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4 + 1 (Metals) strategy

  • #4,201
  • Jun 17, 2020 3:02am Jun 17, 2020 3:02am
Quoting MzansiObi
17 June 2020 H1 Zone is flat with a neutral bias, H1 zone trading in a confinde range and would like to see a breakout from said range H4 and D1 Zones both bullish and remain bullish. We continue to look for Buy Dip opportunities inside of the D1 zone specifically. Given the current H1 structure, price has also printed what looks to be an inverted HnS on the H1, however a retest of yesterdays lows remains on the cards should we continue trading below the 1726.68 mark..... Intra Day Levels Upside 1748.43 1741.31 1735.20 1731.42 1726.68 Downside 1721.99...
Bearish LO H1 Candle, expecting further downside towards the 3rd downside level(1715.42) to look to go long as price would also be inside the D1 Buy Zone.


Green Pips
4&1 All Time Profit: $37,496
  • #4,202
  • Jun 17, 2020 4:50am Jun 17, 2020 4:50am
Quoting MzansiObi
{quote} Bearish LO H1 Candle, expecting further downside towards the 3rd downside level(1715.42) to look to go long as price would also be inside the D1 Buy Zone. Green Pips
Most of the Downside objectives reached now looking to begin accumulating long orders, Looking out for a series of bullish closes around current levels then loading long.
4&1 All Time Profit: $37,496
  • #4,203
  • Jun 17, 2020 7:23am Jun 17, 2020 7:23am
Pending Buy Order
1713
Sl below weekly low.
smaller position size. Range bound trading on H1 signals some consolidation inside D1 buy zone. As such wash rinse repeat zone and levels till we get breakout above the 1740 target or price begins closing below the 1680 handle on the daily then we flip bearish. But unless we get daily closes below that, not looking to short Gold.


Green Pips
4&1 All Time Profit: $37,496
  • #4,204
  • Jun 18, 2020 2:01am Jun 18, 2020 2:01am
18 June 2020



Range bound trading continues, the H1 is flat once again ahead of LO, as such we look for clarity from the london opening hour for sentiment for the intra day trend. The D1 zones remain relevant as and when price gets there but till then we look to manage risk by managing position size accordingly.
Im looking for further weakness as we are hovering near the D1 open and still below some weekly levels.


Intra Day Levels
Upside
1746.90
1740.77
1734.05
1729.90
Downside
1723.57
1716.46
1712.31
1706.79


Green Pips
4&1 All Time Profit: $37,496
  • #4,205
  • Jun 18, 2020 2:07am Jun 18, 2020 2:07am
Quoting MzansiObi
18 June 2020 Range bound trading continues, the H1 is flat once again ahead of LO, as such we look for clarity from the london opening hour for sentiment for the intra day trend. The D1 zones remain relevant as and when price gets there but till then we look to manage risk by managing position size accordingly. Im looking for further weakness as we are hovering near the D1 open and still below some weekly levels. Intra Day Levels Upside 1746.90 1740.77 1734.05 1729.90 Downside 1723.57 1716.46 1712.31 1706.79 Green Pips
H1: Neutral
H4: Bullish
D1: Bullish
4&1 All Time Profit: $37,496
  • #4,206
  • Jun 18, 2020 3:01am Jun 18, 2020 3:01am
Update:
Bullish London Open, as such will be looking to buy dips near some of the downside intra day levels.
Interim Target becomes the second intra day upside level.
Green Pips
4&1 All Time Profit: $37,496
  • #4,207
  • Jun 18, 2020 4:05am Jun 18, 2020 4:05am
Quoting MzansiObi
Update: Bullish London Open, as such will be looking to buy dips near some of the downside intra day levels. Interim Target becomes the second intra day upside level. Green Pips
Interim Target reached
4&1 All Time Profit: $37,496
  • #4,208
  • Jun 21, 2020 3:01pm Jun 21, 2020 3:01pm
Inserted Video
P.S. Trade with the discipline of Money Management and Risk Management.
  • #4,209
  • Jun 26, 2020 4:31am Jun 26, 2020 4:31am
Sell @1765-1768 or @1773-1775 or if h1 closes below 1753. Manage your stop losses following risk management and money management.

Inserted Video
P.S. Trade with the discipline of Money Management and Risk Management.
  • #4,210
  • Jun 27, 2020 8:30am Jun 27, 2020 8:30am
We see bullish breakout on daily so 1800 this month will be reached
Attached Image (click to enlarge)
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  • #4,211
  • Jul 2, 2020 4:15am Jul 2, 2020 4:15am
02 July 2020


Naked H1 chart showing upward continuation towards that 1820 target as per the Inverse HnS pattern we have been trading and looking at for the past couple of months.

