Pro7 PA trading analysis 28+GOLD | Page 82 | Crypto Craft

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

  • #1,621
  • Oct 6, 2020 1:49am Oct 6, 2020 1:49am
CADCHF
D1 - indicate trend change from buy to sell - PA should not break 0.69028 - 0.69061 to stay in sell mode

TP 0.68125 - 0.67650
Forex can only be understood backwards, but it must be traded forwards.
  • #1,622
  • Oct 6, 2020 2:38am Oct 6, 2020 2:38am
GBPCHF
D1 indicate trend change from buy to sell - PA should not beak 1.18814 - 1.18955 to stay in sell mode

TP 1.16921 - 1.16290
Forex can only be understood backwards, but it must be traded forwards.
  • #1,623
  • Oct 6, 2020 2:40am Oct 6, 2020 2:40am
Good morning to all.

I am expecting pullback on gold down to 1905.06 where I will place buy order.
First target 1916.42
Second target 1921.31

Possible pullback from 1921.42 down to 1916.42
If buy continues my next target will be 1927.49
Always expect unexpected.
  • #1,624
  • Oct 6, 2020 2:51am Oct 6, 2020 2:51am
GOLD
D1 buy
H4 buy - indicate trend change form buy to sell @ 1908
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 43 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #1,625
  • Oct 6, 2020 3:25am Oct 6, 2020 3:25am
GBPCAD
D1 indicate trend change from buy to sell - PA should not break 1.72010 - 1.72422
Forex can only be understood backwards, but it must be traded forwards.
  • #1,626
  • Oct 6, 2020 7:10am Oct 6, 2020 7:10am
EURGBP
D1 indicate trend change from sell to buy - PA should not break 0.90977 - 0.90944
Forex can only be understood backwards, but it must be traded forwards.
  • #1,627
  • Oct 6, 2020 7:53am Oct 6, 2020 7:53am
GBP
did you noticed how GBP loosing momentum on D1 chart step by step?
it start with AUD, than NZD, than 3 in same day CHF, CAD & EUR.

what left are JPY & USD

GBPJPY should enter sell around 135.600
GBPUSD should enter sell around 1.28700

here are the D1 charts
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.png Size: 202 KB
here are the H4 charts, see where H4 give sell signal
Attached Image (click to enlarge)
Click to Enlarge Name: gbph4.png Size: 186 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #1,628
  • Oct 6, 2020 7:58am Oct 6, 2020 7:58am
EURCAD
pay attention to 1.56462 breaking this line D1 should enter buy mode
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #1,629
  • Oct 6, 2020 8:14am Oct 6, 2020 8:14am
Quoting prozor7
GOLD D1 buy H4 buy - indicate trend change form buy to sell @ 1908 {image}
GOLD
let see can PA break 1918 - 1921

what will DXY say?
Attached Image (click to enlarge)
Click to Enlarge Name: dxy.png Size: 51 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #1,630
  • Oct 6, 2020 9:31am Oct 6, 2020 9:31am
Quoting prozor7
{quote} GOLD let see can PA break 1918 - 1921 what will DXY say? {image}
GOLD
1921 rejected
H4 indicate sell @ 1912 - rejected

pending sell @ 1912 let see can PA break

EDIT
as you can see we have a range 1921 - 1912
breaking 1912 PA should go down to 1905 - 1901 where PA should decide more down to 1891 - 1887
Forex can only be understood backwards, but it must be traded forwards.
  • #1,631
  • Oct 6, 2020 10:56am Oct 6, 2020 10:56am
Quoting prozor7
{quote} GOLD 1921 rejected H4 indicate sell @ 1912 - rejected pending sell @ 1912 let see can PA break EDIT as you can see we have a range 1921 - 1912 breaking 1912 PA should go down to 1905 - 1901 where PA should decide more down to 1891 - 1887
GOLD
close 1/2 @ 1905
SL 1911
Forex can only be understood backwards, but it must be traded forwards.
  • #1,632
  • Oct 6, 2020 12:00pm Oct 6, 2020 12:00pm
that is all for today.

see you tomorrow
Forex can only be understood backwards, but it must be traded forwards.
  • #1,633
  • Oct 6, 2020 1:40pm Oct 6, 2020 1:40pm
Quoting prozor7
GBP did you noticed how GBP loosing momentum on D1 chart step by step? it start with AUD, than NZD, than 3 in same day CHF, CAD & EUR. what left are JPY & USD GBPJPY should enter sell around 135.600 GBPUSD should enter sell around 1.28700 here are the D1 charts {image}here are the H4 charts, see where H4 give sell signal {image}
Prozor, i post your post above on GBP/USD(cable update) forum.
I thinking very interesting overview for who trades pound.. if you don't want, i will delete the post...

