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4 + 1 (Metals) strategy

  • #1,181
  • Sep 22, 2019 2:51pm Sep 22, 2019 2:51pm
Quoting Spirit4eva
{quote} Thanks mahn!! was already bout reminding you bout the pdf bro..... so when i add the intra day levels on my chart, what do i do afterwards?? do i keep watching for what price does at those levels?? Thanks a ton boss!!
Yeah, but for instance now, depending on where price opens relative to those levels, the bias is to buy, we need to see where our buy and sell zones are after the market opens and then use these together with those zones to time entries
4&1 All Time Profit: $37,496
  • #1,182
  • Sep 22, 2019 2:58pm Sep 22, 2019 2:58pm
Quoting MzansiObi
{quote} Yeah, but for instance now, depending on where price opens relative to those levels, the bias is to buy, we need to see where our buy and sell zones are after the market opens and then use these together with those zones to time entries
Ok!! mahn......fingers crossed
  • #1,183
  • Sep 22, 2019 2:59pm Sep 22, 2019 2:59pm
Quoting Spirit4eva
{quote} Ok!! mahn......fingers crossed
Lol dont cross the fingers...just make money....Green pips to you this week my man
4&1 All Time Profit: $37,496
  • #1,184
  • Sep 22, 2019 3:10pm Sep 22, 2019 3:10pm
Quoting MzansiObi
{quote} Lol dont cross the fingers...just make money....Green pips to you this week my man
Lol!! thanks mahn....more green pips to you too mahn
  • #1,185
  • Sep 22, 2019 5:17pm Sep 22, 2019 5:17pm
Quoting MzansiObi
21/09/19 Will wait for the open as there were some late night news events etc that made headlines that will affect how things open... Here are my levels of interest for Monday and the week ahead. Interms of the zones(H1,H4 and D1, will wait to see how we open up) Daily support remains intact as we have broken higher following days of hovering near the support handle before breaking that HnS high pattern we had in the past week. Intra day levels (Monday 23/09/19) Upside 1543.22 1530.1 1523.2 1517.89 Downside 1510.48 1503.25 1497.22 1491 1486.83 Weekly...
Buy Zones:
H1: 1504.88 - 1508.09
H4: 1502.43 - 1503.76



The first downside level(1510.48), has come on and acted as support...still early days, but its a good sign, will wait for London to open up and see whats what...
Trade Safe
4&1 All Time Profit: $37,496
  • #1,186
  • Sep 22, 2019 5:50pm Sep 22, 2019 5:50pm
Quoting MzansiObi
{quote} Buy Zones: H1: 1504.88 - 1508.09 H4: 1502.43 - 1503.76 The first downside level(1510.48), has come on and acted as support...still early days, but its a good sign, will wait for London to open up and see whats what... Trade Safe
Agree. I closely watching 1510 level. It provides good buy entry. Let's see whether there will be buy signals at least M15 bar.
1523 level for short entry
  • #1,187
  • Sep 22, 2019 11:01pm Sep 22, 2019 11:01pm
Quoting Junibifon
{quote} Agree. I closely watching 1510 level. It provides good buy entry. Let's see whether there will be buy signals at least M15 bar. 1523 level for short entry
Depending on what London does, I'm only looking to continue buying dips, my first sell entry will be around the 1527/1530 handle bud....H4 printed a bullish pin and the next candle engulfed it......
4&1 All Time Profit: $37,496
  • #1,188
  • Sep 23, 2019 12:24am Sep 23, 2019 12:24am
Quoting MzansiObi
{quote} Buy Zones: H1: 1504.88 - 1508.09 H4: 1502.43 - 1503.76 The first downside level(1510.48), has come on and acted as support...still early days, but its a good sign, will wait for London to open up and see whats what... Trade Safe
How do you determine the buy zones?

