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MzansiObi replied Jul 20, 2019Lol.....overcrowding? What about the guys that do both......buyers and sellers? I mean it's all timeframe sensitive bud
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 20, 2019Happy weekend traders..... Couple of things stand out to me. Simply looking at the charts....... Wicks on the weekly chart shouldn't be ignored....they still showing sellers interest. Yesterday's daily bar engulfed Thursdays daily close. And the ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 19, 2019The bearish hammer is patient and doesn't dissapoint.... Still holding onto the shorts....will make money patiently
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 19, 2019Top of the morning Bulls!!! TGIF Seems like you fellas bought in buckets and in bulk! Well-done Monty Goldy, you sure you ain't a MM

!!!!! Impressed by daily buy area!!!(red arrow) mentioned it on Sundays post.. Will not be ...XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 18, 2019Yeah man. Then stick to the 4 hourly or daily window. You may notice how I have systematically adjusted and mentioned the daily chart as a point of reference. So by using the longer time frames you can approach it with a set and forget mindset
4 + 1 (Metals) strategy
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MzansiObi replied Jul 18, 2019I don't blame you. Lock in some profits though as the swings and spikes me be present..... Of particular interest right now is 1418 handle that we already knew would pose a challenge......still no hourly close below that so we can buy the level. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 18, 2019Doing nothing is at times a good position to be in.... Why don't you just manage your lot size accordingly.... I'm looking to add on marginally with every swing high....but may just look at adding onto positions these extended/extreme wicks don't ...
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD)
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MzansiObi replied Jul 18, 2019Lols while we wait for the bigger picture to unfold, it doesn't mean we don't drop lower and trade off of the smaller timeframes for a buy and sell here and there bud....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 18, 2019I understand your bias....... Bearish divergence on daily chart too. So selling highs from green box has good RR. Just need to be patient. Mentioned the possibility of the daily bull kicking on from bull buy setup and the manner in which bulls ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 18, 2019Yeah bud.....what a day for Gold..... Truly has just rallied for a bit.. but remaining composed and collected......did have some major DD but am just a couple of pips away from my initial entry point. We need to tree carefully. Longer time frames ...
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD)
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MzansiObi replied Jul 17, 2019We have entered into the green box highlighted above .... Scavenging for shorts now..... Couple of things standing out for me.... Daily buy zone means business.... The bull run didn't even bother with any levels. It just shot up.....careful ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 17, 2019Cause it's got a buy hedge running and have closed some for bank, will look to close it out when the sell trade loss amounts to the buy hedge value. Then look for another entry point.....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 17, 2019The daily bull kicked in...... Scaled out if some long setups(1401 hansle) Stop @BE+ Got some shorts running now from 1408.1 Will keepselling rallies so long as no hourly close is above Resistance handle @ 1409/10. Patience*
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 17, 2019Lol yeah bud, thibk Ced74 actually had it as his DP at the moment.....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 17, 2019Patience is key.....we patiently waited for 1410/09 to break....I believe 1405 was a little too easy(smooth) and considering how it served as major resistance on our way up last week when we were buying off of 1398/1400....we may just retest 1405 ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 17, 2019An actual cat bud!!! Yeah it's fine, you can enter from a better point later....just keep track of levels highlighted here
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 17, 2019Will wait and see what London does. Got slapped going against it yesterday..... I'm humbled



EURUSD only
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MzansiObi replied Jul 17, 2019Nice bud!!!!! Stops in profit =risk free= winning trade=equity gain! The cat comes out when market is flat!!!! Keep an eye out
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 17, 2019Did he tell you about the cat bud? Be carefully of it..... Just a cautionary issue I forgot to mentionin earlier post regarding selling......price is currently around the daily buy zone.....and the daily bulls in the buy zone have bounced hard ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 17, 2019Glad to see you back bud. Hourly sell zones identified at 1406-1407,6...... Stops above 1410/11 Cautionary winds though as the daily buy zone has ticked up so moneyanagement....
4 + 1 (Metals) strategy