- Search Metals Mine
- Houtbay replied Jan 12, 2021
I’ve just sold the Eurusd and the Gbpusd. We will see what happens
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 12, 2021
Thanks Prozor, great call as usual on gold. I sold out at 1836. Last week when gold corrected, it retraced until 5pm my time which is for another 20 minutes and then corrected again. Waiting to see if the same thing will happen today.
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 12, 2021
Hi Prozor I agree with you, however I will sell gold once it breaks 1856. If it happens.
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 12, 2021
I have found today to be one of the most difficult trading days of the last few weeks. Yesterday the trades threw themselves at me, today nothing stands out.
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 12, 2021
No I trade over the long term which you have taught me, however today has been a frustrating day. Very few meaningful set ups and nothing seems to be jumping out. Just getting frustrated so some times force a trade.
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 12, 2021
Went long nzdusd. Will hold for 100 pips
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 12, 2021
Cadjpy possibly sell at 81.900 on monthly resistance
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 11, 2021
Morning Prozor. A beautiful day here in Cape Town and children’s school opens in one weeks time hopefully. Hope you are well.
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 11, 2021
Prozor what is the difference between supply and demand and support and resistance? Does it not overlap in many cases?
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 11, 2021
The most important question in trading is why am I entering this position? The answer should be that it agrees with my set up on various or one time frame. If you can’t answer this question then don’t bet on the position because you will lose. ...
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 10, 2021
Usdchf possibly sell at 0.89150 on weekly, daily, 4 hour.
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 10, 2021
Eurusd may possibly retrace up to 1.22600 where we have first level of resistance. Second level of resistance is at 1.22850 If price penetrates through 1.22850 then hold for a long movement up. If price sells down from 1.22600 then sell short.
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 9, 2021
Hi never-settle by sharing my views I am learning myself, however the only way you can learn is also by posting your own views and analysis even if incorrect. One learns by doing, not viewing.
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 8, 2021
Weather here is great. Going swimming. The beaches are locked down at the moment. Everything is out of control at the moment, the worlds moving towards greater controls. Happy to be in Africa away from what lies ahead.
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 8, 2021
Let’s see if chfjpy can possibly break its monthly support
Pro7 PA trading analysis 28+GOLD
- Houtbay replied Jan 8, 2021
Prozor why do so many people get trading so wrong?
Pro7 PA trading analysis 28+GOLD