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4 + 1 (Metals) strategy

  • #4,241
  • Jul 15, 2020 4:37am Jul 15, 2020 4:37am
update:
Pending Buy Order
1809.11
SL 1798.22
TP Open


Green Pips
4&1 All Time Profit: $37,496
  • #4,242
  • Jul 16, 2020 3:19am Jul 16, 2020 3:19am
Quoting MzansiObi
update: Pending Buy Order 1809.11 SL 1798.22 TP Open Green Pips
Levels ?
  • #4,243
  • Jul 16, 2020 3:22am Jul 16, 2020 3:22am
16 July 2020


Bearish London Opening Hour as such looking for a dip deeper inside the H4 buy zone, will consider looking for Bullish PA around the 1799.65 handle.


H1 is sideways as such maintains a neutral bias while the H4 and D1 zone remains bullish.

Consolidation box still remains intact with this range bound trading however considering that the Longer time frames are bullish and that the price remains above the H1 200 and also the weekly open, will remain net bullish on the cross


Intra Day Levels
Upside
1823.19
1821.61
1816.88
1813.97
1810.25
Downside
1804.51
1801.60
1799.65
1796.87
1794.77



Green Pips
4&1 All Time Profit: $37,496
  • #4,244
  • Jul 17, 2020 2:10am Jul 17, 2020 2:10am
17 July 2020

Some bullish divergence forming on the H1 RSI beginning to point up again while price continued dropping, there are some factors to be considered that need us to er opn thr side of caution, current H1 zone is bearish and as such the current H1 close becomes NB, bulls need to see a couple of H1 closes above the H1 200 while a failure to close above it will then open us up to the next buy zone which sits on the D1 chart, all else considered, given its the last trading day for the week, position size and entry levels becomes key....


Intra Day Levels
Upside
1820.02
1815.37
1813.02
1808.93
1806.25
Downside
1801.70
1794.70
1790.38
1783.38
1780.90


Green Pips
4&1 All Time Profit: $37,496
  • #4,245
  • Jul 17, 2020 3:02am Jul 17, 2020 3:02am
Quoting MzansiObi
17 July 2020 Some bullish divergence forming on the H1 RSI beginning to point up again while price continued dropping, there are some factors to be considered that need us to er opn thr side of caution, current H1 zone is bearish and as such the current H1 close becomes NB, bulls need to see a couple of H1 closes above the H1 200 while a failure to close above it will then open us up to the next buy zone which sits on the D1 chart, all else considered, given its the last trading day for the week, position size and entry levels becomes key.... Intra...
Update: Bullish LO
pending bit order
1799
SL: 1780
TP Open
4&1 All Time Profit: $37,496
  • #4,246
  • Jul 20, 2020 2:23am Jul 20, 2020 2:23am
20 July 2020


New week, new opportunities,

We enter the 10th trading day with price moving inside this range bound price action, since the 8th if July 2020, the H1 has been flat and has allowed the D1 to track higher, as such buying off of the base of the range becomes sensible considering where the D1 buy zone sits in relation to the D1 Buy ZOne.

Never the less, we look to see how price relates and reacts to price as and when it gets to our levels of interest.

H1: Bullish
H4: Bullish
D1: Bullish


Intra Day Levels
Monday 20 July 2020

Upside
1831.87
1822.51
1821.91
1815.75
Downside
1805.81
1803.90
1799.63
1794.15

Weekly Levels
Upside
1878.04
1844.02
1833.75
1829.47
1819.54
Downside
1805.72
1802.83
1799.94
1795.06
1780.51




Green Pips
4&1 All Time Profit: $37,496
  • #4,247
  • Jul 20, 2020 2:32am Jul 20, 2020 2:32am
Quoting MzansiObi
20 July 2020 New week, new opportunities, We enter the 10th trading day with price moving inside this range bound price action, since the 8th if July 2020, the H1 has been flat and has allowed the D1 to track higher, as such buying off of the base of the range becomes sensible considering where the D1 buy zone sits in relation to the D1 Buy ZOne. Never the less, we look to see how price relates and reacts to price as and when it gets to our levels of interest. H1: Bullish H4: Bullish D1: Bullish Intra Day Levels Monday 20 July 2020 Upside 1831.87...
We can see how the H1 RSI is beginning to slope downwards as price is tracking higher towards the range high.....

