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Duncanforex

USDJPY - 14 to 1 supertrade - Short-1 hr -additional positionsHello all - DuncanForex here with another trade idea With my positions from the 17th July holding on and my positions on the 22nd July stopping out at break even, I am looking to get back in to USDJPY. This morning the retracement trendline has been broken - I now expect USDJPY to head far lower as the weekly candle is a doji - it has spent the last 2 days retracing inside that range and is now set to head lower. In turn, Gold I do expect to get up to the 1450 area in the coming week This move will be a great one , don't miss it. i'll have 3 positions open so if they win, it'll be over 40 to 3 in terms of win vs risk. I do intend to compound the move and enter again on smaller retracements as the week unfolds. Overall I expect to get over 100 % capital growth increase on this move The website is LIVE - please head over for a lot of free content Thanks for looking Duncan
Short
by UnknownUnicorn483829
USDCHF - COntinuation SHort Trade - could be a big moveHello all - DuncanForex here with another trade idea I am looking to add positions to my USDCHF trade With the Swissie and Dollar fighting against each other - price action has slowly cycled lower, but it is cycling lower... With price action currently sitting at resistance on the 4 hour chart if the lows are broken at 0.9835 - I will be looking to add short positions. If the highs of 0.9877 are broken, then I will look to change my view on the USD. DuncanForex is now live Thanks for looking at my trade idea Duncan
Short
by UnknownUnicorn483829
Gold - XAUUSD - 10 to 1 Supertrade - this will be a fast moveHello all - DuncanForex here with another trade idea Last night - a higher low was printed on the 1 hour chart- which based on the 7am BST bullish pin bar candle will now start to cycle higher again. Along with USDJPY to head far lower, with the retracement trendline break out, I do expect GOLD to get up to the 1450 area in the coming week This move will be a great one , don't miss it. I'll have 3 positions open so if they win, it'll be over 30 to 3 in terms of win vs risk. The website is LIVE - please head over for a lot of free content Thanks for looking Duncan
OANDA:XAUUSDLong
by UnknownUnicorn483829
Gold 15 minute Entry for Long Trend continuationHello all - DuncanForex with another trade idea I don't normally trade this a low a time frame, however with the inside day printed last night and the downwards consolidation trend line just broken on the 5 minute chart If this 15 minute candle's high is broken - I will be looking to add more positions with a buy stop Due to the timeframe - I will be only risking 0.5% per trade. DuncanForex.com is now live Thanks for looking at my trade idea Duncan
OANDA:XAUUSDLong
by UnknownUnicorn483829
Bitcoin - BTCUSD - Long 5 to 1 tradeHello all - DuncanForex here with another trade idea With Bitcoin bouncing around support and now making new higher highs on the 1 hour chart Two ways to enter - on the break of the previous 4 hour candle high or a retrace to 9900 area and then a continuation upwards (will provide a tighter stop opportunity and an even better Reward vs Risk. - I will be in looking for about a 5 to 1 trade if the 4 hour highs are broken It meets my rules bouncing off support at the 9930 area and therefore I am looking for along trade. If 9400 gets broken - then I will be looking to short Bitcoin down to 7100 area Lets see how it plays out. DuncanForex.com is now live Thanks for looking at my trade idea Duncan
BITSTAMP:BTCUSDLong
by UnknownUnicorn483829
BTCUSD - Bitcoin - Could it go to 5000? SHORT Trade CryptoHello all - DuncanForex here with another trade idea With Bitcoin cycling lower - there are two options, the diagonal dynamic downwards resistance is broken, retested and then it heads higher. or - if you jump back to the weekly / monthly charts - its printed a lower high. Now a Fibonacci extension would take bitcoin back to zero and into the negative - (which is not possible) Therefore, i think there is real scope for it to go down to 5000. If it cycles lower tomorrow on the 1hr / 4hr - i will be in a short trade If it breaks the downwards trend line and retests it as new support - i will look to go long Thanks for looking at my idea Duncan
BITSTAMP:BTCUSDShort
by UnknownUnicorn483829
1
GBPUSD - 1 HOUR Trade LONG - 5 TO 1 WIN VS RISKHello all - DuncanForex here with another trade idea With GBPUSD cycling higher on the 1 hour chart - although it is against the trend - I am looking to trade it back to resistance. On the 4hour chart it has printed a nice inside bar and the high of that candle as already been broken. I am expecting USD weakness now certainly until month end as we head to the FOMC date. I have places a buy stop just above this area so if it does cycle higher - I will be in. With AUDUSD heading higher overnight as planned, I am looking to add to my positions on correlated USD pairs. thanks for looking at my idea Duncan
Long
by UnknownUnicorn483829
EURUSD - LONG 4hr - multiple targetsHello all - DuncanForex here with another trade idea. After GOLD breaking out from the consolidating triangle and heading higher - USD is weaker sooner than I expected. Therefore, I'm looking to sell the USD> Here is another opportunity to do that with the EURUSD> With European PMI data coming out over the enxt few days into next week and the ECB meeting on the 25th - strengthening EUR. With USD 50 points rate cut being priced in - USD weakness is ahead - especially with oversold indices markets. I can see this pushing higher over the coming week Thanks for looking Duncan
Long
by UnknownUnicorn483829
6
USDJPY - Inside Day SHORT trade - could be explosiveHello all - DuncanForex with another trade idea. With Gold finally taking it's second leg higher this afternoon - (please see related trade below) - I am in turn expecting JPY to gain strength. if the inside day is printed tonight on USDJPY, I can see JPY gaining strength overnight and USDJPY falling lower rapidly (may even gap after 22:00 BST with lack of liquidity.) I have entered the market at 108.10 and I'm aiming for the 105 area. Thanks for looking Duncan
Short
