Pro7 PA trading analysis 28+GOLD | Page 299 | Crypto Craft

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Pro7 PA trading analysis 28+GOLD

  • #5,961
  • Oct 26, 2021 12:24am Oct 26, 2021 12:24am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #5,962
  • Oct 26, 2021 12:58am Oct 26, 2021 12:58am
GOLD
pay attention to H1 1801 - 1799

if hold up to 1810 - 1818
if break down to 1795 - 1788
Forex can only be understood backwards, but it must be traded forwards.
  • #5,963
  • Oct 26, 2021 1:30am Oct 26, 2021 1:30am
Quoting prozor7
{quote} careful H4 indicate buy @ 0.74948 push to 0.75319
AUDUSD
pay attention to 0.75211 - 0.75003

breaking
up 0.75548 - 0.75700
down 0.74457 - 0.74218
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,964
  • Oct 26, 2021 1:41am Oct 26, 2021 1:41am
GBPCAD
H4 losing buy momentum indicate sell @ 0.70479
Forex can only be understood backwards, but it must be traded forwards.
  • #5,965
  • Oct 26, 2021 1:45am Oct 26, 2021 1:45am
Quoting prozor7
{quote} AUDUSD pay attention to 0.75211 - 0.75003 breaking up 0.75548 - 0.75700 down 0.74457 - 0.74218 {image}

At H1 is good to seen that AUDUSD is very good trending upwards, I see it now. 0.7480 is now the lower end.
  • #5,966
  • Oct 26, 2021 2:02am Oct 26, 2021 2:02am
Quoting prozor7
GBPCAD H4 losing buy momentum indicate sell @ 0.70479
GBPCAD
fishing pending sell @ 1.70479 PA just print my SL @ 1.70642

now pay attention how PA will act @ 1.70642
Forex can only be understood backwards, but it must be traded forwards.
  • #5,967
  • Oct 26, 2021 2:09am Oct 26, 2021 2:09am
Oil was at very good place yesterday for selling, at the top end of its channel. If it comes there again would be good place I think for selling.
  • #5,968
  • Oct 26, 2021 2:35am Oct 26, 2021 2:35am
Quoting prozor7
{quote} GBPCAD fishing pending sell @ 1.70479 PA just print my SL @ 1.70642 now pay attention how PA will act @ 1.70642

That is exactly the resistant line from the daily, 1.7070. If that breaks than more room for upwards.
  • #5,969
  • Oct 26, 2021 2:41am Oct 26, 2021 2:41am
Quoting prozor7
GOLD pay attention to H1 1801 - 1799 if hold up to 1810 - 1818 if break down to 1795 - 1788
GOLD
here we are 1801
Forex can only be understood backwards, but it must be traded forwards.
  • #5,970
  • Oct 26, 2021 3:41am Oct 26, 2021 3:41am
GBPCAD
here is chart
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,971
  • Oct 26, 2021 3:50am Oct 26, 2021 3:50am
GBPCAD
if you wander why PA doesn't move? it is because they are correlated in UP move
Attached Image
Forex can only be understood backwards, but it must be traded forwards.
  • #5,972
  • Oct 26, 2021 5:30am Oct 26, 2021 5:30am
Quoting prozor7
GBPCAD if you wander why PA doesn't move? it is because they are correlated in UP move {image}
Hey Pro
I have a question is it possible that gold in two time frames is correlated and coz of that PA doesnot work
Thank you
  • #5,973
  • Oct 26, 2021 5:59am Oct 26, 2021 5:59am
Quoting OwaisJam
{quote} Hey Pro I have a question is it possible that gold in two time frames is correlated and coz of that PA doesnot work Thank you
yes
let say for an example:
D1 buy define buy trend that should last for couple of days
H4 buy define buy trend that should last for couple of hours (even days)

so D1 buy & H4 buy confirm that D1 trend and they are correlated

in D1 buy & H4 sell PA have a pullback that should last ..... and they are not correlated
Forex can only be understood backwards, but it must be traded forwards.
  • #5,974
  • Oct 26, 2021 6:11am Oct 26, 2021 6:11am
Quoting prozor7
{quote} yes let say for an example: D1 buy define buy trend that should last for couple of days H4 buy define buy trend that should last for couple of hours (even days) so D1 buy & H4 buy confirm that D1 trend and they are correlated in D1 buy & H4 sell PA have a pullback that should last ..... and they are not correlated
Thank you for confirmation i was working on that but now confirmed i will adjust my trades this way now...
  • #5,975
  • Oct 26, 2021 6:20am Oct 26, 2021 6:20am
Quoting OwaisJam
{quote} Hey Pro I have a question is it possible that gold in two time frames is correlated and coz of that PA doesnot work Thank you
here is an example of D1 & H4 discrepancy
Attached Image (click to enlarge)
Click to Enlarge Name: correl.png Size: 63 KB
Forex can only be understood backwards, but it must be traded forwards.
  • #5,976
  • Oct 26, 2021 9:05am Oct 26, 2021 9:05am
GOLD
pay attention D1 @ 1788 indicate sell mode
Forex can only be understood backwards, but it must be traded forwards.
  • #5,977
  • Oct 26, 2021 9:56am Oct 26, 2021 9:56am
Pro, what do you think about USDJPY.

In the weekend I was thinking going all in in that pair, long. I did not do it unfortunately, I think I should
  • #5,978
  • Oct 26, 2021 11:33am Oct 26, 2021 11:33am
Quoting Eren10
Pro, what do you think about USDJPY. In the weekend I was thinking going all in in that pair, long. I did not do it unfortunately, I think I should
I would like to see pullback from 114.351 to 113.991 - 113.865 - 113.714 where I would look for buy

@ 114.225 is to late
Forex can only be understood backwards, but it must be traded forwards.
  • #5,979
  • Oct 27, 2021 12:27am Oct 27, 2021 12:27am
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
  • #5,980
  • Oct 27, 2021 12:31am Oct 27, 2021 12:31am
Quoting prozor7
good morning to all
Good morning have green pips day
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