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4 + 1 (Metals) strategy

  • #3,641
  • Feb 23, 2020 6:09pm Feb 23, 2020 6:09pm
Quoting b_hand
{quote} No. I Have stop loss always use it every Single trade. Im just too late for short
haha true, I misread, you said ' Im looking for short' .. cheers
  • #3,642
  • Feb 23, 2020 6:41pm Feb 23, 2020 6:41pm
Quoting b_hand
Im looking for short right now.
BTFD
  • #3,643
  • Feb 23, 2020 6:45pm Feb 23, 2020 6:45pm
Touched 1659 nice scalp
Only short on high today.
  • #3,644
  • Feb 23, 2020 9:53pm Feb 23, 2020 9:53pm
Quoting b_hand
Touched 1659 nice scalp Only short on high today.
Exit my tp2 1670 this morning.
  • #3,645
  • Feb 24, 2020 1:12am Feb 24, 2020 1:12am
Quoting goldgirl
{quote} Exit my tp2 1670 this morning.
Short gold @ 1670 sl 1680, tp 1650
  • #3,646
  • Feb 24, 2020 1:13am Feb 24, 2020 1:13am
24 February 2020



New week, new possibilities,


Primary mistake made last two trading days of the previous week was going against system rules and trying to pick reversal points, all our zones remained bullish and supportive Price action from the H1 remained in place and broke through some key resistance points to the topside, the Gap higher on the weekly open together with current structural high (1680) becomes the next target for the next leg higher,


As things stand,
H1: Bullish and Zone: 1653.6 - 1644.0
H4: Bullish and Zone: 1632.0 - 1617.6
D1: Bullish and Zone: 1597.15 - 1576


Intra day levels
Upside
1704.90
1687.66
1685.90
1667.51
1656.01

Downside
1648.87
1643.21
1635.61
1625.76

Ps* Because we are rallying and have broken out, it becomes important to wait for price to Dip back inside the Zones before we add onto long positions




Green Pips
Attached Image (click to enlarge)
Click to Enlarge Name: XTIUSDH1_LI.jpg Size: 210 KB
4&1 All Time Profit: $37,496
  • #3,647
  • Feb 24, 2020 1:19am Feb 24, 2020 1:19am
Quoting zimasa
hey guys....how can i subscribe to the trading systems?
Hello Zimasa

By commenting on the page you eill automatically get notifications as and when posts are made....


Welcome and green pips to you

4&1 All Time Profit: $37,496
  • #3,648
  • Feb 24, 2020 1:21am Feb 24, 2020 1:21am
Quoting MzansiObi
24 February 2020 New week, new possibilities, Primary mistake made last two trading days of the previous week was going against system rules and trying to pick reversal points, all our zones remained bullish and supportive Price action from the H1 remained in place and broke through some key resistance points to the topside, the Gap higher on the weekly open together with current structural high (1680) becomes the next target for the next leg higher, As things stand, H1: Bullish and Zone: 1653.6 - 1644.0 H4: Bullish and Zone: 1632.0 - 1617.6 D1:...
Associated correct image for H1 buy ZOne supportive structure
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1_LI.jpg Size: 271 KB
4&1 All Time Profit: $37,496
  • #3,649
  • Feb 24, 2020 2:42am Feb 24, 2020 2:42am
Gold still going up.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 66 KB
Learn... Work Hard... Trade Alone
  • #3,650
  • Feb 24, 2020 6:49am Feb 24, 2020 6:49am
24 February 2020


Pending Buy Order

1674.63
SL 1660
TP OPen
4&1 All Time Profit: $37,496
  • #3,651
  • Feb 24, 2020 7:35am Feb 24, 2020 7:35am
Quoting MzansiObi
24 February 2020 Pending Buy Order 1674.63 SL 1660 TP OPen
Taking 90% off the table remaining 10% will run stops at entry.
4&1 All Time Profit: $37,496
  • #3,652
  • Feb 24, 2020 9:06am Feb 24, 2020 9:06am
Quoting MzansiObi
{quote} Taking 90% off the table remaining 10% will run stops at entry.
Followed this thanks Mz.
  • #3,653
  • Feb 24, 2020 10:30am Feb 24, 2020 10:30am
Update:


Price is finally inside the H1 buy zone,

As such good opportunity to look for long setups here, need to see a bullish H1 close to further validate the buy entry...


Green Pips
4&1 All Time Profit: $37,496
  • #3,654
  • Feb 24, 2020 10:52am Feb 24, 2020 10:52am
Gold eyeing 1655.13
Learn... Work Hard... Trade Alone
  • #3,655
  • Feb 24, 2020 10:54am Feb 24, 2020 10:54am
Quoting BiteFX
Gold eyeing 1655.13
Patiently waiting for the Buy.
Learn... Work Hard... Trade Alone
  • #3,656
  • Feb 24, 2020 10:56am Feb 24, 2020 10:56am
I am currently playing the waiting game.
On the M15 time frame price is busy bouncing off the 15EMA to the down side.
Price is also making lower highs and lower lows on M15
Currently against my religion to short gold.
Couple of big pivot levels just below.
Weekly R1 at 1669.09
Daily R2 at 1667.62
Monthly R2 at 1666.71
One can live in the shadow of an idea without grasping it.
  • #3,657
  • Feb 24, 2020 11:41am Feb 24, 2020 11:41am
Quoting Trader1971
I am currently playing the waiting game. On the M15 time frame price is busy bouncing off the 15EMA to the down side. Price is also making lower highs and lower lows on M15 Currently against my religion to short gold. Couple of big pivot levels just below. Weekly R1 at 1669.09 Daily R2 at 1667.62 Monthly R2 at 1666.71
15EMA on M15 time frame is sloping down.
Price not able to close above 15EMA for a entry long.
Lets see if the pivot cluster can offer good support.
Break of pivot cluster to the down side might suggest
a move lower to close today's opening gap.
Currently just consolidating - moving sideways.
One can live in the shadow of an idea without grasping it.
  • #3,658
  • Feb 24, 2020 12:04pm Feb 24, 2020 12:04pm
Quoting Trader1971
{quote} 15EMA on M15 time frame is sloping down. Price not able to close above 15EMA for a entry long. Lets see if the pivot cluster can offer good support. Break of pivot cluster to the down side might suggest a move lower to close today's opening gap. Currently just consolidating - moving sideways.
I agree with the downward slop, but lets keep in mind that we have had bearish H1 candles all along so the current slope is somewhat justified, in terms of the stochs and Rsi, they theu beginning to point up .
That previous bullish H1 candle is a good sign for further topside, think we consolidate sideways for a bit and watch what it does, im already in long looking for some pips here and there and as soon as the D1 closes, will work out new numbers for the day to try work out target to the top and bottom...lets see
4&1 All Time Profit: $37,496
  • #3,659
  • Feb 24, 2020 12:11pm Feb 24, 2020 12:11pm
Up movement continues.
Learn... Work Hard... Trade Alone
  • #3,660
  • Feb 24, 2020 12:17pm Feb 24, 2020 12:17pm
Long 1675. Tp open
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