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Duncanforex

EURUSD Long - 30m chart - shame its Friday nightHello all - DuncanForex here with another trade idea. With USD weakening against GBP, I have been watching EURUSD today to see when it will reverse to trade this pair After the engulfing 1 hour candle this afternoon- I have entered on the retrace Looking for a quick scalp before the close later this evening and if it looks to close bullish - I will stay in, otherwise I will close and re-enter on Monday thanks for looking Website is now live Thanks Duncan
Long
by UnknownUnicorn483829
GBPUSD - Long = Compound Trade entries - Awesome 24% growthHello all - DuncanForex here with a continuation compound trade With my first entry hitting TP this morning, I am looking to get more entries now on the next cycle higher Trades 1, 2 and 3 entered this morning at 1.2070 along with GBPJPY Trade 1 TP Hit Trades 2 & 3 Stop loss is now at entry point of 1.2072 - to take into account swaps. Entries, 4, 5 and 6 are on a buy stop at 1.2095 area Take Profit targets I have added to this chart to show what I am aiming for overall Trade number and reward vs risk ratio 1 = 2 to 1 2 = 3 to 1 3 = 4 to 1 4 = 3 to 1 5 = 5 to 1 6 = 7 to 1 Risk profile of 1% per trade Overall Risk at any one time = 3% as first trade is already TP. trades 2 & 3 are at break even before second 3 trades opened. Total capital growth if this plays out is 24% Risking 6% overall of capital with only 3% of it at risk at any single time (3 trades opened with 1% each) I hope you find it interesting Head over to my website to join and learn how to do this yourself Cheers Duncan
Long
by UnknownUnicorn483829
GOLD - XAUUSD - Short - AB = CD retracement - Second leg entryHello all - DuncanForex here with another trade idea I am looking for GOLD to head lower on a second leg movement down following the engulfing bearish candle printed yesterday It will head back to 1375 areas slowly - retest what is now support and then head higher up to 1800 over the next year. I will be trading Gold heavily over the coming months based on this view. The website is now live Thanks for looking at my trade idea Duncan
OANDA:XAUUSDShort
by UnknownUnicorn483829
GBPJPY - Long Trade - Up to ResistanceHello all - DuncanForex here with another trade idea I am looking to go long on GBPJPY Although there are trade wars going on in the back ground and in turn short term sentiment is being impacted. At the same time GBP is yo-yo-ing due to ongoing Brexit Hard or Soft short term sentimental views. I am going long GBPJPY, however will be managing the trade closely due to this. The website is now live - please head over for a lot of free content. Thanks for looking at my trade idea Duncan
Long
by UnknownUnicorn483829
GBPUSD Long - 6 to 1 - Against Trend?Hello all - DuncanForex here with another trade idea I am looking for GBPUSD to go long - even though it is at resistance - if the highs of 1.2088 are broken - I think there is scope to reach the 1.2175 area This is based on short term sentiment and a strong upwards leg today which I think after a small retracement could continue an AB=CD retracement tomorrow. A few buy stops are in place - lets see how it plays out. Thanks for looking at my trade idea The website is now live, head over for great free content Thanks Duncan
Long
by UnknownUnicorn483829
NZDUSD Long 3 to 1 or more - USD WeaknessHello all - DuncanForex here with another trade idea With USD starting to realise weakness across the board EURUSD has flow higher Whilst GBPUSD has continued sideways due to GBP weakness EURUSD is doing well and continuation entries have supported this driving higher today. XAUUSD is a winner if you are in it (I'm not due to an overnight retracement taking me out before flying higher today :-( - however that is the way it goes. With NZDUSD _ I am looking for this to head higher on sentiment news (Unemployment rate and Employment change) and catch up with all the other XXX USD bullish price action So I hope you're in it DuncanForex.com is now live I look forward to seeing you there
Long
by UnknownUnicorn483829
AUDUSD Long (FInally) - 4hr engulfing - this is going to flyHello all - DuncanForex here with another trade idea Following USDCAD gaining traction to go short yesterday, AUD finally gained strength overnight and printed a great engulfing candle on the 4hour I have entered on the break of the high and also have buy limits set at the 50% retracement in case there is some price chopping later - it should enter me in at those better prices too thanks for looking I expect USD to be weak through the whole of august. DuncanForex.com is now live thanks for looking at my trade idea Duncan
