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Duncanforex

FTSE will now Crash to 3650 - the trade of the YearHello all DuncanForex here with a follow up on my trade idea that I've been watching since Feb 2020 - with no advertising about anything so the post will stay active. With the power move during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. The FTSE broke out of its downward consolidation long and is now progressing higher over the past few months to the 61.8 Fib retrace. The Bullish move that occurred last month pushed the price into the middle of the 61.8% and 78.6% zone, after the bearish moves this past week and the "High" now printed, the CD move will be completed and the FTSE will ultimately go down to 3650 I had shorted the market as per my related ideas below, and i now have new entrys that you can see in the picture. (if you zoom in) - and also on other posts I do expect this to drop fast - with EU issues and Covid vaccines driving it lower. It will close on a bearish Pin Bar on the Weekly chart today. In turn, I do expect GBP to get stronger and stronger - so don't short any GBP XXX pairs. Stay safe and safe trading Duncan
TVC:UKXShort
by UnknownUnicorn483829
1
JPY is about to become a safehaven - With Stocks droppingHello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. With the power move during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. With the Yen seen as a safe haven, this trade is to compliment my currently active short on the FTSE. The FTSE broke out of its downward consolidation long and is now progressing higher over the past few months to the 61.8 Fib retrace. Don't be fooled by this Bullish move that occurred this week, the price is right in the middle of the 61.8% and 78.6% zone, it will consolidate again and i still think based on my analysis, the CD move will be completed and the FTSE will ultimately go down to 3500 area. With the Yen now not making higher highs and in the 61.8% zone on a bearish Fibonacci move, i expect the Yen to gather pace once the Fed speaks. Now the goal is to match the YEN against the weakest other currency, which could be the EUR. Stay safe and safe trading Duncan
Short
by UnknownUnicorn483829
FTSE and all Stocks - Don't BUY!!!! - They will plummetHello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. With the power move during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. The FTSE broke out of its downward consolidation long and is now progressing higher over the past few months to the 61.8 Fib retrace. Don't be fooled by this Bullish move that occurred this week, the price is right in the middle of the 61.8% and 78.6% zone, it will consolidate again and i still think based on my analysis, the CD move will be completed and the FTSE will ultimately go down to 3500 area. Price is about to touch dynamic resistance shown by the blue diagonal line which shows the long term uptrend broken at the start of the year, price is now pulling back up to this zone to then head down again. I had shorted the market as per my related ideas below, and i now have new entrys that you can see in the picture. (if you zoom in) I do expect a bit of sideways movement, also some stop hunting, however my analysis for me suggests all stocks are going to plummet very soon. and this is my view for the next few years. Stay safe and safe trading Duncan
TVC:UKXShort
by UnknownUnicorn483829
ALL STOCKS ARE ABOUT TO CRASHHello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. With the power move during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. The FTSE broke out of its downward consolidation long and is now progressing higher over the past few weeks to the 61.8 Fib retrace. Don't be fooled by this Bullish move, once it reaches 6600 area, it will consolidate again and i still think based on my analysis, the CD move will be completed and the FTSE will ultimately go to 3500 area. You can see where i will be looking to short the market in the picture. I do expect a bit of sideways movement, also some stop hunting, however my analysis for me suggests all stocks are going to plummet very soon. Stay safe and safe trading Duncan
TVC:UKXShort
by UnknownUnicorn483829
3
FTSE and all Stocks - Don't BUY!!!!Hello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. With the power move down during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. The FTSE broke out of its downward consolidation long and is now progressing higher to the 61.8 Fib retrace. Dont be fooled by this Bullish move, once it reaches 6600 area, it will consolidate again and i still think based on my analysis, the CD move will be completed and the FTSE will go to 3500 area. You can see where i will be looking to short the market in the picture. This isn't financial advice, however don't buy stocks, wait at least another 12 to 24 months and buy them when the FTSE is circa 3500 Stay safe and safe trading Duncan
TVC:UKXShort
by UnknownUnicorn483829
GBPJPY - Yen is about to become a Safe Haven? 8 to 1 tradeHello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. Following the trend line break, price has cycled lower and continues to remain below resistance With my FTSE trade continuing to go well and starts the move to circa 3500, i expect all Yen pairs to gain strength short. I'm short GBPJPY and i'll be looking to re-enter on each cycle lower as well as trade other YEN pairs too. This isn't financial advice, however don't buy stocks now, wait at least another 12 to 24 months and buy them when the FTSE is circa 3500 Stay safe and safe trading Duncan
