Trading the Trend with Strong Weak Analysis

Keeping my eye on EURUSD we had second testing of the 200 ma on the 1hr chart, now if we can get that 1hr close above 1.8000 I feel good about this going higher

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GBPUSD is now positive after the pullback

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a little more consolidation, GBP and EURO look ready to break higher

I hope you own some silver,

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Silver has gone parabolic

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Instead of getting our breakout move we saw both Euro and Pound pullback against the dollar, My normal charting service is down for maintenance so I can’t update my rankings but these two charts below should tell the story.

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Note; I will be traveling this weekend and into next week, my next update to this thread will be Wednesday

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NZDUSD still @200ma H4, hope may regain strength.

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Safe travels

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still gbp and gold uptrend intact.

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I am back, it does not look like a missed much as we consolidate

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Here is where we stand compared to Friday, Top 3 and Bottom 3 have not changed

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hi Dennis,
This is silver h1 chart, as it has strongly broken 200sma in h1 on 11/08/20. So we have to wait to buy near h4 200sma or sell near 200sma h1. Or i am missing something.

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Hey Dennis,

I cobbled together the SW Ratings and Rankings for last week (when you were away).

The numbers are correct — they’re your numbers, just copied and pasted together.


SW - Dennis - 2020.08.07

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New Zealand has finished it’s 3-week fall from #1 , both EURNZD and GBPNZD look interesting

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No big changes, top three and bottom remain the same, Top Trades EURNZD and GBPNZD are positive and up in early Monday trading

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acc to dennis, eurnzd and gbpnzd already have given signal on 3rd aug 20. Only psycology to learn with this method is “PATIENCE”. (not small amt but huge :money_mouth_face:) Hats off Dennis.

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Absolutely…

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Did you buy the dip?

Gold, silver and gold miners are on the move again after a one day correction

and Bitcoin is also breaking out,

No change in the rankings, Yen was strongest on the day

Top Trade EURUSD looks ready to break higher

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It took a while but Top Trade GBPUSD finally broke out as well as EURUSD

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