Trading the Trend with Strong Weak Analysis

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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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

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Dennis,

What are your thoughts on the eur/usd?

KC

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@frandlost

I’m not Dennis, but I think that there is a very very high probability that EUR/USD is going up.

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Since it was asked, EURUSD pulled back to the 200ma on the 1hr chart and held, as long as it says above this moving average it is a buy but remember this trade has already given us 500 pips, I prefer to play with the house’s money on reentries

GBPNZD is back at #1 and if you were patient and survived yesterdays drawdown you were well rewarded today

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Off-topic, but I hope I am not the only one here making money on Tesla

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Yes! Good days…do you think the split at the EOM will increase demand for this stock?

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based on today’s price your 1 share will become 5 priced at 400 a share, my guess for what it is worth those 5 shares will some day be worth 2000 each, that is if the Fed can keep their money printing ponzie scheme going a while longer

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I am not sure what is wrong with Trading Station, I had to pull these numbers from Trading View they should be pretty close, Top Trade GBPNZD on Friday took back most of Thursday’s gains, It is a new week and the Fed printing press has been running all weekend so get ready for another "nothing makes any sense " week of trading

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