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Pro7 PA trading analysis 28+GOLD

  • #1,421
  • Sep 14, 2020 8:13am Sep 14, 2020 8:13am
NZDJPY
fishing buy @ 70.850
Forex can only be understood backwards, but it must be traded forwards.
  • #1,422
  • Sep 14, 2020 8:15am Sep 14, 2020 8:15am
AUDCAD
0.96150 did we accumulate enough buy to break this line
Forex can only be understood backwards, but it must be traded forwards.
  • #1,423
  • Sep 14, 2020 8:17am Sep 14, 2020 8:17am
EUR
Attached Image (click to enlarge)
Click to Enlarge Name: eur.png Size: 194 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #1,424
  • Sep 14, 2020 8:29am Sep 14, 2020 8:29am
NZDCAD
sell mode
breaking 0.88461 PA should change there mode to buy TP 0.89225
Forex can only be understood backwards, but it must be traded forwards.
  • #1,425
  • Sep 14, 2020 9:02am Sep 14, 2020 9:02am
Quoting prozor7
NZDCAD sell mode breaking 0.88461 PA should change there mode to buy TP 0.89225
Hi prozor, for breaking of a certain support/resistance zone, what TF do you normally look at as confirmation?
  • #1,426
  • Sep 14, 2020 10:18am Sep 14, 2020 10:18am
Quoting ckyon1
{quote} Hi prozor, for breaking of a certain support/resistance zone, what TF do you normally look at as confirmation?
hi ckyon,
welcome

I'm using D1 as Time Frame for support/resistance

for confirmations from H4 down to M15 that depends where PA is @ that moment and also Symbol momentum comparing with others in real time

in this post for EURUSD I was looking @ MN chart where I put a link to previous post to see how important some levels are

ask if not clear
Forex can only be understood backwards, but it must be traded forwards.
  • #1,427
  • Sep 14, 2020 10:21am Sep 14, 2020 10:21am
USDCAD
buy mode
PA need closing above 1.31974 otherwise down to 1.30951
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,428
  • Sep 14, 2020 11:04pm Sep 14, 2020 11:04pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #1,429
  • Sep 14, 2020 11:41pm Sep 14, 2020 11:41pm
AUDUSD
PA change to buy mode
I would like to see pullback to 0.73124 than up to 0.73743 - 74.639
Forex can only be understood backwards, but it must be traded forwards.
  • #1,430
  • Sep 14, 2020 11:42pm Sep 14, 2020 11:42pm
USDCAD
PA change to sell mode
see this post
Forex can only be understood backwards, but it must be traded forwards.
  • #1,431
  • Sep 15, 2020 12:08am Sep 15, 2020 12:08am
NZDCHF
sell mode
if PA find support @ 0.60907 D1 than mode should change to buy - breaking 0.60938 should confirm buy
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,432
  • Sep 15, 2020 12:23am Sep 15, 2020 12:23am
Quoting prozor7
AUDUSD PA change to buy mode I would like to see pullback to 0.73124 than up to 0.73743 - 74.639
It is still a sell in my opinion.

The value area is at 0.7262 just one pip below that level and a lot of sell trades will be triggered.
  • #1,433
  • Sep 15, 2020 12:34am Sep 15, 2020 12:34am
USDCAD
fishing pending sell @ 1.31517 TP 1.30905

PS
pay attention to 1.31279 as support
Forex can only be understood backwards, but it must be traded forwards.
  • #1,434
  • Edited 1:38am Sep 15, 2020 1:26am | Edited 1:38am
NZD
pay attention where are NZD on D1 level
NZD is in sell mode to all symbol except GBPNZD but that should change when break:

NZDCAD @ 0.88461
NZDCHF @ 0.60907
NZDJPY broke @ 70.577
NZDUSD @ 0.67346
EURNZD @ 1.76807
GBPNZD @ 1.92072

AUDNZD wrote here
Attached Image (click to enlarge)
Click to Enlarge Name: NZD.png Size: 188 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #1,435
  • Sep 15, 2020 1:50am Sep 15, 2020 1:50am
Quoting pipcenturion
{quote} It is still a sell in my opinion. The value area is at 0.7262 just one pip below that level and a lot of sell trades will be triggered.
hi pipcenturion,
welcome

great analysis, I would like to hear more for some other symbols
Forex can only be understood backwards, but it must be traded forwards.
  • #1,436
  • Sep 15, 2020 2:29am Sep 15, 2020 2:29am
Quoting prozor7
AUDUSD PA change to buy mode I would like to see pullback to 0.73124 than up to 0.73743 - 74.639
AUDUSD
the beauty of the pattern.

pay attention to 0.73276 resistance/support
looking for following scenario:
up to 0.73424 than pullback to 0.73276 than up to 0.73743
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,437
  • Sep 15, 2020 3:03am Sep 15, 2020 3:03am
Quoting prozor7
{quote} EURUSD fight for 1.18773 {image}
EURUSD
fighting for MN 1.18773
it is like watching tennis "Advantage Bulls"
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,438
  • Sep 15, 2020 3:07am Sep 15, 2020 3:07am
Good Day Prozor7.. how about gold? 1956-1959 aft as suppport right?..thanks
  • #1,439
  • Edited 3:46am Sep 15, 2020 3:23am | Edited 3:46am
Quoting sblaz
Good Day Prozor7.. how about gold? 1956-1959 aft as suppport right?..thanks
hi sblaz,

yes, great catch it was 1956 - 1961

pay attention to H1 1966.17

EDIT
deleted DXY chart just realize that it doesn't update anymore
Forex can only be understood backwards, but it must be traded forwards.
  • #1,440
  • Sep 15, 2020 4:06am Sep 15, 2020 4:06am
Quoting prozor7
{quote} hi sblaz, yes, great catch it was 1956 - 1961 pay attention to H1 1966.17 EDIT deleted DXY chart just realize that it doesn't update anymore
Thank you so much
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