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Pro7 PA trading analysis 28+GOLD

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  • Post #4,361
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  • Apr 20, 2021 11:35am Apr 20, 2021 11:35am
  •  kangkie007
  • | Joined Dec 2020 | Status: Member | 706 Posts
Quoting darkangel13
Disliked
{quote} Great work, happy for you.
Ignored
thank you sir,
 
 
  • Post #4,362
  • Quote
  • Apr 20, 2021 11:39am Apr 20, 2021 11:39am
  •  darkangel13
  • Joined Aug 2020 | Status: Member | 3,842 Posts
Possible/expected scenario on gold.
Attached Image (click to enlarge)
Click to Enlarge

Name: Gold daily resistance.png
Size: 127 KB
 
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  • Post #4,363
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  • Apr 20, 2021 11:51am Apr 20, 2021 11:51am
  •  kingsleynwan
  • | Joined Oct 2019 | Status: Member | 54 Posts
Quoting darkangel13
Disliked
UsdCad daily could face some resistance, taking part of the table. SL for this patten 1,2500 target 1,2677 The bigger picture on UsdCad wolfwaves bullish. {image} {image}
Ignored
sir why don't you go long on tp1.32271 just ask from the mentor
 
 
  • Post #4,364
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  • Apr 20, 2021 12:11pm Apr 20, 2021 12:11pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
Quoting Itxtaha
Disliked
{quote} Should we move the Sl Little above for EURCAD ? Sir! Also from two weeks Yiu are Avoiding XAUUSD? any uncertainty ?
Ignored
EURCAD
CAD is weakest currency @ this moment SL should be tight. PA should not break 1.51494

GOLD
I'm NOT buying
for me GOLD is sell below 1756 or I'm waiting for 1791 - 1801 - 1822 where, depend on PA action will start building short position.

will post when I do
Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #4,365
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  • Apr 20, 2021 12:19pm Apr 20, 2021 12:19pm
  •  kangkie007
  • | Joined Dec 2020 | Status: Member | 706 Posts
Quoting prozor7
Disliked
{quote} EURCAD CAD is weakest currency @ this moment SL should be tight. PA should not break 1.51494 GOLD I'm NOT buying for me GOLD is sell below 1756 or I'm waiting for 1791 - 1801 - 1822 where, depend on PA action will start building short position. will post when I do
Ignored
thank you sir,
 
 
  • Post #4,366
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  • Edited 1:34pm Apr 20, 2021 1:21pm | Edited 1:34pm
  •  darkangel13
  • Joined Aug 2020 | Status: Member | 3,842 Posts
Quoting kingsleynwan
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{quote} sir why don't you go long on tp1.32271 just ask from the mentor
Ignored
There are a lot of things that determine how you should trade, especially your personality, that can take such a trade and sleep on it, many others prefer to use the capital for daily trades where they can make more profit.
Also, there is no guarantee that the market will follow your analysis, a little news can easily change it all and you have to accept it and take what the market offers.
An analysis is not valid forever but changes based on new facts that the market offers.
Take Gold its in a 123bullish targeting 1791 that's what analysis says but if this is correct then the next question is where can i go in long and then if you have found the right point the next question is how will you act if you sit with profit and the price starts go against or how to act if you are at a loss.

If you understand how the market works and have used your analysis correctly meaning that the market does not follow your analysis but on the contrary, you will succeed.
Let me ask you if you have long positions on UsdCad from 1.2380 with 15k and now you have over 200pips profit how should you act if the price starts to collapse, are you mentally ready for this?
There is also a time zone in the market where there is a good chance that your trade will succeed, or when one session closes or overlaps.
There is a lot to deal with and many aspects are taken into account in order to succeed in trading.

Hope thats help.
 
4
  • Post #4,367
  • Quote
  • Apr 20, 2021 1:42pm Apr 20, 2021 1:42pm
  •  darkangel13
  • Joined Aug 2020 | Status: Member | 3,842 Posts
UsdJpy is a great ex. I went long then the price went up I close mine, and look where the price now.
Attached Image(s) (click to enlarge)
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Name: UsdJpy 20april.png
Size: 85 KB
Click to Enlarge

Name: UsdJpy 20april 1.png
Size: 74 KB
Click to Enlarge

Name: UsdJpy 20april 2.png
Size: 75 KB
 
1
  • Post #4,368
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  • Apr 20, 2021 2:03pm Apr 20, 2021 2:03pm
  •  kingsleynwan
  • | Joined Oct 2019 | Status: Member | 54 Posts
thank you sir god bless you now i understand
 