The D1 buy Zone as continued to trickle along higher while price has also continued to support the zones well. As things stand given the Naked H1 structure, the Bearish H1 sell zone fits in well with the sideways consolidation before the breakout, as such will continue looking to use any dip to go long while also respecting the respective intra day levels...


Will resume posting regularly as of Monday(6 July 2020).

Green Pips
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: XAUUSDH1_LI.jpg Size: 689 KB
4&1 All Time Profit: $37,496
  • #4,212
  • Jul 2, 2020 7:42am Jul 2, 2020 7:42am
Welcome back !

the lower trend line has been a great support since we dropped to 1670 at start of June - looks like the fake NFP numbers from the States have been rebounded by this trend line again !
Well I hope so anyway as got a couple small lot buys in waiting for the magical 1800
stop loss 1758
Attached Image (click to enlarge)
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  • #4,213
  • Jul 2, 2020 8:55am Jul 2, 2020 8:55am
Stop loss too tight
It bounced off 1756 and did not close below trend line - massive 4 hour rejection candle forming - is this the path to 1800 ?

back in at 1765 stop loss 1760
  • #4,214
  • Jul 2, 2020 11:29am Jul 2, 2020 11:29am
Quoting woteverwillb
Stop loss too tight It bounced off 1756 and did not close below trend line - massive 4 hour rejection candle forming - is this the path to 1800 ? back in at 1765 stop loss 1760
Yeah bud it was a bit too tight remember the pattern and range that price has been trading in the past couple of days as per the naked H1 chart posted, expecting another rally and break of the 1790 handle before we dip again....you had the right idea on it ... daily close above the 1774 validates buys at the start of tomorrows session(London)
4&1 All Time Profit: $37,496
  • #4,215
  • Jul 3, 2020 3:06am Jul 3, 2020 3:06am
03 July 2020


We managed to get a daily close above the 1774 handle and as such the H1 buy zone has also flipped bullish now. the downleg from yesterdays price action has ,e concerned, as such marking any bullish continuation towards the structural high at the 1786 handle but dont expect it to rally much further, the H1 RSI is in neutral territory suggesting we may see an attempt for price to make current handle a right shoulder with a dip towards the deeper D1 buy zone where will be looking for further bullish continuation...


Lets see....
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1_LI.jpg Size: 628 KB
4&1 All Time Profit: $37,496
  • #4,216
  • Jul 3, 2020 3:09am Jul 3, 2020 3:09am
Point A: bullish crossover
Point B: bullish buy zone
Point C: Sideways H1 RSI
Attached Image (click to enlarge)
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4&1 All Time Profit: $37,496
  • #4,217
  • Jul 6, 2020 11:50pm Jul 6, 2020 11:50pm
Quoting MzansiObi
Point A: bullish crossover Point B: bullish buy zone Point C: Sideways H1 RSI {image}
Greetings

Can you please advice on the set up you use,the indicators and stuff
  • #4,218
  • Jul 6, 2020 11:59pm Jul 6, 2020 11:59pm
07 July 2020


Bullish Price action to get the week going, most recent structural high remains intact at that 1789 handle, and as such H1 looking poised to go for a dip lower before rallying further, however given the fact that our 3 time frames remain bullish( Ie, H1, H4 and D1) we continue to look for confirmation signals around the zones.
Price currently consolidating and overall we have continued to track higher towards our initial target at that 1820 mark, there remains some key overhead resistance the most obvious being the current structural high followed by the psychological level at 1800.

H1 Bullish
H4 Bullish
D1 Bullish

Intra Day Levels
Upside
1805.61
1797.46
1790.97
1786.43
Downside
1780.50
1778.49
1773.99
1769.99
1764.62



Green pips
4&1 All Time Profit: $37,496
  • #4,219
  • Jul 7, 2020 12:00am Jul 7, 2020 12:00am
Quoting Mmase12
{quote} Greetings Can you please advice on the set up you use,the indicators and stuff
Hi Mmase, kindly check out post one on page one of the thread for system settings
4&1 All Time Profit: $37,496
  • #4,220
  • Jul 7, 2020 4:33pm Jul 7, 2020 4:33pm
Quoting MzansiObi
07 July 2020 Bullish Price action to get the week going, most recent structural high remains intact at that 1789 handle, and as such H1 looking poised to go for a dip lower before rallying further, however given the fact that our 3 time frames remain bullish( Ie, H1, H4 and D1) we continue to look for confirmation signals around the zones. Price currently consolidating and overall we have continued to track higher towards our initial target at that 1820 mark, there remains some key overhead resistance the most obvious being the current structural...
Thanks
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