Is it just the price comes within the 15 and 30 EMAs, or it comes close to the 15 EMA, or it comes close to some relevant support or resistance level in the vicinity of the 15 EMA?
  • #1,189
  • Sep 23, 2019 12:58am Sep 23, 2019 12:58am
Quoting 00PIP
{quote} How do you determine the buy zones? Is it just the price comes within the 15 and 30 EMAs, or it comes close to the 15 EMA, or it comes close to some relevant support or resistance level in the vicinity of the 15 EMA?
Its that handle between the two emas on the time frame youre looking at, so one can use them as an upper and lower band...... when there is some support or resistance inside that area then even better as the confluence gives more validity to the setup, as such making it a higher probability setup.....
4&1 All Time Profit: $37,496
  • #1,190
  • Sep 23, 2019 2:49am Sep 23, 2019 2:49am
30 pips bagged on my long trade......

i think i like the idea of "what you are happy with" as regards where and when should you collect your profit
  • #1,191
  • Sep 23, 2019 2:51am Sep 23, 2019 2:51am
Quoting Spirit4eva
30 pips bagged on my long trade...... i think i like the idea of "what you are happy with" as regards where and when should you collect your profit
Now waiting for the next signal.....probably a sell.......lets see what price does at 1519-1520 level
green pips to y'all!!
  • #1,192
  • Sep 23, 2019 3:04am Sep 23, 2019 3:04am
Quoting Spirit4eva
{quote} Now waiting for the next signal.....probably a sell.......lets see what price does at 1519-1520 level green pips to y'all!!
Bingo.
I locked some in too,

But just looking at What London has done, we continue to buy dips for the rest of the day, unless price gets to that 1527/30 handle first......there i will definately have a crack at a short.

We keep tracking higher with each level and trail.


Trade safe
4&1 All Time Profit: $37,496
  • #1,193
  • Sep 23, 2019 3:12am Sep 23, 2019 3:12am
Quoting MzansiObi
{quote} Bingo. I locked some in too, But just looking at What London has done, we continue to buy dips for the rest of the day, unless price gets to that 1527/30 handle first......there i will definately have a crack at a short. We keep tracking higher with each level and trail. Trade safe
Nice one mahn!!! so where you looking at next??
  • #1,194
  • Sep 23, 2019 3:17am Sep 23, 2019 3:17am
Quoting Spirit4eva
{quote} Nice one mahn!!! so where you looking at next??
Let it close above this current upside level,
have trailed my SL up to 1517, the only time i will short will be around the 1527 handle bud.....
4&1 All Time Profit: $37,496
  • #1,195
  • Sep 23, 2019 3:23am Sep 23, 2019 3:23am
Quoting MzansiObi
{quote} Let it close above this current upside level, have trailed my SL up to 1517, the only time i will short will be around the 1527 handle bud.....
thats very cool mahn!!
would have bagged more if i was more patient or maybe trail my SL like you bro....
  • #1,196
  • Sep 23, 2019 3:25am Sep 23, 2019 3:25am
this is the pattern that price created that i used to place my first sell and buy trade today!!!
Attached Image (click to enlarge)
Click to Enlarge Name: bought.PNG Size: 58 KB
  • #1,197
  • Sep 23, 2019 3:29am Sep 23, 2019 3:29am
Quoting Spirit4eva
this is the pattern that price created that i used to place my first sell and buy trade today!!! {image}
If it helps, also consider marking yesterdays high and low, and the daily and weekly open (same today obviously). Ur short and long trades were in confluence with them (and ur trend lines)
  • #1,198
  • Sep 23, 2019 3:30am Sep 23, 2019 3:30am
seeing at rejection candle at triangle's resistance.wouldnt pull the trigger yet till my MA gives me a confirmation
  • #1,199
  • Sep 23, 2019 3:32am Sep 23, 2019 3:32am
Quoting Spirit4eva
this is the pattern that price created that i used to place my first sell and buy trade today!!! {image}
it rallied a little quickly so you may still get an opportunity to get in again me thinks.....the h1 zone has clearly defined itself and so has the h4, looking at proce behavior in the past the h4 zones will also get into the picture at some point, there are still some more m15 levels below to offer another opportunity to buy so be patient...till then we repeat and rinse the buy setup
4&1 All Time Profit: $37,496
  • #1,200
  • Sep 23, 2019 4:28am Sep 23, 2019 4:28am
Quoting Jp1
{quote} If it helps, also consider marking yesterdays high and low, and the daily and weekly open (same today obviously). Ur short and long trades were in confluence with them (and ur trend lines)
Ok mahn! thanks......will look at those levels closely
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