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4 + 1 (Metals) strategy

  • #3,781
  • Mar 4, 2020 1:42am Mar 4, 2020 1:42am
04 March 2020


D1 buy zone produced bullish rally, and as mentioned, when daily bulls get going they don’t mess around. H1 is bullish and so too is the D1 as such we revert to buying. H4 is currently busy with the crossover and as such we wait and see how it plays out, for now though we can look at going long on dips inside the H1 buy Zone.

yesterdays objective was to get above and also close above the H1 sell zones hard stop handle at 1598 considering the fact that H1 buyers from LO bought inside the D1 buy Zone. Then to look to buy the 1600 dip.... today we are clear of our zones and will look for further validation of our bullish buy dip mode once London opening hour closes


H1:Bullish and Buy Zone: 1636.83 - 1627.18 [HS:1620.41]
H4: neautral
D1: Bullish and Buy Zone: 1615.63 - 1595.77[HS:1589.64]


Intra day Levels of interest
Upside
1689.19
1666.37
1664.62
1661.68
1649.45
Downside
1625.66
1621.41
1618.18
1611.26
1600.32
1598.23



Green Pips
4&1 All Time Profit: $37,496
  • #3,782
  • Mar 4, 2020 1:59am Mar 4, 2020 1:59am
Bearish pull back on the main bullish trend. Am in already.
Once the Bears are done, I am thinking of going long at my support.
Attached Image (click to enlarge)
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  • #3,783
  • Mar 4, 2020 3:22am Mar 4, 2020 3:22am
Quoting MzansiObi
04 March 2020 D1 buy zone produced bullish rally, and as mentioned, when daily bulls get going they don’t mess around. H1 is bullish and so too is the D1 as such we revert to buying. H4 is currently busy with the crossover and as such we wait and see how it plays out, for now though we can look at going long on dips inside the H1 buy Zone. yesterdays objective was to get above and also close above the H1 sell zones hard stop handle at 1598 considering the fact that H1 buyers from LO bought inside the D1 buy Zone. Then to look to buy the 1600 dip.......
Going to be bold and call the 1620
as the low of the day....
bearish volume isn’t all that convincing.


Ride the zone for the day, as things stand we bullish....
4&1 All Time Profit: $37,496
  • #3,784
  • Mar 4, 2020 3:24am Mar 4, 2020 3:24am
Pending Buy Order:
1630
Sl 1620
TP open.



Lets see
4&1 All Time Profit: $37,496
  • #3,785
  • Mar 4, 2020 11:22am Mar 4, 2020 11:22am
Update:H1 buy zone continued to act supportive throughout the day....but may need to err on the side of caution as there is some bearish RSI divergence on the H1 let’s look for a retest of that m15 200 MA handle and see what it does when it gets there....



green Pips
4&1 All Time Profit: $37,496
  • #3,786
  • Edited Mar 5, 2020 1:17am Mar 4, 2020 11:51pm | Edited Mar 5, 2020 1:17am
Today, Bearish Trend lines are crossed downwards.
End of the week trading.
NFP DAY is coming too tomorrow.
Chart showing a pennant formation.
Trade idea: Looking to Buy Support, Breakout. But got a pending Buy stop at Pivot in case of a run away market.

Let's Stay Alive dudes.
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  • #3,787
  • Edited 1:18am Mar 5, 2020 1:06am | Edited 1:18am
Quoting BiteFX
Today, Bearish Trend lines are crossed downwards. End of the week trading. NFP DAY. Chart showing a pennant formation. Trade idea: Looking to Buy Support, Breakout. But got a pending Buy stop at Pivot in case of a run away market. Let's Stay Alive dudes. {image}
Agree and Im in 1640 tp 1659 sl 1620
  • #3,788
  • Mar 5, 2020 1:47am Mar 5, 2020 1:47am
Quoting b_hand
{quote} Agree and Im in 1640 tp 1659 sl 1620
Closed h4 looking for seller 61.8...
Attached Image (click to enlarge)
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  • #3,789
  • Mar 5, 2020 2:06am Mar 5, 2020 2:06am
05 March 2020


We remain bullish......supportive H1 has allowed us to buy the bottom of the range from the past couple of sessions. all three time frames are aligned and as such although we may see a correction towards the low 1620’s, will be looking to use that as an opportunity to go long. Classic cup and handle pattern busy playing out on the H1 with its target near what would become the right shoulder of our Inverted HnS pattern that would have a target around the 1717 target....of course thats provided the current structural low around the low 1560’s holds.