Short
by UnknownUnicorn483829
FTSE UK100 - IT WILL CRASH THIS WEEKHello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. With the power move down during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. The FTSE is going to hit circa 3200 and it starts today. With the bearish pin bar currently being formed, this will create a very nice reversal pattern. Both creating ultimately a CD move at around 3200 This isn't financial advice, however don't buy stocks, wait at least another 12 to 24 months and buy them when the FTSE is circa 3500 Stay safe and safe trading Duncan
TVC:UKXShort
by UnknownUnicorn483829
1
FTSE and all Indices - are they about the CRASHHello all DuncanForex here with a trade idea - with no advertising about anything so the post will stay active. With the power move down during February 2020 (The AB Move) and then a slower retrace to the previous area of support which is now resistance. Two things will happen. A) Price will retrace further to 7000 - everyone will think everything is ok, and buy stocks, and then it will plummet to around 3600 B) Or if 5800 is broken this week, then the FTSE is going to hit circa 3200 Both creating ultimately a CD move. My view is that we need better divergence and there will be another leg higher first However, don'f be fooled. This isn't financial advice, however don't buy stocks, wait at least another 6 to 12 months and buy them when the FTSE is circa 3500 Stay safe and safe trading Duncan
TVC:UKXShort
by UnknownUnicorn483829
GOLD - New Long positions - 8 to 1??Hello all - DuncanForex here with another trade idea Following the move higher on the 24th and 25th October, I am looking to enter again off Support. Price is at a great level and I'm long at 1486 Lets see if this can get up to the previous highs from last week Reason for entry is Off Key Support level RSI showing divergence on 1 hour chart If it breaks the 1495 area - I will hold certainly to 1515 and may take partial profit and let it run 3 positions are open. I will watch accordingly Find me on Twitter , YouTube and my website thanks for looking Safe Trading Duncan
OANDA:XAUUSDLong
by UnknownUnicorn483829
1
USDCAD - 6 to 1 Win vs Risk Trade - LongHello all - DuncanForex here with another trade idea With USD seeing short term strength on Forex pairs (not metals) On the 5 minute chart - it has just completed a butterfly pattern and therefore the trade is live I am looking for a 5 to 1 with a wide stop and 10 to 1 with a tight stop on the 5 minute chart. On the 4 hour chart - it printed an bullish engulfing candle on the 24th Oct indicating a reversal is imminent. Thanks for looking a the trade idea. Find me on YouTube, Twitter and my website. Safe trading Duncan
Long
by UnknownUnicorn483829
How I traded GBPUSD for a 10 to 1 win todayHello all - DuncanForex here with some trading analysis I thought I would post a tutorial about how I traded GBPUSD today. I did enter aggressively expecting it to head higher. The reasons for entering were as follows. Sentiment view that a Brexit Deal was on the horizon. GBPUSD and cycling higher nicely making higher highs and higher lows I was looking to enter at the 50% retrace area as it was near to the new level of support from yesterdays highs. The candle that closed below the support line created a slight bullish wick and so I entered once is cycled higher on the 5 minutes chart. I closed the position once it created a bearish pin bar on the 5 minute chart - after the next candle closed creating the retrace - I go out of the market. Also it was very close to the 1.30xx area so was a good place to take profit I have posted a mobile screenshot on my website of the trade so you can see it. The trade played out well and was completed in less than 4 hours. If you want to learn more about identifying trades like this, I look forward to seeing you at my website Safe Trading Duncan
by UnknownUnicorn483829
1
USDCHF - COmpound continuation trade entry - Short Hello all - DuncanForex here. This is a compound trade on USDCHF - USDCHF - Direction - Short Timeframe - 30 minute entry Stop Loss - above swing highs Take Profit - same target as original entries. After last FRidays 4hr chart Short entry- and TP1 hit After the retrace - I am now looking to entrer again on the 30 minute chart to add to my positions and also once it starts to fall - move my stop loss for trade positions 2 & 3. Thanks for looking Duncan
Short
by UnknownUnicorn483829
USDCHF - Short - 4 hour time frame - Fib and 6 to 1 win vs riskHello all DuncanForex here with another trade idea With USDCHF heading higher, at the 61.8% retrace area, it has just printed an engulfing bearish candle. I am now expecting price to head lower for a 6 to 1 Win vs Risk trade. WIth USD continuing to receive dovish tones from important individuals, I am expecting this to head lower fairly fast. One to hold over the weekend and will take most of next week to play out. I am entering 3 trades and will look to enter further trades as it starts to cycle lower. My website is now live Thanks for looking at my idea Duncan
Short
by UnknownUnicorn483829
2