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4 + 1 (Metals) strategy

  • #2,461
  • Nov 25, 2019 2:56pm Nov 25, 2019 2:56pm
Quoting Rudrax
... And since I have started watching your levels and posts everything was changed suddenly... Now I am recovering my loses slowly....
Agreed. When I follow along and use the methods MzansiObi preaches on here, I win too. This month I've been doing a bit more on my own, but results are not there for me. Still a lot to learn.
If in doubt, paddle out!
  • #2,462
  • Nov 25, 2019 11:37pm Nov 25, 2019 11:37pm
26/11/2019

Morning Traders



New Day, new Possibilities,

As things stand, price has traded lower following the open but price seems to be back near the open and trying to rally higher, there is some divergence of sorts on the lower time frames but will need to see price challenge and break above the 1457 and stay above it on an hourly basis to validate a much more bullish outlook, across the board, our intr day charts are all bearish(H1, H4 and D1) as such we will wait and see how price reacts as and when it gets into the zones and also look at what London does when it opens

H1: Bearish and Sell Zone: 1455.50 - 1457.43
H4: Bearish and Sell Zone: 1460.02 - 1463.14
D1: Bearish and Sell Zone: 1468.93 - 1476.69

Intra day levels
Upside
1468.21
1465.19
1462.1
1459.86
1457.12

Downside
1455.77
1452.07
1449.05
1444.60


Trade safe and green pips all around
4&1 All Time Profit: $37,496
  • #2,463
  • Nov 26, 2019 1:30am Nov 26, 2019 1:30am
Quoting MzansiObi
26/11/2019 Morning Traders New Day, new Possibilities, As things stand, price has traded lower following the open but price seems to be back near the open and trying to rally higher, there is some divergence of sorts on the lower time frames but will need to see price challenge and break above the 1457 and stay above it on an hourly basis to validate a much more bullish outlook, across the board, our intr day charts are all bearish(H1, H4 and D1) as such we will wait and see how price reacts as and when it gets into the zones and also look at what...
Update:
Price has failed to break and continually close above the 1457 handle, and is currently inside the H1 sell Zone.
As such; shorting 1455.82
SL 1465
TP Open.

WIll also look at what London does when it opens and reposition if need be....

Green Pips
4&1 All Time Profit: $37,496
  • #2,464
  • Nov 26, 2019 1:31am Nov 26, 2019 1:31am
Quoting goldgirl
{quote} I am looking into short until 1450-45
Hey Goldgirl,


Have you cashed out on this short yet or still looking for Mid 1440's?

Hope youre Good

Green Pips
4&1 All Time Profit: $37,496
  • #2,465
  • Nov 26, 2019 3:03am Nov 26, 2019 3:03am
Quoting MzansiObi
{quote} Update: Price has failed to break and continually close above the 1457 handle, and is currently inside the H1 sell Zone. As such; shorting 1455.82 SL 1465 TP Open. WIll also look at what London does when it opens and reposition if need be.... Green Pips
London bought on and closed slightly above the 1507 which coincides with the upper band of the H1 sell zone but was still capped inside the h1 sell zone, as such will continue selling with one more sell setup at the 1459 handle (m15 200 EMA)


Similar stop loss as per the first sell order.

Green pips all around
4&1 All Time Profit: $37,496
  • #2,466
  • Nov 26, 2019 3:26am Nov 26, 2019 3:26am
Quoting MzansiObi
{quote} London bought on and closed slightly above the 1507 which coincides with the upper band of the H1 sell zone but was still capped inside the h1 sell zone, as such will continue selling with one more sell setup at the 1459 handle (m15 200 EMA) Similar stop loss as per the first sell order. Green pips all around
Second Order filled....lets see
4&1 All Time Profit: $37,496
  • #2,467
  • Nov 26, 2019 4:26am Nov 26, 2019 4:26am
Quoting MzansiObi
{quote} London bought on and closed slightly above the 1507 which coincides with the upper band of the H1 sell zone but was still capped inside the h1 sell zone, as such will continue selling with one more sell setup at the 1459 handle (m15 200 EMA) Similar stop loss as per the first sell order. Green pips all around
Closing Half of the Second SHort, Stops at Entry....