Keep safe and trade safe
  • #1,634
  • Oct 6, 2020 2:17pm Oct 6, 2020 2:17pm
Quoting prozor7
{quote} GOLD close 1/2 @ 1905 SL 1911
GOLD
close short @ 1891
Forex can only be understood backwards, but it must be traded forwards.
  • #1,635
  • Oct 6, 2020 2:29pm Oct 6, 2020 2:29pm
Quoting prozor7
GBP did you noticed how GBP loosing momentum on D1 chart step by step? it start with AUD, than NZD, than 3 in same day CHF, CAD & EUR. what left are JPY & USD GBPJPY should enter sell around 135.600 GBPUSD should enter sell around 1.28700 here are the D1 charts {image}here are the H4 charts, see where H4 give sell signal {image}

Losing momentum for what buying or selling?
Very good analysis and charts btw
  • #1,636
  • Oct 6, 2020 2:33pm Oct 6, 2020 2:33pm
Quoting LuckyPunk
{quote} Prozor, i post your post above on GBP/USD(cable update) forum. I thinking very interesting overview for who trades pound.. if you don't want, i will delete the post... Keep safe and trade safe
hi Lucky
thx for the effort. you don't have to delete post. there is no need for this.
Forex can only be understood backwards, but it must be traded forwards.
  • #1,637
  • Oct 6, 2020 2:43pm Oct 6, 2020 2:43pm
Quoting ZTrader123
{quote} Losing momentum for what buying or selling? Very good analysis and charts btw
hi ZTrader,
loosing momentum of buying?

hmm I was convinced that this was clear??? from this sentence "D1 indicate trend change from buy to sell" for GBPCHF and GBPCAD

also for EURGBP from this sentence "D1 indicate trend change from sell to buy"
Forex can only be understood backwards, but it must be traded forwards.
  • #1,638
  • Oct 6, 2020 2:49pm Oct 6, 2020 2:49pm
just in case that my post(s) is (are) not clear enough please ask to elaborate.

I don't want that you loosing money over language barrier
Forex can only be understood backwards, but it must be traded forwards.
  • #1,639
  • Oct 6, 2020 2:50pm Oct 6, 2020 2:50pm
Quoting prozor7
{quote} hi ZTrader, loosing momentum of buying? hmm I was convinced that this was clear??? from this sentence "D1 indicate trend change from buy to sell" for GBPCHF and GBPCAD also for EURGBP from this sentence "D1 indicate trend change from sell to buy"

Thank you my friend and sorry i read too fast sometimes

Also in your experience do you use cross correlation a lot? its something ive recently tried implementing into my trading
I got sell signals on GU because of trend change in EURGBP
Like today how i saw EURGBP making higher lows while GU was making higher highs. To me this shows that they are accumulating GU at good price for shorts.

Anyways thanks for the response and good luck and good trades!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 122 KB
  • #1,640
  • Oct 6, 2020 3:21pm Oct 6, 2020 3:21pm
Quoting ZTrader123
{quote} Thank you my friend and sorry i read too fast sometimes Also in your experience do you use cross correlation a lot? its something ive recently tried implementing into my trading I got sell signals on GU because of trend change in EURGBP Like today how i saw EURGBP making higher lows while GU was making higher highs. To me this shows that they are accumulating GU at good price for shorts. Anyways thanks for the response and good luck and good trades! {image}
no problem ZT,
I watch all 8 symbols that make 28 combinations.
I calculate relations between them, it look like this and you can find it here:
Attached Image (click to enlarge)
Click to Enlarge Name: all28.png Size: 99 KB
Forex can only be understood backwards, but it must be traded forwards.
19 traders viewing now