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4 + 1 (Metals) strategy

  • #2,481
  • Nov 27, 2019 10:08pm Nov 27, 2019 10:08pm
28/11/19


Following the tight range price was consolidating in, although London Bought , price failed to get a clear break and close above the m15 200 ema that we had mentioned we were looking for to load convincing longs upon the retest given the fact that the handle coincided with the H1 buy zone, the invalidation of the handle saw us revisit current structure support near the low 1450's, outlook remains to wait for LO, but look to buy structure support and sell D1 sell setups, inbetween, we will look at our key timeframes, H1 and H4 to get some intra day setups while we wait for price to get going....There isnt much to say as PA has been rather flattish throughout the week so far and we havent challanged the H1 200 MA as yet, however will remain patient and look to wait for the levels to be tagged and trade off of them....


As things stand,

H1: Bearish: 1456.39 - 1456.96.
H4: Bearish: 1457.75 - 1460.18.
D1: Bearish: 1465.65 - 1473.64.



Intra day levels
Upside
1469.43
1465.68
1463.3
1462.12
1458.36

Downside
1457.69
1452.80
1450.79
1447.04
1444.19
1441.47



Green Pips
4&1 All Time Profit: $37,496
  • #2,482
  • Nov 28, 2019 3:19am Nov 28, 2019 3:19am
Update:
Although London open hour closed green, we were capped buy the m15 200 as such will look to sell the handle till we get a break and close higher than that handle.


Short
1457.54
Sl 1461
Tp Open


Pending Long
1453
SL: 1443
TP Open
Green Pips
4&1 All Time Profit: $37,496
  • #2,483
  • Nov 28, 2019 3:45am Nov 28, 2019 3:45am
Quoting MzansiObi
Update: Although London open hour closed green, we were capped buy the m15 200 as such will look to sell the handle till we get a break and close higher than that handle. Short 1457.54 Sl 1461 Tp Open Pending Long 1453 SL: 1443 TP Open Green Pips
Gold is sooo slow today
  • #2,484
  • Nov 28, 2019 5:32am Nov 28, 2019 5:32am
Quoting MzansiObi
{quote} Hey Goldgirl, Have you cashed out on this short yet or still looking for Mid 1440's? Hope youre Good Green Pips
Hi,

Good to see you again. There price of gold is quite subdued these couple of days despite big event news. I suspect after Thanksgiving holiday, the volatility will be back and push gold price with big move. I was shorting n longing back and forth till yesterday and remain my long from 1453-54 regions stoploss 1450. Tp open. Hope can get 1478 as Tp1 this week.

Green pips!!

Currently, I am shorting for GPBCAD as this pair portray stable and clean 4hr trend.
  • #2,485
  • Nov 28, 2019 5:49am Nov 28, 2019 5:49am
Quoting MzansiObi
Update: Although London open hour closed green, we were capped buy the m15 200 as such will look to sell the handle till we get a break and close higher than that handle. Short 1457.54 Sl 1461 Tp Open Pending Long 1453 SL: 1443 TP Open Green Pips
Cashed out. Closed 50% rest at BE......looking for the buy order to get filled before the Sell orders SL is taken out even though it will be at BE
4&1 All Time Profit: $37,496
  • #2,486
  • Nov 28, 2019 5:54am Nov 28, 2019 5:54am
Quoting goldgirl
{quote} Hi, Good to see you again. There price of gold is quite subdued these couple of days despite big event news. I suspect after Thanksgiving holiday, the volatility will be back and push gold price with big move. I was shorting n longing back and forth till yesterday and remain my long from 1453-54 regions stoploss 1450. Tp open. Hope can get 1478 as Tp1 this week. Green pips!! Currently, I am shorting for GPBCAD as this pair portray stable and clean 4hr trend.
Good to see you around here, Yeah if you can get in on the range extremes one can get a decent buy and sell order going....when it ranges like this it requires patience and one shouldnt be all to greedy hoping for massive swings, hence why i opt to lock in profits and let a runner go...if it breaks out with me then Good, if stops get taken out, we enter again from specific levels....


