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4 + 1 (Metals) strategy

  • #3,301
  • Feb 6, 2020 4:13am Feb 6, 2020 4:13am
Quoting Spirit4eva
Gooday Fam!!! Really been a while cos ive been swinging for a while now. so far gold has been on an uptrend and just broke out of my TL support yesterday. Its been bullish for hours now....and im seeing it as a retest of broken TL to probably turn it to a resistance....if my pattern does play out on H4 I should conclude on going short. TP1 - 1550 level TP2 - 1530 level. Proper Risk management is key and remember we trade probabilities. Safe trading to y'all!!! {image}
I'm with you... Let's see if it plays out Bro.
Welcome back.
Attached Image (click to enlarge)
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  • #3,302
  • Feb 6, 2020 4:39am Feb 6, 2020 4:39am
Hi all, another perspective. I'm new and still learning, just sharing my analysis and thoughts.
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  • #3,303
  • Feb 6, 2020 4:58am Feb 6, 2020 4:58am
Quoting likeasunrise
Hi all, another perspective. I'm new and still learning, just sharing my analysis and thoughts. {image}
There is no new soldier on the battle ground.
We are all traders. We Stay Alive.
You may be new, but may have acquired the experience of 20 years in trading by devouring the materials of a successful 20 years trader.

*But can you please explain you perspective from the chart?*
Thanks a lot bro
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  • #3,304
  • Feb 6, 2020 4:59am Feb 6, 2020 4:59am
Almost there!
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  • #3,305
  • Feb 6, 2020 5:10am Feb 6, 2020 5:10am
Fake sell, I am waiting, thank you.
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  • #3,306
  • Feb 6, 2020 5:23am Feb 6, 2020 5:23am
Quoting BiteFX
{quote} There is no new soldier on the battle ground. We are all traders. We Stay Alive. You may be new, but may have acquired the experience of 20 years in trading by devouring the materials of a successful 20 years trader. *But can you please explain you perspective from the chart?* Thanks a lot bro
Hey Bite, inverse h & s with extension from neckline to target. Equal distance from neckline to bottom of head.
Courtesy of 'newbies' chart pattern training.
  • #3,307
  • Feb 6, 2020 5:48am Feb 6, 2020 5:48am
Quoting likeasunrise
{quote} Hey Bite, inverse h & s with extension from neckline to target. Equal distance from neckline to bottom of head. Courtesy of 'newbies' chart pattern training.
Nice one dude.
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  • #3,308
  • Feb 6, 2020 5:50am Feb 6, 2020 5:50am
Fake sell...I'm waiting for you patiently.
Almost there at my 1st Sell.
Quickly finish your buy.
Thank you.
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  • #3,309
  • Feb 6, 2020 9:06am Feb 6, 2020 9:06am
I am waiting for you.
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  • #3,310
  • Feb 6, 2020 9:53am Feb 6, 2020 9:53am
Quoting Spirit4eva
Gooday Fam!!! Really been a while cos ive been swinging for a while now. so far gold has been on an uptrend and just broke out of my TL support yesterday. Its been bullish for hours now....and im seeing it as a retest of broken TL to probably turn it to a resistance....if my pattern does play out on H4 I should conclude on going short. TP1 - 1550 level TP2 - 1530 level. Proper Risk management is key and remember we trade probabilities. Safe trading to y'all!!! {image}
Sir,, what is the meaning of TL.
  • #3,311
  • Feb 6, 2020 10:14am Feb 6, 2020 10:14am
Quoting Rudrax
{quote} Sir,, what is the meaning of TL.
Trend line
P.S. Trade with the discipline of Money Management and Risk Management.
  • #3,312
  • Feb 6, 2020 11:03am Feb 6, 2020 11:03am
Sell Limit...1568.36
I'm waiting, but it is a reversal on today's up trend.
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  • #3,313
  • Feb 6, 2020 11:04am Feb 6, 2020 11:04am
Quoting BiteFX
Sell Limit...1568.36 I'm waiting, but it is a reversal on today's up trend.
Yet to be activated.
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  • #3,314
  • Feb 6, 2020 4:22pm Feb 6, 2020 4:22pm
Sell limit order was never activated until it was cancelled at 22.50 time.
Tommorrow is another day.
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  • #3,315
  • Feb 6, 2020 5:14pm Feb 6, 2020 5:14pm
I keep on following my curiosity and imagination until I get there.
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  • #3,316
  • Feb 6, 2020 5:21pm Feb 6, 2020 5:21pm
FOR TODAY
Trend-
We have a new resistance and a new support.
Trade idea
1. Buy RESISTANCE
2. Buy PIVOT
Until...Breakout or Reversal.
Follow the chart.
Attached Image (click to enlarge)
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  • #3,317
  • Feb 6, 2020 5:32pm Feb 6, 2020 5:32pm
Quoting BiteFX
FOR TODAY Trend- We have a new resistance and a new support. Trade idea 1. Buy RESISTANCE 2. Buy PIVOT Until...Breakout or Reversal. Follow the chart. {image}
After thought :
We follow the trend, selling is at a great risk.
Thank you... We Stay Alive today
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  • #3,318
  • Feb 6, 2020 5:32pm Feb 6, 2020 5:32pm
guys, can you please read post #1, this thread is dedicated to a specific strategy Obi is sharing with us and daily talking about it.... Now, his posts are buried with non related to the original strategy... that is fine and greatly appreciated that you share your calls, strategies. I think everyone agree with this and its good to have different point of view even on a specific strategy..

But I guess it only make sense to :
- create your own thread
- post in a more generic Gold related thread, like this one

Green pips to all
  • #3,319
  • Feb 6, 2020 5:36pm Feb 6, 2020 5:36pm
Quoting BiteFX
FOR TODAY Trend- We have a new resistance and a new support. Trade idea 1. Buy RESISTANCE 2. Buy PIVOT Until...Breakout or Reversal. Follow the chart. {image}
As usual, trade idea till 22:50 server .
Learn... Work Hard... Trade Alone
  • #3,320
  • Feb 6, 2020 5:40pm Feb 6, 2020 5:40pm
Quoting Tragruel
guys, can you please read post #1, this thread is dedicated to a specific strategy Obi is sharing with us and daily talking about it.... Now, his posts are buried with non related to the original strategy... that is fine and greatly appreciated that you share your calls, strategies. I think everyone agree with this and its good to have different point of view even on a specific strategy.. But I guess it only make sense to : - create your own thread - post in a more generic Gold related thread, like this...
Oh sorry dude.
I didn't read post 1.
I got you.
Thanks man.
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