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Dynamic Trader Blog - Forex Chart Pattern Signals

Wednesday, December 03, 2008

Gathering Yen Tidings!

Good Morning Dynamic Traders!

Mondays "Yen Tidings" provided lavish profits, collecting almost 250 pips! A welcome Christmas present for those of you who embraced the opportunity.

The old adage "the trend is you friend" is still singing a fine hymn that should be heeded and observed.

Below is the daily chart for the USDJPY.

As expected, the Yen took a deserved break yesterday, exposing a slight spinning top by close of play.
Your dynamic analysis should confirm a predictable wave 3 FIB is within reach, upheld by a support and a good zero figure cluster close by.


USDJPY daily chart Advanced Get

The 60 minute chart below shows that price is breaking through a triangle, forcing the dynamic trader to contemplate an entry strategy.

By using an earnest mechanical ESLT , today may present you with further bounties!


USDJPY 60 minute chart Advanced Get

Celebratory Trading!

Saba Jackson

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