Quoting InfinityPip
{quote} Gold is sooo slow today
Lol, you can add another couple of O's...its sooooooooooooooooo slow...hehehe
4&1 All Time Profit: $37,496
  • #2,487
  • Nov 28, 2019 6:20am Nov 28, 2019 6:20am
Quoting MzansiObi
{quote} Good to see you around here, Yeah if you can get in on the range extremes one can get a decent buy and sell order going....when it ranges like this it requires patience and one shouldnt be all to greedy hoping for massive swings, hence why i opt to lock in profits and let a runner go...if it breaks out with me then Good, if stops get taken out, we enter again from specific levels.... {quote} Lol, you can add another couple of O's...its sooooooooooooooooo slow...hehehe
Yeah. These two days will be the key timing. When gold daily range fall below 100 pips, time for big move is near. While trading for gold tight range gbpcad is having 200 pips daily swing now, though it is ranging.
  • #2,488
  • Nov 28, 2019 7:01am Nov 28, 2019 7:01am
Quoting InfinityPip
{quote} Gold is sooo slow today
It's Thanksgiving. America is closed for business.
  • #2,489
  • Nov 29, 2019 10:57am Nov 29, 2019 10:57am
Quoting goldgirl
{quote} Yeah. These two days will be the key timing. When gold daily range fall below 100 pips, time for big move is near. While trading for gold tight range gbpcad is having 200 pips daily swing now, though it is ranging.
Gold upside is bursting now
  • #2,490
  • Edited Nov 30, 2019 8:45am Nov 29, 2019 1:19pm | Edited Nov 30, 2019 8:45am
Quoting TudorIoan
I'd buy 1455 to 1465 {image}
Great move! Good money! Lucky me
Attached Image
Member
  • #2,491
  • Nov 30, 2019 9:16pm Nov 30, 2019 9:16pm
Quoting goldgirl
{quote} Gold upside is bursting now
Here’s what I’m seeing, following the breakout higher on the H1 and bullish crossover as per system setups, the H4 and D1 remain bearish, and the retest of the D1 sell zone already suggestive of bearish continuation, the pin bar on the H1 being first clue......for now will look at where we open and the intraday and weekly numbers then start looking for clues off of the m15 if we trade below the m15 200 EMA, then first point of contention becomes getting an H1 candle to close back below the H1 200 EMA......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 779799C7-35E8-4C68-9B7C-D4E2D0B60E40.jpeg Size: 726 KB
Click to Enlarge Name: 4E41C8DC-0DAA-4CC4-AF83-9285DDD6648D.jpeg Size: 590 KB
4&1 All Time Profit: $37,496
  • #2,492
  • Nov 30, 2019 10:00pm Nov 30, 2019 10:00pm
Quoting TudorIoan
{quote} Great move! Good money! Lucky me {image}
I’m liking your sell trade, the entry just on the lower band of the daily sell zone!.
missed my entry on it will Wait and see to try find an opportunity to go short.....
keep well bud
4&1 All Time Profit: $37,496
  • #2,493
  • Nov 30, 2019 11:12pm Nov 30, 2019 11:12pm
Quoting MzansiObi
{quote} I’m liking your sell trade, the entry just on the lower band of the daily sell zone!. missed my entry on it will Wait and see to try find an opportunity to go short..... keep well bud
Thanks, but I was just bought 1455 on Nov. 27, to 1465 on (post #2,477)
I should have said "closed" at 1465, not "sold"...because I didn't sold that 1465 ...I have missed that short too
Golden pips to you, bud!
Member
  • #2,494
  • Dec 1, 2019 5:28pm Dec 1, 2019 5:28pm
President trump's negotiating team: China deal was now ‘stalled because of hong kong legislation’ – axios sources
  • #2,495
  • Dec 1, 2019 8:49pm Dec 1, 2019 8:49pm
02/12/19


New week, new month, let’s make it count and finish off strong......
as things stand price has found some headline resistance from the D1 sell zone and is trading below the weekly and daily open, we back below the H1 200 and as such selling any rally towards the handle will be profitable. Although the H1 is in buy mode, buying at current range high or near the current ranges high may need to be done with caution as the H1 but zone is too close to the daily sell zone and the range ceiling.....my first buy order will come in near the 1458.23 but a close below that handle on an hourly closing basis will have me looking to short towards the 1450 handle.....



H1: bullish and buy Zone:1459.93 - 1458.90
H4: bearish and Sell Zone:1459.27 - 1458.10
D1: bearish and Sell Zone:1464.29 - 1473.26

Intra day Levels
Upside
1482.73
1475.39
1469.26
1466.32

Downside
1461.18
1458.23
1456.03
1452.85
1447.71
1442.31
4&1 All Time Profit: $37,496
  • #2,496
  • Dec 1, 2019 9:04pm Dec 1, 2019 9:04pm
02/12/19

Gold
Buy Limit
1458.23
SL 1455
TP open


green pips
4&1 All Time Profit: $37,496
  • #2,497
  • Dec 1, 2019 9:07pm Dec 1, 2019 9:07pm
Quoting MzansiObi
02/12/19 Gold Buy Limit 1458.23 SL 1455 TP open green pips
But as soon as price gets into the daily sell zone will wait for a bearish confirmation entry on the m15 or H1 and look to short.....ie.....any pin bar and or bearish engulfing candle stick or bearish divergence in that region will trigger a short.....
4&1 All Time Profit: $37,496
  • #2,498
  • Dec 2, 2019 12:38am Dec 2, 2019 12:38am
Quoting MzansiObi
{quote} Hey Bud. We will look at it as follows, if the 15 ema(Blue) crosses above the 30ema(red), then we look to buy setups, will use the area between the red and blue line as a zone(area) to buy dips...currently on the H4 the area is 1497.60 -1501.49...., In terms of where it will go, we just try and follow price action and its behavior and look at planning around price action/behavior... For more clarity, check this out, page one of the thread just to give you a little more clarity https://www.metalsmine.com/showthread.php?t=922895...
would you please tell where to apply to 200 EMA?
High
Low
Open
Close
  • #2,499
  • Dec 2, 2019 1:52am Dec 2, 2019 1:52am
Quoting Rudrax
{quote} would you please tell where to apply to 200 EMA? High Low Open Close
Hey Rudrax, you can apply it to the close bud.
green pips......
4&1 All Time Profit: $37,496
  • #2,500
  • Dec 2, 2019 3:04am Dec 2, 2019 3:04am
Quoting MzansiObi
{quote} But as soon as price gets into the daily sell zone will wait for a bearish confirmation entry on the m15 or H1 and look to short.....ie.....any pin bar and or bearish engulfing candle stick or bearish divergence in that region will trigger a short.....
Buying now?
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