Pro7 PA trading analysis 28+GOLD | Page 59 | Forex Factory

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Pro7 PA trading analysis 28+GOLD

  • #1,161
  • Aug 10, 2020 4:36am Aug 10, 2020 4:36am
GBPUSD
pay attention to 1.30166 if hold buy breaking 1.30403 buy confirmation
Forex can only be understood backwards, but it must be traded forwards.
  • #1,162
  • Aug 10, 2020 5:41am Aug 10, 2020 5:41am
Gold slammed me couple of times below 2032.07 but it looks like price doesn't have strength to hold 2032.07, so I'm in again.
TP for second order is 2020.63
I will hold first order down to 1989.11
Always expect unexpected.
  • #1,163
  • Aug 10, 2020 6:20am Aug 10, 2020 6:20am
Quoting Skoljkica
Gold slammed me couple of times below 2032.07 but it looks like price doesn't have strength to hold 2032.07, so I'm in again. TP for second order is 2020.63 I will hold first order down to 1989.11
who is fishing today ?
Forex can only be understood backwards, but it must be traded forwards.
  • #1,164
  • Aug 10, 2020 6:26am Aug 10, 2020 6:26am
Quoting prozor7
{quote} who is fishing today ?
Bad luck today, price didn't move more than 110 pips and still I feel like small fish manage to pull me with couple of times.

Note:
If H4 opens above 2032.07, bearish mode could be invalid. I will see.
Always expect unexpected.
  • #1,165
  • Aug 10, 2020 6:34am Aug 10, 2020 6:34am
Quoting Skoljkica
{quote}......I feel like small fish manage to pull me with couple of times. Note: If H4 opens above 2032.07, bearish mode could be invalid. I will see.
small fish lol

Open D1 chart and pay attention to 2024 50% as long price is above this level Bulls are in control.

IMHO this is just pullback correction in Bull market for better position to retest 2079 and from there it will be interesting, probably up
Forex can only be understood backwards, but it must be traded forwards.
  • #1,166
  • Aug 10, 2020 6:54am Aug 10, 2020 6:54am
Quoting prozor7
{quote} small fish lol Open D1 chart and pay attention to 2024 50% as long price is above this level Bulls are in control. IMHO this is just pullback correction in Bull market for better position to retest 2079 and from there it will be interesting, probably up
I think you are very correct and we can see how the price is speedily heading upward now....
  • #1,167
  • Aug 10, 2020 6:55am Aug 10, 2020 6:55am
Quoting prozor7
GBPCAD pay attention to 1.74743 if hold buy TP 1.77291
GBPCAD
fighting for 1.74743
Forex can only be understood backwards, but it must be traded forwards.
  • #1,168
  • Aug 10, 2020 6:57am Aug 10, 2020 6:57am
Quoting penuelophir
{quote} I think you are very correct and we can see how the price is speedily heading upward now....
hi penuelophir,

welcome
Forex can only be understood backwards, but it must be traded forwards.
  • #1,169
  • Aug 10, 2020 7:08am Aug 10, 2020 7:08am
Quoting prozor7
{quote} small fish lol Open D1 chart and pay attention to 2024 50% as long price is above this level Bulls are in control. IMHO this is just pullback correction in Bull market for better position to retest 2079 and from there it will be interesting, probably up
I see it and agree with you, 2079 could be retested, so this is what I see now:
2050.43 on the way. It could act as a resistance and fall down to 2035.96/2032.07 as a new buy opportunity up to 2068.79-2079.55 again
Always expect unexpected.
  • #1,170
  • Aug 10, 2020 7:23am Aug 10, 2020 7:23am
Quoting Skoljkica
{quote} I see it and agree with you, 2079 could be retested, so this is what I see now: 2050.43 on the way. It could act as a resistance and fall down to 2035.96/2032.07 as a new buy opportunity up to 2068.79-2079.55 again
its Monday my friend i think all today's moves wont be major ones ,maybe in Asian session this changes but for now i think 2050 will be resistance and price wont go below 2022
  • #1,171
  • Aug 10, 2020 8:20am Aug 10, 2020 8:20am
Quoting prozor7
USDCAD watching 1.33646 as support for buy breaking 1.33939 as confirmation SL 1.33502
USDCAD
fishing buy @ 1.33502

PS
pay attention to 1.33646 as resistance
Forex can only be understood backwards, but it must be traded forwards.
  • #1,172
  • Edited 8:37am Aug 10, 2020 8:26am | Edited 8:37am
EURGBP
fishing pending buy @ 0.89956
SL 0.89800

EDIT
order ready but price is not - potential down to 0.89550 - 0.89480
Forex can only be understood backwards, but it must be traded forwards.
  • #1,173
  • Aug 10, 2020 9:09am Aug 10, 2020 9:09am
Quoting prozor7
EURGBP fishing pending buy @ 0.89956 SL 0.89800 EDIT order ready but price is not - potential down to 0.89550 - 0.89480
I was already in, hope it doesn't fall to 550".my Sl is at 600
  • #1,174
  • Aug 10, 2020 9:16am Aug 10, 2020 9:16am
Quoting Iscarter
{quote} I was already in, hope it doesn't fall to 550".my Sl is at 600
there is a chance on H1 0.89689 - 0.89618 than D1 0.89550
Forex can only be understood backwards, but it must be traded forwards.
  • #1,175
  • Aug 10, 2020 9:26am Aug 10, 2020 9:26am
EURCAD
risky fishing buy @ 1.56863
SL 1.56696
Forex can only be understood backwards, but it must be traded forwards.
  • #1,176
  • Aug 10, 2020 12:45pm Aug 10, 2020 12:45pm
Quoting prozor7
GOLD if find support @ 2032 up to 2042 - 2050 if not down to 2024 where decision is to make more down to 2000 - 1998 or up to 2079 see you in the morning
GOLD
update
nice range play 2024 - 2050 - 2024

pay attention to 2024 decision line
if hold buy TP 2079
if can't hold TP 1998

keep it simple
see you in morning
Forex can only be understood backwards, but it must be traded forwards.
  • #1,177
  • Aug 10, 2020 1:10pm Aug 10, 2020 1:10pm
Quoting prozor7
{quote} GOLD update nice range play 2024 - 2050 - 2024 pay attention to 2024 decision line if hold buy TP 2079 if can't hold TP 1998 keep it simple see you in morning
good night prozor
ill add one more thing protect you trades assian session will slam hard and new high might be reached if it breaks 2050 and the inverse is true if it breaks 2021 expect 1950
  • #1,178
  • Aug 10, 2020 11:05pm Aug 10, 2020 11:05pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #1,179
  • Aug 10, 2020 11:08pm Aug 10, 2020 11:08pm
Good morning sir, gold is dropping
  • #1,180
  • Aug 10, 2020 11:12pm Aug 10, 2020 11:12pm
Quoting prozor7
{quote} GOLD update nice range play 2024 - 2050 - 2024 pay attention to 2024 decision line if hold buy TP 2079 if can't hold TP 1998 keep it simple see you in morning
This was great, took my profit, waiting for a good pullback to 2015 area for another entry. Thanks
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