Pro7 PA trading analysis 28+GOLD | Page 337 | Forex Factory

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Pro7 PA trading analysis 28+GOLD

  • #6,721
  • Feb 20, 2022 11:21pm Feb 20, 2022 11:21pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #6,722
  • Feb 21, 2022 4:14am Feb 21, 2022 4:14am
USDCHF
PA have a nice support cluster MN, D1 & H4 starting from 0.91784 - 0.91526

pay attention to H1 @ 0.91578 as the key for up or down
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.png Size: 31 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,723
  • Feb 21, 2022 11:06pm Feb 21, 2022 11:06pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #6,724
  • Feb 22, 2022 1:09am Feb 22, 2022 1:09am
Quoting prozor7
USDCHF PA have a nice support cluster MN, D1 & H4 starting from 0.91784 - 0.91526 pay attention to H1 @ 0.91578 as the key for up or down {image}
USDCHF
update
H4 indicate buy @ 0.91849 to stay in buy mode PA should not break 0.91596
Forex can only be understood backwards, but it must be traded forwards.
  • #6,725
  • Feb 22, 2022 1:12am Feb 22, 2022 1:12am
with all that "Sabre rattling" in neighborhood ... take every pip you can
Forex can only be understood backwards, but it must be traded forwards.
  • #6,726
  • Feb 22, 2022 11:59pm Feb 22, 2022 11:59pm
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #6,727
  • Feb 23, 2022 4:33am Feb 23, 2022 4:33am
looking at gbpcad - 1.7250 - 1.7233 looks like a potential buy zone, what do you think?
  • #6,728
  • Feb 23, 2022 5:35am Feb 23, 2022 5:35am
Quoting orbwarp
looking at gbpcad - 1.7250 - 1.7233 looks like a potential buy zone, what do you think?
GBPCAD
pay attention to 1.72217 where D1 losing buy momentum - indicate sell
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad.png Size: 27 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,729
  • Feb 23, 2022 7:15am Feb 23, 2022 7:15am
GBPAUD
fishing buy @ 1.86688
SL 1.86581

PA should not break 1.86581 if find support here on H1, H4 & D1 - otherwise more down to 1.86093
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud.png Size: 47 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,730
  • Feb 24, 2022 12:10am Feb 24, 2022 12:10am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #6,731
  • Feb 24, 2022 2:44am Feb 24, 2022 2:44am
GOLD
WOW
pay attention to MN & W1 1972 - 1987

last line for short (who dare) around 1993 - 1997
Attached Image (click to enlarge)
Click to Enlarge Name: goldm.png Size: 51 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,732
  • Feb 24, 2022 3:07am Feb 24, 2022 3:07am
EURUSD
can they push PA down to 1.11070
for that scenario PA should not break 1.12244 if we find support here @ 1.11783
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 40 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,733
  • Feb 24, 2022 3:30am Feb 24, 2022 3:30am
EURCAD
update
finally here we are 1.43413
pay attention that this is a second attempt for breaking that line

stepping aside
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad.png Size: 26 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,734
  • Feb 24, 2022 3:45am Feb 24, 2022 3:45am
DXY
stepping aside @ 97.200
Attached Image (click to enlarge)
Click to Enlarge Name: dxy.png Size: 32 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,735
  • Feb 24, 2022 3:48am Feb 24, 2022 3:48am
USDCAD
update
here we are 1.28452

stepping aside
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.png Size: 31 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,736
  • Feb 24, 2022 4:03am Feb 24, 2022 4:03am
Quoting prozor7
GOLD WOW pay attention to MN & W1 1972 - 1987 last line for short (who dare) around 1993 - 1997 {image}
GOLD
taking some profit @ 1961 would be smart
Forex can only be understood backwards, but it must be traded forwards.
  • #6,737
  • Feb 24, 2022 5:26am Feb 24, 2022 5:26am
we have only 3 days left for EOM (End Of Month)

don't expose yourself to much, focus on H1 & H4 NOT D1
Forex can only be understood backwards, but it must be traded forwards.
  • #6,738
  • Edited 6:57am Feb 24, 2022 6:41am | Edited 6:57am
GOLD
close 3/4 short @ 1940

leaving one position with SL @ 1961

EDIT
close short @ 1930

stepping aside
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 58 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,739
  • Feb 24, 2022 7:01am Feb 24, 2022 7:01am
all trades are closed

cash now

IMHO @ this moment staying in cash is the best position

if I see something interesting I will post
Forex can only be understood backwards, but it must be traded forwards.
  • #6,740
  • Feb 24, 2022 8:14am Feb 24, 2022 8:14am
Quoting prozor7
GOLD close 3/4 short @ 1940 leaving one position with SL @ 1961 EDIT close short @ 1930 stepping aside {image}
Hi Sir,
Could you please support me to identify that the gold can appoach to 197x again sir? I'm stuck at 196x. cry....

Thank you so much for your always support!
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