Late Night Review

Good Evening Dynamic Traders!

Following a tumultuous and news riddled debut week, price action has proven the predictability of an uncertain outcome, a conviction that all Dynamic Traders will possess.

A review of last week's play, may offer a higher probability outcome over a succeeding series of hands

EUR USD (x refer blog 20 April)

Below is the daily chart for this pair.

No sooner had the note been published, price bounced off the figure with a vigour that sent it flying upwards to conclusively rest ( by close of the week's play) at a trend resistance clustered with a prominent breather.

Strategic trend tailored positions that may have been poised, will not have been triggered with this forceful contra- trend display.

A lesser time frame now crudely displays its' reversal candles at another momentous fib area signalling a plausible end of this spectacle.

A fresh opportunity to sell a rally may now be presenting itself.

Savvy traders will perform their due diligence and define a satisfactory edge, before employing a course of action.

EURUSD daily chart Advanced Get


USDJPY (x refer blog 21 April)

This trendy pair chose to trespass the trend and mighty value index support, beautifully proffering a humble 100 pip bounty to those who had planned their barter in advance.

The daily chart below seems poised to continue this earthward assault, supported by a number of favoured indicators. The market will undoubtedly lead the way!

Those availing this opportunity as it flows, may wish to determine a suitable exit cluster using our mentors' dynamic on-chart tools.

USDJPY daily chart Advanced Get

USDCHF (x refer blog 23 April)

Discerning Traders aware of the relationship of this pair and the two remaining Musketeers, may have predicted price direction after observation of the sister couples.

Groomed trending strategies will not have been triggered following the immediate slump in price.

However, advanced traders' with the ability to view the market objectively and without distortion, may have exercised this contra-trend stance, entering the opportunity flow without hesitation, to the tune of 300 pips!

Price is now seated at noteworthy fib levels across multiple time frames, contemplating the next move.

Dynamic Traders - Consistency is a state of mind produced from a winning attitude; an approach that offers you huge mental flexibility to flow in and out of trades from the markets' own perspective and without any certain knowledge of what will happen next.

Unique Trading!

Saba Jackson