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Pro7 PA trading analysis 28+GOLD

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  • Post #5,721
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  • Aug 4, 2021 11:35am Aug 4, 2021 11:35am
  •  azlyshahadan
  • | Joined May 2021 | Status: Junior Member | 2 Posts
thanks all your sharings prozor7..have nice weekend..
 
1
  • Post #5,722
  • Quote
  • Aug 5, 2021 9:53am Aug 5, 2021 9:53am
  •  Lenart80
  • Joined Jan 2021 | Status: Forex Maniac | 348 Posts
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Hi all,
I'm buying AUD/NZD as u can see on my chart, TP 1.05521.
Let's see.
Multiple Position Trader
 
2
  • Post #5,723
  • Quote
  • Aug 9, 2021 5:31am Aug 9, 2021 5:31am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
good day to all
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #5,724
  • Quote
  • Aug 9, 2021 5:35am Aug 9, 2021 5:35am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
GOLD
wow
look @ that move and PA find support @ 1680 50% fibo
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Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #5,725
  • Quote
  • Aug 9, 2021 11:36am Aug 9, 2021 11:36am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
USDJPY
with H4 in sell (buy above 110.278) pay attention to 109.961 as MN support
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Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,726
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  • Aug 9, 2021 12:08pm Aug 9, 2021 12:08pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
AUDUSD
D1 buy - losing buy momentum indicate sell @ 0.73327
H4 buy - PA above 0.73343
H1 sell - pay attention to 0.73302 last support or H4 will enter sell
Attached Images
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,727
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  • Aug 10, 2021 2:15am Aug 10, 2021 2:15am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #5,728
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  • Aug 10, 2021 3:57pm Aug 10, 2021 3:57pm
  •  Evcryto78
  • | Joined Nov 2020 | Status: Member | 78 Posts
Quoting prozor7
Disliked
GOLD wow look @ that move and PA find support @ 1680 50% fibo {image}
Ignored
Thank you Prozor7 for sharing your ideas and help for beginners

May I ask you, the 50% Fibo, what's the time period of Fibo retracement?
Low and High?
is it on a monthly chart or ...?
Just getting an idea of finding this 50%

Thanks
 
 
  • Post #5,729
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  • Aug 10, 2021 5:40pm Aug 10, 2021 5:40pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
Quoting Evcryto78
Disliked
{quote} Thank you Prozor7 for sharing your ideas and help for beginners May I ask you, the 50% Fibo, what's the time period of Fibo retracement? Low and High? is it on a monthly chart or ...? Just getting an idea of finding this 50% Thanks
Ignored
explanation in post 3

if you don't understand ask
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,730
  • Quote
  • Aug 11, 2021 1:52am Aug 11, 2021 1:52am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,731
  • Quote
  • Aug 11, 2021 5:32am Aug 11, 2021 5:32am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
to many "step aside" signals GOLD included
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,732
  • Quote
  • Aug 11, 2021 5:40am Aug 11, 2021 5:40am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
EURUSD
with D1 in sell & H4 in extended buy I'm focus on 1.17273 - 1.17353 D1 & H4 resistance for potential sell targeting 1.15980
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,733
  • Quote
  • Aug 11, 2021 6:44am Aug 11, 2021 6:44am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
EURCAD
D1 sell - PA should close above 1.47180 to enter buy mode
H4 indicate buy @ 1.46901 that should push PA up to 1.47123 - 1.47458
H1 buy - extended
both symbols losing buy momentum
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,734
  • Quote
  • Aug 11, 2021 6:52am Aug 11, 2021 6:52am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
DXY
pay attention that H4 is in sell mode but PA is going up (GOLD to 1741 - 1743)
with that said look @ 93.000 - 92.940 if hold on pullback that should move GOLD down to 1716 - 1709

PS don't forget CPI news
also half of EU is on holiday until 16th
Forex can only be understood backwards, but it must be traded forwards.
 
3
  • Post #5,735
  • Quote
  • Aug 11, 2021 7:50am Aug 11, 2021 7:50am
  •  onefur
  • | Joined Aug 2021 | Status: Member | 8 Posts
hello, thanks for continuing this thread. i am new to XAUUSD a beginner (second month) , learning from zero, got scammed before.. hope to learn from all of you here.
 
1
  • Post #5,736
  • Quote
  • Aug 11, 2021 8:16am Aug 11, 2021 8:16am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
Quoting onefur
Disliked
hello, thanks for continuing this thread. i am new to XAUUSD a beginner (second month) , learning from zero, got scammed before.. hope to learn from all of you here.
Ignored
welcome onefur,

Quoting onefur
Disliked
... got scammed before.. .
Ignored
one of hardest things for trader to learn and realize is that it is his fault
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,737
  • Quote
  • Aug 11, 2021 9:28am Aug 11, 2021 9:28am
  •  Tallows
  • | Joined Nov 2012 | Status: Harvesting | 29 Posts
Quoting prozor7
Disliked
EURUSD with D1 in sell & H4 in extended buy I'm focus on 1.17273 - 1.17353 D1 & H4 resistance for potential sell targeting 1.15980
Ignored
It was a strong buy from the 1.70 to 1.74. You can't rule out a short term pattern commencement.

But, really with with macro news on the USD / DXY, finding a short i think is really looking to where the money is.

If we close below the 170 on a decent time frame the gravy train has left the station.
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1
  • Post #5,738
  • Quote
  • Aug 11, 2021 11:05am Aug 11, 2021 11:05am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
just receive an info that I will be offline from Midnight - Thursday to Noon - Monday
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #5,739
  • Quote
  • Aug 17, 2021 3:56am Aug 17, 2021 3:56am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,654 Posts
good morning / day to all
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #5,740
  • Quote
  • Aug 17, 2021 3:58am Aug 17, 2021 3:58am
  •  CashRulesYou
  • | Joined Mar 2021 | Status: Member | 46 Posts
Quoting prozor7
Disliked
good morning / day to all
Ignored
Good morning sir.
 
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