4 + 1 (Metals) strategy | Page 142 | 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

  • #2,821
  • Jan 2, 2020 5:58am Jan 2, 2020 5:58am
Quoting MzansiObi
{quote} LO bought on from our H1 zone.... So will look for 1523 followed by 1526.7 and 1529.75 for the day. Furthermore will look for buy dips anywhere near the m15 200 handle..... green pIps
Closing half, stops at entry.... will keep recycling the buy dip scenario till it fails....

One more pending buy order at 1518.28
SL @ 1509

green pips
4&1 All Time Profit: $37,496
  • #2,822
  • Jan 2, 2020 7:14am Jan 2, 2020 7:14am
Quoting MzansiObi
{quote} LO bought on from our H1 zone.... So will look for 1523 followed by 1526.7 and 1529.75 for the day. Furthermore will look for buy dips anywhere near the m15 200 handle..... green pIps
1523 tagged.... stops at 1522.....
let’s see if we can tag one more at that 26.7 handle.....
4&1 All Time Profit: $37,496
  • #2,823
  • Jan 2, 2020 8:11am Jan 2, 2020 8:11am
Quoting MzansiObi
{quote} 1523 tagged.... stops at 1522..... let’s see if we can tag one more at that 26.7 handle.....
Stops at 1525.... one more target to the upside left....if we get there will consider selling some as the weekly numbers line up......


green pips
4&1 All Time Profit: $37,496
  • #2,824
  • Jan 2, 2020 8:56am Jan 2, 2020 8:56am
Quoting MzansiObi
{quote} Stops at 1525.... one more target to the upside left....if we get there will consider selling some as the weekly numbers line up...... green pips
All three Intra day targets achieved.....off of the H1 buy zone......


The next weekly upside level lies around 1537.....expecting abit of a pullback before further bullishness for now....

cheeky sell setup at 1528
SL 1533
TP open(but will revaluate around the H1 buy zone to scale out of the sell setup and continue buying dips.....
4&1 All Time Profit: $37,496
  • #2,825
  • Jan 2, 2020 11:00am Jan 2, 2020 11:00am
Quoting MzansiObi
{quote} All three Intra day targets achieved.....off of the H1 buy zone...... The next weekly upside level lies around 1537.....expecting abit of a pullback before further bullishness for now.... cheeky sell setup at 1528 SL 1533 TP open(but will revaluate around the H1 buy zone to scale out of the sell setup and continue buying dips.....
50 % of sell trade closed.
Stops at entry....

done for the day.....
4&1 All Time Profit: $37,496
  • #2,826
  • Jan 2, 2020 1:58pm Jan 2, 2020 1:58pm
Another Long setup from the H1 zone.
  • #2,827
  • Jan 2, 2020 8:03pm Jan 2, 2020 8:03pm
Quoting Tragruel
Another Long setup from the H1 zone.
You are relentless!!! Nice one bud!!!! Keep banking those pips....I didn’t get in long again as I had made my fair share....just remember the next upside weekly target is a couple of pips away.....
last buy order that survived he dip have moved stop toward 1530 and have a cheeky sell setup in play(punter trend and system)point A shows your sniper like entry that you referred to and also the H1 buy zone yielding returns again

just looking at the current wedge pattern we are trading....immediate target lies around 1539/40 followed by breakout higher to challenge previous D1 swing High.
min the interim we remain focused on the H1 and Intra day moves

green pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 02E8C17C-CCA0-426E-A314-5128F3B13E39.jpeg Size: 771 KB
Click to Enlarge Name: 852CFAA9-7F4D-403B-9F26-3100E2E164BB.jpeg Size: 664 KB
4&1 All Time Profit: $37,496
  • #2,828
  • Jan 3, 2020 12:29am Jan 3, 2020 12:29am
Quoting MzansiObi
30 November 2019 Some weekly numbers to look at, as my dear friend Diggs pointed out, price is above some key levels and the structure remains in place for further bullishness following that wedge breakout we mentioned..... with that said, will keep looking at and using the zones as guiding point for the setups. Will post some weekly levels of interest that will be worth watching for the week till Friday. So long as we keep getting daily closes above 1485, buying the Dips off of the H1,H4 and D1 Buy Zones remains relevant. Worth noting the upper...
Will Add one more upside level to the weekly numbers

and 1571.90
Further more, the Zones on our Key time frames are all bullish and clear, as such we look for guidance from what LO hour does and we look at the buy dip setups from the zones......


