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4 + 1 (Metals) strategy

  • #181
  • Aug 6, 2019 7:45pm Aug 6, 2019 7:45pm
Quoting Boo15
{quote} Long at 1474.84, no TP, 20 pip TS
Trailing won't be such a bad idea...... Theres no telling if it will dip or not.....but protecting some capital is always a good idea
4&1 All Time Profit: $37,496
  • #182
  • Aug 6, 2019 7:49pm Aug 6, 2019 7:49pm
Quoting MzansiObi
{quote} Trailing won't be such a bad idea...... Theres no telling if it will dip or not.....but protecting some capital is always a good idea
Ja, hardly ever set a TP, normally just TS and take what she gives!
From tiny pips mighty oaks grow
  • #183
  • Aug 6, 2019 7:57pm Aug 6, 2019 7:57pm
Quoting Boo15
{quote} Ja, hardly ever set a TP, normally just TS and take what she gives!
Alright Dave.......it's much more effortless when you don't fight the market and rather roll with it.......

H1 setups have moved up slightly......
H1 buy area uptowards
1470 handle....
Trying to respect the structures being mapped out at the moment.....some harmonic patterns beginning to pop out too for a long term sell setup will wait for a red daily close for that though......trade safely.......
4&1 All Time Profit: $37,496
  • #184
  • Aug 6, 2019 8:19pm Aug 6, 2019 8:19pm
Quoting Boo15
{quote} Ja, hardly ever set a TP, normally just TS and take what she gives!
Interesting strategy. How actively do you trade? I'm pretty hands off, trading in my spare time which means I play it safe and have "targets" on either side.
  • #185
  • Aug 6, 2019 8:48pm Aug 6, 2019 8:48pm
Quoting bigtx
{quote} Interesting strategy. How actively do you trade? I'm pretty hands off, trading in my spare time which means I play it safe and have "targets" on either side.
Hey bigtx, having targets is perfectly ok, I also trade part time at the moment...normally when I'm supposed to be working..
Keep em green buddy
From tiny pips mighty oaks grow
  • #186
  • Aug 6, 2019 8:51pm Aug 6, 2019 8:51pm
Quoting MzansiObi
Morning traders...... So went against the system rules and got smacked yesterday.....position size was also messy.... Took the loss up the chin. Back to basics.... Call for today is to be cautioussly bullish.... H1 buy area is between 1459-63. H4 buy area lower from 1452. Key levels looking at today in terms of support and resistance Downside 1451.8 1444.6 1437.1 Upside 1474.6 1487.3 1500(psych level) As such cautiously bullish pending buy order at: Buy limit: 1451.8 SL 1440 Sell Limit: 1488 SL 1505 Trade safe.....
1488 sell limit filled.....
Let's see how it goes.....bit of a rally going on at the moment.....1500 during Asian session seeming very possible
4&1 All Time Profit: $37,496
  • #187
  • Aug 7, 2019 2:47am Aug 7, 2019 2:47am
Some levels for today.....
Obvious bull market as things stand.....

Upside targets for bulls
1493,8
1500
1506.2

Downside targets
1471.64
1461
1453

Looking at buying dips on/near
1480.20(h1 buy setup)
H4 buy setup lies near 1466.6
1471.64(interim support handle)
SL 1465

Selling rallies towards
1500
1505
SL 1510.5

Politics of the day will fuel moves.....will try get in close to support and resistance areas or rather just stay out with anything else inbetween....

Let's bag pips
4&1 All Time Profit: $37,496
  • #188
  • Aug 8, 2019 1:22am Aug 8, 2019 1:22am
Morning traders.

Kudos to guys that have stayed the path of the strategy and bought accordingly to h1 levels this week.
Banked and rolled some profit.


I been looking at other key levels to look for sell setups due to the extreme bull rally we have seen.
Past two days have been smacked.....
Level wise price got there but juts got Stops and turned....it happens from time to time. Had I had buy setups from buy signals it would've cushioned the blow. I closed the 1409 long this week when price hit 1490(bad decision should've kept trailing, lesson learnt)
Further more levels we have printed here and setups we have printed have yielded profits.....some troll has been blowing my phone up about a couple of sell setups that got stopped out but he/she/other totally forgets or selectively forgets to acknowledge the majority of profit yielding setups. As such will be linking a live micro account to this so that said troll can keep shut....we are here to trade,make money and assist others who are starting out etc....


Okay enough venting.....

H1 buy setups
From 1498
H4 buy setups
From 1486.94
Daily buy zone sits:
at 1448.63.

Some calculations print out the following levels possible SnR levels:

Upside
1511
1520.8
1525.9

Downside
1492
1480
1472.


