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MzansiObi replied Feb 4, 2020I havent been factoring it in to be honest, have tried to keep the analysis strictly based on what the chart is saying and then moving towards risk management by trailing....for now its continued making this series of lower lows and lower highs as ...
Energetic H1 Strategy (Crude/Brent/Gas)
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MzansiObi replied Feb 4, 2020Morning Bite, Would you mind to elaborate a little on this for clarity?
4 + 1 (Metals) strategy
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MzansiObi replied Feb 4, 202005 January 2020 Pullback into daily buy Zone following the break of the H1 200 MA level, we had been preparing and waiting on price to drop from much higher but instead it broke support during the London open hour and just never managed to get back ...
4 + 1 (Metals) strategy
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MzansiObi replied Feb 4, 2020NOt entirely bud.....Bears merely on the upper hand following weeks of onslaught.....Hhehe Watch for the daily close....
4 + 1 (Metals) strategy
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MzansiObi replied Feb 4, 2020Update: The 1555 handle becomes key now, Daily close below that not a good signal for bulls while a close above it give the D1 buy zone bulls a chance, unless already short as did Bitefx, the best thing becomes to wait it out and see how the daily ...
4 + 1 (Metals) strategy
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MzansiObi replied Feb 4, 202004 February XTIUSD First sell setup filled for the week.... Levels of interest for the day are as follows: 52.7 51.34 51.22 51 49.54 Green Pips
Energetic H1 Strategy (Crude/Brent/Gas)
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MzansiObi replied Feb 4, 2020Sell Setup finally reached and filled. Stops at BE + lets see...
WTI Crude Oil Trading
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MzansiObi replied Feb 4, 2020Nice, well, it fitts in line with the upper band of the D1 upper band so lets see.. But now we have gotten below the H1 200 and also below the M15 200, as such now will look to begin selling rallies intra day.....
4 + 1 (Metals) strategy
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MzansiObi replied Feb 4, 2020Great pickup, the fact that the London Opening Hour Candle got pushed back below the H1 200 isnt a good sign for bulls and my long. I might just ditch it now and look for next setup....clear rejection from just below that H1 sell zone.... Lets ...
4 + 1 (Metals) strategy
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MzansiObi replied Feb 3, 20204 January 2020 Consolidation of price has seen us dip lower to begin the week, however, although we expect a bullish continuation, the pullback in price together with the momentum and chart structure, shows that we may be due for a correction before ...
4 + 1 (Metals) strategy
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MzansiObi replied Feb 3, 2020Tagged the lows we were looking for, now looking to see if the highs can be challenged as mentioned by Farukh and Bite to complete the H1 HnS...patience....
4 + 1 (Metals) strategy
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MzansiObi replied Feb 3, 2020Very much possible mate, but would look to sell these intra day rallies as opposed to looking to go short on the break out as wew are testing a critical support level at the moment, it held on well so far and some divergence beginning to creep in on ...
WTI Crude Oil Trading
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MzansiObi replied Feb 3, 2020Not taking partial profits, just adjusting the stop loss to entry point Let it run risk free....
WTI Crude Oil Trading
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MzansiObi replied Feb 3, 2020Agreed. Here is what im looking at and thinking. That 88/87 level would creat the right hand shoulder for the H1 HnS pattern as Bite mentioned, but the m15 200 handle remains a key resistance point, as such if it carries on capping price, am looking ...
4 + 1 (Metals) strategy
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MzansiObi replied Feb 3, 2020Short bias and outlook seems to be intact, price did catch a bid but didnt push high enough for my short to get filled, but just looking at Daily range, i am long here 50.09 SL 48.86 Tp Open... Im still of the opinion we dropped too quick too soon ...
WTI Crude Oil Trading
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MzansiObi replied Feb 3, 2020Update: H1 Zone has flipped bearish, but following the bullish bounce off of the 200, it becomes a buy dip near 1474.10 \ With an immediate target at 1591....H1 Nullish RSI divergence in play now... Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied Feb 3, 2020The RSI and stoch beginning to show some bullish divergence, will be a slow and steady race id say.... But that m15 200 handle is the first point of resistance now, so long as we keep dipping back below it then the bulls aren’t really kicking on ...
4 + 1 (Metals) strategy