UnknownUnicorn483829

UnknownUnicorn483829 Updated 

Hello 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...

UnknownUnicorn483829 Updated 

Hello all - DuncanForex here with another trade idea Following a strong NFP number on Friday, USD headed lower, however at present I am still bearish the dollar overall. If USD weakens tonight through the FED news, then I will keep this view. If USD makes new lows on XXX USD Pairs and highs on USD XXX pairs, then I will change my short term fundamental view and...

UnknownUnicorn483829 Updated 

Hello 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...

UnknownUnicorn483829 Updated 

Hello 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...

UnknownUnicorn483829 Updated 

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...

UnknownUnicorn483829 Updated 

Hello 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...

UnknownUnicorn483829 Updated 

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...

UnknownUnicorn483829 Updated 

Hello all - DuncanForex here with a new trade idea. With Gold cycling higher on the 1 hour chart - I will enter if the high of the last 1 hour bullish candle that has just closed is broken. I will be watching it closely when it gets to the 1420 level It may drop as it is at extreme highs - reason for watching the 1420 level is that the market gapped near here...

UnknownUnicorn483829

Hello 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...

UnknownUnicorn483829 Updated 

Hello 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...

UnknownUnicorn483829 Updated 

Hello all - DuncanForex.com here with another trade idea As per my Gold short trade - I think USDJPY is ready to head a lot higher. (see related trade below) On the monthly chart it printed an amazing pin bar (back in Jan) It is now at the 61.8% retrace level (just under it by about -60 pips (on a weekly chart) I think this could head up to 115 level easily...

UnknownUnicorn483829 Updated 

Hello 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...

UnknownUnicorn483829 Updated 

Hello 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...

UnknownUnicorn483829 Updated 

Hello 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...

UnknownUnicorn483829

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...

UnknownUnicorn483829 Updated 

Hello 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...

UnknownUnicorn483829 Updated 

Hello 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...

10:44

UnknownUnicorn483829

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...