Position size and entry becomes Key to manage risk accordingly



H1 Bullish to Neutral: 1639.59 - 1636.94
H4 Bullish and Zone: 1632.58 - 1628.84
D1 Bullish and Zone: 1618.45 - 1599.61


Intra day levels of Interest
Upside
1665.83
1662.15
1661.24
1653.30
1648.39
1645.41
Downside
1637.04
1632.45
1627.61
1625.24
1619.68
1617.15
1594.51



Green Pips
4&1 All Time Profit: $37,496
  • #3,790
  • Mar 5, 2020 2:08am Mar 5, 2020 2:08am
Let we see what penant tell us
  • #3,791
  • Mar 5, 2020 2:16am Mar 5, 2020 2:16am
Daily closed below 61.8.
Attached Image (click to enlarge)
Click to Enlarge Name: 60AA3CAC-5A25-43A7-9C65-87DD70518B66.png Size: 275 KB
  • #3,792
  • Mar 5, 2020 2:30am Mar 5, 2020 2:30am
Quoting b_hand
Daily closed below 61.8. {image}
Hence the assumption we may pullback inside the H4 buy zone....got more reason to look North than South
4&1 All Time Profit: $37,496
  • #3,793
  • Mar 5, 2020 2:30am Mar 5, 2020 2:30am
Quoting b_hand
Daily closed below 61.8. {image}
Bro, anything is possible!
Tuesday is a recent perfect example of that.
Let's wait Alive, and see what happens Alive.
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  • #3,794
  • Mar 5, 2020 3:04am Mar 5, 2020 3:04am
Update: H1 candle from LO bullish.
H1 zone Bullish
as such will look to continue buying inside the H1 zone and cashing out....


green Pips
4&1 All Time Profit: $37,496
  • #3,795
  • Mar 5, 2020 3:07am Mar 5, 2020 3:07am
Quoting MzansiObi
Update: H1 candle from LO bullish. H1 zone Bullish as such will look to continue buying inside the H1 zone and cashing out.... green Pips
Most immediate H1 target at 1645....
4&1 All Time Profit: $37,496
  • #3,796
  • Mar 5, 2020 4:12am Mar 5, 2020 4:12am
Quoting MzansiObi
{quote} Most immediate H1 target at 1645....
Achieved....now will wait for 1640 to be retested and load another set looking further north
4&1 All Time Profit: $37,496
  • #3,797
  • Mar 5, 2020 4:38am Mar 5, 2020 4:38am
Quoting MzansiObi
{quote} Achieved....now will wait for 1640 to be retested and load another set looking further north
I was at the party!
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  • #3,798
  • Mar 5, 2020 4:44am Mar 5, 2020 4:44am
Quoting BiteFX
{quote} I was at the party!
Just that, I like to stay until the DJ says it's goodnight.
Then, I take whatever have got big or small. What matters to me is staying true to what I planned for the day.
I know it will compound for me positively in the long run.
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  • #3,799
  • Mar 5, 2020 5:41am Mar 5, 2020 5:41am
Quoting MzansiObi
{quote} Achieved....now will wait for 1640 to be retested and load another set looking further north
Adjusting this entry to 1643.80
sl @1630
TP open
4&1 All Time Profit: $37,496
  • #3,800
  • Mar 5, 2020 6:28am Mar 5, 2020 6:28am
Gold eyeing V-1666.28 Reversal.
I Stay Alive...
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