1
  • Post #4,369
  • Quote
  • Apr 21, 2021 2:32am Apr 21, 2021 2:32am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #4,370
  • Quote
  • Apr 21, 2021 2:35am Apr 21, 2021 2:35am
  •  kangkie007
  • | Joined Dec 2020 | Status: Member | 706 Posts
Quoting prozor7
Disliked
good morning to all
Ignored
good morning sir,
 
1
  • Post #4,371
  • Quote
  • Apr 21, 2021 3:23am Apr 21, 2021 3:23am
  •  darkangel13
  • Joined Aug 2020 | Status: Member | 3,842 Posts
good morning everyone.

UsdJpy could start moving north soon, SL 107,77
Attached Image (click to enlarge)
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Name: UsdJpy 21april.png
Size: 83 KB
 
1
  • Post #4,372
  • Quote
  • Apr 21, 2021 3:28am Apr 21, 2021 3:28am
  •  kangkie007
  • | Joined Dec 2020 | Status: Member | 706 Posts
Quoting darkangel13
Disliked
good morning everyone. UsdJpy could start moving north soon, SL 107,77 {image}
Ignored
good morning sir, thank you sir, USDJPY
 
 
  • Post #4,373
  • Quote
  • Apr 21, 2021 3:47am Apr 21, 2021 3:47am
  •  huyhoang137
  • | Joined Apr 2020 | Status: Member | 65 Posts
good morning guy. gold retest high asian session i long now sl 1778.
 
1
  • Post #4,374
  • Quote
  • Edited 4:37am Apr 21, 2021 4:27am | Edited 4:37am
  •  darkangel13
  • Joined Aug 2020 | Status: Member | 3,842 Posts
Quoting huyhoang137
Disliked
good morning guy. gold retest high asian session i long now sl 1778.
Ignored
Are you long on gold with SL 1778? Giold could continue falling to 1777 to find support there.
 
2
  • Post #4,375
  • Quote
  • Apr 21, 2021 4:37am Apr 21, 2021 4:37am
  •  huyhoang137
  • | Joined Apr 2020 | Status: Member | 65 Posts
Quoting darkangel13
Disliked
{quote} Are you long on gold with SL 1778?
Ignored
yes i long with my aim sell in 1800-1802 sir, small volume to test gold support
 
1
  • Post #4,376
  • Quote
  • Apr 21, 2021 4:44am Apr 21, 2021 4:44am
  •  darkangel13
  • Joined Aug 2020 | Status: Member | 3,842 Posts
Quoting kangkie007
Disliked
{quote} good morning sir, thank you sir, USDJPY
Ignored
Attached Image (click to enlarge)
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Name: UsdJpy 1hr 21april.png
Size: 101 KB
 
 
  • Post #4,377
  • Quote
  • Apr 21, 2021 4:45am Apr 21, 2021 4:45am
  •  kangkie007
  • | Joined Dec 2020 | Status: Member | 706 Posts
Quoting darkangel13
Disliked
{quote} {image}
Ignored
thank you very much sir,
 
 
  • Post #4,378
  • Quote
  • Apr 21, 2021 5:05am Apr 21, 2021 5:05am
  •  darkangel13
  • Joined Aug 2020 | Status: Member | 3,842 Posts
Small 123bull on gold, SL 1776, target 1789. price now 1778.
 
2
  • Post #4,379
  • Quote
  • Apr 21, 2021 5:07am Apr 21, 2021 5:07am
  •  kangkie007
  • | Joined Dec 2020 | Status: Member | 706 Posts
Quoting darkangel13
Disliked
Small 123bull on gold, SL 1776, target 1789. price now 1778.
Ignored
thank you sir, i'm in
 
 
  • Post #4,380
  • Quote
  • Apr 21, 2021 6:33am Apr 21, 2021 6:33am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
JPY
let see how strong this push is
watching for potential buy on following D1 lines
AUDJPY - 83.349 - 83.073
CADJPY - 85.707 - 85.542
CHFJPY - 117.707 - 117.363
EURJPY - 129.502 - 129.380
GBPJPY - no trading zone
NZDJPY - 77.347
USDJPY - 107.904 - 107.683
Attached Image (click to enlarge)
Click to Enlarge

Name: JPY.png
Size: 188 KB
Forex can only be understood backwards, but it must be traded forwards.
 
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