Pro7 PA trading analysis 28+GOLD | Page 313 | Forex Factory

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Pro7 PA trading analysis 28+GOLD

  • #6,241
  • Nov 23, 2021 9:16am Nov 23, 2021 9:16am
[quote=prozor7;13798404]{quote} most of my posts are based on D1 & H4 TF everything below H4 is scalping (IMHO) here is example for GOLD {quote}[/quotmostly i trade m5 still catch 100 pips so i will go for scalper type trader
but only gold thats why get huge pips
  • #6,242
  • Nov 23, 2021 9:54pm Nov 23, 2021 9:54pm
for me gold still strong bearish..
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  • #6,243
  • Nov 24, 2021 1:01am Nov 24, 2021 1:01am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #6,244
  • Nov 24, 2021 2:07am Nov 24, 2021 2:07am
Quoting prozor7
good morning to all
good morning
  • #6,245
  • Nov 24, 2021 2:45am Nov 24, 2021 2:45am
Quoting prozor7
GOLD fishing buy @ 1792 EDIT no force to break 1798 close 3/4 taking 40 pips let see test 1791 ?
GOLD
still no force to break 1798
H1 indicate sell mode @ 1797 - close buy

PA stuck in 1798 - 1785 range

buy above TP 1806 - 1819
sell below TP 1778 - 1774

EDIT
pay attention to 1791 - D1 support / resistance line
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Forex can only be understood backwards, but it must be traded forwards.
  • #6,246
  • Edited 7:44am Nov 24, 2021 7:30am | Edited 7:44am
Based on my fibo..
I'll starting buy gold at 1765..
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  • #6,247
  • Nov 25, 2021 1:02am Nov 25, 2021 1:02am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #6,248
  • Nov 25, 2021 2:37am Nov 25, 2021 2:37am
GOLD
H1 losing buy momentum

close 3/4 buy @ 1794
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Forex can only be understood backwards, but it must be traded forwards.
  • #6,249
  • Nov 25, 2021 3:23am Nov 25, 2021 3:23am
Quoting prozor7
good morning to all
gud morning
  • #6,250
  • Nov 26, 2021 12:53am Nov 26, 2021 12:53am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #6,251
  • Nov 26, 2021 1:17am Nov 26, 2021 1:17am
GOLD
you can see my TP
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Forex can only be understood backwards, but it must be traded forwards.
  • #6,252
  • Nov 26, 2021 1:31am Nov 26, 2021 1:31am
EURUSD
orders will be closed by EOD
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Forex can only be understood backwards, but it must be traded forwards.
  • #6,253
  • Nov 26, 2021 1:33am Nov 26, 2021 1:33am
Quoting prozor7
good morning to all
good morning
  • #6,254
  • Nov 26, 2021 1:50am Nov 26, 2021 1:50am
Quoting prozor7
GBPCHF PA stuck between H4 sell @ 1.25431 & D1 buy / sell @ 1.25077 stepping aside I would like to see pullback down to 1.24000
Quoting prozor7
GBPCHF beauty of the pattern did you noticed that PA hit 1.24130 than back to 1.25077 H4 losing buy momentum indicating sell @ 1.24404 - breaking this line PA should not break 1.24607
GBPCHF
unfortunately didn't take this trade

if you did it will be smart to take 1/2 - 3/4 profit @ 1.23542 - 1.23425 - PA could find support here
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Forex can only be understood backwards, but it must be traded forwards.
  • #6,255
  • Nov 26, 2021 2:55am Nov 26, 2021 2:55am
GOLD
now pay attention to 1798 - 1803 how PA will behave there
Forex can only be understood backwards, but it must be traded forwards.
  • #6,256
  • Nov 26, 2021 2:59am Nov 26, 2021 2:59am
Quoting prozor7
{quote} USDCHF stepping aside done buying D1 losing buy momentum @ 0.93095 - max up should be 0.93852 before up to 0.94 I would like to see pullback down to 0.92419 - 0.91933
USDCHF
to take new position I will wait for Monday
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Forex can only be understood backwards, but it must be traded forwards.
  • #6,257
  • Nov 26, 2021 3:08am Nov 26, 2021 3:08am
Quoting prozor7
GOLD you can see my TP {image}
Hey Pro!
I have a question now i know most of the time when candlestick pattern is going to work in m5,15,30 coz i believe these patterns mostly work according to the trend and somehow i managed to learn where is trend heading not just momentum in smaller tf
So i am thinking to get 500points and get of the trade is it a fine idea coz watching a trade for hours it is getting me sick
any advice on this
thank you
  • #6,258
  • Nov 26, 2021 3:46am Nov 26, 2021 3:46am
Quoting OwaisJam
{quote} Hey Pro! I have a question now i know most of the time when candlestick pattern is going to work in m5,15,30 coz i believe these patterns mostly work according to the trend and somehow i managed to learn where is trend heading not just momentum in smaller tf So i am thinking to get 500points and get of the trade is it a fine idea coz watching a trade for hours it is getting me sick any advice on this thank you
as you noticed there are a pattern in 5, 15 ... min

there are pattern in all TF - MN, W1, D1... for that you need is to take position in smaller orders, bigger SL and you need to wait patiently for that pattern to finish.
Forex can only be understood backwards, but it must be traded forwards.
  • #6,259
  • Nov 26, 2021 3:50am Nov 26, 2021 3:50am
Quoting prozor7
{quote} as you noticed there are a pattern in 5, 15 ... min there are pattern in all TF - MN, W1, D1... for that you need to take position in smaller orders, bigger SL and you need to wait patiently for that pattern to finish.
i am long right now my sl is 1797 it wont cross it.
so that means i need to be patient overall i am doing good...
One more question how will i know pattern is completed.
  • #6,260
  • Nov 26, 2021 3:51am Nov 26, 2021 3:51am
Quoting prozor7
{quote} as you noticed there are a pattern in 5, 15 ... min there are pattern in all TF - MN, W1, D1... for that you need to take position in smaller orders, bigger SL and you need to wait patiently for that pattern to finish.
I mean how do will i know that pattern is finished.
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