Will let the rest run and have a look at what it does during the NY Session...


Green Pips
4&1 All Time Profit: $37,496
  • #2,468
  • Nov 26, 2019 7:01am Nov 26, 2019 7:01am
Quoting MzansiObi
{quote} Closing Half of the Second SHort, Stops at Entry.... Will let the rest run and have a look at what it does during the NY Session... Green Pips
Cashing out on the 1459 short, will leave the other short running and look at what NY does at the end of the current Hour....

H1 sell Zone proving to be good short area again
4&1 All Time Profit: $37,496
  • #2,469
  • Nov 26, 2019 7:21am Nov 26, 2019 7:21am
Quoting MzansiObi
{quote} Cashing out on the 1459 short, will leave the other short running and look at what NY does at the end of the current Hour.... H1 sell Zone proving to be good short area again
M15 chart is busy carving out a new pattern with a projected target near 1465...so long as the base at 1450 remains intact.....Will use that rally to add onto short near that handle again, no buying on my end till we get near the 1450 handle again
4&1 All Time Profit: $37,496
  • #2,470
  • Nov 26, 2019 11:11am Nov 26, 2019 11:11am
Quoting MzansiObi
{quote} M15 chart is busy carving out a new pattern with a projected target near 1465...so long as the base at 1450 remains intact.....Will use that rally to add onto short near that handle again, no buying on my end till we get near the 1450 handle again
The target just marginally missed and short order wasnt filled.....

Will wait for another rally to look to load short......Theres still plenty of bearish sentiment on the Higher timeframe
4&1 All Time Profit: $37,496
  • #2,471
  • Nov 26, 2019 11:14am Nov 26, 2019 11:14am
Quoting MzansiObi
{quote} The target just marginally missed and short order wasnt filled..... Will wait for another rally to look to load short......Theres still plenty of bearish sentiment on the Higher timeframe
Yeah, I was 1 pip away from TP but had a lunch break. I'm holding the short.
  • #2,472
  • Nov 26, 2019 11:34am Nov 26, 2019 11:34am
Quoting MamounDeb
{quote} Yeah, I was 1 pip away from TP but had a lunch break. I'm holding the short.
Did you take some profit from it atleast though?


Lets see if it can stay above the m15 200 ema....

Look at what the m5 chart is busy carving out....Just to put things into perspective, its worth noting that according to our system all our key time frames are still net bearish.....
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM5_LI.jpg Size: 782 KB
4&1 All Time Profit: $37,496
  • #2,473
  • Nov 26, 2019 11:41am Nov 26, 2019 11:41am
Quoting MzansiObi
{quote} Did you take some profit from it atleast though? Lets see if it can stay above the m15 200 ema.... Look at what the m5 chart is busy carving out....Just to put things into perspective, its worth noting that according to our system all our key time frames are still net bearish..... {image}
No couldn't get my profit of it. The move started exactly when I left my desk. Unfortunate.
  • #2,474
  • Nov 26, 2019 11:43am Nov 26, 2019 11:43am
Quoting MamounDeb
{quote} No couldn't get my profit of it. The move started exactly when I left my desk. Unfortunate.
Ayt ...theres plenty of time to catch more pips as the week goes on bud...hang in there.....
4&1 All Time Profit: $37,496
  • #2,475
  • Nov 26, 2019 7:20pm Nov 26, 2019 7:20pm
27/11/19

Morning Traders
Although somewhat slow, price action behaved pretty well and gave a couple of decent opportunities to bag some pips throughout the day yesterday...
Some H1 Sell Setups gave us some decent shorting opportunities and the Inverse Head and Shoulders pattern gave the buyers some opportunities to go long and as things stand price is still hovering near yesterdays highs. The H1 has flipped bullish while the H4 and D1 remain bearish....Will look to use any rally into the D1 Sell Zone as an opportunity to go short....H1 has flipped bullish and price is remaining above the m15 200 EMA as such the first hurdle for bulls becomes getting above the daily open which sits at around 1461.82.....


