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4 + 1 (Metals) strategy

  • #3,221
  • Feb 4, 2020 3:16am Feb 4, 2020 3:16am
Quoting BiteFX
Take profit at 1566.48 Buy Limit awaits you there.
Nice, well, it fitts in line with the upper band of the D1 upper band so lets see..

But now we have gotten below the H1 200 and also below the M15 200, as such now will look to begin selling rallies intra day.....
4&1 All Time Profit: $37,496
  • #3,222
  • Feb 4, 2020 3:19am Feb 4, 2020 3:19am
Take profit reached.
Buy Limit activated.
Bears having a false breakout today.

We Stay Alive.
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  • #3,223
  • Feb 4, 2020 3:21am Feb 4, 2020 3:21am
Quoting MzansiObi
{quote} Nice, well, it fitts in line with the upper band of the D1 upper band so lets see.. But now we have gotten below the H1 200 and also below the M15 200, as such now will look to begin selling rallies intra day.....
In that case, buying should be a kind of a reversal.
Hmmm
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  • #3,224
  • Feb 4, 2020 3:48am Feb 4, 2020 3:48am
That's pure false breakout dudes.
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  • #3,225
  • Feb 4, 2020 3:49am Feb 4, 2020 3:49am
So, let's buy a little...
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  • #3,226
  • Feb 4, 2020 4:10am Feb 4, 2020 4:10am
London guys decided to start with a Bullish pin bar reversal candle.
Ouk nau... Let's see what you've got!
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  • #3,227
  • Feb 4, 2020 5:52am Feb 4, 2020 5:52am
Another sharp buy entry at 1568.30 in case you missed the first move.
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  • #3,228
  • Feb 4, 2020 6:37am Feb 4, 2020 6:37am
Buy Limit activated.
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  • #3,229
  • Feb 4, 2020 7:26am Feb 4, 2020 7:26am
it seems going to challenge 1560
P.S. Trade with the discipline of Money Management and Risk Management.
  • #3,230
  • Feb 4, 2020 8:06am Feb 4, 2020 8:06am
Breakout is for real o.
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  • #3,231
  • Feb 4, 2020 8:07am Feb 4, 2020 8:07am
Quoting farukh
it seems going to challenge 1560
This is serious.
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  • #3,232
  • Feb 4, 2020 8:31am Feb 4, 2020 8:31am
Long @ 1560 sl @ 1557 TP 1577
  • #3,233
  • Feb 4, 2020 9:04am Feb 4, 2020 9:04am
Update:
The 1555 handle becomes key now, Daily close below that not a good signal for bulls while a close above it give the D1 buy zone bulls a chance, unless already short as did Bitefx, the best thing becomes to wait it out and see how the daily closes....

Initial outlook was for retest of the 1588/7 handle and then get price getting and staying below the H1 200, we didnt retest that high but broke the H1 support and as mentioned, once it goes, the bears will enjoy some pips.....


Green Pips
4&1 All Time Profit: $37,496
  • #3,234
  • Feb 4, 2020 9:42am Feb 4, 2020 9:42am
Bulls buried.
Bears on the road.
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  • #3,235
  • Feb 4, 2020 9:55am Feb 4, 2020 9:55am
Quoting BiteFX
Bulls buried. Bears on the road. {image}
NOt entirely bud.....Bears merely on the upper hand following weeks of onslaught.....Hhehe


Watch for the daily close....
4&1 All Time Profit: $37,496
  • #3,236
  • Edited 2:47pm Feb 4, 2020 2:07pm | Edited 2:47pm
REVERSAL doing fine at the moment...
We Stay Alive.
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  • #3,237
  • Edited 5:50pm Feb 4, 2020 5:32pm | Edited 5:50pm
I'VE SPICED UP THE SOUP A LITTLE FOR US GUYS.
It's easier than ever. I just hope we have a better weapon to fight today.

Resistance moved lower today, occupying Yesterday's Support area. We have to go there.
Bulls found Support at yesterday's Reversal (Key).
Introducing:
Although, trendline crossed down yesterday with a very sharp thrust, yet,
We have Bullish triangle bigger than Bearish triangle today.

We expect a bigger bull's day. (Anything is possible...This is Forex).

We Stay Alive...
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  • #3,238
  • Feb 4, 2020 5:43pm Feb 4, 2020 5:43pm
Quoting BiteFX
I'VE SPICED UP THE SOUP A LITTLE FOR US GUYS. It's easier than ever. I just hope we have a better weapon to fight today. Resistance moved lower today, occupying Yesterday's Support area. We have to go there. Bulls found Support at yesterday's Reversal (Key). Introducing: Although, trendline crossed down yesterday with a very sharp thrust, yet, We have Bullish triangle bigger than Bearish triangle today. We expect a bigger bull's day. (Anything is possible...This is Forex). We StayAlive... {image}
After thought :
1. Buy Support
2. Buy Breakout
3. Sell Resistance
4. Sell Breakout

Let's Stay Alive dudes...
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  • #3,239
  • Feb 4, 2020 8:49pm Feb 4, 2020 8:49pm
05 January 2020


Pullback into daily buy Zone following the break of the H1 200 MA level, we had been preparing and waiting on price to drop from much higher but instead it broke support during the London open hour and just never managed to get back above throughout the day, at the moment the H1 and H4 zones have flipped bearish as such given the fact that we have found interim support from the lower band of the D1 buy zone, position size and entry timing becomes important while we figure out what it wants to do.... In terms of the numbers, we have tagged all but one weekly number to the downside, the last weekly number still in the picture is 1541.18, if that goes/gets tagged then the daily numbers become the focus point for the rest of the week, nb, the broken weekly support numbers become used as resistance number/levels if/when price attempts to rally again...


H1: Bearish and Zone: 1557.22 - 1562.68
H4: Bearish and Zone: 1567.58 - 1570.91
D1: Bullish and Zone: 1549.03 - 1564.25



Intra day Levels

Upside
1579.45
1572.23
1570.51
1567.99
1564.38
1560.77

Downside

1548.85
1545.34
1541.63
1537.42
1529.94
1526.22




Green Pips
4&1 All Time Profit: $37,496
  • #3,240
  • Feb 4, 2020 8:56pm Feb 4, 2020 8:56pm
Quoting BiteFX
{quote} After thought : 1. Buy Support 2. Buy Breakout 3. Sell Resistance 4. Sell Breakout Let's Stay Alive dudes...
Morning Bite,


Would you mind to elaborate a little on this for clarity?
4&1 All Time Profit: $37,496
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