4 + 1 (Metals) strategy | Page 191 | 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

  • #3,801
  • Mar 5, 2020 7:40am Mar 5, 2020 7:40am
We have a breakout at B as on the chart...
Gold eyeing V.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20200305_142841_347.jpg Size: 101 KB
Learn... Work Hard... Trade Alone
  • #3,802
  • Mar 5, 2020 12:37pm Mar 5, 2020 12:37pm
Quoting BiteFX
We have a breakout at B as on the chart... Gold eyeing V. {image}
Alright. Profit Target reached.
Cool 258 pips.
Thank you.
I Came Out Alive.
Learn... Work Hard... Trade Alone
  • #3,803
  • Edited 7:13pm Mar 5, 2020 12:53pm | Edited 7:13pm
One of my parameters towards tomorrow says Bulls are exhausted... And this coincides with my chart's Reversal.
So, I've got a short running already from there.
Learn... Work Hard... Trade Alone
  • #3,804
  • Mar 6, 2020 1:47am Mar 6, 2020 1:47am
6 March 2020


Inverse HnS as mentioned yesterday still intact.
we continue looking for ah1 buy dips till we achieve that 1717 target. If already in long, we can look to continue trailing.
it becomes best and advisable to refrain from selling this thing and instead look to use the dips as pullbacks to go long.


H1:1669.66 - 1661.33 [1657.70].
H4:1653.69 - 1642.23 [1635.85].
D1:1627.04 - 1605.15 [1596.29].


Intra day levels
Upside
1700.16
1685.01
1675.66
1666.21
1661.00

Downside
1658
1656.09
1652.49
1645.36
1636.01
1634.84




Green Pips
4&1 All Time Profit: $37,496
  • #3,805
  • Mar 6, 2020 2:10am Mar 6, 2020 2:10am
I long since 1633 , SL trailing, tp1 1689, the 1734
  • #3,806
  • Mar 6, 2020 3:05am Mar 6, 2020 3:05am
Quoting MzansiObi
6 March 2020 Inverse HnS as mentioned yesterday still intact. we continue looking for ah1 buy dips till we achieve that 1717 target. If already in long, we can look to continue trailing. it becomes best and advisable to refrain from selling this thing and instead look to use the dips as pullbacks to go long. H1:1669.66 - 1661.33 [1657.70]. H4:1653.69 - 1642.23 [1635.85]. D1:1627.04 - 1605.15 [1596.29]. Intra day levels Upside 1700.16 1685.01 1675.66 1666.21 1661.00 Downside 1658 1656.09 1652.49 1645.36 1636.01 1634.84 Green Pips
And just like that LO is bullish, as such will continue buying H1 dips hard stops for H1 buy zone @1657, meaning any H1 close below that handle means we cut our losses....
4&1 All Time Profit: $37,496
  • #3,807
  • Mar 6, 2020 4:09am Mar 6, 2020 4:09am
Quoting goldgirl
I long since 1633 , SL trailing, tp1 1689, the 1734
Take 50% profit now
  • #3,808
  • Mar 6, 2020 4:16am Mar 6, 2020 4:16am
Quoting goldgirl
{quote} Take 50% profit now
Tp1 1689 exit
  • #3,809
  • Mar 6, 2020 8:10am Mar 6, 2020 8:10am
Quoting goldgirl
{quote} Tp1 1689 exit
Took a long around the 1670 handle...have cashed out some and left some on the Table.
The H1 buy zone has acted supportive yet again..

Let’s see how the daily closes...

Green Pips.
4&1 All Time Profit: $37,496
  • #3,810
  • Mar 6, 2020 8:34am Mar 6, 2020 8:34am
That 1670 entry was awesome.
  • #3,811
  • Mar 9, 2020 3:04am Mar 9, 2020 3:04am
9 February 2020


New week, New Possibilities.

Overall market structure remains bullish across all three time frames of interest. Since breaking out, we haven’t had H1 candle closing below the hard stop area up until today, with that said, the bearish H1 close below today’s hard stop handle, currently at 1676.47 means we need to wait for H1 candles to close back above the handle to continue buying the H1 buy zone, until that happens, we look to wait and see how Price behaves inside our H4 zone.


H1: Bullish and Zone: 1676.36 -1680.00
H4: Bullish and Zone: 1669.90 -1653.85[1645.33]
D1: Bullish and Zone: 1609.91 - 1635.32

Intra day Levels
Upside
1719.20
1704.10
1700.27
1688.59


Downside
1670.10
1666.3
1650.54
1643.21
1639.2
1620.3




Green Pips
4&1 All Time Profit: $37,496
  • #3,812
  • Mar 9, 2020 8:52am Mar 9, 2020 8:52am
Update: market showing signs a of choppiness.


