Trading the Trend with Strong Weak Analysis

GBPUSD is now positive after the pullback

1

1a

1 Like

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

I hope you own some silver,

1

2 Likes

Silver has gone parabolic

1 Like

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.

3 Likes

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

3 Likes

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

5 Likes

Safe travels

1 Like

still gbp and gold uptrend intact.

1 Like

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

1a

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

1

2 Likes

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.

1 Like

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

2 Likes

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

1

1a

3 Likes

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

1

2 Likes

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.

2 Likes

Absolutely…

1 Like

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

1

1a

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

1

1 Like

big day for the US dollar, that is a very bearish looking red candle on the GBPUSD, price is being held up by the 200ma on the 1hr, if that fails this trade may be done

1

1 Like