Pro7 PA trading analysis 28+GOLD | Page 238 | Metals Mine

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Pro7 PA trading analysis 28+GOLD

  • #4,741
  • Apr 29, 2021 2:12am Apr 29, 2021 2:12am
Quoting Houtbay
Golds next movement down is to 1773
before fomc area.. as usual
  • #4,742
  • Apr 29, 2021 2:17am Apr 29, 2021 2:17am
EurUsd: Daily price creating 123 bearish pattern, and could target 1,2020 support and much deeper.

This scenario fails if the price closes above 1,2136 on daily basis.

Enjoy.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd 29april.png Size: 59 KB
  • #4,743
  • Apr 29, 2021 2:17am Apr 29, 2021 2:17am
good morning to all
buy 1778
sl 1769
tp open
  • #4,744
  • Apr 29, 2021 2:43am Apr 29, 2021 2:43am
EurUsd could targeting 1,2148 on 15min

But daily we are short.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd 15m.png Size: 56 KB
  • #4,745
  • Apr 29, 2021 2:44am Apr 29, 2021 2:44am
Quoting darkangel13
Good morning everyone, Today I will short oil (already did from 64,13). The price on resistance and should start moving south. PS! that could affect UsdCad & UsdNok as both may start moving north in a different way. {image}
Good morning, what is your target for oil? Thank you!
  • #4,746
  • Apr 29, 2021 3:13am Apr 29, 2021 3:13am
Quoting mylife
good morning to all buy 1778 sl 1769 tp open
nice intraday entry, put SL below on your BE, something is fishy.
im sideline now, waiting for clear structure on h1
  • #4,747
  • Apr 29, 2021 3:23am Apr 29, 2021 3:23am
Quoting aeternum
{quote} Based on 4H time frame and current push down, if it gives a good bearish candle and FOMC follows up, we could see a break of 107.47x and head lower into 106.529 Fib extension. Currently it does not seem like it wants to go into 109.22 but anything can happen during FOMC. Edit - included charts for USDJPY. Because we broke previous low at 108.48, it is possible that this up move may result in an AB=CD move as well. {image} {image}
USDJPY price bounced off 38.2 at 108.46 from the previous up move. It is possible that it will continue upwards to break 109.07 and look towards 109.5 or higher.

Alternatively, we may see a double top at 109.07 and it may come back down to retest support levels in the 108 area although this would seem to be less likely to happen.
Attached Image (click to enlarge)
Click to Enlarge Name: f7152f6dd9d2fd8a7906c791e92bc45a.png Size: 61 KB
A 1 pip gain is better than a 1 pip loss.
  • #4,748
  • Apr 29, 2021 3:26am Apr 29, 2021 3:26am
I wouldn't try a buy until we get up to 1782.50/1783. Below 1780 could go down to 1750 - all IMHO
  • #4,749
  • Apr 29, 2021 4:39am Apr 29, 2021 4:39am
Opened a sell of EURGBP at 0.86810
SL - 0.87250
TP - 0.85750

Please use proper risk per trade. Confirm before you enter.
Look ahead. Reste positif
  • #4,750
  • Apr 29, 2021 5:39am Apr 29, 2021 5:39am
Quoting darkangel13
I forget Oil trade went very well. I dont know if there is any of you trading oil, but its fun. {image} {image}
sir, what your sl for oil i selling @ 64.7
  • #4,751
  • Apr 29, 2021 6:17am Apr 29, 2021 6:17am
Gold should move up to 1779 and then possibly back down to 1768
  • #4,752
  • Apr 29, 2021 6:46am Apr 29, 2021 6:46am
Quoting kangkie007
{quote} sir, what your sl for oil i selling @ 64.7
Sorry, I was out. Are you still short?
  • #4,753
  • Apr 29, 2021 6:47am Apr 29, 2021 6:47am
Quoting darkangel13
{quote} Sorry, I was out. Are you still short?
yes sir, i will be out now
  • #4,754
  • Apr 29, 2021 6:52am Apr 29, 2021 6:52am
USDCAD
D1 sell
H4 sell - losing sell momentum
watching 1.22684 - 1.22482 for potential long

PA @ 1.22826 fulfill monthly range
pay attention if PA hit above targets and have pullback how they will play this with news to come @ 1.22771 - 1.22826
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #4,755
  • Apr 29, 2021 6:54am Apr 29, 2021 6:54am
Quoting prozor7
USDCAD D1 sell H4 sell - losing sell momentum watching 1.22684 - 1.22482 for potential long PA @ 1.22826 fulfill monthly range pay attention if PA hit above targets and have pullback how they will play this with news to come @ 1.22771 - 1.22826 {image}
thank you sir,
  • #4,756
  • Apr 29, 2021 6:57am Apr 29, 2021 6:57am
Quoting kangkie007
{quote} yes sir, i will be out now
Ok, But its good to know that price reaching resistance now on 4hr.

Lets check whats going to be next.
Attached Image (click to enlarge)
Click to Enlarge Name: oil 29april.png Size: 57 KB
  • #4,757
  • Apr 29, 2021 6:58am Apr 29, 2021 6:58am
Quoting darkangel13
{quote} Ok, But its good to know that price reaching resistance now on 4hr. Lets check whats going to be next. {image}
thank you sir, i'm waiting my master,
  • #4,758
  • Apr 29, 2021 7:02am Apr 29, 2021 7:02am
Quoting Serve
Opened a sell of EURGBP at 0.86810 SL - 0.87250 TP - 0.85750 Please use proper risk per trade. Confirm before you enter.
Thats right, EG targeting 0,8684 then 0,8672. I think you went short little early. I short it now and will be out before the news.
  • #4,759
  • Apr 29, 2021 7:13am Apr 29, 2021 7:13am
UsdNok could create 123 bullish here, we have to wait for price to cross the dynamic line then look to buy.
Attached Image (click to enlarge)
Click to Enlarge Name: usdnok.png Size: 77 KB
  • #4,760
  • Apr 29, 2021 7:24am Apr 29, 2021 7:24am
EURNZD
D1 buy
H4 sell - indicate buy @ 1.67056

TP 1.67652 - 1.67919
SL 1.66788
Forex can only be understood backwards, but it must be traded forwards.
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