Pro7 PA trading analysis 28+GOLD | Page 300 | Forex Factory

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Pro7 PA trading analysis 28+GOLD

  • #5,981
  • Edited 11:18pm Oct 26, 2021 11:03pm | Edited 11:18pm
GOLD
step aside signal
watching 1795 - 1781 area

EDIT
here is the chart
pay attention to 1790 - 1795 resistance
if buy @ 1795 than 1790 play as support TP 1814 - 1820
if sell @ 1790 than 1795 play as resistance TP 1781 - 1776 - 1768

pay attention to 1781 D1 major support / resistance
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.
  • #5,982
  • Oct 26, 2021 11:35pm Oct 26, 2021 11:35pm
anyone willing to share trading plan here

one man show is boring
Forex can only be understood backwards, but it must be traded forwards.
  • #5,983
  • Oct 26, 2021 11:47pm Oct 26, 2021 11:47pm
I had tried to get in on gbpjpy yesterday, looking to swing trade down from 157.55, unfortunately got hit on stop at 157.76.. I guess I was in too early as entered on first move up to157.64. question is what should I have done better.. I had the intention to hold for a long time aiming for reversal from top. Thinking of getting in again potentially today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20211027-073938.jpg Size: 517 KB
  • #5,984
  • Edited 12:35am Oct 27, 2021 12:10am | Edited 12:35am
Quoting orbwarp
I had tried to get in on gbpjpy yesterday, looking to swing trade down from 157.55, unfortunately got hit on stop at 157.76.. I guess I was in too early as entered on first move up to157.64. question is what should I have done better.. I had the intention to hold for a long time aiming for reversal from top. Thinking of getting in again potentially today. {image}
I like your approach "what should I have done better"

IMHO you should enter in to a trade again - on spike your sell pattern didn't "vanish" - right?

EDIT
to avoid future problems of SL eat my potential good trade and leave without me I develop Pro7_EA try it - as long there is a money to trade EA doesn't give up
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,985
  • Oct 27, 2021 12:38am Oct 27, 2021 12:38am
Good morning pro, Iam new member here but actually I was following you for long time to learn from your trade planes , for gold I see gold is stuck now between 1810 and 1781 , for somehow this is my chart , I think 1792 is playing very well , I will keep my sell up to 1781 where I will look for aggressive buy there but I will wait for some confirmation to check 1781 reaction
Attached Image (click to enlarge)
Click to Enlarge Name: AA58C972-43C6-42F0-ACB3-F06C2302D3D1.png Size: 581 KB
  • #5,986
  • Oct 27, 2021 1:08am Oct 27, 2021 1:08am
Quoting prozor7
{quote} AUDNZD update PA fulfill day range @ 1.05450 leave 1/4 to swim to 1.04917 in case of pullback watching 1.05713
AUDNZD
look @ chart and see 1.04917
Forex can only be understood backwards, but it must be traded forwards.
  • #5,987
  • Oct 27, 2021 1:42am Oct 27, 2021 1:42am
Quoting prozor7
{quote} USDCHF update beauty of the pattern possible D1 resistance @ 0.91977 if so pay attention to 0.91722 as support {image}
USDCHF
update
pay attention to H1 & H4 support cluster 0.91820 - 0.91722

PA should stay above 0.91722 for buy
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,988
  • Oct 27, 2021 1:51am Oct 27, 2021 1:51am
Please in your opinion, is a buy in EUR/CAD advisable considering the strength
of CAD and OIL?
  • #5,989
  • Edited 3:26am Oct 27, 2021 3:04am | Edited 3:26am
Quoting Glorybound
Please in your opinion, is a buy in EUR/CAD advisable considering the strength of CAD and OIL?
sure no problem
I will post plan with chart as soon as I read yours.
you know what if you post a some serous plan with a chart image I will do several TF 3 minimum and if you put some serious effort that will make me a wow effect well in that case I will do 5 TF selected by you

deal?
Forex can only be understood backwards, but it must be traded forwards.
  • #5,990
  • Oct 27, 2021 3:48am Oct 27, 2021 3:48am
Quoting prozor7
{quote} USDCHF update pay attention to H1 & H4 support cluster 0.91820 - 0.91722 PA should stay above 0.91722 for buy {image}
USDCHF
update
closing 1/2 @ 0.92017

