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MzansiObi replied Jun 14, 2019Interesting ....... The volume at these areas is what's of interest to me at this point..... Let's see what fuel data brings along. If this wedge breaks out to her downside we will drop it like it's hot.......
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 14, 2019Lols thats from last night........ Big money move
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 14, 2019Lmao tried to visualise that........ couldn't. It did soar.......watching patiently. Couple of hard stops @ 1360. Had the option of taking partial profits on that but dip.....didn't. Let's see if it holds or folds.......
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019Agreed bud. Hence why I mentioned that 1353 handle. There's nothing wrong with buying dips don't get me wrong. The trend has been bullish and after the 4hr consolidated for a while it has shot up. My only issue is the heavy resistance handle price ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019Bulls are having fun aren't they.... Just sceptical buying so high up bud/buying into key resistance We are at key resistance levels. I'm looking for shorts. Bit of Drawdown at the moment with just one buy hedge from 1333.... Nice one Froggs
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019Morning Gang Gang..... Looking at two levels with interest today. 1345 and 1353.4 1333 handle as support for the bull power again Trade safe it's Friday.......
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019url And there we go. No surprises here I suppose
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019Watching 1341.5 - 1342.5. Marking possible High for the day is at 1347. Trade safe.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019If you do that you got to wait for specific levels and get in and out quick bud. If you look at what's been happening today, where has price been getting rejected? Both upside and downside? So what would you look to do at those levels? But again ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019Good now we keep recycling and do it all over again
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019Closing half the trade.SL moved to BE. Why? Due to the drawdown on the shorts I have been adding when it bounced of support earlier in the week. I wanna bank and lock some profit atleast. If the stops get taken out, I've already bagged some profit ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019Looking at 1.1260 as low Target. Closed my shorts a little early. Will wait for pullback on M15 or just wait for price to get there and look for a buy signal around there(1.1260/40)....... Good entry bud
EURUSD only
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MzansiObi replied Jun 13, 2019Due to its correlation with Gold. Open up your EU chart,zoom out and look at the h1 and 4 hr charts respectively. Well worth the try on EU aswell. Again money and risk management very key. Stay safe
4 + 1 (Metals) strategy
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MzansiObi replied Jun 13, 2019Well the moment we are making a series of HH and LL for uptrend on the 4 hourly or hourly chart then you will see the market is trending. But of we are bouncing back and forth from two levels and the moving averages are flat then we know to stay out ...
4 + 1 (Metals) strategy
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MzansiObi replied Jun 13, 2019Hi guys. Yeah by all means automate it and let us know. If we can get an early going and have it running on those time frames it may be worth a shot. Will try and post more charts and setups as of next week. The key thing here though is patience and ...
4 + 1 (Metals) strategy
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MzansiObi replied Jun 13, 2019Shorts filled at 1338.16.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019Noted bud. Am just on the look out for a POTUS tweet. Lol
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jun 13, 2019Gold shorts could experience more drawdown. Lol 1346 maybe on the cards? That would really be an extreme though ..... POTUS will tweet about this am sure......
XAU/USD & XAG/USD - Gold & Silver Traders Thread