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Duncanforex

USDCHF - Short Trade - 5 to 1 win vs riskHello all - DuncanForex here with another trade idea Following USD weakness today (I hope you all traded these great moves) USDCHF has broken 1 trend line and if it breaks the next one, I think 1 5 to 1 trade could be on the horizon USD weakness linked to the CHF which is a safe haven currency - I think this could move fast over the next few days. This is adding risk as trading more pairs with USD within the forex pair, however NZDUSD below stops are at entry The GOLD long trades I entered on the 8th July are also all in profit so I am confortable in opening more USD positions. Trade safe and thanks for looking at my trade idea Website coming within the next 3 days Thanks Duncan
Short
by UnknownUnicorn483829
3
GBPJPY - Long Position from Fibo RetracementHello all DuncanForex here with another trade idea. GBPJPY has been cycling higher on the 4 hour chart and following a bounce at the 61.8% retracement Following my related post and long term view. Dropping down to the 4 hour chart, I am expecting it to extended out to the 161.8 extension following this current retracement. Depending on Price action today - I may hold into the weekend, or look to re-enter on Monday morning. This trade idea is related to the 22:1 idea I have for this pair and these will be additional entries to compound the amount of pips I can gain from this trade. i.e. 1 trade is 1500 pips, 2 trades will be 3000 pips from the same move and so on Thanks for looking at my trade idea DuncanForex.com coming soon
Long
by UnknownUnicorn483829
EURUSD - Long - 50% to 61.8% retrace zone Hello all - DuncanForex here with another trade idea. I am looking to re-enter EURUSD following the trade I took in the related post below. Price is currently in the 50% to 61.8% Fibonacci zone of the retracement of the last leg higher and is cycling nicely I want to get in early in the week so ideally price is not near my entry point for when NFP arrives on Friday. As I am bullish XXX USD pairs and bearish USD XXX pairs With interest rates cuts hovering over USD for July - I expect that will ultimately increase USD weakness and for this pair send them higher. Thanks for looking Cheers Duncan
Long
by UnknownUnicorn483829
GBPUSD Long - 4hr Butterfly Reversal - Entering now, before NFPHello all - DuncanForex here with another trade idea Following my previous trade which did not work out, on a 61.8% retrace approach with a Head and SHoulder pattern on the 4hour chart the price action has now created a butterfly pattern instead. With the opportunity for a great win vs risk ratio I have now entered long and looking to ride this through the NFP on Friday. With USD weakening and other pairs across the board with varying degrees of strength I expect GBP USD to trade well With the EURUSD trade holding at the 61.8% retrace level also I am expecting both these pairs to head higher as the weak unfolds Thanks for looking Duncan
Long
by UnknownUnicorn483829
GBPUSD - possible bullish H&S pattern being created - 12 to 1 hello all. DuncanForex here with another trade idea I am bullish GBP and on the weekly chart last week it printed a nice bullish engulfing candle. This lined up with a weakening dollar is the ideal pair to trade. I think on the 4 hour chart - we are just creating the right shoulder of a head and shoulder pattern. If it gets to the 61.8% retrace and there is a bullish candle printed in the area - then I am in with multiple entries looking to ride it up to the top. and exit at stages on the way. Price is currently sat at a strong support level, however if it breaks through, I do expect it to bounce here and ultimately go long thanks for looking Duncan
Long
by UnknownUnicorn483829
GBPUSD - Long - Additional EntriesHello All - DuncanForex.com with another trade idea. I am entering additional long positions on GBPUSD off of support and I am looking at the 1.2870 level for Take Profit. This trade may take a few weeks to play out and the end of the week could be bumpy with month end positioning, however I am long anything xxx USD and short anything USD xxx. Although short term sentiment yesterday for USD strength, long term fundamentals are weakening Dollar. DuncanForex.com coming in about 7 days. Also if you are interested, I posted a video to accompany how I entered a separate Gold trade yesterday and how I also scalped it. Here is the link = www.youtube.com I hope you find it of use to see I how construct a trade.
