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Pro7 PA trading analysis 28+GOLD

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  • Post #2,241
  • Quote
  • Nov 18, 2020 1:51pm Nov 18, 2020 1:51pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
Quoting Barnell
Disliked
I thought we would close green..
Ignored
based on what?
is there a chart?
analysis?
plan?

don't get me wrong or get angry, in 30 - 40 days you have 1700 posts, 15 thread started, 57 images posted:

none of them are regarding trading?

google say this:
"Multitasking makes you less productive.
We think because we're good at switching from one task to another that that makes us good at multitasking. ... Studies have found that multitasking reduces your productivity by 40%. 40%! If you're convinced that multitasking makes you super-productive, you're super wrong."

thx for understanding
Forex can only be understood backwards, but it must be traded forwards.
 
3
  • Post #2,242
  • Quote
  • Nov 18, 2020 1:56pm Nov 18, 2020 1:56pm
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,159 Posts
Gold like anything else is a price which moves from one extreme to another. Price moves up, down and side wards.
 
 
  • Post #2,243
  • Quote
  • Nov 18, 2020 5:46pm Nov 18, 2020 5:46pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
following symbols on D1 indicate trend change:
EURUSD - sell
NZDCAD - sell
Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #2,244
  • Quote
  • Nov 18, 2020 9:46pm Nov 18, 2020 9:46pm
  •  Torontom
  • | Joined Aug 2016 | Status: Member | 7 Posts
Quoting prozor7
Disliked
GOLD H4 indicate buy mode @ 1882 I would like to see pullback down to 1873 - 1871 as confirmations for buy remember PA should not break this H1 & H4 lines
Ignored
What target price we thinking for the buy prozor?

Also, ive been a lurker for a while for this thread and i gotta commend you on your analysis and thoughts.
Very insightful!
 
1
  • Post #2,245
  • Quote
  • Nov 18, 2020 11:09pm Nov 18, 2020 11:09pm
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,159 Posts
Gbpusd retracing, can possibly buy back at 1.319. Tp Will then be 1.33.
 
1
  • Post #2,246
  • Quote
  • Nov 18, 2020 11:41pm Nov 18, 2020 11:41pm
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,159 Posts
Usdchf one can sell on the daily. These are my opinions please don’t trade, I am in a state of learning
 
1
  • Post #2,247
  • Quote
  • Nov 19, 2020 1:40am Nov 19, 2020 1:40am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,159 Posts
Looks like the Eurusd has changed direction one the daily and 1 hour.
 
 
  • Post #2,248
  • Quote
  • Nov 19, 2020 5:56am Nov 19, 2020 5:56am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
good day to all

sorry folks, most of the day I will be out of trading.

will post when I get back

thx for understanding

pro7
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,249
  • Quote
  • Nov 19, 2020 6:02am Nov 19, 2020 6:02am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
Quoting Torontom
Disliked
{quote} What target price we thinking for the buy prozor? Also, ive been a lurker for a while for this thread and i gotta commend you on your analysis and thoughts. Very insightful!
Ignored
GOLD
down TP should be 1853

on bigger TF
breaking 1853 down to 1824 - 1797 - 1763
Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #2,250
  • Quote
  • Nov 19, 2020 10:59am Nov 19, 2020 10:59am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
good evening to all
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,251
  • Quote
  • Nov 19, 2020 11:42am Nov 19, 2020 11:42am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
GOLD
on bigger picture (MN chart) GOLD should go down to 1763
Attached Image (click to enlarge)
Click to Enlarge

Name: gold.png
Size: 47 KB
on D1 chart PA already pass monthly range that is in my calculations 1130 pips expecting that PA will pass more that is around 20 - 25%. having this in our mind pullback is expected.
Attached Image (click to enlarge)
Click to Enlarge

Name: goldd1.png
Size: 46 KB
pay attention to 1862 H4 resistance where PA indicate buy mode
Attached Image (click to enlarge)
Click to Enlarge

Name: goldh4.png
Size: 47 KB
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,252
  • Quote
  • Nov 19, 2020 12:01pm Nov 19, 2020 12:01pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
DXY
PA didn't close gap
Attached Image (click to enlarge)
Click to Enlarge

Name: dxy.png
Size: 43 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #2,253
  • Quote
  • Nov 19, 2020 9:17pm Nov 19, 2020 9:17pm
  •  peace1234
  • Joined Jul 2013 | Status: Member | 273 Posts
Quoting prozor7
Disliked
{quote} GOLD down TP should be 1853 on bigger TF breaking 1853 down to 1824 - 1797 - 1763
Ignored
Hi prozor7, you have good trading system, i learn a lot from you, thanks
 
1
  • Post #2,254
  • Quote
  • Nov 19, 2020 11:24pm Nov 19, 2020 11:24pm
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,159 Posts
Hi Prozor 7. Please could you explain one of your currency selections according to your selection process on the various time graphs. Many thanks. Can be when ever convenient
 
 
  • Post #2,255
  • Quote
  • Nov 20, 2020 3:17am Nov 20, 2020 3:17am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,256
  • Quote
  • Nov 20, 2020 3:48am Nov 20, 2020 3:48am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
Quoting Houtbay
Disliked
Hi Prozor 7. Please could you explain one of your currency selections according to your selection process on the various time graphs. Many thanks. Can be when ever convenient
Ignored
reads this post from Sep 17, 2020
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,257
  • Quote
  • Nov 20, 2020 4:06am Nov 20, 2020 4:06am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
this is my trading desk, you can download this tool from here

think of this as "chess board"
Attached Image (click to enlarge)
Click to Enlarge

Name: desk.png
Size: 113 KB
Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #2,258
  • Quote
  • Nov 20, 2020 4:45am Nov 20, 2020 4:45am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
Quoting Houtbay
Disliked
Hi Prozor 7. Please could you explain one of your currency selections according to your selection process on the various time graphs. Many thanks. Can be when ever convenient
Ignored
selection process:
you can find this in my post in following sentence: "following symbols on D1 indicate trend change:"

for example today:
following symbols on D1 indicate trend change from buy to sell:

GBPCAD - sell
this mean that this symbol next few days will be in sell mode and I will be selling up move; up to 1.74034 where we exit buy
next pay attention to correlations between symbols
Attached Image
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #2,259
  • Quote
  • Nov 20, 2020 5:03am Nov 20, 2020 5:03am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,638 Posts
with this tool you can have instant access, with one click to ... what ever you put on the chart
Attached Image (click to enlarge)
Click to Enlarge

Name: gbp.png
Size: 180 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #2,260
  • Quote
  • Nov 20, 2020 5:13am Nov 20, 2020 5:13am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,159 Posts
Hi Prozar I see Gbpcad as a buy.
 
 
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