Pro7 PA trading analysis 28+GOLD | Page 167 | Crypto Craft

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Pro7 PA trading analysis 28+GOLD

  • #3,321
  • Feb 3, 2021 12:54am Feb 3, 2021 12:54am
Quoting kCBHk
{quote} Let's see if it can break 1840, could be another breakout if he can move above 1840.
I closed safe at 1941, stay green!!!
  • #3,322
  • Feb 3, 2021 2:15am Feb 3, 2021 2:15am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #3,323
  • Feb 3, 2021 2:41am Feb 3, 2021 2:41am
Quoting prozor7
good morning to all
Good morning prozor..
  • #3,324
  • Feb 3, 2021 2:51am Feb 3, 2021 2:51am
Eurusd possibly sell down. Tp 120.113
  • #3,325
  • Feb 3, 2021 2:59am Feb 3, 2021 2:59am
Cadchf possibly sell. Tp 0.701
  • #3,326
  • Feb 3, 2021 4:15am Feb 3, 2021 4:15am
Gbpaud possibly sell to the downside on the daily and weekly.
  • #3,327
  • Feb 3, 2021 4:16am Feb 3, 2021 4:16am
Hello
Ret
  • #3,328
  • Feb 3, 2021 4:26am Feb 3, 2021 4:26am
Whats our forecast for gold today?
Ret
  • #3,329
  • Feb 3, 2021 4:33am Feb 3, 2021 4:33am
Quoting CuriousTrade
Whats our forecast for gold today?
welcome CT,

first post after short "hello" leave impression of "another silver food trader", my suggestion; if you like to avoid that is to present yours trading plan for GOLD than ask for opinion, I will gladly share mine
Forex can only be understood backwards, but it must be traded forwards.
  • #3,330
  • Feb 3, 2021 4:39am Feb 3, 2021 4:39am
My gold trading plan is to not trade gold. Gold is in a consolidation since jan 11 2021. Today im expecting it to go up for a bit and slide down again.
Ret
  • #3,331
  • Feb 3, 2021 4:42am Feb 3, 2021 4:42am
Gold etf q3 2020.
Attached Image (click to enlarge)
Click to Enlarge Name: 767155C8-9C09-46A2-AA31-645391439F2B.png Size: 329 KB
Ret
  • #3,332
  • Feb 3, 2021 4:51am Feb 3, 2021 4:51am
Quoting CuriousTrade
Gold etf q3 2020. {image}
can you explain what this image represent, I don't understand

thx
Forex can only be understood backwards, but it must be traded forwards.
  • #3,333
  • Feb 3, 2021 4:59am Feb 3, 2021 4:59am
Quoting prozor7
{quote} can you explain what this image represent, I don't understand thx
It represents the positions of hedge funds and big market players that traded the GLD etf in Q3 2020.

As you can see in the image they dumped their shares and this was reported nov 2020. *each gld share cost 170 usd. Gld etf seeks to reflect the price of gold. It allows people to invest in gold without owning the physical asset.

this data can also be seen in sec.gov
Attached Image (click to enlarge)
Click to Enlarge Name: 9AC80666-D09A-4262-A3A4-4CAD5E9AB6C4.png Size: 275 KB
Ret
  • #3,334
  • Feb 3, 2021 4:59am Feb 3, 2021 4:59am
Quoting prozor7
{quote} AUDJPY D1 entering buy mode above 80.093 H4 sell PA above 80.188 indicate buy pending buy @ 80.177 TP 81.147 SL 80.000 {image}
AUDJPY
knocking on 80.093
Forex can only be understood backwards, but it must be traded forwards.
  • #3,335
  • Feb 3, 2021 5:09am Feb 3, 2021 5:09am
Quoting CuriousTrade
{quote} It represents the positions of hedge funds and big market players that traded the GLD etf in Q3 2020.
ok what is hedge funds positions @ what price?

please explain columns, how to read those numbers.... we can learn something new and interesting here.

thx
Forex can only be understood backwards, but it must be traded forwards.
  • #3,336
  • Feb 3, 2021 5:15am Feb 3, 2021 5:15am
Quoting prozor7
{quote} ok what is hedge funds positions @ what price? please explain columns, how to read those numbers.... we can learn something new and interesting here. thx
I think its self explanatory. I will just post the link here of the gld etf so people can check if they want

*for the position, buying gld etf means you are bullish in gold. Same as to enter a call option. While put is bearish. We cannot see the exact price they entered but sometimes it will show the average price in the column.

https://whalewisdom.com/stock/uup?selected_quarter=79
Ret
  • #3,337
  • Feb 3, 2021 5:15am Feb 3, 2021 5:15am
Quoting CuriousTrade
{quote} It represents the positions of hedge funds and big market players that traded the GLD etf in Q3 2020. As you can see in the image they dumped their shares and this was reported nov 2020. *each gld share cost 170 usd. Gld etf seeks to reflect the price of gold. It allows people to invest in gold without owning the physical asset. this data can also be seen in sec.gov {image}
thx

can we know current position of the hedge funds?
Forex can only be understood backwards, but it must be traded forwards.
  • #3,338
  • Feb 3, 2021 5:17am Feb 3, 2021 5:17am
Quoting CuriousTrade
Whats our forecast for gold today?
thx for the effort explaining images.

GOLD
I'm expecting dance on H4 in range 1829 - 1848

EDIT
my plan is to short @ 1848 TP 1813 - 1811

still holding short from 1864
Forex can only be understood backwards, but it must be traded forwards.
  • #3,339
  • Feb 3, 2021 5:46am Feb 3, 2021 5:46am
GOLD
D1 enter sell mode - buy above 1845 otherwise sell to 1811
H4 enter buy mode - sell below 1829 PA can go up to 1848

so I will wait for better sell position, if PA didn't get there I'm already in.

waiting is part of the game
Forex can only be understood backwards, but it must be traded forwards.
  • #3,340
  • Feb 3, 2021 6:08am Feb 3, 2021 6:08am
79.900 for me is support/ resistance for aujpy. Look what pa does around this area.
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