4 + 1 (Metals) strategy | Page 116 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Simple 5 Min Gold (XAUUSD) Strategy 79 replies

Digamber Shankar PATIL's DSP Candle Strategy 349 replies

Strategy Backtesting Platforms 24 replies

5 Min Gold (XAUUSD) Divergence Strategy 176 replies

M5-Two-Way-Confirmation-Strategy 264 replies

Attachments: 4 + 1 (Metals) strategy
Exit Attachments

4 + 1 (Metals) strategy

  • #2,301
  • Nov 4, 2019 9:33am Nov 4, 2019 9:33am
The Bearish RSI divergence is still trying to push lower, should the m15 200 handle break expecting it drop a fair bit and challenge that 1503 handle...
Patient.......
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM15BearishDivergence.png Size: 45 KB
4&1 All Time Profit: $37,496
  • #2,302
  • Nov 4, 2019 10:25am Nov 4, 2019 10:25am
Quoting MzansiObi
Update: M15 chart printing out another possible break out pattern....So long as the m15 200 ema maintains its support structure the current m15 Inverse HnS pattern will validate the H1 buy zone and see us test the first few upside levels....The bearish momentum is still intact but the first hurlde lies at 1508.98 As such, will look to try and short the top of the current inverse pattern at 1513.55 Green Pips {image}
Interim Support Finally broken....


Looking for the buy order on the Lower band of the H4 Buy ZOne to be filled......
Bearish Divergence finally getting things on the go.....


Trade Safe
4&1 All Time Profit: $37,496
  • #2,303
  • Nov 4, 2019 11:57am Nov 4, 2019 11:57am
Hello all, took a week off and back highly motivated, reading the posts I missed.
Trade safe all.
  • #2,304
  • Nov 4, 2019 12:01pm Nov 4, 2019 12:01pm
Quoting Tragruel
Hello all, took a week off and back highly motivated, reading the posts I missed. Trade safe all.
Welcome Back Trag...


Have a good week..

Quoting MzansiObi
{quote} Interim Support Finally broken.... Looking for the buy order on the Lower band of the H4 Buy ZOne to be filled...... Bearish Divergence finally getting things on the go..... Trade Safe
Closing Half, stops at BE. Calling it a day, if stops get taken out will look to re-enter tomorrow again....


Trade Safe
4&1 All Time Profit: $37,496
  • #2,305
  • Nov 4, 2019 3:09pm Nov 4, 2019 3:09pm
Quoting MzansiObi
{quote} Interim Support Finally broken.... Looking for the buy order on the Lower band of the H4 Buy ZOne to be filled...... Bearish Divergence finally getting things on the go..... Trade Safe
Joining you. Buy order in. 1509. SL at 1502. TP open at the moment. Will watch closely. Hoping to get back on a winning trend. Last week was ugly. New week new outcomes
If in doubt, paddle out!
  • #2,306
  • Nov 4, 2019 5:09pm Nov 4, 2019 5:09pm
Quoting SurfsUp
{quote} Joining you. Buy order in. 1509. SL at 1502. TP open at the moment. Will watch closely. Hoping to get back on a winning trend. Last week was ugly. New week new outcomes
Lol, hey bud....Not bad considering price is back above the 200 EMA on the m15 chart.......
4&1 All Time Profit: $37,496
  • #2,307
  • Nov 4, 2019 5:57pm Nov 4, 2019 5:57pm
Quote
Expected Sentiment GOLD = BULLISH

I think USDX is gonna push to reach 97.50 ; 97.60 / 97.700. Henceforth GOLD might fall to 1499.00/ 1500. I will be looking forward for LONG entries at these zones (1499.00/ 1500.)

GOLD broke the trend-line ( bullish flag) 2 week ago, therefore I am anticipating it to retest the trend-line then it will have a big swing up targeting 1530 -1532. Whiles USDX is falling from 97.50.

SEE SOME CHARTS BELOW: - Time frames = D1 and H4 which present pattern and entry zone respectively. So I will be waiting patiently for 1499.00/ 1500 Price Zone.

Time frames = D1
Attached Image (click to enlarge)
Click to Enlarge Name: Gold 2.jpg Size: 123 KB


Time frames = H4
Attached Image (click to enlarge)
Click to Enlarge Name: Gold.jpg Size: 133 KB


LETS SEE HOW IT GOES.
Kamunda
  • #2,308
  • Nov 4, 2019 11:50pm Nov 4, 2019 11:50pm
5/11/19


As things stand, yesterdays bearish RSI divergence played out and has resulted in price being capped by the overhead resistance we mentioned and it has traded back towards the H4 Buy zone, we did get a bounce from the H4 Buy Zone (1504) , and that rally was limited to 1510....The H1 chart has flipped Bearish as can be expected and the H4 and Daily remain bullish. Outlook remains to look at what LO does then possibly load longs from the lower bands of the H4 and sell the upper band of the H1 Sell Zone....


