Pro7 PA trading analysis 28+GOLD | Page 185 | Metals Mine

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Pro7 PA trading analysis 28+GOLD

  • #3,681
  • Mar 9, 2021 9:47am Mar 9, 2021 9:47am
Quoting darkangel13
{quote} I hate Jpy pairs, too much intervention from the BOJ, and always lose trades there. Yet CadJpy seems so inviting to go short as price continues to make a new top each day.
true
when you hit the trend with BOJ uhhh what a joy
Forex can only be understood backwards, but it must be traded forwards.
  • #3,682
  • Mar 9, 2021 10:14am Mar 9, 2021 10:14am
Quoting prozor7
CADJPY tricky one !!! pay attention to MN 86.221 resistance / support resistance cluster start with 86.147 - 86.436 here is the tricky part: breaking 86.436 PA should go up to 86.892 - 87.087 where PA should pullback to 86.221 as MN support / resistance
CADJPY
update
closing 1/2 @ 85.939

SL 86.400
Forex can only be understood backwards, but it must be traded forwards.
  • #3,683
  • Mar 9, 2021 10:25am Mar 9, 2021 10:25am
AUDJPY
watching 83.501 for potential long

PS
if PA can't hold 83.501 H4 should enter sell mode and push PA down to 83.167
Forex can only be understood backwards, but it must be traded forwards.
  • #3,684
  • Mar 9, 2021 10:37am Mar 9, 2021 10:37am
I went short based on 30min bearish div, target 1697/92.
This is short-term trade
Attached Image (click to enlarge)
Click to Enlarge Name: Gold30min 09mars.png Size: 53 KB
  • #3,685
  • Mar 9, 2021 10:49am Mar 9, 2021 10:49am
Quoting prozor7
GOLD update TP2 1711 hit now pay attention as 1711 is the key point where PA can pullback so pay attention to pullback levels: 1706 - 1702 - 1695 - 1688 - 1675 if PA continue up move from 1711 than 1718 is next resistance
GOLD
update
1718 hit

cash now

now as said earlier pay attention to 1711 as support for 1726 up move or break (1702) to retest 1675

EDIT
valid for today only
Forex can only be understood backwards, but it must be traded forwards.
  • #3,686
  • Mar 9, 2021 1:21pm Mar 9, 2021 1:21pm
EURUSD
watching 1.19139 - 1.19405 for short
Forex can only be understood backwards, but it must be traded forwards.
  • #3,687
  • Mar 10, 2021 1:04am Mar 10, 2021 1:04am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #3,688
  • Mar 10, 2021 1:48am Mar 10, 2021 1:48am
GOLD
watching 1722 - 1726

top for this move should be 1746 pay attention to H4 current is flat (no buyers no sellers)

breaking 1711 H4 should enter sell mode - breaking 1706 confirm sell and PA should should find 1711 as resistance - TP 1675
Forex can only be understood backwards, but it must be traded forwards.
  • #3,689
  • Mar 10, 2021 2:22am Mar 10, 2021 2:22am
Quoting prozor7
GOLD watching 1722 - 1726 top for this move should be 1746 pay attention to H4 current is flat (no buyers no sellers) breaking 1711 H4 should enter sell mode - breaking 1706 confirm sell and PA should should find 1711 as resistance - TP 1675
Gold should break 1711, it seem it could fall to 1680 soon
  • #3,690
  • Mar 10, 2021 2:42am Mar 10, 2021 2:42am
Quoting YumiYummy
{quote} Gold should break 1711, it seem it could fall to 1680 soon
on what basis?
  • #3,691
  • Mar 10, 2021 2:49am Mar 10, 2021 2:49am
Quoting YumiYummy
{quote} Gold should break 1711, it seem it could fall to 1680 soon
please explain before "herd" enter sell
Forex can only be understood backwards, but it must be traded forwards.
  • #3,692
  • Mar 10, 2021 2:50am Mar 10, 2021 2:50am
I am short on gold based on bearish divergence on the 30min, SL close above 1720 on 30min basis. TP 1697,81 then 1692.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold30min 10mars.png Size: 72 KB
  • #3,693
  • Mar 10, 2021 2:57am Mar 10, 2021 2:57am
I went short on GbpUsd 30min based on bearish divergence, then close positions on + 39pips, now looking to short it again TP 1,3840 then 17.
SL close above 1,3925 on 30min basis.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 65 KB
Click to Enlarge Name: GBPUSDM30 10mars.png Size: 64 KB
  • #3,694
  • Mar 10, 2021 3:15am Mar 10, 2021 3:15am
Quoting asalami23
{quote} on what basis?
You see today it can not break 1718 as resistance. And it try to go down, first 1711 and then break 1700 to 1680. Base on Us economic signal today too.
Let’s wait!!!
i started to short at 1715. Cheer!!!!
  • #3,695
  • Mar 10, 2021 3:21am Mar 10, 2021 3:21am
Quoting prozor7
{quote} please explain before "herd" enter sell
Haha, i am one of the short hunter. Hope i am not the first one die soon.
  • #3,696
  • Mar 10, 2021 3:46am Mar 10, 2021 3:46am
Quoting YumiYummy
{quote} You see today it can not break 1718 as resistance. And it try to go down, first 1711 and then break 1700 to 1680. Base on Us economic signal today too. Let’s wait!!! i started to short at 1715. Cheer!!!!

thx Yumi,

that was well explained, please do that in the future, explain why did you take position.

this way you will share knowledge, and also gain one especially when you analyze yours position by EOW
Forex can only be understood backwards, but it must be traded forwards.
  • #3,697
  • Mar 10, 2021 5:36am Mar 10, 2021 5:36am
Quoting prozor7
{quote} thx Yumi, that was well explained, please do that in the future, explain why did you take position. this way you will share knowledge, and also gain one especially when you analyze yours position by EOW
Thanks Prozor!!!
Hope everyone stay green. Cheer!!!
  • #3,698
  • Mar 10, 2021 6:05am Mar 10, 2021 6:05am
I love when the market does that, GbpUsd reacts exactly where I went short... Hope everyone green. I am right now too green like a big kiwi .
I am taking my profit now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30 10mars.png Size: 64 KB
Click to Enlarge Name: GBPUSDM30 10mars 2.png Size: 64 KB
  • #3,699
  • Mar 10, 2021 6:07am Mar 10, 2021 6:07am
Quoting darkangel13
I love when the market does that, GbpUsd react exactly where I went short... Hope everyone green. I am right now too green like a big kiwi . {image} {image}
Wow cheer!
  • #3,700
  • Mar 10, 2021 6:17am Mar 10, 2021 6:17am
Quoting YumiYummy
{quote} Wow cheer!
Thx man, I take my profit as there is a risk that price move up back into the sell area, better that than nothing
GbpUsd could target 1,3925 in a corrective move.
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