Revised Intra day levels for today...

Upside
1563.1
1551.31
1548
1545.65

Downside
1538.66
1533
1531.8
1525.8


Green Pips
4&1 All Time Profit: $37,496
  • #2,829
  • Jan 3, 2020 3:25am Jan 3, 2020 3:25am
Update:
LO Bought and as such, the buy dip sentiment continues, only cause for concern becomes the fact that price is too far away from the H1 buy zone and as such best bet becomes to wait for a pull back deep enough to the zone to look to continue on the bullish momentum.....



stay green
4&1 All Time Profit: $37,496
  • #2,830
  • Jan 3, 2020 7:43am Jan 3, 2020 7:43am
Update:
The dip back into the H1 buy zone for buy dip scenario remains the bias till we get a new series of lower lows and lower highs.....what is worth noting is how the m15 200 has been somewhat subdued lately....any dip towards that handle will also be worth a long shot provided the daily closes above 1537......



green pips
Attached Image (click to enlarge)
Click to Enlarge Name: DA0A5E6E-8FC4-4160-9750-1EF733006CA5.jpeg Size: 620 KB
4&1 All Time Profit: $37,496
  • #2,831
  • Jan 3, 2020 9:03am Jan 3, 2020 9:03am
Quoting MzansiObi
Update: The dip back into the H1 buy zone for buy dip scenario remains the bias till we get a new series of lower lows and lower highs.....what is worth noting is how the m15 200 has been somewhat subdued lately....any dip towards that handle will also be worth a long shot provided the daily closes above 1537...... green pips {image}
HnS is formed on m15. It may take price to buying area of 1537
P.S. Trade with the discipline of Money Management and Risk Management.
  • #2,832
  • Jan 3, 2020 11:18am Jan 3, 2020 11:18am
War = Easy Money
Member
  • #2,833
  • Jan 3, 2020 11:19am Jan 3, 2020 11:19am
Quoting farukh
{quote} HnS is formed on m15. It may take price to buying area of 1537
Agreed....
It validates things and simplifies the setups once they just start showing themselves like that don’t it...?
4&1 All Time Profit: $37,496
  • #2,834
  • Jan 3, 2020 11:22am Jan 3, 2020 11:22am
Quoting MzansiObi
{quote} Agreed.... It validates things and simplifies the setups once they just start showing themselves like that don’t it...?
It does..
Let's see where this week is going to close
P.S. Trade with the discipline of Money Management and Risk Management.
  • #2,835
  • Jan 3, 2020 11:39am Jan 3, 2020 11:39am
Quoting farukh
{quote} It does.. Let's see where this week is going to close
I’m more concerned with the daily close than I am with the weekly as the week will defiantly close net bullish and above some stuff, daily close above 1537.....zoom out of your h4 chart and look at the behavior price has he and printed as it got going......so am thinking the D1 close will guide us through that first session on Monday then from there the Intra day and weekly levels, together with the LO bias
4&1 All Time Profit: $37,496
  • #2,836
  • Jan 5, 2020 1:41am Jan 5, 2020 1:41am
05 January 2020



New Week,New Possibilities ..

The charts speak for themselves, bullish across all our time frames of reference, from the W1 all the way down to the H1.
The previous week followed through on the bullish breakout and went on to reach the initial falling wedge target around the 1549 handle. However of special importance becomes the daily close above the 1537 handle as mentioned and discussed with Farukh....as such any dip towards our zones will become buying points...

