Pro7 PA trading analysis 28+GOLD | Page 181 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading with Price Action - Daily Trading Analysis 146 replies

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

TT Ichimoku Cloud Trading Analysis with Trading Calls 23 replies

Trading Gold - Anybody up for analysis here? 14 replies

Attachments: Pro7 PA trading analysis 28+GOLD
Exit Attachments

Pro7 PA trading analysis 28+GOLD

  • #3,601
  • Feb 24, 2021 10:10am Feb 24, 2021 10:10am
GBPCAD
watching 1.77246 - 1.76894 as support for potential long TP 1.79270 - 1.79588
Forex can only be understood backwards, but it must be traded forwards.
  • #3,602
  • Feb 24, 2021 11:16am Feb 24, 2021 11:16am
EURGBP
fishing sell @ 0.86057
SL 0.86100
TP open
Forex can only be understood backwards, but it must be traded forwards.
  • #3,603
  • Feb 24, 2021 2:31pm Feb 24, 2021 2:31pm
Quoting prozor7
USDCAD this should be interesting PA indicate down to MN 1.25245 what make it interesting are support lines on the way down that should be a great buy accumulation area starting from 1.26697 {image}
USDCAD
update
PA hit 1.25245
watching 1.25245 - 1.25039 for long
Forex can only be understood backwards, but it must be traded forwards.
  • #3,604
  • Feb 25, 2021 1:17am Feb 25, 2021 1:17am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #3,605
  • Feb 25, 2021 2:10am Feb 25, 2021 2:10am
Quoting prozor7
GBPCAD watching 1.77246 - 1.76894 as support for potential long TP 1.79270 - 1.79588
GBPCAD
fishing buy @ 1.76864
Forex can only be understood backwards, but it must be traded forwards.
  • #3,606
  • Feb 25, 2021 2:12am Feb 25, 2021 2:12am
GBPNZD
fishing buy @ 1.90148
SL 1.89900
TP 1.90997 - 1.91361
Forex can only be understood backwards, but it must be traded forwards.
  • #3,607
  • Feb 25, 2021 4:26am Feb 25, 2021 4:26am
GOLD
pay attention to H4 1798
if PA break this line H4 should enter buy mode and PA should not break 1793 as support for up move targeting 1823

if PA find 1798 as resistance PA should go down to 1748
Forex can only be understood backwards, but it must be traded forwards.
  • #3,608
  • Feb 25, 2021 4:39am Feb 25, 2021 4:39am
Quoting prozor7
{quote} USDCAD update PA hit 1.25245 watching 1.25245 - 1.25039 for long
USDCAD
fishing buy @ 1.24773
SL 1.24700
Forex can only be understood backwards, but it must be traded forwards.
  • #3,609
  • Feb 25, 2021 9:03am Feb 25, 2021 9:03am
Quoting prozor7
{quote} USDCAD update PA hit 1.25245 watching 1.25245 - 1.25039 for long
Hi prozor, im new into trading gold, so does gold price aligns with dxy or the opposite? thanks
  • #3,610
  • Feb 25, 2021 10:51am Feb 25, 2021 10:51am
Quoting prozor7
{quote} USDCAD fishing buy @ 1.24773 SL 1.24700
USDCAD
update
possible resistance @ 1.25301 and pullback to 1.25161 - 1.25039
Forex can only be understood backwards, but it must be traded forwards.
  • #3,611
  • Feb 25, 2021 3:11pm Feb 25, 2021 3:11pm
Quoting ocra
{quote} Hi prozor, im new into trading gold, so does gold price aligns with dxy or the opposite? thanks
yes, in 80 - 85%
Attached Image (click to enlarge)
Click to Enlarge Name: dxygold.png Size: 43 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #3,612
  • Feb 26, 2021 12:50am Feb 26, 2021 12:50am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #3,613
  • Feb 26, 2021 12:58am Feb 26, 2021 12:58am
Quoting prozor7
good morning to all
Morning Prozor,

