Patient trading pays off

Good Day Dynamic Traders,

Having seen the communications from our mentor and other bloggers it appears that many of you have been doing tremendously well recently on your trades. This is fantastic news and makes it all the more worthwhile to do the blog posts.

As Javid always says that trading should be boring, it should not be exciting which is how you can keep your emotions under control. Someone asked me the other day if I was to describe my trading journey, what would I say? I think for me having been doing it for just over three years now, it is all about the simplicity. Keep it simple and it works, if you complicate it you end up losing the plot and getting very frustrated.

I have some updates below on the charts I have been talking about and also a new potential.

The EURNZD has been finding support as can be seen below and has tested the same area three times recently. This is one to be patient with, let the price tell you what you need to do and when. Its like intuition, if you listen out, you will surely get direction. No point second guessing.















I have posted the weekly chart for the CADCHF again because its a lot easier to demonstrate. Price is showing bullish signs and is now tackling the VI in addition to being at a crucial Fib reversal area. If the buyers win then we will see a clear breakout at which point some may enter. The rest may decide to enter at the break of the previous resistance.














GBPCHF has been in somewhat of a consolidation mode albeit with large moves within the channel. Price is now showing bearish signs and has broken through previous support. The decision to make is will it hold and if so where do you enter. Use your choice of entry techniques to help determine.














Good Trading!
Bijal Shah