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4 + 1 (Metals) strategy

  • #821
  • Sep 10, 2019 4:25am Sep 10, 2019 4:25am
Good day Y'all!!!
For now i would prefer to only short gold...it seeming support is refusing to hold for a longer while...
blue pips to all!!!
  • #822
  • Sep 10, 2019 4:33am Sep 10, 2019 4:33am
Just entered a couple of long scalps.....aiming for last weeks low tp1, tp2 open
  • #823
  • Sep 10, 2019 4:39am Sep 10, 2019 4:39am
Quoting Jp1
Just entered a couple of long scalps.....aiming for last weeks low tp1, tp2 open
Is that 1502
  • #824
  • Sep 10, 2019 4:43am Sep 10, 2019 4:43am
Quoting Spirit4eva
{quote} Lol! your stop is wider than the ocean
HAHAHAHAH.
Its fine....Avoid some noise and erratic moves.
Long term this thing is still poised to go up up and away..
4&1 All Time Profit: $37,496
  • #825
  • Sep 10, 2019 4:48am Sep 10, 2019 4:48am
Quoting Spirit4eva
{quote} Is that 1502
Yes mate, needs to clear yestedays low first, so might be a bit ambitious first attempt
  • #826
  • Sep 10, 2019 4:52am Sep 10, 2019 4:52am
Quoting Jp1
{quote} Yes mate, needs to clear yestedays low first, so might be a bit ambitious first attempt
Jip, and that low is now near the 1496 handle mentioned.
Also coincides with where the current h1 sell zone sits....,
So am looking at h1 sellers pushing lower to allow an entry from lower to go long.....


worth noting, London bought this thing, so some handles to the bottom wont be easily given up.....
4&1 All Time Profit: $37,496
  • #827
  • Sep 10, 2019 4:57am Sep 10, 2019 4:57am
Quoting MzansiObi
{quote} Jip, and that low is now near the 1496 handle mentioned. Also coincides with where the current h1 sell zone sits...., So am looking at h1 sellers pushing lower to allow an entry from lower to go long..... worth noting, London bought this thing, so some handles to the bottom wont be easily given up.....
Could happen....its a very weak effort up at the mo! making me nervous on my longs - hoping for a quick pop and ill run with my pips!
  • #828
  • Sep 10, 2019 5:31am Sep 10, 2019 5:31am
Quoting Jp1
{quote} Could happen....its a very weak effort up at the mo! making me nervous on my longs - hoping for a quick pop and ill run with my pips!
Dont be nervous, you will be able to get out with some sheckles.

Some stuff are beginning to point up, and youre quite close to some support levels so im thinking no free falling without touching m15 200atleast., remeber h4 sellers havent joined the party yet too.....
4&1 All Time Profit: $37,496
  • #829
  • Sep 10, 2019 6:31am Sep 10, 2019 6:31am
i am short gold for a moment, with TP 1488.60 because "china and us need find solution" news... if gold break low again, maybe level will play again
  • #830
  • Sep 10, 2019 7:09am Sep 10, 2019 7:09am
Quoting MzansiObi
{quote} 1485 has held and has found a bit of resistance around 1496 again.... we take it one level at a time....it becomes very NB to monitor PA around these intra day/weekly levels.... Short 1494.54 SL 1508 TP Open Buy Limit 1485.75 SL 1470 Trade Safe
Have closed some of that short position and stops are trailing......let's see if buy order can be filled.....patiently waiting
4&1 All Time Profit: $37,496
  • #831
  • Sep 10, 2019 7:18am Sep 10, 2019 7:18am
Quoting MzansiObi
{quote} Have closed some of that short position and stops are trailing......let's see if buy order can be filled.....patiently waiting
My longs arent looking so healthy!
  • #832
  • Sep 10, 2019 7:48am Sep 10, 2019 7:48am
Quoting Jp1
{quote} My longs arent looking so healthy!
Relax the daily bull zone has a strong support zone bud.so long as we haven't touched the M15.......this thing will pop back up before testing lower support levels of daily buy zone.


What are your entries again......
4&1 All Time Profit: $37,496
  • #833
  • Sep 10, 2019 7:54am Sep 10, 2019 7:54am
Quoting MzansiObi
{quote} Relax the daily bull zone has a strong support zone bud.so long as we haven't touched the M15.......this thing will pop back up before testing lower support levels of daily buy zone. What are your entries again......
and if gold close as hammer candle, it will be a new bullish
  • #834
  • Sep 10, 2019 7:55am Sep 10, 2019 7:55am
Quoting MzansiObi
{quote} Relax the daily bull zone has a strong support zone bud.so long as we haven't touched the M15.......this thing will pop back up before testing lower support levels of daily buy zone. What are your entries again......
Initial two entries 1494 (crap i know!).....added a long at h4 200 at 1491.....improved in the last 30mins!
Attached Image (click to enlarge)
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  • #835
  • Sep 10, 2019 8:31am Sep 10, 2019 8:31am
Quoting Jp1
{quote} Initial two entries 1494 (crap i know!).....added a long at h4 200 at 1491.....improved in the last 30mins! {image}
Closed two at 97, and left a runner
  • #836
  • Sep 10, 2019 8:39am Sep 10, 2019 8:39am
Quoting anilamil
{quote} and if gold close as hammer candle, it will be a new bullish
That would be impressive to be honest...But then remember if it does close with a hammer, unless we are back above the 1500 handle and it closes insdie the buy zone, it will still leave room for a revisit of the 1486/7 handles, confuleunce of intra day and weekly levels lie down here...we remain patient with it though
4&1 All Time Profit: $37,496
  • #837
  • Sep 10, 2019 8:44am Sep 10, 2019 8:44am
well from what i see, if gold close daily with hammer, it will be closed above 1500.xx , if not, means not hammer yet , so yeah
  • #838
  • Sep 10, 2019 9:04am Sep 10, 2019 9:04am
Quoting anilamil
well from what i see, if gold close daily with hammer, it will be closed above 1500.xx , if not, means not hammer yet , so yeah
heheheheh touche bud, not to be too particular, but it could still form a bit of a body to the downside and still leave us with a long wick to the downside....but lets be patient and see, NY just been open for two hours so plenty of time for it to move about
4&1 All Time Profit: $37,496
  • #839
  • Sep 10, 2019 9:06am Sep 10, 2019 9:06am
Quoting Jp1
{quote} Closed two at 97, and left a runner
Lol i yeah there we go, i hope you get in on the action around the m15 200 the downside target from there is clear......we can target the h4 200 ema.
one level at a time.....
4&1 All Time Profit: $37,496
  • #840
  • Sep 10, 2019 9:16am Sep 10, 2019 9:16am
Quoting MzansiObi
{quote} Lol i yeah there we go, i hope you get in on the action around the m15 200 the downside target from there is clear......we can target the h4 200 ema. one level at a time.....
Cheers mate - i always get nervous scalping against the current trend (on the shorter tfs) and when my instincts still say short! Runner hit tp at 1500.....so good day in the end. As u know fella, im always hunting around that 50ema!
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