UnknownUnicorn483829
Hello 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...
Hello 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...
Hello all - DuncanForex here with another trade idea. With gold pulling back to the 50% to 61.8% area - I am looking to take more entries in Gold. With price action over night, I am expecting it to cycle higher today. On the 1 hour chart it is starting to make some bullish price action, - if the high on the 4 hour candle is broken, it could mean a lot more...
Hello all - DuncanForex here with another trade idea FOllowing the daily short trade I took last week, I am now entering on the 1hr chart on a pullback. Dynamic trend line providing resistance - I expect this to now drop a lot lower. Trade safe as this idea, along with all my others recently are all USD correlated. Thanks for looking at my trade idea Duncan
Hello all - DuncanForex with another trade idea with USD getting weaker (not including short term sentiment i.e. the FED rebuffing other's statements and the NFP I do expect this to head higher in the coming weeks. AUDUSD - if you enter on the next bounce - that is going to head a lot higher too. My website goes live tomorrow night Thanks for looking at my...
Hello 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...
Hello all - DuncanForex here with another trade idea. I am entering additional positions after the bullish engulfing candle was printed at support this afternoon on the 4hr chart. This coincides with the weekly bullish pinbar and now looks like the next leg higher will occur sooner than I expected. I am expecting some of these trades to be held for a few...
Hello 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...
Hello 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...
Hello 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...
Hello 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...
Hello all - DuncanForex here with a trade idea With USD gathering momentum and AUDUSD rolling over and creating a bearish engulfing candle on today's daily close I am looking to go long EURAUD after the downward resistance line was broken earlier this evening. I will be trading this closely as I think it is only a short term retracement before EURAUD heads...
Hello All - DuncanForex here with another trade idea After a couple of failed XXX JPY trades I have been sat back watching what happens next With EURJPY bouncing off dynamic support - and with RSI showing divergence. With Risk Off sentiment - I am looking for JPY to go higher - certainly to the dynamic resistance plotted on the chart Thanks for looking Duncan
Hello 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...
Hello 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,...
Hello 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...
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...
Hello 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...