Pro7 PA trading analysis 28+GOLD | Page 70 | Forex Factory

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Pro7 PA trading analysis 28+GOLD

  • #1,381
  • Sep 9, 2020 12:07am Sep 9, 2020 12:07am
Quoting prozor7
{quote} 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
GOLD
pay attention to 1921 H1 support (1926 yesterday) breaking this line PA should go down to 1904 - 1898

I'm bullish above 1941 - 1943
Forex can only be understood backwards, but it must be traded forwards.
  • #1,382
  • Sep 9, 2020 12:12am Sep 9, 2020 12:12am
Good morning to all.
GOLD
My plan for today is pretty much the same as yesterday's since price didn't move much.
I don't see buy opportunity unless price finds support at 1946.15/1946.35, but I expect it to fall down to 1904.55 first, more likely 1892.90 where I will consider buy option.
My first target will be 1946.15, if that acts as a support, then next target I expect to be 1965.26/1973.08
Always expect unexpected.
  • #1,383
  • Sep 9, 2020 12:50am Sep 9, 2020 12:50am
EURAUD
miss this sell entry @ 1.63537 D1 resistance
let see how PA will play around 1.62719 H4 - H1 support

hoping for pullback up to 1.63194 than down to 1.60856
Forex can only be understood backwards, but it must be traded forwards.
  • #1,384
  • Sep 9, 2020 1:05am Sep 9, 2020 1:05am
EURCHF
indicate sell mode breaking 1.08035 should confirm that TP 1.07557 breaking this D1 support line more down to 1.06768
Forex can only be understood backwards, but it must be traded forwards.
  • #1,385
  • Sep 9, 2020 5:15am Sep 9, 2020 5:15am
Quoting prozor7
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
JPY
sell begin, let see how long it will last

PS
EURJPY pending buy @ 125.161 - will play this scenario: PA hit 125.161 pullback to 124.815 than up
GBPJPY cancel buy
Forex can only be understood backwards, but it must be traded forwards.
  • #1,386
  • Sep 9, 2020 5:29am Sep 9, 2020 5:29am
AUD
receive nice buy momentum hope you jump buy in to:
AUDCAD
AUDCHF
AUDJPY
AUDUSD
protect orders

NZD
receive nice buy momentum hope you jump buy in to:
NZDCAD
NZDCHF
NZDJPY
NZDUSD
protect orders

PS
having open order buy AUDNZD doesn't have any purpose except loosing money.
in situations when both symbols are going in same direction that usually mean consolidation
Forex can only be understood backwards, but it must be traded forwards.
  • #1,387
  • Sep 9, 2020 7:36am Sep 9, 2020 7:36am
Quoting Skoljkica
Good morning to all. GOLD My plan for today is pretty much the same as yesterday's since price didn't move much. I don't see buy opportunity unless price finds support at 1946.15/1946.35, but I expect it to fall down to 1904.55 first, more likely 1892.90 where I will consider buy option. My first target will be 1946.15, if that acts as a support, then next target I expect to be 1965.26/1973.08
Price has broken 1946.35 and it looks like 1941.15 could act as a support, so I'm targeting 1984.82.
Let's see will it hold 1946.35
Always expect unexpected.
  • #1,388
  • Sep 9, 2020 8:04am Sep 9, 2020 8:04am
EURNZD
fishing pending buy @ 1.77150 TP 1.79083 - 1.79404 breaking 1.77338 should confirm buy