Gold Update:

expecting a drop to 1745 today. If the weekly chart closes below the 50EMA this might give us another drop next week to the next major support. I’m looking at 1645.
Look ahead. Reste positif
  • #3,614
  • Feb 26, 2021 1:54am Feb 26, 2021 1:54am
Quoting Serve
{quote} Morning Prozor, Gold Update: expecting a drop to 1745 today. If the weekly chart closes below the 50EMA this might give us another drop next week to the next major support. I’m looking at 1645.
morning,
not using MA or similar.
I will wait for a new month on Monday for calculations but @ first 1645 is to optimistic for a next week, for that kind of move PA need more time (almost a 20-30 days).
1748 should be a TP for today where PA fulfill day range
1748 should be a TP for a week where PA fulfill week range
1731 should be a TP for a month where PA fulfill month range

1762 - 1764 could provide a support / resistance so pay attention to this area

good luck
Forex can only be understood backwards, but it must be traded forwards.
  • #3,615
  • Feb 26, 2021 2:04am Feb 26, 2021 2:04am
Quoting Serve
{quote} Morning Prozor, Gold Update: expecting a drop to 1745 today. If the weekly chart closes below the 50EMA this might give us another drop next week to the next major support. I’m looking at 1645.
Prozor can u plz tell me how to setup 50EMA Chart on Gold
  • #3,616
  • Feb 26, 2021 2:30am Feb 26, 2021 2:30am
Quoting SadiaQureshi
{quote} Prozor can u plz tell me how to setup 50EMA Chart on Gold
Quoting prozor7
{quote}... not using MA or similar.
sorry can't help you because I don't use any kind of "Moving Average" MA, SMA, EMA....

reason for that is: ALL INDICATORS TELL WHAT ALREADY HAPPENED

please read post1 & post3
Forex can only be understood backwards, but it must be traded forwards.
  • #3,617
  • Feb 26, 2021 2:50am Feb 26, 2021 2:50am
Quoting Serve
{quote} Morning Prozor, Gold Update: expecting a drop to 1745 today. If the weekly chart closes below the 50EMA this might give us another drop next week to the next major support. I’m looking at 1645.
serve can you help SadiaQureshi with MA, EMA

thx
Forex can only be understood backwards, but it must be traded forwards.
  • #3,618
  • Feb 26, 2021 3:33am Feb 26, 2021 3:33am
Quoting SadiaQureshi
{quote} Prozor can u plz tell me how to setup 50EMA Chart on Gold
Add a moving average and set the parameters of this indicator

  1. Click Insert and move your mouse over Indicators and Trend
  2. Click Moving Average


Setting the common parameters
After you have completed the step above, the settings menu appears. Change period to 50 if you want 50 EMA And change MA method to Exponential.

You can change the color of the EMA by selecting your fav color by pressing on the style icon.



Note: Where its written Period: You must type 50 and where it’s written MA method you must select exponential.


50 Exponential Moving Average

Attached Image (click to enlarge)
Click to Enlarge Name: E0DAFD03-0946-4FC9-9A47-FCE3AED61360.jpeg Size: 275 KB
Look ahead. Reste positif
  • #3,619
  • Feb 26, 2021 4:48am Feb 26, 2021 4:48am
Quoting Serve
...... Add a moving average and set the parameters of this indicator....

thank you, this was very fast and nice from you.
great instructions.
Forex can only be understood backwards, but it must be traded forwards.
  • #3,620
  • Feb 26, 2021 5:34am Feb 26, 2021 5:34am
Quoting prozor7
GBPNZD fishing buy @ 1.90148 SL 1.89900 TP 1.90997 - 1.91361
GBPNZD
update
finally break.
TP1 hit
TP2 move to 1.91756
SL 1.90242
Forex can only be understood backwards, but it must be traded forwards.
27 traders viewing now