Pro7 PA trading analysis 28+GOLD | Page 283 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading with Price Action - Daily Trading Analysis 146 replies

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

TT Ichimoku Cloud Trading Analysis with Trading Calls 23 replies

Trading Gold - Anybody up for analysis here? 14 replies

Attachments: Pro7 PA trading analysis 28+GOLD
Exit Attachments

Pro7 PA trading analysis 28+GOLD

  • #5,641
  • Jul 22, 2021 6:00am Jul 22, 2021 6:00am
Quoting prozor7
{quote} thank you for kind words and for posting here. you are a true inspiration for me to keep posting and to post more. hoping that more trader like you will come and post there analysis to learn and help each-other.
Nice words!
I hope, too. But what Im seeing in other threads is just fight between retail traders and thats what I hate more. Everyone has his own tought and it has to be respected even if is wrong. We had to remember that no one in this game is not 100% correct. Its impossible even for MMs!
Good luck and wish u a lot of pipes!
Multiple Position Trader
  • #5,642
  • Jul 22, 2021 6:07am Jul 22, 2021 6:07am
Quoting Lenart80
E/U, promise well, too. As u can see in 1/2 weeks this pair should touch 1.1650 at least and that will be my TP for now. Of course I can be wrong. GL. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 737282e81069ac68f2be8352092fd9f8.png Size: 143 KB
Here u can see on H1 how 1.1800 react as a good resistance. Im selling this pair till 1.1650/55. Maybe next week or next month. Without SL, atm.
G/U is going to follow E/U, its just matter of time.
Multiple Position Trader
  • #5,643
  • Jul 22, 2021 6:34am Jul 22, 2021 6:34am
ECB in 10 min and press in 1hr. Lets see how it will react.
Multiple Position Trader
  • #5,644
  • Jul 22, 2021 7:27am Jul 22, 2021 7:27am
Quoting Lenart80
{image}Hi, I will buy again at 1.3690 cause that break should be tested before it goes up for some more correction, around 1.3775 for me. Lets see and GL!
And, it touched my TP, but I get out too early, of course!!!
Sometimes I hate those SLs, but most of the time we need them.
Multiple Position Trader
  • #5,645
  • Jul 22, 2021 7:42am Jul 22, 2021 7:42am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210722-144030_MetaTrader 4.jpg Size: 747 KB
My first sell position in G/U. TP open and SL too.
Multiple Position Trader
  • #5,646
  • Jul 22, 2021 8:20am Jul 22, 2021 8:20am
Quoting prozor7
EURGBP watching H4 & D1 support @ 0.85715 - 0.85602 how PA will play there with the news {image}
EURGBP
update
pay attention to H4 (still in sell mode) 0.85855
in case of pullback PA should not break 0.85653
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,647
  • Jul 22, 2021 8:42am Jul 22, 2021 8:42am
Quoting prozor7
GBPCAD watching 1.72440 - 1.72200 for potential long TP 1.73292 pay attention to D1 support @ 1.72400 {image}
GBPCAD
update
taking profit or part of it @ 1.73100 would be smart