Bearish H1 sentiment following bearish LO hour means we wait on the bulls to kick in a little longer....

Some touches of the H4 buy zone has resulted in a bit of a supportive bounce.


Risk management becomes key now....



Green Pips
4&1 All Time Profit: $37,496
  • #3,813
  • Mar 9, 2020 11:30am Mar 9, 2020 11:30am
H1 zone flipping bearish.
Hard stop for sellers as per system is around the 1679 handle for the H1 sell zone.


However, it’s more of an intraday corrective move as the overal picture still remains bullish throughout....

The idea now becomes to buy H4 dips and trail and see what price does near that 1679
handle....


Green Pips
4&1 All Time Profit: $37,496
  • #3,814
  • Mar 10, 2020 2:01am Mar 10, 2020 2:01am
10 February 2020


H1 flopped bearish and price has found support around the H4 buy zone.


As such bis becomes to sell the H1 sell zone into the H4 buy zone and lock in profits and see if the H1 sellers can push price beyond the H4 hard stop handle and the H4 buyers will look to break and close above the H1 hard stop handle at 1672.96. So buyers need a break and close above 1672.96 and sellers need a clear break and close below the 1651.45 handle....

The daily close although bearish left a long wick to the bottom showing how the overall bullish sentiment was still in play with prices being rejected to the bottom.


H1: bearish and sell zone: 1667.20 - 1670.28 [1672.96]
H4: bullish and buy zone: 1658.64 - 1666.30 [1651.45]
D1: bullish and buy zone: 1638.44 - 1613.17 [1604.77]

Intra day levels
Upside
1708.55
1697.76
1685.98
1680.54
1670.38
downside
1662.83
1652.04
1648.66
1642.55
1632.29

The outlook then for today becomes to see what price does when it gets to our H4 zone and whether it closes below the hard stop and then to look at what price does when it gets to the H1 zone and look whether or not it breaks the hard stop.

Green Pips
4&1 All Time Profit: $37,496
  • #3,815
  • Mar 10, 2020 6:13am Mar 10, 2020 6:13am
Quoting MzansiObi
10 February 2020 H1 flopped bearish and price has found support around the H4 buy zone. As such bis becomes to sell the H1 sell zone into the H4 buy zone and lock in profits and see if the H1 sellers can push price beyond the H4 hard stop handle and the H4 buyers will look to break and close above the H1 hard stop handle at 1672.96. So buyers need a break and close above 1672.96 and sellers need a clear break and close below the 1651.45 handle.... The daily close although bearish left a long wick to the bottom showing how the overall bullish sentiment...
Update: some sell off with the previous retest of the H1 sell zone.

however, now we update the Hard stop for the H1 sell zone to 1670.61
And 1652.57 for H4 buyers....

Green Pips
4&1 All Time Profit: $37,496
  • #3,816
  • Mar 10, 2020 9:54am Mar 10, 2020 9:54am
Some bullish H1 divergence beginning to creep in on this now...as such it’s wise to take partial profits off of the H1 sell setups
4&1 All Time Profit: $37,496
  • #3,817
  • Mar 10, 2020 10:23am Mar 10, 2020 10:23am
Let see 1700 on the way
  • #3,818
  • Mar 10, 2020 11:02am Mar 10, 2020 11:02am
Quoting b_hand
Let see 1700 on the way
Yeah H4 bulls are taking their time in getting us there.....
H1 bears are beginning to show some exhaustion the 1652 downside handle is holding a bit at the moment let’s see how long
4&1 All Time Profit: $37,496
  • #3,819
  • Mar 10, 2020 2:26pm Mar 10, 2020 2:26pm
Update:
H1 200 MA brought into play now....price at a key area now....if we get below this handle on an H1 closing basis, theH4 bulls will have their work cut out for them....


D1 close in a bit let’s see....
4&1 All Time Profit: $37,496
  • #3,820
  • Mar 10, 2020 7:04pm Mar 10, 2020 7:04pm
Quoting MzansiObi
Update: H1 200 MA brought into play now....price at a key area now....if we get below this handle on an H1 closing basis, theH4 bulls will have their work cut out for them.... D1 close in a bit let’s see....
Price back above the H1 200 buy H4 closed below the Hard stop area as such will keep an Eye on whether we continue climbing above the H1 200 and the H4 close back above the hard stop handle....
4&1 All Time Profit: $37,496
7 traders viewing now