 13th, 2011

Good Evening / Morning Dynamic Traders

“Better to have tried and failed, than not tried at all”

Cross = XAG Daily below (Courtesy of Advanced Get / E Signal)

It has been a frustrating week or so in the markets and volatility has taken many by surprise. The world is economically unsure of where we go next and every couple of days or weeks a major story breaks and the market reacts. This of late has been against the trends which had been serving us well, remember Rome was not built in a day and you will not get an instant fix or black box to bring you rewards overnight.

My basket has reduced in size as I await new opportunities and frustration nibbles away at you the longer you are waiting.

Silver has served me well since entry in early May, however it still has some way to go to return to its previous Resistance around the RN 50.000. We are currently showing bullish on the weekly and bearish on the daily, however you would have been given an entry signal yesterday from our sister Emma.

XAG Daily

Trend is up, Price is above VI and bounced off support of the trading channel. Emma has given us a nod and we have room to hit target before resistance.

Happy hunting.

If you are not a Dynamic Trader Member and want to learn these strategies then click on the link below and improve your success.

Remember PRICE is your number 1 indicator, Support & Resistance is your second. Keep it simple.

Please do your own analysis before entering a trade.

PLEASE READ THE OTHER FREE BLOGS TO IMPROVE YOUR EDUCATION.

Anne Chapman , Bijal Shah , Clayton Farnworth , Javid Shaik , Richard Monnery , Sonia Molina , Zaheer Anwari

If you would like to receive free educational emails about the Forex, Register here.

If you would like to become a Dynamic Trader member, you will need to have completed our Forex Apprenticeship. For details click here,Trading Room here.

Trade with Passion

John Maher
Forex Analyst

Tags: xag
Posted in commodities | Comments Off