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4 + 1 (Metals) strategy

  • #221
  • Aug 14, 2019 7:04am Aug 14, 2019 7:04am
Quoting MzansiObi
Morning traders..... H4 bulls turned up to the party following the selloff... D1 still bullish... H1 has flipped bearish again so for now will begin selling any rally into h1 sell zone so long as 1514.9 holds as resistance Zones. H1:sell(1502-1505 D1:buy 1470.48 Will ignore H4 buy zone for now will sell h1 zone and target toward daily buy zone. Levels Upside; 1515 1522 1530 Downside; 1484.3 1478 1463 Pending orders; Sell limit 1st 1505 2nd 1514 SL 1523 Will split the orders half normal lot size as splitting allocation on two trades. Buy limit. 1460...
Two sell orders filled...now we watch......

3rd M5 scalp from earlier stopped out...
4&1 All Time Profit: $37,496
  • #222
  • Aug 14, 2019 8:54am Aug 14, 2019 8:54am
Quoting MzansiObi
...but thibk upside break is on the cards {image}
Looks like you were right. Hope you rode the rise. I am just getting rolling here in US this morning. Hitting 1515 - so looking for buy entry shortly, but looks like its hitting some resistance.
If in doubt, paddle out!
  • #223
  • Aug 14, 2019 9:00am Aug 14, 2019 9:00am
Quoting SurfsUp
{quote} Looks like you were right. Hope you rode the rise. I am just getting rolling here in US this morning. Hitting 1515 - so looking for buy entry shortly, but looks like its hitting some resistance.
Lol, we are knocking off here in SA.....
been looking at these levels bud.

1515 pulled price nicely....of it goes there's still some real estate to the upside that may be worth your while if looking long.....
4&1 All Time Profit: $37,496
  • #224
  • Aug 14, 2019 9:24am Aug 14, 2019 9:24am
Quoting MzansiObi
Morning traders..... H4 bulls turned up to the party following the selloff... D1 still bullish... H1 has flipped bearish again so for now will begin selling any rally into h1 sell zone so long as 1514.9 holds as resistance Zones. H1:sell(1502-1505 D1:buy 1470.48 Will ignore H4 buy zone for now will sell h1 zone and target toward daily buy zone. Levels Upside; 1515 1522 1530 Downside; 1484.3 1478 1463 Pending orders; Sell limit 1st 1505 2nd 1514 SL 1523 Will split the orders half normal lot size as splitting allocation on two trades. Buy limit. 1460...
If it acted as resistance going up, it most likely does the same thing going down ...1505 may support price for a while... If you sold that 1515ish handle lock in some profits and monitor trade......


See you all manyana
4&1 All Time Profit: $37,496
  • #225
  • Aug 14, 2019 11:20pm Aug 14, 2019 11:20pm
Morning Traders.

H1 buy 1515.13-1512.4
H4 buy area 1510.36-1502.17
D1 buy area creeped up towards 1479.23

Price has been trading within confines of the major bearish H4 candle it's extremes at 1486.24 and 1532.63.....
That low is a couple of pips away from d1 buy zone, as such and bearish movement should be aware of possible bullish impulse from there about......


Levels to watch for.....

Upside
1523.4
1529.8(upper extreme of bearish 4hour candle)
1542.05
1559(extended level)

Downside
1514.1
1511.55
1508
1488(extended level)

Pending orders

Will Cautiously;

Sell limit
1535.
SL 1546


Buy 1512
buy 1502

Stops at 1490.

Buy limit also at
1480(D1)
SL1469.86



Trade safely
4&1 All Time Profit: $37,496
  • #226
  • Aug 14, 2019 11:32pm Aug 14, 2019 11:32pm
Clear depiction of buy areas


Trade safe
Attached Image(s) (click to enlarge)
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4&1 All Time Profit: $37,496
  • #227
  • Aug 15, 2019 4:16am Aug 15, 2019 4:16am
Quoting MzansiObi
Morning Traders. H1 buy 1515.13-1512.4 H4 buy area 1510.36-1502.17 D1 buy area creeped up towards 1479.23 Price has been trading within confines of the major bearish H4 candle it's extremes at 1486.24 and 1532.63..... That low is a couple of pips away from d1 buy zone, as such and bearish movement should be aware of possible bullish impulse from there about...... Levels to watch for..... Upside 1523.4 1529.8(upper extreme of bearish 4hour candle) 1542.05 1559(extended level) Downside 1514.1 1511.55 1508 1488(extended level) Pending orders Will Cautiously;...
Closing some of the long trade from first buy limit. SL at BE... Will let the rest run
4&1 All Time Profit: $37,496
  • #228
  • Aug 15, 2019 8:10am Aug 15, 2019 8:10am
Quoting MzansiObi
Downside 1514.1 1511.55 1508 1488(extended level)
Feels like it is heading south. I am playing some shorts around 1511, but I can't quite hit my TPs - set at 1508. Getting close but then shoots back up into 1512 range. Fighting every urge to get out at BE......signs are pointing down, but....
If in doubt, paddle out!
  • #229
  • Aug 15, 2019 9:13am Aug 15, 2019 9:13am
Well that was fun. I know the indicators are in buy zone, but I was playing the momentum. Barely got out of my 1511 short position with my shirt on. Was able to exit my short at 1512.95. Had some loss, but the disaster of 1518 was averted. Looking for a new entry point. Think I'll be patient.
If in doubt, paddle out!
  • #230
  • Aug 15, 2019 9:47am Aug 15, 2019 9:47am
Quoting SurfsUp
Well that was fun. I know the indicators are in buy zone, but I was playing the momentum. Barely got out of my 1511 short position with my shirt on. Was able to exit my short at 1512.95. Had some loss, but the disaster of 1518 was averted. Looking for a new entry point. Think I'll be patient.

Hey bud....
Remember those upside levels posted this morning....
The first upside level has held throughout eu session and so far into the NY session ...up until itbreaks we can use it as resistance back towards those downside targets till they also break....
But momentum wise you're correct bears seem to be in control but that rejection as soon as we hit the downside levels shows bulls not giving up ...ping pong between them till either or breaks
4&1 All Time Profit: $37,496
  • #231
  • Aug 15, 2019 9:57am Aug 15, 2019 9:57am
Update:

Price been playing between our upside and downside targets.....we know if the first upside target folds next up is that 1429 handle and to the downside we get 1508 will add 1498 too to the picture for now....but we remain patient
4&1 All Time Profit: $37,496
  • #232
  • Aug 16, 2019 12:46am Aug 16, 2019 12:46am
Good morning traders

2nd day in a row we closed higher than , 1408.....(marking that level) and Thursdays H4 bulls kicked in whenever price got there.....

4+1 zones:
Time frames of interest all bullish.

H1:1520.78-1518.95
H4:1515.46- 1507.58
D1:from 1484.63.


Level wise intra day.....

Upside:
1528.79
1533.9
1542.4
1549.8

Downside
1515.2
1507.9
1501.83
1495.3

Outlook for the day,
Will look at buying dips near H4 buy area and look at PA near upside and downside levels to catch some pips.

Let's Keep it simple.....
Trade safe and smart.
4&1 All Time Profit: $37,496
  • #233
  • Edited 3:01am Aug 16, 2019 12:48am | Edited 3:01am
Quoting MzansiObi
Good morning traders 2nd day in a row we closed higher than , 1408.....(marking that level) and Thursdays H4 bulls kicked in whenever price got there..... 4+1 zones: Time frames of interest all bullish. H1:1520.78-1518.95 H4:1515.46- 1507.58 D1:from 1484.63. Level wise intra day..... Upside: 1528.79 1533.9 1542.4 1549.8 Downside 1515.2 1507.9 1501.83 1495.3 Outlook for the day, Will look at buying dips near H4 buy area and look at PA near upside and downside levels to catch some pips. Let's Keep it simple..... Trade safe and smart.
Will buy h1 dips once yesterday's second upside level near 1530 handle gets broken and price accumulates thereabout or above it for a while like it did with the first upside level of 1523 yesterday till then will buy H4 and look towards 1530 and also look to sell 1530.....
4&1 All Time Profit: $37,496
  • #234
  • Aug 16, 2019 2:19am Aug 16, 2019 2:19am
Just pointing out;
Some h4 divergence, as such selling rallies will be appropriate. Up until 1528.79 is broken will sell rallies.

Very NB to pick those levels....
We know 1522 and 1526.12 resistance handles intra day posed a challenge assuch will look at PA thereabouts.

Next upside levels can be used as guidance for SLs.....
4&1 All Time Profit: $37,496
  • #235
  • Edited 3:31am Aug 16, 2019 3:14am | Edited 3:31am
Quoting MzansiObi
Just pointing out; Some h4 divergence, as such selling rallies will be appropriate. Up until 1528.79 is broken will sell rallies. Very NB to pick those levels.... We know 1522 and 1526.12 resistance handles intra day posed a challenge assuch will look at PA thereabouts. Next upside levels can be used as guidance for SLs.....
Visual representation of this scenario......
H4 chart clearly showing some buying strength when price enters the zone.....
But the rising prices with the dropping RSI shows bear momentum from/near identified upside levels.,..

H1 chart depicts how price violates and breaks below buy zone but bounces back up(due to H4 divergence and bear momentum) so while still bullish, it's beginning to form a range of sorts till RSI divergence on H4 plays out and price pushes lower or higher......
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: IMG_20190816_100626.png Size: 119 KB
4&1 All Time Profit: $37,496
  • #236
  • Aug 16, 2019 11:11am Aug 16, 2019 11:11am
Quoting MzansiObi
{quote} Visual representation of this scenario...... H4 chart clearly showing some buying strength when price enters the zone..... But the rising prices with the dropping RSI shows bear momentum from/near identified upside levels.,.. H1 chart depicts how price violates and breaks below buy zone but bounces back up(due to H4 divergence and bear momentum) so while still bullish, it's beginning to form a range of sorts till RSI divergence on H4 plays out and price pushes lower or higher...... {image} {image}
Something to consider....
Couple of hours before weekly close.
H1 flipped bearish for now, and it's playing out the range levels as discussed previously.... but H4 bulls still holding onto buy zone....
Weekly close above 1500 will be good for bulls going into next week.....we remain patient and observant.....

Hope green pips all around .....

Trade safe
4&1 All Time Profit: $37,496
  • #237
  • Aug 16, 2019 11:57am Aug 16, 2019 11:57am
Quoting MzansiObi
{quote} Something to consider.... Couple of hours before weekly close.
I was debating a few more trades, but it is a nice 73 F / 23 C and sunny outside right now, so I think I'll visit the shore, have a drink and enjoy the nice week of returns this week. Me in about an hour!
Attached Image (click to enlarge)
Click to Enlarge Name: montauk-drinks.jpg Size: 142 KB

...... Have a great weekend all.
If in doubt, paddle out!
  • #238
  • Aug 16, 2019 1:51pm Aug 16, 2019 1:51pm
Quoting SurfsUp
{quote} I was debating a few more trades, but it is a nice 73 F / 23 C and sunny outside right now, so I think I'll visit the shore, have a drink and enjoy the nice week of returns this week. Me in about an hour! {image} ...... Have a great weekend all.
Hahahahahaha. Legendary thing!!!!!!

Green pips and great weekend to you brother
4&1 All Time Profit: $37,496
  • #239
  • Aug 17, 2019 2:29pm Aug 17, 2019 2:29pm
Happy weekend traders.

As things stand
H1 has flipped bearish sell zone at :1513.58-1514.94
H4 still bullish for now. Buy zone :1514.37-1509.28
D1. Buy zone : 1451.35-1482.09.

Now......RSI divergence from H4 down to H1 seems to be playing out.

So while the swings up and down cannot be discarded seems we may head lower to meet the daily bull before going higher. But it's all speculative and we look to prep for some scenarios and follow price action at certain levels..

H4 bearish divergence remains consistent and favoured while the weeks high hasn't been taken out. And h1 has begun ranging(closing within range high and low) while it's pushing lower, see wicks....Lower targets could see a bounce around that 1497.8 handle... Depicted on h1 chart.



H4 buy zone may try retest higher as it all plays out....
Should previous H4 swing low not hold then daily bulls
may kick in....

Visuals explain it thouroughly.

Some levels of interest ahead of next week are as follows.

To the upside
1522.8
1527.94
1530.21
1544.24
1564.3

Downside
1509.2
1497.58
1488.05
1475.02
1453.94



Happy Trading
Cheers to another good week ...
Attached Image(s) (click to enlarge)
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4&1 All Time Profit: $37,496
  • #240
  • Aug 17, 2019 5:33pm Aug 17, 2019 5:33pm
Quoting MzansiObi
Happy weekend traders. As things stand H1 has flipped bearish sell zone at :1513.58-1514.94 H4 still bullish for now. Buy zone :1514.37-1509.28 D1. Buy zone : 1451.35-1482.09. Now......RSI divergence from H4 down to H1 seems to be playing out. So while the swings up and down cannot be discarded seems we may head lower to meet the daily bull before going higher. But it's all speculative and we look to prep for some scenarios and follow price action at certain levels.. H4 bearish divergence remains consistent and favoured while the weeks high hasn't...
In your chart... there is 4 crop circle. A little weird....
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