now pay attention to support range 0.91820 - 0.91722
Forex can only be understood backwards, but it must be traded forwards.
  • #5,991
  • Oct 27, 2021 4:03am Oct 27, 2021 4:03am
Quoting prozor7
{quote} here is an example of D1 & H4 discrepancy {image}
Sorry pro for replying late i was actually analying chart at this point m15 also gave long signal but m5 was short and m15 failed to go up so does that mean if smaller tf has strong trend structure than higher tf then higher tf signal will fail....
Thank you
  • #5,992
  • Oct 27, 2021 4:06am Oct 27, 2021 4:06am
Hi everyone

GOLD - below 1800 bears still in control
US30 and DAX - turning bearish, could get a big drop tomorrow (hopefully!)
  • #5,993
  • Oct 27, 2021 4:07am Oct 27, 2021 4:07am
Quoting OwaisJam
{quote} Sorry pro for replying late i was actually analying chart at this point m15 also gave long signal but m5 was short and m15 failed to go up so does that mean if smaller tf has strong trend structure than higher tf then higher tf signal will fail.... Thank you

look @ GOLD charts and pay attention to H4 1795 and D1 1781 range and how PA behave in that range on smaller TF

EDIT
there is a similar pattern in GBPCAD @ 1.70479 - 1.70642 range

USDCHF - in developing
USDJPY - in developing
.....
Forex can only be understood backwards, but it must be traded forwards.
  • #5,994
  • Oct 27, 2021 4:11am Oct 27, 2021 4:11am
Quoting prozor7
{quote} look @ GOLD charts and pay attention to H4 1795 and D1 1781 range and how PA behave in that range on smaller TF
This is just a reply consisting of few words but i know it has a lot of weight in it and it is going to take me sometime understanding this
thank you!!!
  • #5,995
  • Oct 27, 2021 4:20am Oct 27, 2021 4:20am
Quoting prozor7
{quote} AUDNZD look @ chart and see 1.04917
Thanks for the confidence boost earlier triggered me to reenter and got all losses back from yesterday and few days before !

Like the look of audnzd have actually entered sell at 1.04938 thinking a move to 1.04318 is possible.
  • #5,996
  • Oct 27, 2021 4:26am Oct 27, 2021 4:26am
Quoting OwaisJam
{quote} This is just a reply consisting of few words but i know it has a lot of weight in it and it is going to take me sometime understanding this thank you!!!
chart without crap D1 & H4 say 1000 words - plain and simple
Attached Image(s) (click to enlarge)
Click to Enlarge Name: goldd.png Size: 42 KB
Click to Enlarge Name: gold4.png Size: 41 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #5,997
  • Oct 27, 2021 4:31am Oct 27, 2021 4:31am
Quoting prozor7
{quote} chart without crap D1 & H4 say 1000 words - plain and simple {image} {image}
what if we add H1 resistance @ 1790
Attached Image (click to enlarge)
Click to Enlarge Name: gold1.png Size: 42 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #5,998
  • Oct 27, 2021 4:45am Oct 27, 2021 4:45am
Quoting prozor7
{quote} what if we add H1 resistance @ 1790 {image}
I need to learn a lot now i will spend time in bigger tf but m5 and m15 are long today and my plan says nothing is going to stop gold from going up my first tp is 1800 and second should be 1810..
  • #5,999
  • Oct 27, 2021 4:49am Oct 27, 2021 4:49am
Quoting orbwarp
{quote} Thanks for the confidence boost earlier triggered me to reenter and got all losses back from yesterday and few days before ! Like the look of audnzd have actually entered sell at 1.04938 thinking a move to 1.04318 is possible.
I'm expecting slow move down to 1.04675 AUDNZD currently are synchronize swimmers

I would like to see 1.04441 - 1.04385 that would be ideal move than up
Forex can only be understood backwards, but it must be traded forwards.
  • #6,000
  • Oct 27, 2021 4:59am Oct 27, 2021 4:59am
USDJPY
pay attention to D1 113.751 - H4 113.378 range
Forex can only be understood backwards, but it must be traded forwards.
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