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MzansiObi replied Jul 15, 2019Good to see you kick E...... The 4hourly chart been giving some good buy setups.... Been a scalpers paradise today!
4 + 1 (Metals) strategy
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MzansiObi replied Jul 15, 2019So then we look at PA around that handle for long setups.....we will ladder down with it......one level at a time
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019Did you get stopped out or you managed to get some pip gain on your short? My buy order was just marginally missed....... Will probably remove it and look for a manual entry.......Zzzzzzz
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD)
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MzansiObi replied Jul 15, 2019Still no hourly close below support........ Hmmmmmm. Patience is virtue......strong support, Just a thoughy.......last week this level acted as strong resistance and once it broke higher, we touched 1423, so a drop below support could "parachute ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019Buying 1410.10 Bit of a scalp. Stop loss at 1408
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019Have taken partial profits off both and Stops at BE. This ping pong between bulls and bears sums up the day. Which ever gets taken out the other can run, done with EU for the day. Unless we get to that 1.1280/90 handle for the shorts or a deeper ...
EURUSD only
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MzansiObi replied Jul 15, 2019Shocking admission, I've never seen star wars....grew up with people referring to me as obi-wan,due to my name, and its only about a year ago that I learnt it's actually a star wars reference......lol Bears have been in it for the past ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019So long as no hourly close below 1410/09 bulls are still pretty much in control.....and chances are they will restest that high....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019Went long at that 1.12614 just coincided with the 200 MA on the hourly...... So maybe just maybe we head north, but the previous hourly bear leg lower failed to close before so will let this buy play out for a bit.
EURUSD only
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MzansiObi replied Jul 15, 2019Hahahahah. I like the pledged allegiance......I will admit watching sych a game while neutral is great. You get to enjoy the quality thereof without the anxiety....kinda like trading without emotions...... Back to gold, Seems like we are likely to ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019Quite insightful.....with the tax cuts and interest rate cuts, this should be good news for AU employment and AUD as a whole..... This technically means things may ease up abit in my native SA, when commodities do well, the rand shines.....and we ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019Hahaha I like the analogy!!!!!! Like a sponge!!!!! You must bring the others, more minds/heads are better than one...let's push the convo.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019Lols......scratching my head****" I'm not well in tune with the fundies bud, but I'd anticipate that it would fuel some volatility and get the pair moving, of importance to me is how price reacts when that volatility kicks in so am merely looking ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019I hold you guys in high regard, guys that can look at fundamentals and forecast how they fit into the greater scheme of things.... Keep feeding us as these always enlightighten and help further assess what's going on fundies wise.....
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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MzansiObi replied Jul 15, 2019More so at specific levels intra day buys aren't all that bad an idea...... Just thought I'd drop his image here for relevance and perspective for the days outlook...... Tradewise
General Trading Chat / Ideas
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MzansiObi replied Jul 15, 2019Don't understand baseball, but agree with the math!!!
General Trading Chat / Ideas
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MzansiObi replied Jul 15, 2019Hi Stef. Agreed, I'm also looking thereabout for a buy dip.... First buy dip is at 1.12600 Hard stops for buy trades for the day are all at 1.12372 Tah
EURUSD only
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MzansiObi replied Jul 15, 2019Yeah bud, I see some bearish divergence creeping in.....hopefully you sellers let it drop enough to get my long orders filled..... If I were to sell I'd get in on 1260.6 looking at what seems to be a range in four hourly......
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD)
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MzansiObi replied Jul 14, 2019First buy order on the cards for this pair is at : 1248.40 SL slightly below 1240. So long as we stay below the 1253, buy orders from a lower point as per above should get filled. Trade safe
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD)