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Pro7 PA trading analysis 28+GOLD

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  • Post #2,741
  • Quote
  • Dec 23, 2020 9:50am Dec 23, 2020 9:50am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
Quoting stevostical
Disliked
Hi Prozor, I am really happy I stumble on this thread and it came at the point I was about quitting trade a month ago due to so many losses. I have gained a lot from your post and still learning a lot from you. I always look forward to whatever you post. Do you have any video that clearly explains PA and the best time to enter a trade from the higher timeframes to lower time frames.
Ignored
touched, so happy for you
you gave me a great gift

sorry no video, you have live feed every day on Forex market.
pick a TF that most suit to you and look for pattern, forget everything else. one of these days you will see the light in the tunnel, hope it will not be a train
Inserted Video
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,742
  • Quote
  • Dec 23, 2020 9:57am Dec 23, 2020 9:57am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
Quoting ZTrader123
Disliked
{quote} How can you say smaller time frames are less reliable? Probabilities work in the same way on all timeframes, you have areas where the market is more likely to reverse or continue, you can do this on all time frames it’s just personal choice and lifestyle imo
Ignored
higher time frames act as filters of market noise.
by “higher TF”, referring to the 4 hour time and above, any chart less than a 4 hour chart is considered a “lower TF”.

probability exist on all TF
on lower TF trading should be faster
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,743
  • Quote
  • Dec 24, 2020 3:44am Dec 24, 2020 3:44am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Morning Prozor. How are you today. Playing the markets at the moment on a demo account. All positions positive, however no money involved.
 
 
  • Post #2,744
  • Quote
  • Dec 24, 2020 3:57am Dec 24, 2020 3:57am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Your Blues Brothers video takes me back in time. A all time classic. I had a good laugh about your reply about see the light in a tunnel, rather than a train. Everyone one wants the lotto ticket without buying the lotto. No effort equals no reward in life unless you inherit, which is spent quickly.
 
1
  • Post #2,745
  • Quote
  • Dec 24, 2020 7:08am Dec 24, 2020 7:08am
  •  BJunior
  • | Joined Oct 2016 | Status: Member | 82 Posts
I spent to wish you a Merry Christmas everyone! Thanks for everything! God bless you all!
 
1
  • Post #2,746
  • Quote
  • Dec 24, 2020 8:17am Dec 24, 2020 8:17am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
What are two important lessons that each trader on this site have learn this year from trading. How can one better ones trading in the new year?
It would be interesting to hear each persons personal lessons and perspectives.
Enjoy your Christmas, stay safe and a big thank you to the founder of the site Prozor.
 
1
  • Post #2,747
  • Quote
  • Dec 24, 2020 9:27am Dec 24, 2020 9:27am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
to all
have a nice holidays

see you on Monday
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,748
  • Quote
  • Dec 24, 2020 11:06am Dec 24, 2020 11:06am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Brexit deal done, interesting now to follow the reactions of the pound and euro.
 
 
  • Post #2,749
  • Quote
  • Dec 27, 2020 2:41pm Dec 27, 2020 2:41pm
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
2020 soon coming to an end, however the theme for next year stays the same with the Covid pandemic. I have never seen Cape Town so quite. No tourists and so many businesses struggling. Next year I believe there will be as Rothschild phrases it ‘blood on the streets’. So stay safe, don’t waste and look after ones health and family. This pandemic has turned everything on its head, and has really played with people’s mental health.
The rainbow thought is that this to will pass.
I read through this site over the weekend from page 1, and this week I am planning to implement all that I have learnt and become a better and wiser trader.
 
1
  • Post #2,750
  • Quote
  • Dec 28, 2020 1:30am Dec 28, 2020 1:30am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Not trading, but watching the markets. Gold seems to be selling off on D1 resistance.
 
 
  • Post #2,751
  • Quote
  • Dec 28, 2020 1:55am Dec 28, 2020 1:55am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Gold up to 1909 before it might sell off again. This is an opinion. Not trading today.
 
 
  • Post #2,752
  • Quote
  • Dec 28, 2020 4:52am Dec 28, 2020 4:52am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
good day to all
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #2,753
  • Quote
  • Dec 28, 2020 5:43am Dec 28, 2020 5:43am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Morning Prozor. Hope you are well. Waiting for the New Year to start trading again. Made a bad call on gold this morning, reassessed and realised how incorrect my view was from monthly through daily.
Regards
 
 
  • Post #2,754
  • Quote
  • Dec 28, 2020 6:25am Dec 28, 2020 6:25am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
Quoting Houtbay
Disliked
Morning Prozor. Hope you are well. Waiting for the New Year to start trading again. Made a bad call on gold this morning, reassessed and realised how incorrect my view was from monthly through daily. Regards
Ignored
morning H,
yes, up to 1909 was little high breaking 1896 - 1906 PA need more power
pay attention to 1876 - 1865 support range on H4

no trading for me
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Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,755
  • Quote
  • Dec 28, 2020 6:41am Dec 28, 2020 6:41am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
GOLD
I was searching trough my post to see when 1906 was introduced as important line and I found it it was Jul 21, 2020 while PA was @ 1818.
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Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #2,756
  • Quote
  • Dec 28, 2020 6:53am Dec 28, 2020 6:53am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Thanks Prozor.
 
1
  • Post #2,757
  • Quote
  • Dec 28, 2020 7:00am Dec 28, 2020 7:00am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
this "festivals" time I will use to see what I did good!
after a spike two days later we have this post targeting 2048
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Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #2,758
  • Quote
  • Dec 28, 2020 7:24am Dec 28, 2020 7:24am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
I miss posts from my student "skoljkica"
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FF give approval and confirm that skoljkica will be excluded as "Additional User" from Jan 22. 2020.

unfortunately FF doesn't respond to messages, mail from skoljkica and me.
Attached Image

please help, by writing to FF to answer our messages
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #2,759
  • Quote
  • Edited 8:53am Dec 28, 2020 7:51am | Edited 8:53am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
this year we create this great fishing tools:
1. Pro7_EA - from single line to longline fishing
Attached Image
2. where is the fish - dashboard to analyze single, group or all 28 symbols + GOLD....
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Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #2,760
  • Quote
  • Dec 28, 2020 9:39am Dec 28, 2020 9:39am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Eurusd can sell, to 1.21500
 
 
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