Pro7 PA trading analysis 28+GOLD | Page 324 | Forex Factory

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Pro7 PA trading analysis 28+GOLD

  • #6,461
  • Dec 16, 2021 7:31am Dec 16, 2021 7:31am
for your info:
market is to fast @ this moment, so protect your entry
Forex can only be understood backwards, but it must be traded forwards.
  • #6,462
  • Dec 16, 2021 7:37am Dec 16, 2021 7:37am
Quoting prozor7
{quote} USDCAD yellow arrow in my calculations represent range that PA pass during a day PA above 1.27467 D1 is in buy mode if we have pullback from current range next resistance should be 1.28431 - 1.28636 where H4 indicate buy that should push PA up to 1.29716 - 1.29798 {image} {image}
USDCAD
when you observe PA you will noticed that from above post from 1.27675 - 1.28106 is exactly 50% of day range and if you didn't close @ least 1/2 of open trade.... than only what I can say is that you are guided by pure greed and that is not good for you account.
Forex can only be understood backwards, but it must be traded forwards.
  • #6,463
  • Dec 16, 2021 7:43am Dec 16, 2021 7:43am
Quoting prozor7
AUDCAD PA have a nice resistance cluster starting from 0.91728 - 0.92137 with strong AUD and weak CAD PA should go up to 0.92137 {image}
AUDCAD
update
I would like to see 0.91546 - 0.91293
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #6,464
  • Dec 16, 2021 7:57am Dec 16, 2021 7:57am
AUDNZD
D1 losing buy momentum indicating sell mode @ 1.05700
Forex can only be understood backwards, but it must be traded forwards.
  • #6,465
  • Dec 16, 2021 8:55am Dec 16, 2021 8:55am
GOLD
PA knocking on 1800 door - not selling

let see how they will play this on London close
Forex can only be understood backwards, but it must be traded forwards.
  • #6,466
  • Dec 16, 2021 5:40pm Dec 16, 2021 5:40pm
My target GBPJPY is buy until 153.500
I will buy limit at 150.700 to buy again..
EU BUY LIMIT at 1.1305. TP 1.145
Let's see..
Attached Image (click to enlarge)
Click to Enlarge Name: WhatsApp Image 2021-12-17 at 09.36.45.jpeg Size: 156 KB
  • #6,467
  • Dec 16, 2021 8:19pm Dec 16, 2021 8:19pm
Quoting prozor7
GOLD PA knocking on 1800 door - not selling let see how they will play this on London close
Prices starting to look a little overbought now. Going to pump in more rounds if we get some retracement. Weekly looking to be significantly bullish, feels like it wants the moon now with UK rising cases and Fed, as well as the whole world, still concerned about Omicron.
A 1 pip gain is better than a 1 pip loss.
  • #6,468
  • Dec 16, 2021 8:23pm Dec 16, 2021 8:23pm
Watch GBPNZD price action at current levels. Any engulfing rejections would be a sweet sell. But previous low did not reach 1.9385, so technically it is a higher low still.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
A 1 pip gain is better than a 1 pip loss.
  • #6,469
  • Dec 16, 2021 11:54pm Dec 16, 2021 11:54pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #6,470
  • Dec 17, 2021 12:20am Dec 17, 2021 12:20am
EURUSD has quite a bit of buying interest at 1.1317 levels. This has acted as resistance in the past. Looking for it to break 1.136 and 1.1378 for 1.14 and beyond. Weekly is building up into a good buy setup.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
A 1 pip gain is better than a 1 pip loss.
  • #6,471
  • Dec 17, 2021 12:45am Dec 17, 2021 12:45am
Quoting aeternum
Watch GBPNZD price action at current levels. Any engulfing rejections would be a sweet sell. But previous low did not reach 1.9385, so technically it is a higher low still. {image}
Be careful while selling GN. It will easily break the roof.
  • #6,472
  • Dec 17, 2021 1:07am Dec 17, 2021 1:07am
Quoting Ihlas
{quote} Be careful while selling GN. It will easily break the roof.
Well there's no price action telling me to sell. But it is an area worth watching.
A 1 pip gain is better than a 1 pip loss.
  • #6,473
  • Dec 17, 2021 2:23am Dec 17, 2021 2:23am
GOLD
I would like to see 1814 - 1816 where I will look for sell on H1 / H4 targeting 1800 - 1791
PA is overstretched passing weekly range
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 50 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,474
  • Dec 17, 2021 5:29am Dec 17, 2021 5:29am
GOLD
fishing sell @ 1813 - small position
next @ 1816

SL around 1820
TP 1802 - 1797
Forex can only be understood backwards, but it must be traded forwards.
  • #6,475
  • Dec 17, 2021 5:48am Dec 17, 2021 5:48am
GOLD
closing 1/2 @ 1807

it is FRYday
Forex can only be understood backwards, but it must be traded forwards.
  • #6,476
  • Dec 17, 2021 5:51am Dec 17, 2021 5:51am
Quoting PopeyeEA
My target GBPJPY is buy until 153.500 I will buy limit at 150.700 to buy again.. EU BUY LIMIT at 1.1305. TP 1.145 Let's see.. {image}
GBPJPY is buy until 151.200 and then will going down to 150.100..

And then I will but again at 150.1 until the moon..

GOLD I WILL BUY AGAIN AT 1802 TP 1828..
  • #6,477
  • Dec 17, 2021 6:35am Dec 17, 2021 6:35am
Quoting PopeyeEA
{quote} GBPJPY is buy until 151.200 and then will going down to 150.100.. And then I will but again at 150.1 until the moon.. GOLD I WILL BUY AGAIN AT 1802 TP 1828..
thx for posting
solid plan you have there - good luck

please try to avoid bold & BOLD CAPITAL letters in all text
"While these features can be used to emphasize a point, too much of a good thing goes bad quickly. ..."

thank you for understanding
Forex can only be understood backwards, but it must be traded forwards.
  • #6,478
  • Dec 17, 2021 8:31am Dec 17, 2021 8:31am
done for the week
all trades are closed - cash now
Forex can only be understood backwards, but it must be traded forwards.
  • #6,479
  • Dec 17, 2021 8:32am Dec 17, 2021 8:32am
time to close fish market.
hope you have lucrative week.
wish you all great weekend, see you on Monday.
Attached Image (click to enlarge)
Click to Enlarge Name: bucket.jpg Size: 40 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,480
  • Dec 20, 2021 12:15am Dec 20, 2021 12:15am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
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