H1: Bearish and Zone:1507.31 - 1508.54
H4: Bullish and Zone:1505.02 - 1508.13
D1: Bullish and Zone:1498.28 - 1500.43

Intra day levels
Upside
1520.02
1516.06
1513.61
1510.87
1508.65
Downside

1505.69
1503.24
1501.9
1499.28
1494.11

Green Pips
4&1 All Time Profit: $37,496
  • #2,309
  • Nov 5, 2019 5:11am Nov 5, 2019 5:11am
Quoting Mthombeni
{quote} I think USDX is gonna push to reach 97.50 ; 97.60 / 97.700. Henceforth GOLD might fall to 1499.00/ 1500. I will be looking forward for LONG entries at these zones (1499.00/ 1500.) GOLD broke the trend-line ( bullish flag) 2 week ago, therefore I am anticipating it to retest the trend-line then it will have a big swing up targeting 1530 -1532. Whiles USDX is falling from 97.50. SEE SOME CHARTS BELOW: - Time frames = D1 and H4 which present pattern and entry zone respectively. So I will be waiting patiently for 1499.00/ 1500 Price Zone. Time...
Mthombeni


We are hovering just a couple of pips above that demand zone you highlighted.....Theres one key downside level near your area(todays third) downside level.
And the H4 buy area there abouts....London bought on in their first hour of trade so am looking towards the first session of the NY trading day to maybe add on longs....

Been a bit of a range so far....


Will Keep buying bounces of of the 1501 Handle

Trade Safe
4&1 All Time Profit: $37,496
  • #2,310
  • Nov 5, 2019 6:14am Nov 5, 2019 6:14am
Conservative trade....

Long
1501.2
SL 1496.3
TP Open


Bit of bullish divergence building up on m15 chart.....

Green Pips
4&1 All Time Profit: $37,496
  • #2,311
  • Nov 5, 2019 6:32am Nov 5, 2019 6:32am
Approaching my short tp target 1498. Close half now at 1501. Will buy long at 1498 to 1500. SL 1490. Tp remain 1523, 1538
  • #2,312
  • Nov 5, 2019 7:10am Nov 5, 2019 7:10am
Quoting goldgirl
Approaching my short tp target 1498. Close half now at 1501. Will buy long at 1498 to 1500. SL 1490. Tp remain 1523, 1538
Raise SL to BE
  • #2,313
  • Nov 5, 2019 7:22am Nov 5, 2019 7:22am
Buy again at 1497-98
  • #2,314
  • Nov 5, 2019 7:31am Nov 5, 2019 7:31am
Quoting goldgirl
Buy again at 1497-98
Add long at 1496
  • #2,315
  • Nov 5, 2019 7:47am Nov 5, 2019 7:47am
Quoting MzansiObi
Conservative trade.... Long 1501.2 SL 1496.3 TP Open Bit of bullish divergence building up on m15 chart..... Green Pips
This stop got taken out.......

On the sidelines again.....
4&1 All Time Profit: $37,496
  • #2,316
  • Nov 5, 2019 7:50am Nov 5, 2019 7:50am
Quoting goldgirl
Buy again at 1497-98
Loaded on more here at 1497.24
SL 1490
TP Open...

Counter trade simply looking at ADR, not looking for much on this
Lets see
4&1 All Time Profit: $37,496
  • #2,317
  • Nov 5, 2019 7:58am Nov 5, 2019 7:58am
Quoting MzansiObi
{quote} Loaded on more here at 1497.24 SL 1490 TP Open... Counter trade simply looking at ADR, not looking for much on this Lets see
It's not looking in good mood
P.S. Trade with the discipline of Money Management and Risk Management.
  • #2,318
  • Nov 5, 2019 7:59am Nov 5, 2019 7:59am
I am keeping my short since 1510 very patiently. Now I think I should end it on any small signal
P.S. Trade with the discipline of Money Management and Risk Management.
  • #2,319
  • Nov 5, 2019 8:03am Nov 5, 2019 8:03am
Hi
buy 1491
sl 1488
tp open
  • #2,320
  • Nov 5, 2019 8:09am Nov 5, 2019 8:09am
Quoting goldgirl
{quote} Add long at 1496
Add long at 1491
4 traders viewing now