Attachments: Pro7 PA trading analysis 28+GOLD

Pro7 PA trading analysis 28+GOLD

#4,641
Apr 27, 2021 12:47pm Apr 27, 2021 12:47pm

kangkie007
| Joined Dec 2020 | Status: Trader | 706 Posts

Quoting darkangel13

Disliked

{quote} This pattern failed , dont take it.

Ignored

ok sir,

#4,642
Apr 27, 2021 1:23pm Apr 27, 2021 1:23pm

darkangel13
Joined Aug 2020 | Status: Trader | 3,853 Posts

Quoting kangkie007

Disliked

{quote} thank you sir, im in sir,

Ignored

This one is a great one .

#4,643
Apr 27, 2021 1:40pm Apr 27, 2021 1:40pm

prozor7
Joined Mar 2010 | Status: Trader | 5,930 Posts

GOLD
D1 sell
H4 buy - PA losing buy momentum @ 1777.27 closing below PA entering sell mode

H4 support lines are:
1770.12 - 1754.14 - 1739.84

Attached Image (click to enlarge)

Click to Enlarge

Name: gold4.png
Size: 30 KB

EDIT
to confirm sell PA should not break H1 1781.18

Forex can only be understood backwards, but it must be traded forwards.

#4,644
Apr 27, 2021 1:47pm Apr 27, 2021 1:47pm

darkangel13
Joined Aug 2020 | Status: Trader | 3,853 Posts

Quoting prozor7

Disliked

GOLD D1 sell H4 buy - PA losing buy momentum @ 1777.27 closing below PA entering sell mode H4 support lines are: 1770.12 - 1754.14 - 1739.84 {image}EDIT to confirm sell PA should not break H1 1781.18

Ignored

Thanks, great stuff, I am short on gold placed my SL 1786.

#4,645
Apr 27, 2021 1:50pm Apr 27, 2021 1:50pm

darkangel13
Joined Aug 2020 | Status: Trader | 3,853 Posts

Prozor7: need to know what you get on UsdCad, I am long with a great number of lots, SL close below 1,2363 daily.

Thanks in advance

#4,646
Apr 27, 2021 2:07pm Apr 27, 2021 2:07pm

prozor7
Joined Mar 2010 | Status: Trader | 5,930 Posts

Quoting darkangel13

Disliked

Prozor7: need to know what you get on UsdCad, I am long with a great number of lots, SL close below 1,2363 daily. Thanks in advance

Ignored

USDCAD
D1 sell
H4 buy
H1 sell

H4 losing buy momentum it should go down to 1.23741 - 1.23533

Attached Image

Forex can only be understood backwards, but it must be traded forwards.

#4,647
Apr 27, 2021 6:52pm Apr 27, 2021 6:52pm

darkangel13
Joined Aug 2020 | Status: Trader | 3,853 Posts

Quoting prozor7

Disliked

{quote} USDCAD D1 sell H4 buy H1 sell H4 losing buy momentum it should go down to 1.23741 - 1.23533 {image}

Ignored

Thanks man, great work.

#4,648
Apr 27, 2021 7:57pm Apr 27, 2021 7:57pm

aeternum
| Joined Aug 2012 | Status: Trader | 2,263 Posts

Quoting aeternum

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On the daily, it is possible for gold to fall towards 1770 or lower to 1752, retracement for a push up. If it pushes up from here, likely we'll be seeing a much bigger drop later on.

Ignored

We have hit 1770 and now possibly looking to 1752 based on daily time frame.

If we fully reverse from 1752, it is likely we will break 1800.

A 1 pip gain is better than a 1 pip loss.

#4,649
Apr 27, 2021 8:13pm Apr 27, 2021 8:13pm

kangkie007
| Joined Dec 2020 | Status: Trader | 706 Posts

Quoting aeternum

Disliked

{quote} We have hit 1770 and now possibly looking to 1752 based on daily time frame. If we fully reverse from 1752, it is likely we will break 1800.

Ignored

thank you sir,

#4,650
Apr 27, 2021 8:17pm Apr 27, 2021 8:17pm

aeternum
| Joined Aug 2012 | Status: Trader | 2,263 Posts

Quoting aeternum

Disliked

{quote} USDJPY broke 108.48 resistance and is heading towards 38.2 retracement level at 108.81. 4H looks to be overbought soon, there may be a possibility if it bounces off there, we will break 107.47 and head into 106.xx territory.

Ignored

USDJPY has touched 108.81 and pushing through, this opens up 50 retracement level at 109.22. If it reverses from there, look for a break or double bottom at 107.47.

A 1 pip gain is better than a 1 pip loss.

#4,651
Apr 27, 2021 8:17pm Apr 27, 2021 8:17pm

darkangel13
Joined Aug 2020 | Status: Trader | 3,853 Posts

Gold reaching support area 1763/67 under this 1751 bullish invalidation level, breaking 1751 then gold heading south.

I expect to find som support on 1763/67 until we are done with FOMC news.

#4,652
Apr 27, 2021 8:21pm Apr 27, 2021 8:21pm

darkangel13
Joined Aug 2020 | Status: Trader | 3,853 Posts

Quoting darkangel13

Disliked

Ok, thats what I have: Gold short, SL 1788, T 1773, 1773 support. EurUsd short, SL 1,2097, T 1,2020, 1,2020 support GbpUsd short, SL 1,3937, T 1,3830, 1,3820 support Oil buy, SL 61,47, T 53,40 UsdCad, already send that , Buy, SL 1,2363 {image} {image} {image} {image}

Ignored

Gold hit target.
Oil hit target.
EurGbp still on, target 0,8726
GbpUsd too slow. I am out.
EurUsd too slow. I am out
UsdCad. price could fall into 1,2357 support. I am out.

#4,653
Apr 27, 2021 8:21pm Apr 27, 2021 8:21pm

kangkie007
| Joined Dec 2020 | Status: Trader | 706 Posts

Quoting darkangel13

Disliked

Gold reaching support area 1763/67 under this 1751 bullish invalidation level, breaking 1751 then gold heading south. I expect to find som support on 1763/67 until we are done with FOMC news.

Ignored

thank you my master,

#4,654
Apr 27, 2021 8:22pm Apr 27, 2021 8:22pm

Ryd3n
Joined Jan 2021 | Status: Trader | 286 Posts

I am in GU short. Target 1.38300.

We cut the winners short and let the losers run.

#4,655
Apr 27, 2021 8:23pm Apr 27, 2021 8:23pm

aeternum
| Joined Aug 2012 | Status: Trader | 2,263 Posts

Quoting darkangel13

Disliked

Gold reaching support area 1763/67 under this 1751 bullish invalidation level, breaking 1751 then gold heading south. I expect to find som support on 1763/67 until we are done with FOMC news.

Ignored

I also have a 1767 support level from 15 April resistance and 19/20 April support level. Expecting a retest towards 1774 first and see what PA does.

Edit - price is currently oversold from 15m to 1h time frames. But bearish action may continue. FOMC will likely cause a strong whiplashing though.

A 1 pip gain is better than a 1 pip loss.