Pro7 PA trading analysis 28+GOLD | Page 69 | Forex Factory

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Pro7 PA trading analysis 28+GOLD

  • #1,361
  • Sep 7, 2020 11:43am Sep 7, 2020 11:43am
EURCAD
fishing pending buy @ 1.54775 TP 1.56663
SL 1.54621
pay attention to 1.54661 - 1.54621 H1 - H4 support next support lines are @ 1.54492 - 1.54406 - 1.54228 - 1.54179 - 1.54002
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,362
  • Sep 7, 2020 12:08pm Sep 7, 2020 12:08pm
NZDCHF
indicate sell mode
H4 PA can't break 0.61395, not sure what to tell about this except stay aside.

explanations
D1 entering sell mode but PA is above (bounce from) D1 0.60907 without significant force up. but to many support lines on the way down to 0.60907 (0.61179 - 0.61071 - 0.61004 - 0.60907)

buy above 0.61395 with tight SL or on support lines with tight SL
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,363
  • Sep 7, 2020 11:18pm Sep 7, 2020 11:18pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #1,364
  • Sep 8, 2020 1:45am Sep 8, 2020 1:45am
Good day to all.
I'm expecting price to reach 1919.62 as a first support line, but I think it won't hold it.
So I expect down to 1904.55/1902.77 where price could find support.
From there up to 1941.15/1950.47 where we have cluster support of 5 fibo lines. If that is broken, I expect 1965.26/1973.08 to be reached.
Always expect unexpected.
  • #1,365
  • Sep 8, 2020 4:50am Sep 8, 2020 4:50am
Quoting prozor7
let start week with GOLD still no forces to break 1941 - 1943 (I'm bullish above) in my calculations logical move should be down to 1911 - 1902 where we have nice cluster support breaking 1902 more down to 1892 - 1890 pay attention to H1 (currently bearish) 1931 - 1936 as support
GOLD
close short @ 1911 - staying aside

pay attention to 1904 - 1902 if hold H4 should change to buy
Forex can only be understood backwards, but it must be traded forwards.
  • #1,366
  • Sep 8, 2020 5:42am Sep 8, 2020 5:42am
NZDJPY
watching 70.604 - 70.170 as support for long TP 72.390
Forex can only be understood backwards, but it must be traded forwards.
  • #1,367
  • Sep 8, 2020 5:59am Sep 8, 2020 5:59am
Quoting prozor7
{quote} GBPNZD TP 1.96229 reach fishing buy @ 1.96344 SL 1.96220
GBPNZD
new pending fishing line @ 1.96344 let see will this one bring dinner on the table?
targets are the same
Forex can only be understood backwards, but it must be traded forwards.
  • #1,368
  • Sep 8, 2020 8:18am Sep 8, 2020 8:18am
NZDCHF
fishing pending buy @ 0.60907 TP 0.61745
SL 0.60800

EDIT
breaking 0.61004 H4 should confirm buy
Forex can only be understood backwards, but it must be traded forwards.
  • #1,369
  • Sep 8, 2020 8:22am Sep 8, 2020 8:22am
USDCHF
scalp fishing sell @ 0.91713 TP 0.91521
SL 0.91800
Forex can only be understood backwards, but it must be traded forwards.
  • #1,370
  • Sep 8, 2020 8:27am Sep 8, 2020 8:27am
NZDUSD
fishing buy @ 0.66390 TP 0.66826
SL 0.66200

PS
price above 0.66545 D1 I'm bullish
Forex can only be understood backwards, but it must be traded forwards.
  • #1,371
  • Sep 8, 2020 8:32am Sep 8, 2020 8:32am
Quoting prozor7
AUDNZD fishing buy @ 1.08332 TP 1.08923 SL 1.08200 if 1.08332 hold PA enter buy mode possible down to 1.08054 breaking 1.08506 should confirm buy
AUDNZD
pay attention to 1.08983 - 1.08953 as pullback support for buy TP 1.09316 - 1.09385
Forex can only be understood backwards, but it must be traded forwards.
  • #1,372
  • Sep 8, 2020 8:39am Sep 8, 2020 8:39am
EURNZD
close buy @ 1.77800 staying aside

PS
I would like to see pullback to 1.77150
Forex can only be understood backwards, but it must be traded forwards.
  • #1,373
  • Sep 8, 2020 9:07am Sep 8, 2020 9:07am
GBPCHF
watching 1.19373 - 1.19293 as support for potential long TP open ???? 1.21367 and up ??? not sure jet
SL 1.19059

PS
if 1.19373 D1 can't hold than more down to 1.17379
Forex can only be understood backwards, but it must be traded forwards.
  • #1,374
  • Sep 8, 2020 9:08am Sep 8, 2020 9:08am
Quoting prozor7
USDJPY PA doesn't have strength to break 106.385 pay attention to 106.220 breaking should lead more down to 105.900 - 105.847
USDJPY
close short @ 105.900 staying aside
Forex can only be understood backwards, but it must be traded forwards.
  • #1,375
  • Sep 8, 2020 9:35am Sep 8, 2020 9:35am
Quoting prozor7
{quote} GOLD close short @ 1911 - staying aside pay attention to 1904 - 1902 if hold H4 should change to buy
GOLD
4th attempt to 1.941 - 1943 - potential spike to 1950.47 H1 resistance

pay attention to 1926 H1 support PA should not break this to stay in buy mode
Forex can only be understood backwards, but it must be traded forwards.
  • #1,376
  • Sep 8, 2020 9:50am Sep 8, 2020 9:50am
GBPUSD
pay attention to 1.30331 D1 support buy above TP 1.31221 breaking 1.30515 should confirm buy
Forex can only be understood backwards, but it must be traded forwards.
  • #1,377
  • Sep 8, 2020 10:12am Sep 8, 2020 10:12am
JPY
loosing buying momentum closing all ***/JPY sell positions
enter buy tight SL:
AUDJPY @ 76.612
NZDJPY @ 70.344
CHFJPY @ 115.565

pending buy tight SL:
GBPJPY @ 138.200
EURJPY @ 125.161
Forex can only be understood backwards, but it must be traded forwards.
  • #1,378
  • Sep 8, 2020 10:25am Sep 8, 2020 10:25am
GBP
is dead cow, not bull
pending orders stays
Forex can only be understood backwards, but it must be traded forwards.
  • #1,379
  • Sep 8, 2020 12:29pm Sep 8, 2020 12:29pm
AUDUSD
watching 0.72046 as potential buy TP 0.73343
Forex can only be understood backwards, but it must be traded forwards.
  • #1,380
  • Sep 8, 2020 11:58pm Sep 8, 2020 11:58pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
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