Greetings All,
Hopefully some of you clever duck hunters managed to make a few pips on Gbp.Chf, it has sold off by +310 pips since our
3 ducks lined up.
Here Is My Current View On Some Currency Pairs Using The 3 Ducks Method;
Eur.Usd – A bit 50/50 at the moment, I’m going to sit on my hands and wait until I see if it goes higher or lower.
Gbp.Usd - I would be looking for selling opportunities when my 3 ducks line up.
Usd.Chf - I would be looking for selling opportunities when my 3 ducks line up.
Aud.Usd - I’m going to sit on my hands and wait until I see if it goes higher or lower. A break above 0.9100 would get me bullish and looking for the buying opportunities when my 3 ducks line up.
Usd.Cad - I would be looking for buying opportunities when my 3 ducks line up.
Usd.Jpy - I would be looking for selling opportunities when my 3 ducks line up.
Eur.Jpy - I would be looking for selling opportunities when my 3 ducks line up.
Eur.Aud - I would be looking for selling opportunities when my 3 ducks line up.
Gbp.Chf - I would be looking for selling opportunities when my 3 ducks line up.
Aud.Cad - I would be looking for buying opportunities when my 3 ducks line up.
XAG.USD - I would be looking for buying opportunities when my 3 ducks line up.
XAU.USD - I would be looking for buying opportunities when my 3 ducks line up.
Hope that helps you, keep it simple, keep it logical!
Best wishes,
Andy
These are not trade recommendations. The 3 Ducks Method is best used as a set of guidelines with discretion in addition with your own market analysis and trading ideas.