Let's trade safel
4&1 All Time Profit: $37,496
  • #189
  • Aug 8, 2019 2:05am Aug 8, 2019 2:05am
Some visual illustrations.

The H4 RSI has just gotten into OB territory.
Daily also pointing towards it.....
H1 showing some bearish divergence so sellers may be coming into the picture again....looking at bearish candles on h1.

H1 setups clearly showing effectiveness.
H4 buy zones are yet to come into play for now will look at possible bearish movement towards H4 buy zone and then d1 buy zone if the bearish momentum and divergence on h1 plays out.....


Stay green.
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4&1 All Time Profit: $37,496
  • #190
  • Aug 9, 2019 1:06am Aug 9, 2019 1:06am
Morning traders...
Buy levels
H1:1503.68-1500.29
H4 :From 1495.41
Some levels worth pointing out today...


Upside:
1529
1519
1510.4
Downside:

1499.1
1488
1472.1

Outlook for today is to buy dips towards
1499.1
SL 1485

Trade safely
4&1 All Time Profit: $37,496
  • #191
  • Aug 9, 2019 6:32am Aug 9, 2019 6:32am
Quoting MzansiObi
Morning traders... Buy levels H1:1503.68-1500.29 H4 :From 1495.41 Some levels worth pointing out today... Upside: 1529 1519 1510.4 Downside: 1499.1 1488 1472.1 Outlook for today is to buy dips towards 1499.1 SL 1485 Trade safely
how long do you think gold is going to consolidate?
  • #192
  • Aug 9, 2019 8:02am Aug 9, 2019 8:02am
H4 buy setups have come into play aswell now.
Stops for the day just below 1488.



Let's see how it knocks on heading into last session for the week
4&1 All Time Profit: $37,496
  • #193
  • Aug 9, 2019 8:04am Aug 9, 2019 8:04am
Quoting benjip
{quote} how long do you think gold is going to consolidate?
Hey Benji....
In terms of time that would be a schoolboy error of mine to try and call time on a move....all we can do is look at the momentum and PA at out levels and look to enter when our conditions are met.... Yesterday and today path of least resistance has been to the downside....but we know bulls could look to come back in at certain levels that we have highlighted....
Trade safe bud
4&1 All Time Profit: $37,496
  • #194
  • Aug 9, 2019 8:28am Aug 9, 2019 8:28am
Quoting MzansiObi
{quote} Hey Benji.... In terms of time that would be a schoolboy error of mine to try and call time on a move....all we can do is look at the momentum and PA at out levels and look to enter when our conditions are met.... Yesterday and today path of least resistance has been to the downside....but we know bulls could look to come back in at certain levels that we have highlighted.... Trade safe bud
Thanks bud.
i'm new to trading so still learning
  • #195
  • Aug 9, 2019 9:39am Aug 9, 2019 9:39am
Quoting benjip
{quote} Thanks bud. i'm new to trading so still learning
We will walk with you bro.
Where we can help and where you have questions we will help.
4&1 All Time Profit: $37,496
  • #196
  • Aug 9, 2019 9:43am Aug 9, 2019 9:43am
Update:
H4 buy (1497 ) closed.
Leaving 1499 buy order runnin haven't closed halve stops just at BE
4&1 All Time Profit: $37,496
  • #197
  • Aug 9, 2019 2:24pm Aug 9, 2019 2:24pm
Quoting MzansiObi
Update: H4 buy (1497 ) closed. Leaving 1499 buy order runnin haven't closed halve stops just at BE
Are you closing all positions to avoid the gap? Just curious, I’m considering it.
careful not to step in a pile of it
  • #198
  • Aug 9, 2019 3:29pm Aug 9, 2019 3:29pm
Quoting MzansiObi
{quote} We will walk with you bro. Where we can help and where you have questions we will help.
Yes...MzansiObi is a good coach. I had a nice 20% return this week mostly playing this system.
If in doubt, paddle out!
  • #199
  • Aug 10, 2019 3:06am Aug 10, 2019 3:06am
Quoting bulltrap
{quote} Are you closing all positions to avoid the gap? Just curious, I’m considering it.
Wanted to lock in some profit ahead of weekly close.Minimize risk going into the weekend with positions.......trump might surprise us with a tweet or two....
4&1 All Time Profit: $37,496
  • #200
  • Aug 10, 2019 3:07am Aug 10, 2019 3:07am
Quoting SurfsUp
{quote} Yes...MzansiObi is a good coach. I had a nice 20% return this week mostly playing this system.
Hey bud, humbled by your progress with the system. Am glad you stuck the path and reaping the rewards...New week new possibilities.......
4&1 All Time Profit: $37,496
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