Pro7 PA trading analysis 28+GOLD | Page 143 | Metals Mine

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Pro7 PA trading analysis 28+GOLD

  • #2,841
  • Jan 7, 2021 11:46am Jan 7, 2021 11:46am
Prozor why do you look at the 1st of everything when making calculations? What is your reasoning?
  • #2,842
  • Jan 7, 2021 11:56am Jan 7, 2021 11:56am
Sorry I made a mistake in my writing, Support never became Resistance. Support became Support again. Support becomes resistance when price breaks support and then sells off the ceiling of support.
  • #2,843
  • Jan 7, 2021 12:39pm Jan 7, 2021 12:39pm
Gbpusd might possibly sell back down to support
  • #2,844
  • Jan 7, 2021 1:08pm Jan 7, 2021 1:08pm
Quoting Houtbay
Gbpusd support has become resistance. Prozor how do you determine when support will be broken?
Time calculations. example GOLD:
"H4 indicate buy @ 1917" ... was my post. - how much time PA spend on that line???
look where is PA. pay attention to fibo lines and reread post 3 than read my post about GOLD
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 60 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #2,845
  • Jan 7, 2021 1:10pm Jan 7, 2021 1:10pm
Quoting Houtbay
Prozor why do you look at the 1st of everything when making calculations? What is your reasoning?
pay day
TIME to bring fish on the table
Forex can only be understood backwards, but it must be traded forwards.
  • #2,846
  • Jan 7, 2021 1:14pm Jan 7, 2021 1:14pm
Quoting Houtbay
Sorry I made a mistake in my writing, Support never became Resistance. Support became Support again. Support becomes resistance when price breaks support and then sells off the ceiling of support.
don't agree,
support can become resistance
resistance can become support
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 25 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #2,847
  • Jan 7, 2021 1:32pm Jan 7, 2021 1:32pm
working on US30, looking promising????
Attached Image (click to enlarge)
Click to Enlarge Name: us30.png Size: 58 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #2,848
  • Jan 7, 2021 3:04pm Jan 7, 2021 3:04pm
Quoting prozor7
working on US30, looking promising???? {image}
That's one thing I look at regularly (US30 or the US500) but I don't see the indices mentioned much here? Are they harder to trade than normal pairs?
  • #2,849
  • Jan 7, 2021 7:42pm Jan 7, 2021 7:42pm
Quoting four.owls
{quote} That's one thing I look at regularly (US30 or the US500) but I don't see the indices mentioned much here? Are they harder to trade than normal pairs?
SPX500 is dead easy, so long as you don't go short.
Look Left Trade Right
  • #2,850
  • Jan 7, 2021 11:02pm Jan 7, 2021 11:02pm
Morning Prozor want to start your day with a question. Gbpusd is approaching support at 1.35400 and Xauusd is approaching support at 1901
How does one know when support will be broken for a certainty? And movement will continue down without a bounce upwards?
  • #2,851
  • Jan 7, 2021 11:36pm Jan 7, 2021 11:36pm
Quoting Houtbay
Morning Prozor want to start your day with a question. Gbpusd is approaching support at 1.35400 and Xauusd is approaching support at 1901 How does one know when support will be broken for a certainty? And movement will continue down without a bounce upwards?
Simple in a bull market expect price to bounce back up in a bear market expect sellers to push and break support
Master your mind. Master Trading.
  • #2,852
  • Jan 8, 2021 1:10am Jan 8, 2021 1:10am
I have been following gold and Gbpusd for the last 3 hours. Gbpusd has changed course and is now a possible buy.
  • #2,853
  • Jan 8, 2021 1:21am Jan 8, 2021 1:21am
KareemAliFx how do you determine a bull or bear market?
  • #2,854
  • Jan 8, 2021 2:10am Jan 8, 2021 2:10am
Whoa...been trading Gold (scalps today)...something juicy just made the price fall hard and fast!! Volatile today!
  • #2,855
  • Jan 8, 2021 3:40am Jan 8, 2021 3:40am
Quoting Houtbay
...How does one know when support will be broken for a certainty? And movement will continue down without a bounce upwards?
you don't!!!
"nobody on this planet know where, when and why price will go."

trading is all about:
"you have to defend yours believes with money - before making a trade you have to ask yourself hardest question: HOW MUCH I'M WILLING TO LOSE?"
Forex can only be understood backwards, but it must be traded forwards.
  • #2,856
  • Jan 8, 2021 3:41am Jan 8, 2021 3:41am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #2,857
  • Jan 8, 2021 3:49am Jan 8, 2021 3:49am
Quoting prozor7
{quote} you don't!!! "nobody on this planet know where, when and why price will go." trading is all about: "you have to defend yours believes with money - before making a trade you have to ask yourself hardest question: HOW MUCH I'M WILLING TO LOSE?"
  • #2,858
  • Jan 8, 2021 5:18am Jan 8, 2021 5:18am
Prozor why do so many people get trading so wrong?
  • #2,859
  • Jan 8, 2021 6:05am Jan 8, 2021 6:05am
Let’s see if chfjpy can possibly break its monthly support
  • #2,860
  • Jan 8, 2021 6:38am Jan 8, 2021 6:38am
Gold possibly down to 1847
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