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Pro7 PA trading analysis 28+GOLD

  • #301
  • Jun 5, 2020 3:00am Jun 5, 2020 3:00am
Quoting ratsalad
{quote} Do you normally do sell limit or sell stop?
buy stop
sell stop
Forex can only be understood backwards, but it must be traded forwards.
  • #302
  • Jun 5, 2020 3:09am Jun 5, 2020 3:09am
Quoting prozor7
{quote} buy stop sell stop
I see. So you basically trade the momentum and breakout.

That makes sense.

I have been entering limit orders but have been taken out on many
  • #303
  • Jun 5, 2020 3:13am Jun 5, 2020 3:13am
Quoting ratsalad
{quote} I see. So you basically trade the momentum and breakout. That makes sense. I have been entering limit orders but have been taken out on many
yes tight sl use momentum less risk.

limit order will have all losses from range if price goes to sl
Forex can only be understood backwards, but it must be traded forwards.
  • #304
  • Jun 5, 2020 4:13am Jun 5, 2020 4:13am
Quoting prozor7
{quote} yes tight sl use momentum less risk. limit order will have all losses from range if price goes to sl
The market is on a mega trend now for many pairs... Do you chase them? Eg.. Eur jpy, gbp jpy, gbp usd etc
  • #305
  • Jun 5, 2020 7:10am Jun 5, 2020 7:10am
Quoting ratsalad
{quote} The market is on a mega trend now for many pairs... Do you chase them? Eg.. Eur jpy, gbp jpy, gbp usd etc
never chase market, prepare trade and wait for price to come to you, click on EA will trade.
Forex can only be understood backwards, but it must be traded forwards.
  • #306
  • Jun 5, 2020 9:16am Jun 5, 2020 9:16am
wish you all great weekend

see you on Monday
Forex can only be understood backwards, but it must be traded forwards.
  • #307
  • Jun 5, 2020 9:54am Jun 5, 2020 9:54am
Have a great weekend Pro and see you on monday
  • #308
  • Jun 7, 2020 2:05pm Jun 7, 2020 2:05pm
good evening to all
Forex can only be understood backwards, but it must be traded forwards.
  • #309
  • Jun 7, 2020 2:07pm Jun 7, 2020 2:07pm
GBPAUD
D1 change to buy mode
pay attention to 1.81504 as support line
price should not pass 1.80811 to stay in buy mode
Forex can only be understood backwards, but it must be traded forwards.
  • #310
  • Jun 7, 2020 2:12pm Jun 7, 2020 2:12pm
EURCAD
D1 change to sell mode
pay attention 1.51514 sell below
passing 1.51260 should confirm that
Forex can only be understood backwards, but it must be traded forwards.
  • #311
  • Jun 7, 2020 10:43pm Jun 7, 2020 10:43pm
good morning to all

hope you are are well rested and ready
Forex can only be understood backwards, but it must be traded forwards.
  • #312
  • Jun 8, 2020 12:33am Jun 8, 2020 12:33am
GBPJPY
H4 sell mode
D1 buy mode
pay attention potential sell H4 139.180 - D1 139.659
Forex can only be understood backwards, but it must be traded forwards.
  • #313
  • Jun 8, 2020 12:35am Jun 8, 2020 12:35am
GBPCAD
potential sell H4 1.70280 - D1 1.70420
Forex can only be understood backwards, but it must be traded forwards.
  • #314
  • Jun 8, 2020 12:41am Jun 8, 2020 12:41am
EURUSD
D1 indicate sell mode breaking 1.12658 should confirm that
pay attention to 1.31039 - 1.13316 as resistance
Forex can only be understood backwards, but it must be traded forwards.
  • #315
  • Jun 8, 2020 1:05am Jun 8, 2020 1:05am
AUDCHF
I would like to see 0.67916 - 0.68122 as potential sell
Forex can only be understood backwards, but it must be traded forwards.
  • #316
  • Jun 8, 2020 1:18am Jun 8, 2020 1:18am
GBPUSD
I would like to see 1.27605 as potential short
Forex can only be understood backwards, but it must be traded forwards.
  • #317
  • Jun 8, 2020 3:36am Jun 8, 2020 3:36am
Quoting prozor7
GBPCAD potential sell H4 1.70280 - D1 1.70420
pay attention to 1.69454 - 1.69201 - H1 - H4 support
possible pullback to 1.69797 - 1.70064
Forex can only be understood backwards, but it must be traded forwards.
  • #318
  • Jun 8, 2020 3:40am Jun 8, 2020 3:40am
Quoting prozor7
GBPJPY H4 sell mode D1 buy mode pay attention potential sell H4 139.180 - D1 139.659
pay attention to 138.194 H1 - H4 support
possible pull back to 138.718
Forex can only be understood backwards, but it must be traded forwards.
  • #319
  • Jun 8, 2020 3:49am Jun 8, 2020 3:49am
GBPCHF
pay attention to 1.21676 - 1.21856 as H4 - D1 support
breaking down PA should enter in sell mode
Forex can only be understood backwards, but it must be traded forwards.
  • #320
  • Jun 8, 2020 3:59am Jun 8, 2020 3:59am
AUDUSD
pay attention to 0.69717 - 0.69563 H4 - D1 support
breaking down PA should enter sell mode
Forex can only be understood backwards, but it must be traded forwards.
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