Long
by UnknownUnicorn483829
1
XAUUSD - GOLD SHort short term retraceHello all - DuncanForex.com here with another trade idea Gold - has finally rolled over - I'm in at 1436.2 and 1431.3 I am looking to take one position all the way down to the previous level of support. - of 1408 On the 4 hour chart that closes at 7:00 am BST - it should print a lovely bearish pin bar If the low is broken of that candle - I will take a third entry too aiming back down to 1362 area. I moved the dynamic support line out of the way slightly, however you can see that price broke the trend line, then continued higher however underneath it - finally coming to pause at the 1440 area EURUSD Short is also looking good. This could potentially be a big sell off in gold as if you look at JPY pairs - they are poised to head higher following the printed bullish pin bars from back in December / January. USD JPY could be headed up to the 115 area Market moved that fast - 2nd entry hit Take profit of 1421 in 25 minutes (which is a nice change) as some of my recent trades have been taking a week to finish. Thanks for looking If you want to visit my website and subscribe for news please do, it should be up and running in about 1 week. Thanks Duncan
OANDA:XAUUSDShort
by UnknownUnicorn483829
1
EUR AUD - Trade Idea - Long or SHort - Patience will WinHello all DuncanForex.com with another trade idea This one is dependant on Market conditions, It is currently consolidating - sitting on Support whilst lower highs are continually made. It is creating a triangle pattern and I am waiting for it to either break out and retest above the triangle or break out and retest below for a short opportunity. I have alarms set in tradingview for the price to break certain price levels. Lets se what happens. I am conscious that to the left, is a large monthly pin bar - so at a point, I do expect EURAUD to head lower, however it may not be yet - we will see thanks for looking Feel free to go to my landing page where you can subscribe for website news and upcoming detail for when the site is to open Thanks for your time Duncan
by UnknownUnicorn483829
GBPJPY - 22:1 Win vs Risk Trade - 1500 pipsHello all I am looking for GBPJPY to retrace to support having broken through resistance on Friday The weekly chart has printed a great dogi bullish bar between the 61.8 and 78.6% retrace of the current move. On the weekly and the monthly charts are great pin bars printed December and January respectively. I am bullish GBP (And EUR and AUD) and do expect this to go higher Not as smoothly as lets say GBPUSD, however I expect it to go higher and ultimately make 22 to 1 on these trades. I will be looking to enter at each relevant level as it heads higher Compounded this could be a trade that brings in 1500 pips for these entries and then proportionate multiples as it heads higher. Thanks for looking DuncanForex opening imminently Please go to the site to register your interest. Thanks Duncan
Long
by UnknownUnicorn483829
AUDUSD LONG - potential for an amazing tradeHello all Following the pullback over the end of last wee into this week On the daily time frame, we now have a double bottom, forming. Along with divergence on the RSI Yesterday's daily candle was broken on the high and after a retrace to previous resistance (now support) - AUD has gained strength again back to near highs of the day (so far) I entered at 0.6856 and have a buy stop for 3 more entries around 0.6880 area. I have a good space for price to move - if on the FED news the price heads lower - I will look to use this as to get a better price - increase my lot size and reduce my pip distance between entry and stop - risking just 1% on each trade. That may happen quick so you have to be focused. It meets my trade plan and I will be in this trade for the long term. I think with the previous related trade ideas - this could go up to 0.7500 area. Price may plummet - go on a stop hunt down to the 0.6820 area - however for me this will be a fake out and not head lower - just a better opportunity to go long. Thanks for looking Duncanforex.com coming within 10 days.
Long
by UnknownUnicorn483829
Bitcoin - BTCUSD - Retrace for a Long position - 2 Entry Points.Hello All - DuncanForex.com with another TradeIdea This time it is Bitcoin. With Bitcoin breaking through the key 10,000 level. I expect it to retrace to this level and if an engulfing candle appears - there could be scope to enter on the upwards trend line. If it breaks through that main upwards trend line - I will be looking to enter between the 61.8% and 78.6% area on the Fibonacci retrace. I do expect Bitcoin to certainly get up to 14,300 level fairly quickly. Thanks for looking at my trade idea I will be looking to open three entries when I do enter the market - based on the above two options DuncanForex.com opening in about 7 days. Please go to the cover page to register your interest. You can see a summary of all the trades I have taken in April, May and June which I took and also published on TradingView to show my analysis and results were achieved prior to the market then moving. Capital growth was April - 24% May - 98% June - 44% (up to the 21st June.) Thanks for looking, Duncan
COINBASE:BTCUSDLong
by UnknownUnicorn483829
EURJPY - Long trade Idea - and potential for higher moveHello all Following EURJPY make great moves in the last 24 hours, I am looking for the pair to head higher The pair have now retraced to dynamic support which was resistance. (in the down trend on the left picture) On the right picture I have dropped down to alower time frame to show where I would be looking to enter if it starts to cycle higher and a bullish candle is printed here. I'm looking to take multiple positions if it does start to cycle higher. Thanks for looking at my trade idea Duncanforex.com coming in 9 days. You're welcome to register now your interest Cheers Duncan
Long
by UnknownUnicorn483829
GBPUSD retracement LONG positionHello all I am looking to get in to GBPUSD With a weakening USD and GBP gaining strength dependant on sentimental short term views, i think that price will retrace today back into the 50% to 61.8% area of the Fibonacci region highlighted within the picture. Price could carry on or only retrace back to 38% area, however we will look for buy signals at these areas. The 50% is the preferred area where price also meets previous resistance which will now become support to head higher again Duncanforex.com coming in the next 9 days. you can go to the site now to register your interest. Thanks for reading my trade idea.
