UnknownUnicorn483829

UnknownUnicorn483829 Updated 

Hello all Following the USD strength heading into last Friday and the pull back - I am expecting USD to potentially stay strong for the next day or two until the FOMC on Wednesday and the USD to weaken considerably. (after some stop hunting.) I am looking to go long at this level - which is a 61.8% retrace of the current leg higher. EURUSD is cycling higher...

UnknownUnicorn483829 Updated 

Hello all Following the Long Gold trade I took 2 weeks ago - I have been looking to get back in and ride what I believe will be a second leg higher. With the price action today , where it has bounced off support and has started to cycle higher on the 1 hour chart - I am taking 2 trades, one conservative and one with a tighter stop. The risk is 1% for each,...

UnknownUnicorn483829 Updated 

Hello all Following the breakout of the trend line that has been built over the past few weeks, the pair has continued to cycle higher and has now come in contact with what was previously dynamic support that may now become resistance If the lows are broken as per the picture, I think AUD could quickly gain strength against the Euro. This is based on Euro...

UnknownUnicorn483829 Updated 

Hello all Following the weakening USD on Friday due to NFP along with Hawkish Fed members giving dovish views on interest rate cuts, the USD is potentially going to weaken considerably. I am looking to enter a second entry into GBPUSD Long following Friday's Price action. Please see related idea below. I am looking for a new high to be made as per the Long...

UnknownUnicorn483829 Updated 

Hi all I have been bearish dollar for a few weeks in my posts which is now starting to pay off. With the inside day bar created on AUDUSD, if todays high is broken tomorrow - I expect AUDUSD to rocket higher. In turn - all XXX USD pairs to go up and vice versa for USD XXX pairs. For GBPUSD (and any currency pair) - and trading through NFP, the trick is to get...

UnknownUnicorn483829

Hello All I take great pride in developing my trading approach to enable me to achieve this (it was a great month that surpassed a 25% capital increase in April) I hope that through publishing my trades, you have found them interesting, along with my Gold video from last week, giving an insight into my preparation before taking a trade. In the pictures are two...

UnknownUnicorn483829 Updated 

Hello all FOllowing on from last week's short position on EURAUD, after the new that came out yesterday, I am expecting continued AUD strength (same as my other trade for AUDUSD) I do expect this to fall in the coming days and add to my existing open position. Thanks for looking Duncanforex.com coming in 2 weeks.

13:26

UnknownUnicorn483829

Hello all I thought i would post a video of why i went long on Gold on the 28th May I discuss within the video the following Overall view on Gold Long term fundamental views on USD and why it is weakening Why I am looking to go Long (not short) How i place support and resistance and importance of dynamic resitance lines (angular) as well as horizontal. Why I...

UnknownUnicorn483829 Updated 

Hello all I am expecting gold to start cycling higher based on a risk on sentiment in the coming days. Technically, the downwards trendline was broken, it started to cycle higher before rolling over to head back to what was dynamic resistance to where it currently is which could become support. If I see any engulfing bullish candles at this area and then a...

UnknownUnicorn483829 Updated 

Hello all I am bearish on the dollar, although short term recent price action suggests otherwise. However, big picture, with the very bullish 4 hour candle printed last week on EURUSD, I am expecting after a retrace into the 50% to 61.8% area for it to now make a new leg higher. It is making higher lows and where the bullish candle was printed, it broke the...

UnknownUnicorn483829 Updated 

Hi All A few weeks ago I posted about USDCAD and the monthly bearish engulfing candle printed in Jan 2019. After a slow retrace - I think we are now at the point of reversal. After a stop hunt after the CAD rate news yesterday, it has started to cycle lower. I am expecting this to actually end up at around 1.2600 if you're feeling brave enough to hold it for...

UnknownUnicorn483829 Updated 

Hello all After a few false starts -(see related idea I posted a few weeks ago below) with the bullish engulfing daily candle today (dependant on your broker), I do expect the 61.8 retrace of the first leg now to continue higher up to near 0.7450 area )once the gaps is filled today on a small retrace) This will be a trade to hold for a few weeks, however when...

UnknownUnicorn483829 Updated 

Hello all After being proven wrong a few times last week, now that the uptrend has been broken, I think this retrace and bounce will now start to enable AUD to gain some strength and cycle lower. It coincides with my AUDUSD long trade prediction, therefore trade wisely before doubling your risk on AUD correlated pairs. I am in on the 4 hour candle bearish pin...

UnknownUnicorn483829 Updated 

Hi all After shorting it on the initial down move, after the retrace, it has hit support and made an engulfing bearish candle on the 4 hour. I now do expect it to head lower again, in turn gold to go higher and Yen pairs to go lower. It is cycling lower nicely and an I think indices could be in trouble over the net few week. Thanks for looking....

UnknownUnicorn483829 Updated 

Hello all I still have Short positions open, however if the following happens, I will close them and look to go Long. If I get a bullish candle at support of the right shoulder - even on the 1hour chart, I will be going long. I expect with the extension of trade tariffs by trump, a short term risk off sentiment. Thanks for looking Duncanforex.com coming soon

UnknownUnicorn483829 Updated 

Hello all After getting into GBPUSD too early on Friday for it to reverse on Monday. I am now looking to go long again, it has created a Bullish Butterfly pattern on the 4 hour and I expect it to consolidate in the current area before ascending higher fairly fast. I am looking for a 4 hour engulfing candle in this area of support to initiate the entry. Thanks...

UnknownUnicorn483829 Updated 

Hello all I think after the engulfing 1 hour candle on GBPUSD< we are starting to see USD weaken and GBP to start to climb higher. I am in at 1.2860 - lets see how this plays out as it could be a 10 to 1 win ratio if it reaches highs of 1.33xx Same reasons apply to entry as per related trade idea below It meets my trade entry reasons, lets see how it...

UnknownUnicorn483829 Updated 

Hello all With GBPNZD moving lower (gradually on a related trade) I am looking for AUD strength too. I think the recent break out lower on AUDUSD is a bear trap and in turn will go higher. In turn, I expect GBPAUD to go lower. On reviewing the price action, It has printed a Bearish Butterfly pattern on the 1 hour chart at a good level and in turn I do expect...