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

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  • Post #5,081
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  • May 17, 2021 6:57am May 17, 2021 6:57am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
GOLD
H1
support @ 1846 - 1840
Attached Image (click to enlarge)
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Name: gold1.png
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Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #5,082
  • Quote
  • May 17, 2021 7:14am May 17, 2021 7:14am
  •  Serve
  • | Joined Apr 2020 | Status: Member | 94 Posts
Quoting prozor7
Disliked
GOLD H1 support @ 1846 - 1840 {image}
Ignored
Thanks Proz,

Don’t you think we might see 1800 first before the bull run to 1900. There's an imbalance around 1800 that needs to be filled for liquidity, I really don't think we'll see 1900.

The daily chart shows a move to 2000 in long term.
 
 
  • Post #5,083
  • Quote
  • May 17, 2021 7:22am May 17, 2021 7:22am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
Quoting Serve
Disliked
{quote} Thanks Proz, Don’t you think we might see 1800 first before the bull run to 1900. There's an imbalance around 1800 that needs to be filled for liquidity, I really don't think we'll see 1900. The daily chart shows a move to 2000 in long term.
Ignored
Quoting prozor7
Disliked
GOLD pay attention to current H4 - closing above 1826.39 PA should enter buy mode that could lead to 1851 - 1856 {image}
Ignored
Quoting prozor7
Disliked
{quote} GOLD D1 buy H4 sell - overstretched H1 flat - indicate buy @ 1835.12 same pattern as yesterday pay attention to H1 1835.12 as the key for up to 1855 - 1857 {image}
Ignored
not @ this moment as long as PA is above 1839

pay attention to H1 1846 - 1840
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #5,084
  • Quote
  • May 17, 2021 7:24am May 17, 2021 7:24am
  •  Serve
  • | Joined Apr 2020 | Status: Member | 94 Posts
Quoting prozor7
Disliked
{quote} {quote} {quote} not @ this moment as long as PA is above 1839 pay attention to H1 1846 - 1840
Ignored
Thanks for your feedback.
 
1
  • Post #5,085
  • Quote
  • May 17, 2021 7:48am May 17, 2021 7:48am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
NZDCAD
retesting 0.87145
PA have a nice support cluster starting from 0.87145 - 0.86860
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,086
  • Quote
  • May 17, 2021 9:33am May 17, 2021 9:33am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
Quoting prozor7
Disliked
GOLD H1 support @ 1846 - 1840 {image}
Ignored
GOLD
update
close 1/2 @ 1851

watching how they will play 1852
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Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #5,087
  • Quote
  • May 17, 2021 10:22am May 17, 2021 10:22am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
GOLD
close all @ 1860
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,088
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  • May 17, 2021 10:32am May 17, 2021 10:32am
  •  Mtinifx
  • Joined Feb 2011 | Status: Member | 6,016 Posts
Quoting prozor7
Disliked
{quote} GOLD update close 1/2 @ 1851 watching how they will play 1852 {image}
Ignored
Became very bullish this afternoon.

The boys are full of surprises!

Very much looks like we're heading up to 1950 area again

EDIT: Sorry I forgot about the 1870 area. We'll just have to see what happens there but if we break through then definitely 1950
Attached Image (click to enlarge)
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  • Post #5,089
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  • May 17, 2021 11:07am May 17, 2021 11:07am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
Quoting Mtinifx
Disliked
{quote} Became very bullish this afternoon. The boys are full of surprises! Very much looks like we're heading up to 1950 area again EDIT: Sorry I forgot about the 1870 area. We'll just have to see what happens there but if we break through then definitely 1950 {image}
Ignored
I receive step aside signal @ 1860 so I close my trade - H4 is overstretched

in my calculations PA should stop @ 1864 and pullback to 1854 - 1852 not shorting

for those who like to short pay attention to H1 1863.62
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #5,090
  • Quote
  • May 18, 2021 2:26am May 18, 2021 2:26am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #5,091
  • Quote
  • May 18, 2021 2:36am May 18, 2021 2:36am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
Quoting prozor7
Disliked
USDCAD I would like to see 1.20321 - 1.20130 where I will look for buy {image}EDIT this is my target on MN chart 1.20130 {image}
Ignored
USDCAD
update
watching 1.20269 - 1.20130 how they will play
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
 
3
  • Post #5,092
  • Quote
  • May 18, 2021 2:40am May 18, 2021 2:40am
  •  YumiYummy
  • Joined Sep 2020 | Status: Member | 463 Posts
Quoting prozor7
Disliked
{quote} USDCAD update watching 1.20269 - 1.20130 how they will play {image}
Ignored
Hi Prozor,
Your analysis is so incredible and professional.
Good day to you
 
2
  • Post #5,093
  • Quote
  • May 18, 2021 3:07am May 18, 2021 3:07am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
USDCHF
I would like to see MN 0.89560
PA have a nice support cluster starting from 0.89560 - 0.89472
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #5,094
  • Quote
  • May 18, 2021 3:44am May 18, 2021 3:44am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
Quoting prozor7
Disliked
{quote} I receive step aside signal @ 1860 so I close my trade - H4 is overstretched in my calculations PA should stop @ 1864 and pullback to 1854 - 1852 not shorting for those who like to short pay attention to H1 1863.62
Ignored
GOLD
update
I still have step aside signal that was executed @ 1860 but it was wrong it is @ 1868

pullback to 1859 - 1852 still in play
Attached Image (click to enlarge)
Click to Enlarge

Name: gold1.png
Size: 65 KB
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #5,095
  • Quote
  • May 18, 2021 4:12am May 18, 2021 4:12am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
Quoting prozor7
Disliked
NZDCAD retesting 0.87145 PA have a nice support cluster starting from 0.87145 - 0.86860 {image}
Ignored
NZDCAD
update
PA above 0.87221 H4 should enter buy mode and PA should not break 0.87000 in case of pullback
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #5,096
  • Quote
  • May 18, 2021 4:38am May 18, 2021 4:38am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
GBPCHF
PA in support range MN - D1 - H4 1.27786 - 1.27287

pay attention to D1 1.27519
Attached Image
EDIT
H1 support @ 1.27073
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,097
  • Quote
  • May 18, 2021 4:56am May 18, 2021 4:56am
  •  LadyAmira
  • | Joined May 2016 | Status: Member | 51 Posts
Quoting prozor7
Disliked
{quote} USDCAD update watching 1.20269 - 1.20130 how they will play {image}
Ignored
Hi Prozor, what is your TP for USDCAD? Thx
 
 
  • Post #5,098
  • Quote
  • Edited at 5:35am May 18, 2021 5:00am | Edited at 5:35am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
Quoting LadyAmira
Disliked
{quote} Hi Prozor, what is your TP for USDCAD? Thx
Ignored
please read post 3
how does fibo lines on charts work?

EDIT
when you read, ask what ever you don't understand from that post
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #5,099
  • Quote
  • May 18, 2021 5:26am May 18, 2021 5:26am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
USDJPY
H4 losing sell momentum let see 108.804 - 108.785 can it hold

PS buy above 108.977
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,100
  • Quote
  • May 18, 2021 6:21am May 18, 2021 6:21am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,629 Posts
AUDCHF
PA indicate down to 0.69527 - 0.69380 where is nice support cluster
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
 
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