Pro7 PA trading analysis 28+GOLD | Page 60 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading with Price Action - Daily Trading Analysis 146 replies

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

TT Ichimoku Cloud Trading Analysis with Trading Calls 23 replies

Trading Gold - Anybody up for analysis here? 14 replies

Attachments: Pro7 PA trading analysis 28+GOLD
Exit Attachments

Pro7 PA trading analysis 28+GOLD

  • #1,181
  • Aug 11, 2020 1:26am Aug 11, 2020 1:26am
May be it hits 1992!
  • #1,182
  • Aug 11, 2020 4:32am Aug 11, 2020 4:32am
GOLD
I would like to see pullback from 1998 to 2012

PS pay attention to 1999 as H4 resistance
Forex can only be understood backwards, but it must be traded forwards.
  • #1,183
  • Aug 11, 2020 4:45am Aug 11, 2020 4:45am
I have still eyes on 1976-74 (D1 CHART IDEA)
  • #1,184
  • Aug 11, 2020 5:00am Aug 11, 2020 5:00am
Quoting Itxtaha
I have still eyes on 1976-74 (D1 CHART IDEA)
give PA more room down to 1964 MN chart as support for this flash crash
Forex can only be understood backwards, but it must be traded forwards.
  • #1,185
  • Aug 11, 2020 5:25am Aug 11, 2020 5:25am
JPY
fulfill my expectations it took day longer

congrats to all who sell JPY
Forex can only be understood backwards, but it must be traded forwards.
  • #1,186
  • Aug 11, 2020 6:01am Aug 11, 2020 6:01am
EURNZD
pay attention to 1.78411 - 1.78320 as H4 - H1 support/resistance level
PA should stay in range 1.79035 - 1.78411 until a important news are publish in 15H

buy above if break 1.79035 TP 1.81694 - 1.82516
sell below if break 1.78411 TP 1.76376 - 1.75555
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,187
  • Aug 11, 2020 6:12am Aug 11, 2020 6:12am
wow i messed up hard in gold,instead of fishing got fished hahaha
  • #1,188
  • Aug 11, 2020 6:34am Aug 11, 2020 6:34am
May GOLD buy from 1970-74
  • #1,189
  • Aug 11, 2020 6:39am Aug 11, 2020 6:39am
Gold
I'm expecting pullback up to 1999.26, possible 2012.54/2015.67 as a new sell opportunity.
TP 1964.69/1962.54
Always expect unexpected.
  • #1,190
  • Aug 11, 2020 6:40am Aug 11, 2020 6:40am
nothing making sense for gold move today DXY last 5 hours down trend euro moving up all indicate weak USD yet gold drop down, what i think happening is banks manipulating price down to knock buyers out and buy low
so i expect a strong pull upward followed by down pull lower than whatever low we get today then an uptrend
prozor7 whats your thoughts on today gold moves
  • #1,191
  • Aug 11, 2020 6:43am Aug 11, 2020 6:43am
Quoting yasserMk
nothing making sense for gold move today DXY last 5 hours down trend euro moving up all indicate weak USD yet gold drop down, what i think happening is banks manipulating price down to knock buyers out and buy low so i expect a strong pull upward followed by down pull lower than whatever low we get today then an uptrend prozor7 whats your thoughts on today gold moves
My view is also the same.
  • #1,192
  • Aug 11, 2020 6:48am Aug 11, 2020 6:48am
Quoting yasserMk
wow i messed up hard in gold,instead of fishing got fished hahaha
lol
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,193
  • Aug 11, 2020 7:00am Aug 11, 2020 7:00am
Quoting Skoljkica
Gold I'm expecting pullback up to 1999.26, possible 2012.54/2015.67 as a new sell opportunity. TP 1964.69/1962.54
My buy entry is At 64 hoping to Reach 2015, or find and entry around 70_74. Anyway, what's down with this drop skol, thoughts?
  • #1,194
  • Aug 11, 2020 7:02am Aug 11, 2020 7:02am
Quoting prozor7
EURNZD pay attention to 1.78411 - 1.78320 as H4 - H1 support/resistance level PA should stay in range 1.79035 - 1.78411 until a important news are publish in 15H buy above if break 1.79035 TP 1.81694 - 1.82516 sell below if break 1.78411 TP 1.76376 - 1.75555 {image}
Am in, going down with it
  • #1,195
  • Aug 11, 2020 7:18am Aug 11, 2020 7:18am
Quoting yasserMk
nothing making sense for gold move today DXY last 5 hours down trend euro moving up all indicate weak USD yet gold drop down, what i think happening is banks manipulating price down to knock buyers out and buy low so i expect a strong pull upward followed by down pull lower than whatever low we get today then an uptrend prozor7 whats your thoughts on today gold moves
Quoting prozor7
GOLD 2073 - knock on the door on MN chart pay attention to 2079 resistance line where is possible pullback to 1964 breaking this line PA open door for 2265 I will play following scenario: SELL TP 1982 - 1964 SL 2084 as top for this move
there is nothing unexpected in GOLD behavior this are just calculations

since PA arrived to predicted destinations 1982 - 1964 I'm stop selling NOT buying either.

there is a 50% chance that PA could go down to 1871 (that would be beautiful) so I'm staying aside and watching how they will play since a lot of traders are buying from 2012 1998....
Forex can only be understood backwards, but it must be traded forwards.
  • #1,196
  • Aug 11, 2020 7:22am Aug 11, 2020 7:22am
Quoting Iscarter
{quote} My buy entry is At 64 hoping to Reach 2015, or find and entry around 70_74. Anyway, what's down with this drop skol, thoughts?
If we look an empty chart we will see that price came back to last week low, entry point for buy. But I don't think that bears are done, that is the reason I'm expecting pullback up to 1999.26/2015.67. So we can proceed selling it.
Fibo lines are showing me there is more space for gold drop, down to 1962.54/1946.14 looking at H4 chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 27 KB
Always expect unexpected.
  • #1,197
  • Aug 11, 2020 7:41am Aug 11, 2020 7:41am
Quoting Skoljkica
{quote} If we look an empty chart we will see that price came back to last week low, entry point for buy. But I don't think that bears are done, that is the reason I'm expecting pullback up to 1999.26/2015.67. So we can proceed selling it. Fibo lines are showing me there is more space for gold drop, down to 1962.54/1946.14 looking at H4 chart. {image}
Yes I see it has some steam left. Thank you.
  • #1,198
  • Aug 11, 2020 8:21am Aug 11, 2020 8:21am
GOLD
you have been warned, "Flash Crash" look @ bigger picture

EDIT
expecting pullback from 1936 up to 1975 down to 1964 where we should see calmer GOLD
Forex can only be understood backwards, but it must be traded forwards.
  • #1,199
  • Edited 10:12am Aug 11, 2020 9:53am | Edited 10:12am
Quoting prozor7
EURNZD pay attention to 1.78411 - 1.78320 as H4 - H1 support/resistance level PA should stay in range 1.79035 - 1.78411 until a important news are publish in 15H buy above if break 1.79035 TP 1.81694 - 1.82516 sell below if break 1.78411 TP 1.76376 - 1.75555 {image}
EURNZD
beauty of the pattern
Attached Image
EDIT
hmm, why not take this 60 pips
fishing buy @1.78411 TP 1.79000
SL 1.78320
Forex can only be understood backwards, but it must be traded forwards.
  • #1,200
  • Aug 11, 2020 11:38am Aug 11, 2020 11:38am
closing day with EURNZD nice
Attached Image
that is all from me
see you in the morning
Forex can only be understood backwards, but it must be traded forwards.
3 traders viewing now