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Attachments: Pro7 PA trading analysis 28+GOLD
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Pro7 PA trading analysis 28+GOLD

Quoting Merka
{quote} @prozor7 You shared a lot thanks. Yes, I'm able to mark my own support/resistance line on the chart but will be for sure different from your. You probably have an EA that is drawing these lines for you. If so, EA must have a set of rules to follow in order to draw these support/resistance line. Can you please write these rules so I can try to replicate them manually. What I'm trying to understand is how to draw your same exact line
to summarize what you are saying / asking:
transferable knowledge would be if I share how I calculate PA. let me quote myself:
Quoting prozor7
... nobody on this planet know where, when and why price will go....
Forex can only be understood backwards, but it must be traded forwards.
AUDUSD
you don't need a crystal ball for breakout trading
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Forex can only be understood backwards, but it must be traded forwards.
Quoting prozor7
AUDUSD you don't need a crystal ball for breakout trading {image}
AUDUSD
D1 sell - losing sell momentum indicate buy @ 0.64845 - closing above that line should confirm - PA should not break 0.64775
let see how they will play 0.64959
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Forex can only be understood backwards, but it must be traded forwards.
Quoting prozor7
NZDUSD D1 - sell - losing momentum indicate buy @ 0.59871 H4 - sell - watching 0.59650 for buy very risky trade {image}
NZDUSD
update
D1 closing above 0.59597 enter buy mode. PA should not go below 0.59304
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Forex can only be understood backwards, but it must be traded forwards.
CAD
selling CAD in full swing
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Forex can only be understood backwards, but it must be traded forwards.
Quoting prozor7
CAD selling CAD in full swing {image}
Can u please mention your Entry and Stop
Muhammad Kashif
Quoting prozor7
{quote} AUDUSD D1 sell - losing sell momentum indicate buy @ 0.64845 - closing above that line should confirm - PA should not break 0.64775 let see how they will play 0.64959 {image}
May I know your target for AU sir
EURCAD
I would like to see pullback down to 1.45830 where I will look for buy
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Forex can only be understood backwards, but it must be traded forwards.
how you trade will determine your SL and TP.

a trader in the business world should be aware of the potential financial loss should something "go south."
Forex can only be understood backwards, but it must be traded forwards.
AUDUSD
closing 3/4 @ 0.65596
I would like to see a possible pullback down to 0.65289 - 0.65234
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Forex can only be understood backwards, but it must be traded forwards.
NZDUSD
closing 3/4 @ 0.59981
in case of pullback I'm watching 0.59759 - 0.59679
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Forex can only be understood backwards, but it must be traded forwards.
this very useful utility you can find here
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Forex can only be understood backwards, but it must be traded forwards.
fish-finder
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Forex can only be understood backwards, but it must be traded forwards.
EURCAD
closing buy position
H4 buy - extended - max up should be 1.47048
I would like to see pullback down to 1.46365 - 1.46154 where I will look for buy
Attached Image (click to enlarge)
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Forex can only be understood backwards, but it must be traded forwards.
GBPCAD
D1 sell - loosing momentum indicate buy @ 1.70638 - to stay in buy mode PA should not break 1.70228
H4 buy - extended - indicate side-way move with possible down to 1.70742 - 1.70638 where is buy signal for D1

let see how they will play this levels
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Forex can only be understood backwards, but it must be traded forwards.
Attached Image (click to enlarge)
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Forex can only be understood backwards, but it must be traded forwards.
Quoting prozor7
{quote} NZDCAD update risky buy trade with NZD holiday let see how they will play this 0.81280 - 0.81131 {image}
NZDCAD
closed all buy position
expecting pullback down to 0.81269 where I will look for buy
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Forex can only be understood backwards, but it must be traded forwards.
I have a H4 step aside signal on all charts

all position are closed cash now
Forex can only be understood backwards, but it must be traded forwards.
EURUSD
pay attention to 1.08686 on Weekly chart
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Forex can only be understood backwards, but it must be traded forwards.
AUDCAD
pay attention to 0.88976 on Weekly chart support for up is @ 0.88747 - 0.88543

let see how they will play 0.88976 - 0.89399
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Forex can only be understood backwards, but it must be traded forwards.
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