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MzansiObi replied Jul 27, 2019Hey bud..... You're correct alot of fundamentals at play globally and it would be amiss of us to discard or downplay their relevance to trading and more specifically Gold and it's related crosses. I think firstly we need to look at what the initial ...
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD)
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MzansiObi commented Jul 27, 2019Meanwhile my 4month old baby is just chilling here at home while his peers are buying mansions, need to call an urgent family meeting for him......he just eats and poops.....#shaking my head😂
Boram, 6-year-old South Korean YouTuber, buys $8 million property
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MzansiObi replied Jul 27, 2019url Just FYI for those that may be interested with the relationship between the gold crosses Happy weekend guys Weekly forecast will be posted prior to market open.
4 + 1 (Metals) strategy
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MzansiObi replied Jul 27, 2019Hey Auri, love the thought provoking question......just thought I may offer my 2cents worth on the subject regarding the correlation/relationship between the said pairs.....I posted something on the matter over here.... url I like your idea ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 27, 2019Just a thought and outlook on XAUEUR and its correlation with EURUSD and also XAUUSD. Have taken the liberty to attach a correlation chart to this post. Firstly; a positive correlation shows that a particular pair will tend to move in the same ...
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD)
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MzansiObi replied Jul 26, 2019Levels wise nothing has changed..... Happy weekend everyone. Hope we all managed to get our fair share of pips this week. See you all Sunday ahead of market open!!!!
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 26, 20191423 behaved well. Good couple of pips from that handle back towards 1419ish...... Looking for hourly close to see where it closes..... Trade safe
4 + 1 (Metals) strategy
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MzansiObi replied Jul 26, 2019Lock on some profits......don't watch it go up and come all the way down.... There are atleast three levels that may render 1433 a tough ask. On top of strong US data earlier.....bigger picture still pointing lower....trade carefully
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 26, 2019Remember we marked 1419.82 ahead of EU session as key level....So depending on you pos size I'd scale out around1423.8 if that breaks 1429/30 becomes next hurdle.....Take some partial profits and trail I'd say....... My buy signal showed a little ...
4 + 1 (Metals) strategy
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MzansiObi replied Jul 26, 2019I have a couple of XAU/USD and XAU/EUR trades that are open. But didn't want to post them here as I read the rules of after the fact posts. Been calling in and out of them will attach a link here just to show the posts were made well in advance. If ...
Real Trading
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MzansiObi replied Jul 26, 2019url Apologies for the link. Wanted to copy and paste but couldn't do that as there's an accompanying image as such posted a link as opposed to doing the same thing posted on another thread....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 26, 2019Hopefully you managed to close some.profits from selling these H1 sell zones...... Pleasant drop lower. Daily buy area still very much intact if we look at price rejection towards 1411 handle...... So if we selling from h1 levels again which I will ...
4 + 1 (Metals) strategy
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MzansiObi replied Jul 26, 2019Stopped out BE+. Back at point of entry.....may just enter again..... Will wait for hourly close to see how it goes. But price still above some stuff.....if it closes below 1.46672 I will not go long no more....trade safe
Real Trading
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MzansiObi replied Jul 26, 2019So long as it ain't a rate decision will let the news spike/fuel it up or down and will look at PA reacion around strategic levels.....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 26, 2019Adjusting SL to BE +. Done with this trade now. Running risk free
Real Trading
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MzansiObi replied Jul 26, 2019Some levels for the day.... 1419.82. good place to short with targets at 1410/11 then 1405.5 mark.... If the 1419.82 doesn't hold will look to towards 1423.80 then that 1429/30 handle These levels have been acting like magnets past couple of weeks, ...
4 + 1 (Metals) strategy
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MzansiObi replied Jul 26, 2019Some levels for the day.... 1419.82. good place to short with targets at 1410/11 then 1405.5 mark.... If the 1419.82 doesn't hold will look to towards 1423.80 then that 1429/30 handle These levels have been acting like magnets past couple of weeks, ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 26, 2019Love the input Hesron. Would you be so kind as to elaborate and maybe make use of visual aids just for the sake of clarity for all the guys viewing....... Keep the thought process going
4 + 1 (Metals) strategy
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MzansiObi replied Jul 26, 2019Daily buy area has been in business whenever price has entered it. But the downward facing RSI coupled with the rejection from 1430ish handle and the increased bearish daily bars tells a story.....bears are creeping in on this....... Trade safe and ...
4 + 1 (Metals) strategy