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MzansiObi replied Apr 29, 2020Update: Bulls seem to be lacking at the moment, there are multiple signs of a bullish continuation but price keeps failing ti stay and break that 1708.50 handle, as such watching the daily close to see where it closes relative to this handle.... ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 29, 2020Point (i) showing the LO indeciison candle, been another option could be to wait for a break out on either side before getting into a position.... With that said, pending buy order 1703 SL 1697 TP Open Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied Apr 29, 2020Update: Plenty of indecision since the London open the the bearish engulfing bar couldnt break support at the bottom of our consolidation box and instead we have had another bullish engulfing candle that has engulfed all three other prior candles, ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 29, 2020Update: Price sitting at a critical stage now, H1 Zone beginning to slope upwards and also since the break and close above the 1708.5 price has managed to use price as support, needs to hold and break higher before or during LO session for further ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 2020Agreed Auri Very choppy and some what indecisive to say the least hence why i have also taken a pause on things, coupled with the fact that my broker does allow sell setups... As such just been buying dips and looking to close them when sell signals ...
Energetic H1 Strategy (Crude/Brent/Gas)
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MzansiObi replied Apr 28, 2020Lets not loose focus of the overall picture.... Point (i) showing the touch and retest of the D2 buy zone and the rejection of that handle. Inverse HnS setup still valid..... Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 202029 April 2020 Well although its a bearish daily close, the daily close was above the 1700 handle and also above 1704.50 which is where the H1 200 MA is, as such the H1 Zone has got a neutral bias around it and seems to me, its also stopped making ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 2020Update: for perspective, we can see how the 1708.50 handle that we focused on intra day became a focul point and also how price has pulled and sort of stalled around this handle, as mentioned this handle holds the key for the next direction that ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 2020Update: Pending Buy Order 1698.58 SL 1688 TP OPen Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 2020Point A remains the key for further bullish continuation, the H1 close below 1700 and failure to use previous levels as support is a red flag, as such we need to exercise more patience..... Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 202028 April 2020 Following last weeks low, would like to see us break the most current swing high at that 12.60 handle and let that handle hold, respect that handle as support going forward to put some confidence in going long now, been buying some ...
WTI Crude Oil Trading
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MzansiObi replied Apr 28, 2020Update: Bullish H1 candle close above the 1708.50....Buy Dip mode in swing, next target is at 1716.67. Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 2020Update: 1708.5 still not breached on an H1 and H4 close and price now inside the H1 sell zone, as such, may need to exercise some patience for the Bulls. With that said, immediate support sits at 1702.62. As such any dips into that area or towards ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 202028 April 2020 Back above the 1700, Back above the 1708.15, as such both levels need to hold and the next objective is to get back above 1716.67 on an H1 close provided the two prior levels hold as support . Intresting to see bullish impulse wave ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 2020Update: Indecisive London opening H1 hour, as such till we breach and close above the 1708.50, then we can expect further weakness in price. As such, it becomes safer to wait and look out for a bullish H1 confirmation signal inside the D1 buy ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 28, 202028 April 2020 Well, the D1 closed in good territory but the H1 sell zone has seen us push below the daily open and also below the psychological handle at 1700, as such deeper pullback and this sets new tasks for the overall bullish outlook on the ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 27, 2020Update:Couple of retests of the H1 sell zone after failing to close above that key level we highlighted for bullish continuation at 1725.16 selling into the H4 buy ZOne and supportive price action from the H4 buy Zone offered support, as such price ...
4 + 1 (Metals) strategy
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MzansiObi replied Apr 27, 2020Update: pending buy order @1704.02 SL 1695 TP Open. Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied Apr 27, 2020Update: Bullish London Opening hour. H1 needs to flip bullish and close above the 1725.16 and respect the level as support before we can load next set of longs. Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied Apr 27, 2020Update: H1 price failed to get back above the 1725.16 handle despite bounces off of the 1720 handle, as such most recent dip has also flipped the H1 zone bearish ever since breaking out, lets wait and see what London opening hour does relative to ...
4 + 1 (Metals) strategy