let see how they will play this H1 & H4 resistance @ 1.73100 - 1.73552 since CAD is weakest currency
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,648
  • Jul 22, 2021 8:44am Jul 22, 2021 8:44am
Quoting prozor7
{quote} GBPCAD update taking profit or part of it @ 1.73100 would be smart let see how they will play this H1 & H4 resistance @ 1.73100 - 1.73552 since CAD is weakest currency {image}
Perfect call!
Multiple Position Trader
  • #5,649
  • Jul 22, 2021 10:17am Jul 22, 2021 10:17am
Quoting prozor7
{quote} USDCHF D1 buy with H4 in sell mode and H1 buy extended I will wait for 0.91593 - 0.91482 pullback {image}
USDCHF
update
H4 indicate buy mode
let see is there a strength to break 0.91896 if yes than pay attention to 0.92099 where PA can pullback to 0.91947
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,650
  • Jul 22, 2021 11:55am Jul 22, 2021 11:55am
All positions are going in right direction!
G/U entry 1.3771 TP 1.3680 SL 1.3780
E/U entry 1.1794 TP 1.1650 SL 1.1810
USD/CHF entry 0.9172 TP1 0.9275 TP2 0.9380 SL 0.9150
Lets see how it will finish.
Multiple Position Trader
  • #5,651
  • Jul 22, 2021 2:50pm Jul 22, 2021 2:50pm
Quoting Lenart80
All positions are going in right direction! G/U entry 1.3771 TP 1.3680 SL 1.3780 E/U entry 1.1794 TP 1.1650 SL 1.1810 USD/CHF entry 0.9172 TP1 0.9275 TP2 0.9380 SL 0.9150 Lets see how it will finish.
On GU Im going to remove SL for tonight, brokers spread.
Multiple Position Trader
  • #5,652
  • Jul 22, 2021 2:53pm Jul 22, 2021 2:53pm
See u tomorrow, guys.
Multiple Position Trader
  • #5,653
  • Jul 23, 2021 1:08am Jul 23, 2021 1:08am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #5,654
  • Jul 23, 2021 1:42am Jul 23, 2021 1:42am
Quoting prozor7
GOLD watching 1807 closing today below 1807 D1 should enter sell mode targeting 1771 - 1739 support on the way down are: 1801 - 1794 - 1788 .... read post 3 where are support & resistance lines {image}
GOLD
update
D1 sell
H4 buy
H1 sell - extended
nothing has been changed in GOLD in last 10 days
pay attention to 1807 - 1806 with H1 extended sell PA above 1806 H1 should enter buy mode if close above 1806 targeting 1815 - 1816
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 44 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #5,655
  • Jul 23, 2021 2:18am Jul 23, 2021 2:18am
Pro7, could you share your view on CHF/JPY, please?
Im stuck with that autistic pair on my demo acc and can't riddle of that.
Thanks in advance.
Multiple Position Trader
  • #5,656
  • Jul 23, 2021 2:48am Jul 23, 2021 2:48am
Good morning everyone and I hope you have a wonderful friday.
Lenart I want to thank you for sharing your entries for GU and EU as I have helped myself with them alot. I have buckled up for this ride down that’s going on.
Stay safe.
  • #5,657
  • Jul 23, 2021 3:07am Jul 23, 2021 3:07am
CHFJPY
D1 buy
H4 sell
H1 buy

PA have a resistance cluster starting from 120.024 - 120.072 on H4 - D1 - H1

with JPY holiday symbol is open for manipulation with huge swings.
I'm expecting that MM (Market Makers) should use that in there advantage and break those level pushing PA up to 120.758 H1-H4-D1-MN resistance
Attached Image
when I look @ symbol correlations there is no interest in JPY is flat and CHF is strong
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,658
  • Jul 23, 2021 3:28am Jul 23, 2021 3:28am
Quoting prozor7
CHFJPY D1 buy H4 sell H1 buy PA have a resistance cluster starting from 120.024 - 120.072 on H4 - D1 - H1 with JPY holiday symbol is open for manipulation with huge swings. I'm expecting that MM (Market Makers) should use that in there advantage and break those level pushing PA up to 120.758 H1-H4-D1-MN resistance {image}when I look @ symbol correlations there is no interest in JPY is flat and CHF is strong {image}
Thank you, mate.
Multiple Position Trader
  • #5,659
  • Jul 23, 2021 6:41am Jul 23, 2021 6:41am
Quoting CashFarm666
Good morning everyone and I hope you have a wonderful friday. Lenart I want to thank you for sharing your entries for GU and EU as I have helped myself with them alot. I have buckled up for this ride down that’s going on. Stay safe.
Thanks!
We are here to help each other.
Just one little advice...don't touch CHF/JPY! As I said before, very autistic pair, at least for me!
Multiple Position Trader
  • #5,660
  • Jul 23, 2021 8:47am Jul 23, 2021 8:47am
pay attention to next week.

I expect wild swings in any directions simply because it is a summer vacation time and last week of the month I call it a "windows dressing" time when MM need to show there balance sheets.
I will be more focus on H1 & H4
Forex can only be understood backwards, but it must be traded forwards.
14 traders viewing now