Long
by UnknownUnicorn483829
GBPUSD - Potential Bullish Move tomorrow - Lets wait and seeHello all - DuncanForex here with another trade idea Following todays price action, I think the market has printed a Bullish Gartley pattern on the 1 hour chart. If the highs get broken , then my Buy stops will activate. I am looking for more USD weakness , however looking at correlating pairs USDCAD is very bullish and therefore could lead to more USD strength However it is important to remember Trading CAD, AUD and NZD against the USD is not the same as trading EUR, GBP and CHF as the first three are commodity driven currencies. If GBPUSD gains strength and USDCAD gains strength - GBPCAD is going to fly higher tomorrow. DuncanForex.com is now live Thanks for looking at my trade idea Duncan
Long
by UnknownUnicorn483829
GOLD XAUUSD - Take 2 - Long trade - 3 to 1 EntryHello all - DuncanForex here with another trade idea Following the news spike taking the trade out this afternoon - the compression has now been broken to the upside - it could be a fakey, however if the previous highs are broken, I will be entering Long (Same rules apply with the weekly bearish inside candle potentially resulting in a severe drop by the end of the week Thanks for looking at my trade idea DuncanForex.com is now live Register now for a discount to the full course. Thanks Duncan
OANDA:XAUUSDLong
by UnknownUnicorn483829
GBPJPY - second entry - Long - lets see what happensHello all - DuncanForex here with another trade idea The trade idea last night did not work out, however price has now hit the Monthly pivot point, I do expect price to react at this level. It has broken out from the short term dynamic resistance - retested it at support and is now showing bullish price action on very low time frames. It this continues to cycle higher - I may get in to this trade however with a reduced risk profile of 0.5% per trade DuncanForex.com is now live Thanks for looking Duncan
Long
by UnknownUnicorn483829
2
NZDUSD - 3 to 1 Reward vs Risk tradeHello all - DuncanForex here with another trade idea Although against the prevailing trend, NZDUSD has broken out from it's down trend. It is currently at support where previously a head and shoulder pattern was created. Based on this price action, I expect it to head higher to previous resistance. I will be watching it closely and trailing my stops, however do expect this to head higher. DuncanForex.com is now live, you're welcome to register for free to access a lot of free content. Thanks for looking at my trade idea Duncan
Long
by UnknownUnicorn483829
GBPJPY - Long trade = with two options at dynamic resistanceHello all - DuncanForex here with another trade idea With EURJPY flying higher this afternoon on it's second leg higher. ALl JPY pairs want to head higher, however GBP is weighed down by more and more Brexit short term news. They key is to get in when positive GBP news comes out as it will fly higher to catch up with all the other Yen pairs. THere is divergence on the 1 hour chart - I have gone long back up to resitance and then drawn two scenerios of what may happen next. I am expecting it to head higher and break out from the larger descending trend line, however with GBP at the moment, who knows. I am leaning towards trading other pairs at present - however this trade meets 1 set of my rules (reversal) , so I am in Thanks for looking Duncanforex.com is live Cheers Duncan
Long
by UnknownUnicorn483829
1
Gold XUAUSD Long - 5 to 1 win vs risk - could it go back up?Hello all - DuncanForex here with another trade idea Following last weeks gold trades, I am looking to re-enter On the weekly, it has printed a bearish inside bar, therefore I think there is scope for price to retrace lower, however short term, I think if the trend line holds and new highs are made - then this could go long short term thanks for looking at my trade idea DuncanForex .com is now live Cheers Duncan
OANDA:XAUUSDLong
by UnknownUnicorn483829
1
GBPJPY - SUpertrade - 14 to 1 Weekly Trade and 1hour Entry ideaHello all - DuncanForex here with another trade idea Following the entries already live in GBPJPY - I am looking to add to my position I will be looking to enter on a pull back overnight against the trend line - price alerts and buy limits at the ready If it closes as a bullish inside week candle tomorrow.... I can see GBP exploding higher next week and it could lead to a great win. Thanks for looking at my trade idea and my related post below DuncanForex.com is now live Thanks for looking at my idea Duncan
Long
by UnknownUnicorn483829
1