by UnknownUnicorn483829
USDCAD - Long - Daily Chart - 3 : 1 Win vs RiskHello all - DuncanForex with another trade idea With USD gaining strength - I am looking to go long on USDCAD I missed the 4hour bullish engulfing this afternoon therefore I am entering on the daily chart - with also a buy limit set at the 50% retrace point so if that triggers I will have a larger lot size I am looking for 2 targets - first arrow is the downward trend line that may act as resistance. The second is a major swing low area and further area of resistance Lets see how this plays out. I can see USD being strong until the FOMC rate on the 31st July and then I think USD is going to weaken dramatically and the overall trends will resume of USD being weak Thanks for looking Duncan
Long
by UnknownUnicorn483829
GBPUSD - potential long trade in the coming dayHello all - DuncanForex with another trade idea. With NFP coming in strong on Friday and USD gaining strength - the question is: Is this short term sentiment and will the FED support further USD strength or will the FED still suggest a rate cut and in turn will USD weaken,? Therefore, the recent price action being a stop loss hunt before heading higher quite quickly I have not been able to publish all my trade ideas this week - however I am currently long gold at 1393 and I expect USD weakness to now continue on other pairs. I am looking to go long GBPUSD after reviewing my support levels - where I previously think I got in too high on the recent down move. \I am looking for a break of the trend line and a retest prior to it heading higher This trade may end up going through FED news tomorrow and I will review prior to the news coming out if I have open trades. Thanks for looking Duncan
Long
by UnknownUnicorn483829
GOLD Long - continuation or not= Lets wait and seeHello all - DuncanForex with another trade idea. After closing my Gold trades at 1419 today (when previous low was broken) following entering at 1393 I am looking to see after a retracement if price will continue higher following a bounce on the trend line around the 50% to 61.8% retracement area. If the trend line is broken I may look for bearish signals, however if this plays out, I will be looking to go long I have buy limits at the 61.8% retracement level with a reduced risk profile, however will look to enter properly once I have price action confirmation to continue long Even with strong NFP and CPI, I think the FED will do something that the market isn't pricing in and it will catch a few traders out, when the market looks to re-position the dollar accordingly. Thanks for looking, website coming very soon. Duncan
OANDA:XAUUSDLong
by UnknownUnicorn483829
1
BTCUSD - Bitcoin - Bullish Shark Pattern - 6 to 1 TradeHello all - DuncanForex here with another trade idea. I have been watching Bitcoin the past few weeks since my last trade idea didn't activate. Since price has been consolidating and bouncing along the 10700 area which is now acting as decent support - it has now created a nice Bullish Shark pattern at this level of Support. We have triple divergence on the RSI as well suggesting price is oversold. A safer way to enter is to wait for the break higher at 11834 - wait on a lower time frame for the retest and then enter, however I have entered a lot lower to increase my lot size and have a smaller distance between entry and stop, as I have left this trade some space to move. I entered at the 11350 mark and am aiming for a 6 to 1 trade with varying targets on the way up. I am expecting this to fly higher quite quickly over the coming few days Bitcoin does behave differently to Forex and can gap - however price action is price action. This trade meets my trade plan and I am in. Thanks for looking at my trade idea Duncan
BITSTAMP:BTCUSDLong
by UnknownUnicorn483829
EURJPY Supertrade Daily Entry - 50 to 1 Win vs Risk !!Hello all - DuncanForex here with a Trade idea. Based on the bullish pin bar printed on the monthly chart in Jan 2019. Over the past 6 months , price has retraced to the 50% to 61.8% area. You will see on the daily chart it has made higher highs and higher lows and just now printed a daily bullish pin bar. On the daily chart - you could get a 9 to 1 trade - up to the most recent highs. If you enter on the 4 our chart you could get a near 20 to 1. Based on the monthly chart - with a Fibonacci extension, I think there is a possibility of EURJPY getting to the 150.00 area over the next 1 to 2 years. I will be taking 5 entries at varying price levels and look to take it up to the 127 area initially - then after consolidation and break outs, look to then trade it again higher. This is analysis and a trade idea all wrapped up into one . Thanks for looking at my idea My website is not far away now Thanks Duncan
Long
by UnknownUnicorn483829
GBPJPY - LONG 9 to 1 Win vs Risk - Daily ChartHello all - DuncanForex here with another trade idea. I am looking to go Long with GBPJPY - after getting taken out over night - I entered at 135.38 this morning Based on the price action on the daily chart - if this closes bullish tonight - I will be taking many more long entries - I expect it to head higher and maybe at the start of next week - rapidly head higher due to GBP news. There are many levels of Take Profit on the way up, however also opportunities to enter many times on the way up too. Website is almost live Thanks for reading my trade idea. Duncan
Long
by UnknownUnicorn483829
1
GBPJPY - 4 Hour Long Trade - 4 to 1 WIn vs RiskHello all - DuncanForex here with another trade idea After a slow price action mid week last week - the Thursday "inside day" daily candle on GBPUSD resulted in GBP falling lower to the 1.2480 area which i went long on on Friday evening. Holding over the weekend - that has continue to play out nicely and now I'm getting in on another GBP pair matched with JPY. I expect this to cycle higher over the week and have opened multiple positions. Although the NFP was strong on Friday - Monthly price action tells me that USD is overall weak and although short term sentiment went against me, the overall trend is Up on XXX USD pairs and down on USD XXX pairs. Website coming soon Thanks for looking Duncan
Long
by UnknownUnicorn483829