Afternoon Review
Good Afternoon Dynamic Traders!
Todays tardy note will review last weeks action whilst discussing a benefit of considering a strategy that incorporates a longer term profit margin, together with possible intraday gain gatherings; many a time utilising the same currency couple.
AUDUSD (x refer BLOG 16 Feb)
This pair dwindled with determination providing a 151 pip profit; a welcome start to the week!
Below is the daily chart for the same.
Although price has reasonably retraced since the flow down hill, the trend remains earthward.
The nearing trend line support, with longer term swing strategy corroboration, offers probabilities for a healthy return.
Discerning Dynamic Traders will consult their hand books for a host of ideas!
AUDUSD daily chart Advanced Get
EURUSD (x refer BLOG 17 Feb)
This pair offered us a spectacle of volatility last week, closing above a sturdy trend line on the daily chart, perhaps promoting some further strength.
Although patiently perceiving a weakening swing trade opportunity with the trend, a smaller time frame may tender a valuable short term barter requiring attentive focus.
The 4 hour chart below shows price perched at a resolute S/R level.
The value index close by, supported by the figure and two momentous fib studies, may suggest a rally towards this region if a conclusive break is witnessed.
Heed Dynamic Traders, bartering against the trend requires careful observation and diligent use of the ESLT.
With this in mind, understand the market often offers profound profit possibilites with a single currency pair across differing time frames!
EURUSD 4 hour chart Advanced Get
GBPJPY (x refer BLOG 18 Feb)
Following fundamental news, this cross provided the market with a staggering 525 pip profit for those who bartered a break out signal!
Informed use of trading rules and ESLT should not have triggered traders into a break down entry.
This cross provided a prime example of market behaviour proving the uniqueness of each moment in the market.
The best traders perceive the market objectively,embracing and accepting risk; unaffected by what will happen next.
Good Trading!
Saba Jackson
Todays tardy note will review last weeks action whilst discussing a benefit of considering a strategy that incorporates a longer term profit margin, together with possible intraday gain gatherings; many a time utilising the same currency couple.
AUDUSD (x refer BLOG 16 Feb)
This pair dwindled with determination providing a 151 pip profit; a welcome start to the week!
Below is the daily chart for the same.
Although price has reasonably retraced since the flow down hill, the trend remains earthward.
The nearing trend line support, with longer term swing strategy corroboration, offers probabilities for a healthy return.
Discerning Dynamic Traders will consult their hand books for a host of ideas!
AUDUSD daily chart Advanced Get
EURUSD (x refer BLOG 17 Feb)
This pair offered us a spectacle of volatility last week, closing above a sturdy trend line on the daily chart, perhaps promoting some further strength.
Although patiently perceiving a weakening swing trade opportunity with the trend, a smaller time frame may tender a valuable short term barter requiring attentive focus.
The 4 hour chart below shows price perched at a resolute S/R level.
The value index close by, supported by the figure and two momentous fib studies, may suggest a rally towards this region if a conclusive break is witnessed.
Heed Dynamic Traders, bartering against the trend requires careful observation and diligent use of the ESLT.
With this in mind, understand the market often offers profound profit possibilites with a single currency pair across differing time frames!
EURUSD 4 hour chart Advanced Get
GBPJPY (x refer BLOG 18 Feb)
Following fundamental news, this cross provided the market with a staggering 525 pip profit for those who bartered a break out signal!
Informed use of trading rules and ESLT should not have triggered traders into a break down entry.
This cross provided a prime example of market behaviour proving the uniqueness of each moment in the market.
The best traders perceive the market objectively,embracing and accepting risk; unaffected by what will happen next.
Good Trading!
Saba Jackson
posted by Saba Jackson @ 1:02 PM
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