4 + 1 (Metals) strategy | Page 187 | 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

  • #3,721
  • Feb 28, 2020 1:23am Feb 28, 2020 1:23am
Gold breaks two days low...Good for the bears
Learn... Work Hard... Trade Alone
  • #3,722
  • Feb 28, 2020 1:28am Feb 28, 2020 1:28am
Quoting BiteFX
Gold breaks two days low...Good for the bears
@Bitefx
what could be the reason for gold to go low, when equities and usdx is taking hit.

Gold should be running up, ryt.
what do you think?
  • #3,723
  • Feb 28, 2020 1:34am Feb 28, 2020 1:34am
Quoting BiteFX
My Today's Trade Idea... Last Trading day of the month...BIG CAUTION! Something will happen. Either up or down. But, with my price channel facing down, I am only looking for short opportunities. We are always wrong until the market says we are right. Limit order at R stop loss at B Stop order at P stop loss at R We Stay Alive dudes... {image} {image}
Nearest target at V. 1620.17...
Then I will buy at 1B. 1601.72
Playing safe...to stay alive
Learn... Work Hard... Trade Alone
  • #3,724
  • Feb 28, 2020 1:35am Feb 28, 2020 1:35am
Quoting BiteFX
{quote} Nearest target at V. 1620.17... Then I will buy at 1B. 1601.72
Won't you buy at V. 1620
  • #3,725
  • Feb 28, 2020 1:50am Feb 28, 2020 1:50am
Quoting Idunnu
{quote} Won't you buy at V. 1620
No o...
Eh, the Bears are gaining momentum right now...I think at 1st Buy, they would be exhausted. Then, I will buy.
Learn... Work Hard... Trade Alone
  • #3,726
  • Feb 28, 2020 1:57am Feb 28, 2020 1:57am
See the current H1 candle on the first chart.
Then see the 1B on the second chart.
If it doesn't get to 1B...then till next Month.
Last trading day of the month... Caution in play.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_20200228_085155_797.jpg Size: 98 KB
Click to Enlarge Name: IMG_20200228_002725_685.jpg Size: 87 KB
Learn... Work Hard... Trade Alone
  • #3,727
  • Feb 28, 2020 2:04am Feb 28, 2020 2:04am
Quoting finnyjosh
{quote} @Bitefx what could be the reason for gold to go low, when equities and usdx is taking hit. Gold should be running up, ryt. what do you think?
TECHNICALS.
This market has already gone 275+ pips today... Is that not down enough?

I am only going to buy at 1B.
If price doesn't get there today, Sote. If it does, Sote.
Learn... Work Hard... Trade Alone
  • #3,728
  • Feb 28, 2020 2:29am Feb 28, 2020 2:29am
Quoting MzansiObi
28 February 2020 Last one for the week following the bearish daily close, market has continued rejecting price action to the top, although we did have a bullish D1 candle, price remains rejected to the topside. So much so that the H4 buy zone remains bullish with a neutral bias as it slopes sideways...... Will be looking to see how the weekly closes and also how much longer the H4 buy zone can remain intact. lets see what London does when they open open H1:Bearish and Zone: 1645 - 1646.02 H4: Bullish and Zone: 1645.81 - 1641.27 D1: Bullish and Zone:...
That 1621.2handle providing a wick. It will be revisited again if the H1 sell zone remains intact we are yet to get H4 closes below the hard stop area on the H4 chart..... bears most immediate target has been marked....
4&1 All Time Profit: $37,496
  • #3,729
  • Feb 28, 2020 2:30am Feb 28, 2020 2:30am
@finnyjosh, this people are very funny(big boys) . They will just shake up the whole thing... But, I follow what I planned.
I believe I am wrong until the market says I am right.
That's all I do bro.
Learn... Work Hard... Trade Alone
  • #3,730
  • Feb 28, 2020 2:42am Feb 28, 2020 2:42am
Quoting MzansiObi
{quote} That 1621.2handle providing a wick. It will be revisited again if the H1 sell zone remains intact we are yet to get H4 closes below the hard stop area on the H4 chart..... bears most immediate target has been marked....
MzansiObi you are on point... Your analysis are too much for me.
Thanks bro.
Learn... Work Hard... Trade Alone
  • #3,731
  • Feb 28, 2020 3:34am Feb 28, 2020 3:34am
Quoting BiteFX
@finnyjosh, this people are very funny(big boys) . They will just shake up the whole thing... But, I follow what I planned. I believe I am wrong until the market says I am right. That's all I do bro.
Pending buy order
1528.58
SL 1516
TP Open



Lets see what it does thereabout, London open hour bought on. H4 still bullish, but will reduce lot size as the H4 Buy ZOne is beginning to slope downwards....

Green Pips
4&1 All Time Profit: $37,496
  • #3,732
  • Feb 28, 2020 3:36am Feb 28, 2020 3:36am
Quoting MzansiObi
{quote} Pending buy order 1528.58 SL 1516 TP Open Lets see what it does thereabout, London open hour bought on. H4 still bullish, but will reduce lot size as the H4 Buy ZOne is beginning to slope downwards.... Green Pips
H4 Close below the Hard stop handle for buy orders, as such the short term outlook becomes to short the H1 sell ZOne towards the D1 buy ZOne area
4&1 All Time Profit: $37,496
  • #3,733
  • Feb 28, 2020 5:07am Feb 28, 2020 5:07am
Long 1632 sl 1620 tp 1660
Attached Image (click to enlarge)
Click to Enlarge Name: 4EDEFB24-0CE5-4C15-B443-DA2870B30D83.jpeg Size: 1.5 MB
  • #3,734
  • Feb 28, 2020 5:10am Feb 28, 2020 5:10am
This Bulls are as stubborn as Tyson Fury who will never give up and eventually ended up winning the championship belt.
Learn... Work Hard... Trade Alone
  • #3,735
  • Feb 28, 2020 6:36am Feb 28, 2020 6:36am
Idunu, are you seeing the drama?
Learn... Work Hard... Trade Alone
  • #3,736
  • Feb 28, 2020 6:44am Feb 28, 2020 6:44am
I had to sit on my hand... it is so tempting to buy V. 1620.17
Learn... Work Hard... Trade Alone
  • #3,737
  • Feb 28, 2020 6:48am Feb 28, 2020 6:48am
Quoting BiteFX
I had to sit on my hand... it is so tempting to buy V. 1620.17
Let me wait till next candle in the next 12 minutes to see if I can counter-trend trade it for small pips.
Bears have done over 315pips so far.
Learn... Work Hard... Trade Alone
  • #3,738
  • Feb 28, 2020 6:55am Feb 28, 2020 6:55am
Quoting BiteFX
Idunu, are you seeing the drama?
Yes I am, I'm thinking of buying now
  • #3,739
  • Feb 28, 2020 7:35am Feb 28, 2020 7:35am
Quoting Idunnu
{quote} Yes I am, I'm thinking of buying now
Ouk
Learn... Work Hard... Trade Alone
  • #3,740
  • Feb 28, 2020 7:44am Feb 28, 2020 7:44am
Dynamic resistance working tirelessly to ensure price doesn't go up.
But, I know the bulls are stubborn.
Learn... Work Hard... Trade Alone
3 traders viewing now