The 1537 /38 handle not only signifies a key weekly upside level for the past week that we mentioned and used last week, but it also signifies a key level where the previous rallies sell off continued and got validated, (HnS right shoulder) as such any daily close above the 1537/8 handle signifies a high probability for bullish continuation.....(See H4 chart), the first target becomes a break higher of the current structural high at 1557.

The upper band of the H4 Buy zone is slightly below the 1537 handle while both lower and upper bands of the H1 buy Zone are above 1537.
The m15 200 handle is also a couple of pips below it and as such given the bullish zones and market structure, the buy dip mode/ bias continues......
STochs and RSI on H1 suggestive of possible dip lower to allow for entries for bullish continuation...


H1: Bullish and Zone: 1540.79 - 1546.77
H4: Bullish and Zone: 1523.60 - 1534.21
D1: Bullish and Zone: 1487.70 - 1502.58


Weekly Levels
Upside
1609.13
1581.31
1565.21
1560.69


Downside
1538.63
1522.32
1512.77
1495.95


Intra day Levels for Monday.

Upside
1585.1
1569.85
1560.73
1554.09

Downside
1544.35
1537.15
1534.63
1528.59
1518.85


Lets wait for the Open, then the London open Hour and look for clues as and when price gets to our zones and levels...

Green Pips to you all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XAUUSDH1_LI.jpg Size: 775 KB
Click to Enlarge Name: XAUUSDH4_LI.jpg Size: 889 KB
4&1 All Time Profit: $37,496
  • #2,837
  • Jan 5, 2020 11:41am Jan 5, 2020 11:41am
Happy New Year for everyone.

Early of the new year at the almost same high, double-triple top at high TF

Military war and trade war and then us president elections, etc.
Go to new high 2019-2020 or another consolodation or corection down ?

Thanks Mzansiobi with an review and for the next review in 2020 and thanks for everyone too.
Forex have a high risk, but You all have made my trade better and better

Let's get Green Pips
  • #2,838
  • Jan 5, 2020 11:58pm Jan 5, 2020 11:58pm
Quoting MzansiObi
05 January 2020 New Week,New Possibilities .. The charts speak for themselves, bullish across all our time frames of reference, from the W1 all the way down to the H1. The previous week followed through on the bullish breakout and went on to reach the initial falling wedge target around the 1549 handle. However of special importance becomes the daily close above the 1537 handle as mentioned and discussed with Farukh....as such any dip towards our zones will become buying points... The 1537 /38 handle not only signifies a key weekly upside level...
Morning Traders....

Gap Up on the open saw prices spike up and exceed Monday’s upside levels....the tentative high for Monday was 1585 and the high so far comes in slightly higher at 87.84....on the weekly numbers it leaves us with one more target to the upside.....will work out some extension levels for any further breakouts shortly after LO.....

in terms of our zones etc....they remain bullish and the bias to buy dips remains intact....



Green Pips
4&1 All Time Profit: $37,496
  • #2,839
  • Jan 6, 2020 3:05am Jan 6, 2020 3:05am
Quoting TudorIoan
War = Easy Money
Enough for me. Sold at 1575. It could rise more, I don't care.
Possible correction until Iran retaliation and US response. We'll see...
Member
  • #2,840
  • Jan 6, 2020 3:29am Jan 6, 2020 3:29am
Quoting TudorIoan
{quote} Enough for me. Sold at 1575. It could rise more, I don't care. Possible correction until Iran retaliation and US response. We'll see...
Agreed, take yours and walk away......its still a profitable day for you irrespective off what it does now....
adding 1598.4 as an upside level for Monday

Although i doubt that spike up will be challanged again today, if anything expecting some sideways momentum towards that 1580/83 handle...
Bit of a bullish H1 candle following the LO candle, will wait for price to get into the H1 buy zone and open long again....
4&1 All Time Profit: $37,496
7 traders viewing now