H1: Bullish and Buy Zone: 1458.64 - 1459.41
H4: Bearish and Sell Zone: 1461.73 - 1459.81
D1: Bearish and Sell Zone: 1475.96 - 1467.55

Intra day levels
Upside
1478.91
1474.87
1470.92
1465.30
1461.84

Downside
1459.43
1453.29
1450.20
1446.88
1440.48


Green Pips all around
4&1 All Time Profit: $37,496
  • #2,476
  • Nov 26, 2019 11:22pm Nov 26, 2019 11:22pm
Quoting MzansiObi
27/11/19 Morning Traders Although somewhat slow, price action behaved pretty well and gave a couple of decent opportunities to bag some pips throughout the day yesterday... Some H1 Sell Setups gave us some decent shorting opportunities and the Inverse Head and Shoulders pattern gave the buyers some opportunities to go long and as things stand price is still hovering near yesterdays highs. The H1 has flipped bullish while the H4 and D1 remain bearish....Will look to use any rally into the D1 Sell Zone as an opportunity to go short....H1 has flipped...
H1 Buyers defending the Buy Zone pretty well thus far, couple of hours to go and hopefully we get some sort of direction. Till then, will remain patient...M15 200 EMA also in the mix near the H1 Buy zone so there is some confluence of support at the current handle(1459).....
4&1 All Time Profit: $37,496
  • #2,477
  • Nov 27, 2019 2:38am Nov 27, 2019 2:38am
I'd buy 1455 to 1465
Attached Image (click to enlarge)
Click to Enlarge Name: ZHART.png Size: 10 KB
Member
  • #2,478
  • Nov 27, 2019 3:04am Nov 27, 2019 3:04am
Quoting TudorIoan
I'd buy 1455 to 1465 {image}
Yeah, makes sense. The London open hour closed green and H1 Buyers have continued to hold onto the Zone as such will look to load longs, looking for a clear break and close above the m15 200 ema and then will buy any retest near it.....


Green Pips to you Tudor
4&1 All Time Profit: $37,496
  • #2,479
  • Nov 27, 2019 2:28pm Nov 27, 2019 2:28pm
Quoting MzansiObi
{quote} Yeah, makes sense. The London open hour closed green and H1 Buyers have continued to hold onto the Zone as such will look to load longs, looking for a clear break and close above the m15 200 ema and then will buy any retest near it..... Green Pips to you Tudor
We never got this break and close higher following the tight range we traded in for the better part of the day, I am now looking at loading longs from the 1453.78 will look to use the strong support base thats been formed near downside intra day level of interest....

Pending Buy
1453.78
SL 1445
TP: Open



Green Pips...


Ps. The fact that price is far off from the m15 200 and H1 200 is a good sign in that it will provide some volatility and wont be as range bound tomorrow.
Looking forward to Thursdays Intra Day levels.


Green Pips
4&1 All Time Profit: $37,496
  • #2,480
  • Nov 27, 2019 9:31pm Nov 27, 2019 9:31pm
Quoting MzansiObi
{quote} We never got this break and close higher following the tight range we traded in for the better part of the day, I am now looking at loading longs from the 1453.78 will look to use the strong support base thats been formed near downside intra day level of interest.... Pending Buy 1453.78 SL 1445 TP: Open Green Pips... Ps. The fact that price is far off from the m15 200 and H1 200 is a good sign in that it will provide some volatility and wont be as range bound tomorrow. Looking forward to Thursdays Intra Day levels. Green Pips
But of a rough day yesterday, didnt get any of the order filled, price missed my entry by a a split hair on this buy setup...


New Day , New Possibilities

Just as we marked 1485 as key support a couple of months ago, its safe to say, will be marking the 1450 handle as key support too going forward....
Key Resistance comes in near 1475, which also coincides with the upper band of the D1 chart, as such any rally into the handle, i will look to sell and any dip into the support area i will look to buy....

Green Pips
4&1 All Time Profit: $37,496
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