SL mmmmm , 1.76617 possible spike or place order @ 1.77338 with SL 1.77150
Forex can only be understood backwards, but it must be traded forwards.
  • #1,389
  • Sep 9, 2020 8:40am Sep 9, 2020 8:40am
Quoting prozor7
CHFJPY watching 116.037 - 115.981 as support for potential long TP 116.502 - 116.623 SL 115.900
CHFJPY
close 1/2 long @ 116.428 for the rest TP 116.910
if PA pullback 116.245 should be nice place to go to reload long
Forex can only be understood backwards, but it must be traded forwards.
  • #1,390
  • Sep 9, 2020 11:54pm Sep 9, 2020 11:54pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #1,391
  • Sep 10, 2020 3:24am Sep 10, 2020 3:24am
Good day to all.
Gold
Price has broken 1946.15 and H4 candle opened above it. Maybe price will retest 1946.15 to confirm it as a support or even 1941.15 which would be nice.
First target is at 1965.26/1973.08
Always expect unexpected.
  • #1,392
  • Sep 11, 2020 12:03am Sep 11, 2020 12:03am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #1,393
  • Sep 11, 2020 12:19am Sep 11, 2020 12:19am
I'm tired, I will not trade today, taking a day off.

have a nice weekend, see you on Monday
Forex can only be understood backwards, but it must be traded forwards.
  • #1,394
  • Sep 11, 2020 12:39am Sep 11, 2020 12:39am
Good Weekend Prozor! enjoy time off
  • #1,395
  • Sep 11, 2020 12:54am Sep 11, 2020 12:54am
Quoting LuckyPunk
Good Weekend Prozor! enjoy time off
thx Lucky
Forex can only be understood backwards, but it must be traded forwards.
  • #1,396
  • Sep 11, 2020 1:20am Sep 11, 2020 1:20am
pay attention to following symbols that change D1 mode from sell to buy:
AUDCAD - buy
CHFJPY - buy
EURJPY - buy
EURUSD - buy

pay attention to following symbols that change D1 mode from buy to sell:
USDCHF - sell
USDJPY - sell - I staying aside for now untill clear direction up if pass 106.388 - down if pass 105.904

if you take closer look:
you will noticed that JPY loosing against 3 symbols (CHF, EUR & USD)
you will noticed that USD loosing against 3 symbols (EUR. CHF & JPY)

conclusion: trading USDJPY should be risky because both pair are going in same direction, so I expect consolidation between 106.388 - 105.904
Forex can only be understood backwards, but it must be traded forwards.
  • #1,397
  • Sep 11, 2020 4:01am Sep 11, 2020 4:01am
Quoting prozor7
{quote} GOLD pay attention to 1921 H1 support (1926 yesterday) breaking this line PA should go down to 1904 - 1898 I'm bullish above 1941 - 1943
GOLD
PA bounced from 1921 yesterday and went up to 1941 - 1943 where is now.
expecting for PA to break 1941 down to 1931 - 1927 than decision more down to unfinished cycle 1902 or up.

in case PA break up 1946 we should go up to 1973 - 1981 - 1984

most of the symbols have mixed signals, so without clear picture I will stay aside
Forex can only be understood backwards, but it must be traded forwards.
  • #1,398
  • Sep 11, 2020 4:27am Sep 11, 2020 4:27am
Gold
Price is above 1946.35, week support line. Above it I'm buying.
My buy order is at 1947.50 waiting to be activated.
First resistance at 1962.17, but I'm targeting 1973.08
Not sure how long it will take for it to be realized since last 14 days Gold is in consolidation.
Always expect unexpected.
  • #1,399
  • Sep 11, 2020 6:27am Sep 11, 2020 6:27am
EURUSD
indicate buy mode:
pay attention to 1.8454 - 1.18375 as support PA should not break this line to stay in buy mode

PS
there is a MN resistance @ 1.18773 as long as price is below I'm bearish - above bullish
Forex can only be understood backwards, but it must be traded forwards.
  • #1,400
  • Sep 11, 2020 6:36am Sep 11, 2020 6:36am
GBPUSD
watching 1.27500 as D1 - MN support as potential buy TP 1.28546 - 1.29177 - breaking 1.28546 should confirm buy

breaking 1.27500 down PA should go to 1.26502 - 1.25338
Forex can only be understood backwards, but it must be traded forwards.
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