Pro7 PA trading analysis 28+GOLD | Page 314 | Metals Mine

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Pro7 PA trading analysis 28+GOLD

  • #6,261
  • Edited 4:22am Nov 26, 2021 4:12am | Edited 4:22am
Quoting OwaisJam
{quote} I mean how do will i know that pattern is finished.
same way you know that pattern is started.

PA have 3 options for all TF
up
down
side-way

what you need to look for is that side-way move: for example GOLD @ this moment potential side-way move in 1810 - 1798 range

H1 @ indicate losing buy momentum @ 1806 - 1808 support for that is 1802 - 1798
PA should not break 1798 to stay in buy mode as you can see in this chart where PA have a nice support cluster on H1 & H4

what you need to find is how long signal continue and how much pips that TF can move

SL is in same position as mine

EDIT
D1 pattern on GOLD
up to 1791
side-way for 18 days
up to 1861
side-way for 7 days
down to 1791
side-way - current 2 days
up to 1844 (1810 will tell on Wednesday - new month)
Forex can only be understood backwards, but it must be traded forwards.
  • #6,262
  • Nov 26, 2021 4:30am Nov 26, 2021 4:30am
Quoting prozor7
{quote} same way you know that pattern is started. PA have 3 options for all TF up down side-way what you need to look for is that side-way move: for example GOLD @ this moment potential side-way move in 1810 - 1798 range H1 @ indicate losing buy momentum @ 1806 - 1808 support for that is 1802 - 1798 PA should not break 1798 to stay in buy mode as you can see in this chart where PA have a nice support cluster on H1 & H4 what you need to find is how long signal continue and...
Thank you mate i really appreciate this as u know we cant find this knowledge in books
  • #6,263
  • Nov 26, 2021 5:21am Nov 26, 2021 5:21am
GOLD
TP 2 @ 1810 hit

my expectation for this up move is 1816 than I would like to see pullback to 1803

if PA find resistance @ 1810 than pullback could go down to 1798 - 1791
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 36 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,264
  • Nov 26, 2021 5:35am Nov 26, 2021 5:35am
GOLD
close all @ 1815
Forex can only be understood backwards, but it must be traded forwards.
  • #6,265
  • Nov 26, 2021 7:26am Nov 26, 2021 7:26am
Quoting prozor7
GOLD TP 2 @ 1810 hit my expectation for this up move is 1816 than I would like to see pullback to 1803 if PA find resistance @ 1810 than pullback could go down to 1798 - 1791 {image}
GOLD
update
beauty of the pattern

Quoting prozor7
H1 @ indicate losing buy momentum @ 1806 - 1808 support for that is 1802 - 1798 PA should not break 1798 to stay in buy mode
pay attention to H1 1808
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 37 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #6,266
  • Nov 26, 2021 7:55am Nov 26, 2021 7:55am
Well i am still long after this coz i believe 1798 aint gonna break m5 says this though bit late
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (12).png Size: 26 KB
  • #6,267
  • Nov 26, 2021 8:53am Nov 26, 2021 8:53am
  • #6,268
  • Nov 26, 2021 8:58am Nov 26, 2021 8:58am
GOLD
fishing buy @ 1798
Forex can only be understood backwards, but it must be traded forwards.
  • #6,269
  • Nov 26, 2021 9:22am Nov 26, 2021 9:22am
Quoting prozor7
GOLD fishing buy @ 1798
close all @ 1802 taking 40 pips scalp

done with GOLD today
Forex can only be understood backwards, but it must be traded forwards.
  • #6,270
  • Nov 26, 2021 9:29am Nov 26, 2021 9:29am
Quoting prozor7
EURUSD orders will be closed by EOD {image}
EURUSD
close all @ 1.13000
Forex can only be understood backwards, but it must be traded forwards.
  • #6,271
  • Nov 26, 2021 9:30am Nov 26, 2021 9:30am
done for this week - cash now

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.
  • #6,272
  • Nov 26, 2021 9:42am Nov 26, 2021 9:42am
Quoting prozor7
{quote} close all @ 1802 taking 40 pips scalp done with GOLD today
That means i am right it will go up eventually though i made a mistake with sl got 2 days i will try to read every post of your.
Cya next week
  • #6,273
  • Edited 10:39am Nov 26, 2021 10:07am | Edited 10:39am
Quoting OwaisJam
{quote} That means i am right it will go up eventually though i made a mistake with sl got 2 days i will try to read every post of your. Cya next week
good luck

to risky for me to stay in GOLD, hour before London close and probably low volume on US (holiday yesterday) it can go in any direction.

and by the way H4 losing buy momentum PA indicate sell mode PA should go down @ least to 1792
Forex can only be understood backwards, but it must be traded forwards.
  • #6,274
  • Nov 26, 2021 10:14am Nov 26, 2021 10:14am
Quoting prozor7
{quote} good luck to risky for me to stay GOLD, hour before London lose and probably low volume on US (holiday yesterday) it can go in any direction. and by the way H4 losing buy momentum PA indicate sell mode PA should go down @ least to 1792
for me bullish swing was made from 1787 and that is the right place for sl but i am trying to learn PA so that i could learn better coz my way sucks takes too much time and lot of anexiety
  • #6,275
  • Nov 26, 2021 10:16am Nov 26, 2021 10:16am
It seems bulls are going to take charge in m5 but its too late now...
cant say anything about PA i need to practise a lot on them
  • #6,276
  • Nov 26, 2021 11:56am Nov 26, 2021 11:56am
well bad day totally out of control from 1815 still better didnot trade on real
  • #6,277
  • Nov 27, 2021 10:06am Nov 27, 2021 10:06am
Quoting prozor7
{quote} good luck to risky for me to stay in GOLD, hour before London close and probably low volume on US (holiday yesterday) it can go in any direction. and by the way H4 losing buy momentum PA indicate sell mode PA should go down @ least to 1792
Hey Pro!!!
Man now i know why did it come down on friday it will be very good addition mate u are amazing i msut use higher tf
  • #6,278
  • Nov 29, 2021 3:36am Nov 29, 2021 3:36am
good day to all
Forex can only be understood backwards, but it must be traded forwards.
  • #6,279
  • Nov 29, 2021 3:39am Nov 29, 2021 3:39am
Quoting prozor7
good day to all
good day pro
  • #6,280
  • Nov 29, 2021 4:52am Nov 29, 2021 4:52am
GOLD
H1 losing buy momentum indicating sell @ 1790

pay attention to 1790 - 1796 range
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 41 KB
Forex can only be understood backwards, but it must be traded forwards.
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