Long
by UnknownUnicorn483829
AUDUSD - How i traded it into the FED Rate and managed my risk.Hello All I thought i would post a video of how i completed my analysis and entered 6 trades in total for AUDUSD. All with different lot sizes dependant on approach and also how I managed my risk going into the FED news, and how with 6 trades triggering at different times (risking 1% of my capital for each trade) - I only had 3% at risk at anyone time which I have now reduced to just 1.5%. Thanks for your time in watching my video, i hope you find it interesting. Duncanforex.com is coming in the next 10 days. If you want to, you can go to the website now and register your interest and also be eligible to obtain discount vouchers for the training course once the site is live. Thanks Duncan
Education
by UnknownUnicorn483829
EURUSD Bullish Continuation - Long Trade - waiting to enterHello 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 nicely Sadly I moved my stops too high on the related trade below and it took me out before heading higher. - Always important to trade multiple pairs and types and I was long on Gold through last week which made up for it. I am expecting this to go higher for another leg - however it could be a messy start whilst it happens. I have put my stop loss below the 78.6% retrace area - however potentially this could drop all the way to the lows and create a double bottom before heading higher again. I am waiting for price action in this area - bullish engulfing candles on this occasion and once I get one, I will be in. Thanks for looking at my trade idea. DuncanForex.com is live with the opportunity for you to subscribe to site news and be eligible for discounts on training courses. you can also see my capital growth over April and May too. Risking just 1% per trade. The site will be fully live in less than 2 weeks.
Long
by UnknownUnicorn483829
GOLD - XAUUSD - Long Trade - continuationHello 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, however the lot size for the first trade is greater as there are less pips involved to get to the stop If it fails, and it retests this level of support at 1330, I will look to add to my position long and also let the conservative trade play out. There is scope for a lot more pips out of Gold yet I believe. Thanks for looking I have added below the video I made on how I took the previous Gold trade. DuncanForex.com is now live with a home page for you to subscribe to future news and also receive a discount on training. Cheers, Duncan
OANDA:XAUUSDLong
by UnknownUnicorn483829
EURAUD - SHort - Potential for AUD strengthHello 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 sentiment with Brexit and Trade Issues coming under control giving AUD some strength. Ideally we will get an engulfing candle in this area to signal bears are in control, however with AUD news later, it could happen quickly The trade will be on a sell stop and will trigger if new lows are made Thanks for looking at my trade idea Duncan DuncanForex.com is open for you to subscribe for latest news of my site opening and for course discounts.
Short
by UnknownUnicorn483829
GBPUSD LONG - EXPECTED FAST MOVE 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 entry and if it makes this, I will be entering on a Buy Stop. DuncanForex,com is now live - currently just with a Front Page for you to subscribe if you wish and be eligible for future discounts to training and also find out when the full site is going live (whilst I finish the final touches to the full site) Thanks for looking Duncan
Long
by UnknownUnicorn483829
GBPUSD - Long NFP Trade - Potential for lots of pipsHi 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 in well before NFP happens i.e today and then ignore short term sentiment and focus on long term fundamentals - which is for example a strengthening Eur after todays comments and a weakening Dollar. I was in EurUsd however they closed today - I will look to get in tomorrow - however it is currently overbought so looking for a pullback. GBPUSD however is at support and is a good point to get in long at the moment If it closes with a strong bullish candle heading into my take profit resistance area (4hour chart) - I will look for price to continue higher and hold it over the weekend. It may have created a double top which will be confirmed if it breaks the lows, however if it bounces off the daily R1 - I will take more long positions. Stop loss has a good amount of space for price to move. If the buy stop as indicated activates and it strongly closes at the 1.2800 area - I will expect price to continue higher and my TP planned area to be reached early next week. Thanks for looking DuncanForex.com coming in 2 weeks.
Long
by UnknownUnicorn483829
1
How I made In May - 3392 pips and 98% Capital IncreaseHello 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 of my best May trades published which were:.. 3 Short Entries on EURJPY which netted, 4.30% and 7.80% and 7.80% as well as 4 positions on AUDUSD which netted 2.50%, 10.67% and 1.50% and 1.50%. I wait for high probability trades (based on my Trading Plan) to increase my win loss ratio and so when I do win, it does offset the losses. Over May, I have published all the trades I have taken on Tradingview, which you can review at your leisure. DuncanForex.com is now live where there is a welcome page to sign up interest for when the site becomes fully open (in about 2 weeks) where early subscribers will be eligible for a discount to my training courses. On that welcome page is the summary of all the trades taken during May and April 2019. Each trade risks 1% of the capital in the account and therefore the lot size varies dependant on distance in pips between entry point and stop loss location. For example 1% could be risked over 81 pips, or 1% could be risked over just 12 pips. Thanks for reviewing my trade ideas from May and if you have any particular questions, please comment in the relevant trade idea and I will answer them as quickly as I can Thanks Duncan DuncanForex.com
by UnknownUnicorn483829
How I took a Long XAUUSD - GOLD position - analysis and reasonsHello 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 entered when I did and how you could enter conservatively, or maybe less so. Why the Take Profit target was where it was and how you could choose other targets. It's my first video on Tradingview, however I hope you find it interesting. DuncanForex.com coming in 2 weeks. Thanks for watching my video.
OANDA:XAUUSD
by UnknownUnicorn483829
XAUUSD GOLD - Potential Long move - on retest of dynamic supportHello 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 cycle higher, I will be entering long Thanks for looking Duncanforex.com coming soon.
OANDA:XAUUSDLong
by UnknownUnicorn483829