dennisbay

dennisbay

I have a long bias on Silver, XAGUSD... key reasons.. 1. Silver has already made a new all time high and after consolidation, it is making it's way back up forming a steady uptrend movement to retest the highs. 2. Silver is a utility metal unlike Gold, meaning it does have a lot of demand especially due to the growing electric vehicles industry. 3. Silver as...

dennisbay

GBP has been in an extended upwards movement for a long time, and it's time for a retracement. All indicators point to a sell off.

dennisbay

Hey family, I am going long for EURUSD after plotting the daily swing high lows on the D1 and H4 time frames... watch the DXY USD index to see how the dollar moves tonight before you enter your trade... EURUSD Buy Trade You have 3 options depending on how the EURUSD moves tonight.... EURUSD BUY LIMIT 1: 1.20766 BUY LIMIT 2:.21106 STOP LOSS 1.20480 TP...

dennisbay

GBPUSD is on a downwards trend since last week and the dollar index DXY is looking strong tonight. I expect GBPUSD to go down towards the next support zone below tonight. Let's take a short position and grab some quick 1:3 risk to reward profits today. I also have confirmation on my Harmonics Scanner and Pivots Tool in my IM Academy strategies weapons arsenal on...

dennisbay

Bitcoin has come off the support at 34000 and bounced up as expected. I am in the Long trade from 36000, let's see if this sunday brings the rocket to the next high again... It always happens on Sunday!!! Bitcoin to the moon, up up and away!!! Let's go 50000!!!!

dennisbay

I am Long Bitcoin everyone, the trend lines no matter how I draw it all point to only one direction, and that's UP UP and AWAY!!! Fundamentally Bitcoin has defied the governments, the economy, the banks, the regulators, everyone... and now the Big boys are playing the bitcoin boom game... and more and more whales are pumping money into the possibility of 10X,...

dennisbay

EURUSD went up as expected yesterday and today DXY Dollar Index is bouncing back up, let's see if EURUSD bounces up again tonight from the lows as the support is still very strong and EURUSD is still in a long term uptrend. I want to look for quick buy on EURUSD and take some profits. Enter a Buy limit or buy at market execution in the support/demand zone at...

dennisbay

I am looking to sell GBPUSD today 13.1.2021, GBPUSD has reached a resistance zone at the top and DXY dollar index is recovering in strength from a drop yesterday. RSI and Stochastics has crossed the overbought zone and started going downwards on the 1 hour chart, and MACD has signaled a change in trend to the downside. Entry price 1.3670 and above Stop Loss...

dennisbay

EURUSD touched major support areas at the green circle and formed a huge demand zone last night. The DXY Dollar Index crossed into a downwards trend and signifies USD weakness... We went for a Buy Limit on EURUSD at the demand zone and pop goes the weasel.... I will be publishing more trade ideas like this often! Stay tuned to my posts!!!