Pro7 PA trading analysis 28+GOLD

Hi Prozor. I am watching Gbpcad for a possible move to the downside. What do you think?

Prozor how long have you been trading for and how long have you been this process of selection.?

The Gbp crosses are all following the same pattern, as Prozor has taught us. Prozor Just like you I follow reason and logic otherwise it’s pure gambling. You have taught me so much. Thank you

start trading in beginning 2007 in US market with "Think or Swim" trading Options until end of 2010 when US GOV. change rule ....
I was lucky to have a great teacher (mentor) and I'm trying to pass my knowledge to anyone who is willing to put there ego aside and learn.
full time trader from beginning of 2018.
I can say that I have seen all in the market and in life general.

GBP I will skip until gap is closed, hoping this will happened in next few days. I expect 1.75500 - 1.75200, then I will see.
CAD is weak now IMHO it is to risky to buy CAD (GBPCAD sell order)
pay attention to 1.70788 where PA in my calculations should return down to 1.75500....

EDIT
wrong numbers entered it should write:
1.70788 down to 1.68700 - 1.68300

Thank you. I am where I am in terms of my trading because of you and of course my love for the process and hard work. I never give up, no matter what.

For me it’s more important to enjoy the journey and understand the process than the money side. The money is the off shoot of doing something well. I have never been driven by the ego and have never needed to impress anyone. Everyone is there own best friend or worst enemy.

Gold is a possible buy tp 1.60

Sorry tp 1860

I just came out of Gold (long) m waiting for a possible pull back and another possible long entry.

Hi Fourowls. I normally don’t trade gold, following out of interest. I follow Prozors approach, so I trade long term.

Fair enough...Gold is volatile but doing better with trading overall now I use the H4/Daily/weekly. I admit I still struggle holding trades longer than 1/2 day but I also admit life is getting easier the more I use the longer TF for confirmation, direction and signals....but with gold I use the Daily and H4 but should still hang around longer as I first entered yesterday at 1825.15...would have been my week's 'quota'...so I agree, starting to favour the longer term with thanks to you and Prozor! I don't need more stress in life...I need less

Prozors approach to trading is the most logical and reliable and consistent that I have followed. Long term trading cuts out the stress and is more profitable. Stick on this site and you will go places, there are not many better traders.

good morning to all

Morning Prozor! Welcome to the 'fish markets'...actually I love that expression...I use it to describe trading to my family....makes it sound more pleasant than it is some times...

Thankyou! I have had years of on and off stress...so many times I have traded in and out 20+ times when one trade left to run would have been soo much easier and profitable! I have ability and attitude, just need to refine my TF and style to the longer term. For you, how long do you hold a trade?

Close the gold trade, there is overhead resistance on a few time frames.

Morning Prozor. How has your day been?

GOLD
for me PA is in consolidation from Dec. 03 without clear picture where PA is going and it will probably stay there until the end of the year.

this week and trading for this year is over - holiday season.

if you like to trade GOLD I recommenced that trade should be FIFO (Fast In Fast Out).

pay attention to H1 1844.42 because PA is loosing buy momentum and this line is support, breaking PA should go down to 1838 - 1836

sadly cash.
few scalp yesterday, no trade today.
tempted to buy NZDUSD @ 0.70718 but PA is in consolidation - two weakest currency for now.

NZD is on my radar for buy but still no signal

GBPNZD
D1 sell
H4 buy - indicating sell mode possible push up to 1.88699 1.89047

fishing sell @ 1.88399 TP closing the gap