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Attachments: Pro7 PA trading analysis 28+GOLD
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Pro7 PA trading analysis 28+GOLD

Quoting pundit78
{quote} I understand, slippage of 20-30 pips can be accepted but its 170 pips. I think its time to change my broker.
I change a few broker in my trading time, result is always the same; slippage is unpredictable and unavoidable as long as you using SL.
Forex can only be understood backwards, but it must be traded forwards.
Quoting ugank106
{quote} alright sir my target should be better next what do you think about trading another pair sir ? ( for me ) should i try another currency ? or i just focus on gold for now ?
@ first I will say that, as long as you have problems with emotions, result will be the same whatever symbol you trade.

if you trade on H1 which I consider scalp (everything below H1 is scalp for me) your trades should be faster (average H1 candle on GOLD is 60 pips).
Forex can only be understood backwards, but it must be traded forwards.
Quoting prozor7
{quote} @ first I will say that, as long as you have problems with emotions, result will be the same whatever symbol you trade. if you trade on H1 which I consider scalp (everything below H1 is scalp for me) your trades should be faster (average H1 candle on GOLD is 60 pips).
alright sir , thank you i try to control my emotions first then ill try another symbol
noted sir
BITCOIN
I don't trade bitcoin !!!

on slow day I take a look to see where PA could go. here is my analysis:
Pay attention to MN 35883.43 as support breaking this line PA should go down to W1 33267.59 where is last support for this up move.

breaking W1 33267.59 sell of should start and PA should go more down to 26127.02 where most traders will realize that PA should close the gap @ 23113.26
Attached Image (click to enlarge)
Click to Enlarge Name: bitcoin.png Size: 48 KB
Forex can only be understood backwards, but it must be traded forwards.
Quoting prozor7
working on US30, looking promising???? {image}
test phase should end @ beginning of February, and it still looking promising
Attached Image (click to enlarge)
Click to Enlarge Name: us30.png Size: 41 KB
Forex can only be understood backwards, but it must be traded forwards.
Prozor have a look at the daily and 4 hour for Bitcoin. I am not trading, but the chart confirms what you mentioned earlier about possible direction.
Quoting Houtbay
Prozor have a look at the daily and 4 hour for Bitcoin. I am not trading, but the chart confirms what you mentioned earlier about possible direction.
here
PA in D1 resistance 36591.50 - H4/D1 support 36072.37
Attached Image (click to enlarge)
Click to Enlarge Name: bit.png Size: 46 KB
Forex can only be understood backwards, but it must be traded forwards.
Nzdusd looks like it might possibly be selling to the downside.
Quoting Houtbay
Nzdusd looks like it might possibly be selling to the downside.
pay attention to D1 0.71228 buy above sell below

H4 indicate buy breaking 0.71380 should confirm buy. see post with all H4 charts TP 0.71600 - 0.71820
Forex can only be understood backwards, but it must be traded forwards.
There might be a possible 1600 dollar correction in Bitcoin downwards. Good call on gold Prozor closing long position.
Eurjpy a possible sell. Tp 125.082
Eurjpy at it extreme, the band is fully stretched. A correction is due.
Also possibly selling usjpy
Is it possible to buy gold? The gold looks jump higher next days
Don’t buy gold, it should fall.
Oh so i will stay away from gold. Wait for lower price to buy. Thanks!
Quoting Houtbay
Eurjpy a possible sell. Tp 125.082
The trend on 4H and 1 1H is upward, trading against the trend killing. It's not ready for a sell yet. If you took the sell then, you will be in loss now. Pay attention to 126.0
Sorry I was wrong about gold.
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good morning to all
Forex can only be understood backwards, but it must be traded forwards.
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