Bullish breakout remains on the cards though, a break and close of the range high followed by the retest of the breakout handle becomes the preferred directional bias
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1_LI.jpg Size: 840 KB
4&1 All Time Profit: $37,496
  • #4,248
  • Jul 21, 2020 3:49am Jul 21, 2020 3:49am
21 July 2020


Upper band of the sideways range trading has been broke, as such will look to use any dips into the H1 buy zone as an opportunity to go long, more so near former resistance at that range top high, until price breaks and closes below the 1800 mark, bullish outlook remains intact, even though the previous H1 candle closed bearish, overall structure remains bullish, given the fact that former resistance hasnt been tested as support, any bullish postion size should be considered cautiously...

Intra Day Levels
Upside
1834.98
1829.39
1823.72
1820.22
Downside
1814.89
1813.14
1808.88
1805.76
1799.71

Green Pips
4&1 All Time Profit: $37,496
  • #4,249
  • Jul 21, 2020 7:39am Jul 21, 2020 7:39am
Update:

Bullish breakout seems strong, Key level to watch for becomes the 1729.39 handle for any further buyllish continuation, next upside obejective for bulls is the next weekly upside level, 1844.02

Pending Buy Order: 1829.75
SL:1818
TP :Open

Green pips
4&1 All Time Profit: $37,496
  • #4,250
  • Jul 23, 2020 11:14pm Jul 23, 2020 11:14pm
24 July 2020


Following the bullish breakout level, the bulls have continued to be relentless and have carried price higher, again, all three time frames remained bullish and price has continued to find support from the zones to trade higher, took a but of doing and some patience but the bulls prevaled, ofcourse price is over extended and despite being in an upward trend, position size becomes and remains NB in ensuring we avoid a shake an d bake to the bottom before price moves in our direction.



Intra Day Levels
Upside
1937.13
1917.75
1903.74
1901.38
Downside
1885.14
1881.05
1870.47
1867.81

The highest weekly upside level we marked out at the beginning of the week at 1878.04 becomes crucial in terms of where the weekly closes, above it very positive sign for the bulls going into the last week of the month,


Green Pips
4&1 All Time Profit: $37,496
  • #4,251
  • Jul 28, 2020 2:03am Jul 28, 2020 2:03am
27 July 2020
Expecting to continue seeing some volatility with price more bullish on the onset, overall sentiment remains a bullish rally, however the H1 RSI beginning to point lower and given where the next buy zone sits, we cant rule out the probability of price dipping back into the H4 or D1 buy ZOne respectively before we get going, considering the fact that price has tagged and breached some of the weekly upside objectives already...

Intra Day Levels of Interest
Upside
1981.55
1975.10
1957.50
1946.63
1950.56

Downside
1928.04
1922.61
1911.43
1900.56
1882.96


Green Pips
4&1 All Time Profit: $37,496
  • #4,252
  • Jul 28, 2020 3:03am Jul 28, 2020 3:03am
Quoting MzansiObi
27 July 2020 Expecting to continue seeing some volatility with price more bullish on the onset, overall sentiment remains a bullish rally, however the H1 RSI beginning to point lower and given where the next buy zone sits, we cant rule out the probability of price dipping back into the H4 or D1 buy ZOne respectively before we get going, considering the fact that price has tagged and breached some of the weekly upside objectives already... Intra Day Levels of Interest Upside 1981.55 1975.10 1957.50 1946.63 1950.56 Downside 1928.04 1922.61 1911.43...
Update:

Deep pullback into the H4 Buy ZOne, LO bearish and as such will look for hints of bullish H1 continuance before price gets going again

Green Pips
4&1 All Time Profit: $37,496
  • #4,253
  • Jul 28, 2020 5:30pm Jul 28, 2020 5:30pm
Quoting MzansiObi
27 July 2020 Expecting to continue seeing some volatility with price more bullish on the onset, overall sentiment remains a bullish rally, however the H1 RSI beginning to point lower and given where the next buy zone sits, we cant rule out the probability of price dipping back into the H4 or D1 buy ZOne respectively before we get going, considering the fact that price has tagged and breached some of the weekly upside objectives already... Intra Day Levels of Interest Upside 1981.55 1975.10 1957.50 1946.63 1950.56 Downside 1928.04 1922.61 1911.43...
WELL COME BACK
  • #4,254
  • Jul 29, 2020 3:17am Jul 29, 2020 3:17am
Quoting Unitedgold
{quote} WELL COME BACK
Lol, howsit brother....


Am always around man...


27 July 2020


Bullish H4 bounce from the H4 buy zone following the bearish LO sell off,
As things stand, we still testing the uppper range of the weekly levels

Price currently ack above the H1 buy zone but following the LO indecision candle that shows price rejection to the top side, will continue to buy dips with caution.


