Pro7 PA trading analysis 28+GOLD | Page 294 | 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

  • #5,861
  • Oct 18, 2021 4:17am Oct 18, 2021 4:17am
USDCHF
D1 0.92645 first attempt rejected
closing above D1 should enter buy mode

my expectation is up to 0.92742 - 0.92801 than down to 0.92645 to confirm buy
Forex can only be understood backwards, but it must be traded forwards.
  • #5,862
  • Oct 18, 2021 4:28am Oct 18, 2021 4:28am
EURJPY
tricky & risky one
JPY is oversold on most symbols and because of that I don't see money in selling JPY

pay attention to D1 132.504

I would like to see 132.841 - 133.017 where I will look for sell
Forex can only be understood backwards, but it must be traded forwards.
  • #5,863
  • Oct 18, 2021 5:08am Oct 18, 2021 5:08am
DXY
H4 losing buy momentum
pay attention to 94.186

in case PA can't break this line H4 should enter sell mode pushing PA down to 93.988 - 93.789
Forex can only be understood backwards, but it must be traded forwards.
  • #5,864
  • Oct 18, 2021 5:13am Oct 18, 2021 5:13am
GBPCHF
PA have a nice resistance cluster H1, H4 & D1 starting from 1.27261 - 1.27307

PS
CHF is weakest symbols @ this moment - SL should be tight
Forex can only be understood backwards, but it must be traded forwards.
  • #5,865
  • Oct 18, 2021 5:52am Oct 18, 2021 5:52am
EURNZD
closing 3/4 @ 1.64328 - possible pullback

PA have a nice resistance cluster H1, H4, W1 & MN starting from 1.64328 - 1.64415
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,866
  • Oct 18, 2021 7:38am Oct 18, 2021 7:38am
Quoting prozor7
GOLD D1 enter sell mode - pay attention to 1781 H4 extended sell - pay attention to this range 1762 - 1770 breaking 1770 H4 should enter buy mode and it can push PA up to 1781 - 1788 breaking 1762 my expectation for down 1751 - 1748 {image}
GOLD
update
H1 1760 indicate buy mode
H4 sell - flat 1762 holding while 1770 reject this pullback

targets remaining the same
Forex can only be understood backwards, but it must be traded forwards.
  • #5,867
  • Oct 18, 2021 7:39am Oct 18, 2021 7:39am
Quoting prozor7
GBPCHF PA have a nice resistance cluster H1, H4 & D1 starting from 1.27261 - 1.27307 PS CHF is weakest symbols @ this moment - SL should be tight
GBPCHF
update
close 1/2 @ 1.26804

SL @ 1.27261
Forex can only be understood backwards, but it must be traded forwards.
  • #5,868
  • Oct 18, 2021 7:47am Oct 18, 2021 7:47am
Quoting prozor7
USDCHF D1 0.92645 first attempt rejected closing above D1 should enter buy mode my expectation is up to 0.92742 - 0.92801 than down to 0.92645 to confirm buy
USDCHF
update
fishing buy @ 0.92300
SL around 0.92200 where is H4 sell that should push PA down to 0.91623
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,869
  • Oct 18, 2021 8:23am Oct 18, 2021 8:23am
Quoting prozor7
CADCHF D1 indicate sell mode @ 0.74648
CADCHF
update
PA find support (again) @ 0.74457

for D1 to stay in sell mode PA should not close above 0.74648 - closing above PA should go up to 0.75000 - 0.76000
Forex can only be understood backwards, but it must be traded forwards.
  • #5,870
  • Oct 18, 2021 8:46am Oct 18, 2021 8:46am
GBPCAD
breaking D1 1.69895 down to 1.68000
Forex can only be understood backwards, but it must be traded forwards.
  • #5,871
  • Oct 18, 2021 8:51am Oct 18, 2021 8:51am
Quoting prozor7
{quote} USDCHF update fishing buy @ 0.92300 SL around 0.92200 where is H4 sell that should push PA down to 0.91623 {image}
USDCHF
H4 losing buy momentum indicate sell

close buy
Forex can only be understood backwards, but it must be traded forwards.
  • #5,872
  • Oct 18, 2021 9:13am Oct 18, 2021 9:13am
Quoting prozor7
{quote} GOLD update H1 1760 indicate buy mode H4 sell - flat 1762 holding while 1770 reject this pullback targets remaining the same
GOLD
update
buying pressure rising H4 indicate buy

now pay attention to H1 range 1772 - 1765 from this chart
Forex can only be understood backwards, but it must be traded forwards.
  • #5,873
  • Oct 18, 2021 9:45am Oct 18, 2021 9:45am
EURUSD
PA have a nice resistance cluster H4 & D1 starting from 1.16300 - 1.16622
Forex can only be understood backwards, but it must be traded forwards.
  • #5,874
  • Oct 19, 2021 1:49am Oct 19, 2021 1:49am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #5,875
  • Oct 19, 2021 1:58am Oct 19, 2021 1:58am
Quoting prozor7
EURJPY tricky & risky one JPY is oversold on most symbols and because of that I don't see money in selling JPY pay attention to D1 132.504 I would like to see 132.841 - 133.017 where I will look for sell
Totally agree and price is actually falling from the range you were looking at.
A 1 pip gain is better than a 1 pip loss.
  • #5,876
  • Oct 19, 2021 2:35am Oct 19, 2021 2:35am
GOLD
here we are 1781 D1 resistance
Forex can only be understood backwards, but it must be traded forwards.
  • #5,877
  • Oct 19, 2021 3:11am Oct 19, 2021 3:11am
GOLD
H1 losing buy momentum indicate sell @ 1784

fishing sell @ 1782
SL 1785

small position to see how they byte
Forex can only be understood backwards, but it must be traded forwards.
  • #5,878
  • Oct 19, 2021 3:25am Oct 19, 2021 3:25am
Quoting prozor7
GOLD H1 losing buy momentum indicate sell @ 1784 fishing sell @ 1782 SL 1785 small position to see how they byte
Thanks for the updates, also what is the current balance point for Gold
  • #5,879
  • Oct 19, 2021 3:48am Oct 19, 2021 3:48am
Quoting Cecil Gee
{quote} Thanks for the updates, also what is the current balance point for Gold
sorry don't understand the question
Forex can only be understood backwards, but it must be traded forwards.
  • #5,880
  • Oct 19, 2021 3:51am Oct 19, 2021 3:51am
Quoting prozor7
{quote} sorry don't understand the question
On a previous chart of yours there was a balance point I saw which seemed to indicate a area of concern where short term trends may change. If I remember correctly it was 1805 in Gold
12 traders viewing now