Pro7 PA trading analysis 28+GOLD | Page 79 | Metals Mine

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Pro7 PA trading analysis 28+GOLD

  • #1,561
  • Sep 29, 2020 4:31am Sep 29, 2020 4:31am
Quoting prozor7
{quote} AUDUSD close 3/4 buy @ 0.71107 - expecting pullback to 0.70849 - 0.70641 where I will reload (if we get there) buy TP 0.71524 PS D1 indicate trend change from sell to buy PA above 0.70849 should confirm that {image}
Thanks!
AU didnt make me disappointed. I collected enough for today.
So just watch the NY section...
  • #1,562
  • Sep 29, 2020 4:43am Sep 29, 2020 4:43am
Good day to all.
I am waiting for a pullback on Gold down to 1873.23 to reload buy orders.
First target from there is 1891.65, second target 1908.11
In between we have 1899.22 which can also act as a resistance and move price down to 1891.65 to confirm it as a support before 1908.11 is hit.
Always expect unexpected.
  • #1,563
  • Sep 29, 2020 4:52am Sep 29, 2020 4:52am
Quoting YumiYummy
{quote} Thanks! AU didnt make me disappointed. I collected enough for today. So just watch the NY section...
AUDUSD
D1 chart is valid by EOM (Thursday)
as you can see resistance @ 0.71245
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,564
  • Sep 29, 2020 4:54am Sep 29, 2020 4:54am
Quoting Skoljkica
Good day to all. I am waiting for a pullback on Gold down to 1873.23 to reload buy orders. First target from there is 1891.65, second target 1908.11 In between we have 1899.22 which can also act as a resistance and move price down to 1891.65 to confirm it as a support before 1908.11 is hit.
Do you think it’s a trap for buying. The shark will eat us. And the election is near.
It’s hard to back over 1900.
  • #1,565
  • Sep 29, 2020 5:01am Sep 29, 2020 5:01am
Quoting YumiYummy
{quote} Do you think it’s a trap for buying. The shark will eat us. And the election is near. It’s hard to back over 1900.
I expect 1908 to be reached today and from there possible pullback to 1890/1880
I think it is trap for sellers, at least today.
We will see what market says.

Edit:
D1 entered buy mode, we can expect at least these 2 days until the end of the month for price to rise.
Always expect unexpected.
  • #1,566
  • Sep 29, 2020 5:26am Sep 29, 2020 5:26am
Quoting Skoljkica
{quote} I expect 1908 to be reached today and from there possible pullback to 1890/1880 I think it is trap for sellers, at least today. We will see what market says. Edit: D1 entered buy mode, we can expect at least these 2 days until the end of the month for price to rise.

GOLD
pay attention to H4 chart
1908 for me is to optimistic there are 2 (two) resistance line 1890 50% D1 & 1891 76% H4 that PA should break.
I don't see power in PA after this push up to break those lines without pullback that should be @ 1873 50% H4 support/resistance

than up to 1908 by Friday
Attached Image (click to enlarge)
Click to Enlarge Name: goldh4.png Size: 63 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #1,567
  • Sep 29, 2020 5:38am Sep 29, 2020 5:38am
Quoting prozor7
{quote} GOLD pay attention to H4 chart 1908 for me is to optimistic there are 2 (two) resistance line 1890 50% D1 & 1891 76% H4 that PA should break. I don't see power in PA after this push up to break those lines without pullback that should be @ 1873 50% H4 support/resistance than up to 1908 by Friday {image}
With reaching 1908.11 price will fulfill its daily range which price usually does. This month price wasn't so "enthusiastic", so we will see.
I agree it could reach 1873.23, I have my buy orders there.
Always expect unexpected.
  • #1,568
  • Sep 29, 2020 5:44am Sep 29, 2020 5:44am
Quoting Skoljkica
{quote} .....This month price wasn't so "enthusiastic".....
if you closer look you will noticed that "enthusiastic" PA fulfill her month range 1969 - 1861
Forex can only be understood backwards, but it must be traded forwards.
  • #1,569
  • Sep 29, 2020 5:52am Sep 29, 2020 5:52am
Quoting prozor7
{quote} if you closer look you will noticed that "enthusiastic" PA fulfill her month range 1969 - 1861
It did, whole month price was in sell mode and after fulfilling its monthly range, it found support at 1861.74 and for now it is holding. Next "barricade" is 1890.09. We will see is that going to act as a support or resistance.
If it is support up to 1908.11, if resistance then down to 1838.36/1836.39 which would be interesting price to start next month with.
Always expect unexpected.
  • #1,570
  • Sep 29, 2020 6:36am Sep 29, 2020 6:36am
closing following buy trades with JPY
AUDJPY
NZDJPY
EURJPY
CHFJPY
Forex can only be understood backwards, but it must be traded forwards.
  • #1,571
  • Sep 29, 2020 6:51am Sep 29, 2020 6:51am
NZDCAD
close buy

cash now
Forex can only be understood backwards, but it must be traded forwards.
  • #1,572
  • Sep 30, 2020 3:19am Sep 30, 2020 3:19am
Good morning everyone.
I am looking to short gold at 1891.65
TP1 1881.46
TP2 1873.23
I expect price to reach 1865.00 until the end of the day.
D1 has buy signal, but H4 has sell signal so I expect at least couple of hours for sell pressure to last.
Always expect unexpected.
  • #1,573
  • Sep 30, 2020 3:44am Sep 30, 2020 3:44am
good day to all
Forex can only be understood backwards, but it must be traded forwards.
  • #1,574
  • Sep 30, 2020 4:52am Sep 30, 2020 4:52am
GOLD
can PA find support @ 1881 and move up to 1908
SL 1880
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 59 KB
EDIT
my next buy @ 1873
Forex can only be understood backwards, but it must be traded forwards.
  • #1,575
  • Sep 30, 2020 6:04am Sep 30, 2020 6:04am
EURCAD
fishing buy @ 1.56751 TP 1.57625 - 1.57898
SL 1.56610
Forex can only be understood backwards, but it must be traded forwards.
  • #1,576
  • Sep 30, 2020 6:09am Sep 30, 2020 6:09am
CADJPY
fishing sell @ 79.000 TP 78.200
SL 79.100
Forex can only be understood backwards, but it must be traded forwards.
  • #1,577
  • Sep 30, 2020 6:32am Sep 30, 2020 6:32am
NZD
fishing buy:
NZDCHF @ 0.60667
NZDJPY @ 69.527
NZDUSD @ 65787

SL 15 pips
Forex can only be understood backwards, but it must be traded forwards.
  • #1,578
  • Sep 30, 2020 6:39am Sep 30, 2020 6:39am
CAD
waiting for the news I prefer sell
Forex can only be understood backwards, but it must be traded forwards.
  • #1,579
  • Sep 30, 2020 7:14am Sep 30, 2020 7:14am
EURJPY
fishing buy @ 123.782 TP 124.433
SL 15 pips
Forex can only be understood backwards, but it must be traded forwards.
  • #1,580
  • Sep 30, 2020 7:23am Sep 30, 2020 7:23am
EURUSD
pending fishing buy @ 1.17150 TP scalp ("by the feeling")
SL 10 pips
Forex can only be understood backwards, but it must be traded forwards.
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