Intra Day Levels
Upside
1975.10
1971.50
1957.50
1946.63
Downside
1940.09
1929.03
1911.43
1900.56



Green Pips
4&1 All Time Profit: $37,496
  • #4,255
  • Jul 29, 2020 5:37pm Jul 29, 2020 5:37pm
Quoting MzansiObi
{quote} Lol, howsit brother.... Am always around man... 27 July 2020 Bullish H4 bounce from the H4 buy zone following the bearish LO sell off, As things stand, we still testing the uppper range of the weekly levels Price currently ack above the H1 buy zone but following the LO indecision candle that shows price rejection to the top side, will continue to buy dips with caution. Intra Day Levels Upside 1975.10 1971.50 1957.50 1946.63 Downside 1940.09 1929.03 1911.43 1900.56 Green Pips
Thanks
bro
  • #4,256
  • Jul 30, 2020 2:50am Jul 30, 2020 2:50am
30 July 2020

Bullish Trend continues, but there continues to be build up of hidden bearish RSI divergence on lower time frames, as such, calls for caution as we may continue seeing plenty of these long pin bar H1 candles, and so long as price keeps restricted from weekly high, price remains susceptible to further bearish weakness towards deeper H4 and eventually D1.

H1: Bullish
H4: Bullish
D1: Bullish

Intra Day Levels
Upside
2003.61
1988.56
1979.25
1972.98
1965.84
Downside
1949.15
1946.77
1942.59
1939.84
1924.79
4&1 All Time Profit: $37,496
  • #4,257
  • Jul 31, 2020 2:23am Jul 31, 2020 2:23am
31 July 2020

As per the hidden rsi divergence on the lower time frames, price retested the lower end of the range and for the week and pulled back deeper into the H4 buy ZOne, The weekly high still hasnt managed to take out and close above the structural high, as such we still look for an H1 close above and daily close above the handle at the 1980 handle, for now, we continue to follow the trend and look to buy dips cautiously with proper MM and RM.



Intra Day Levels
Upside
2065.45
2023.24
1997.61
1990.97
Downside
1959.33
1955.65
1941.08
1916.54

Green Pips
4&1 All Time Profit: $37,496
  • #4,258
  • Aug 3, 2020 3:48am Aug 3, 2020 3:48am
03 August 2020


New Week, New Month


Bullish weekly open with a gap on the open that has been filled,as things stand, price trading inside the H1 buy zone following a bullish LO. As such the outlook remains to following price and look to buy dips, following where price is, would like to see price close above 1974.6 on an H1 basis to continue buying intra day wise, its well worth noting that position ssize is NB as price has drifted further away from the D1 buy zone so buy orders still need to be cautious of a dip towards the D1 buy zone which lies around the 1903 price handles.

H1: Bullish
H4: Bullish
D1: Bullish


Intra Day Levels for Monday
Upside
2015.01
2010.46
1998.94
1986.90
1972.25
Downside
1958.79
1946.85
1942.72
1930.68

Green Pips
4&1 All Time Profit: $37,496
  • #4,259
  • Aug 3, 2020 3:50am Aug 3, 2020 3:50am
Quoting MzansiObi
03 August 2020 New Week, New Month Bullish weekly open with a gap on the open that has been filled,as things stand, price trading inside the H1 buy zone following a bullish LO. As such the outlook remains to following price and look to buy dips, following where price is, would like to see price close above 1974.6 on an H1 basis to continue buying intra day wise, its well worth noting that position ssize is NB as price has drifted further away from the D1 buy zone so buy orders still need to be cautious of a dip towards the D1 buy zone which lies...
Weekly Levels
Upside
2088.59
2047.20
2035.72
2005.30
1951.08
Downside
1941.24
1922.01
1908.48
1869.14
1838.72


Green Pips
4&1 All Time Profit: $37,496
  • #4,260
  • Aug 4, 2020 4:00am Aug 4, 2020 4:00am
04 August 2020

Range bound trading since daily open, however, H1 remains bullish. Not much in it at the moment, as such need to er on the side of caution and patience.
Most immediate target for bulls is the 2000 psych levels, while continued daily closes above 1950 is a positive for bullish continuation


Intra Day Levels
Upside
2012.35
1998.69
1987.83
1977.29
Downside
1974.09
1970.88
1963.31
1953.17
1949.65

Green Pips
4&1 All Time Profit: $37,496
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