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MzansiObi replied Dec 16, 201916/12/19 Top of the morning to you all...... new week new possibilities..... Conservative short: 1477.9 Sl 1489 TP open *h1 head and shoulder setup..... trade is counter system rules and current H1 zone.....but D1 is still holding sell zone ...
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Daily close in a bit, lets see how it plays out , but the weekly chart is also painting some bullish looking patterns...... Last week bullish engulfing bar and the weekly close above that 200 handle....
Energetic H1 Strategy (Crude/Brent/Gas)
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MzansiObi replied Dec 12, 2019Yes bud, there was confluence of factors that support price will keep looking to drop lower all be it brief, so just taking advantage of the volatility as soon as it moves into decent profit i closed 2.5 and left half a lot on the table as a runner ...
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019This thing wants to shoot up bud.....So long as the head on the H1 remains intact for the inverted setup, will keep an open mind abouit the prospect of a longer term rally forming...
Energetic H1 Strategy (Crude/Brent/Gas)
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MzansiObi replied Dec 12, 2019Will Keep recycling the level till it fails.... Some bullish divergence seems to be creeping in on the indies, as such will trail and take partials as soon as they avail themselves.... Green Pips
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Lol Hope that sticker will serve you well......... That issue regarding buying high and selling Low, is exactly why i chose not to buy the H1 Buy Zone, yes it did go on to rally 100 pips, but the fact that daily sellers were on the hunt was the ...
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Lol, Thanks bud.... i never take a loss personally Simply dust it off and re-evaluate and get back to it.....
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Not quite there but the continued close below the handle positive for bears, taken some off the table will adjust stops to Entry shortly , back to BE on the previous loss
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Will look to load a short now here on the retest of the m15 200 handle(1470.66) Stops above the 1480 mark again Lets see
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Bang on the money bud, agreed, when it comes to levels , one cant go wrong more so if the position size and trade management is in line with sound money management...
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Update:Bit Of a slope has formed from the entry line and signal line and price has managed to rally higher off of the area/zone, as such, any dips towards the said handle become favorable for long setups.... Green Pips
Energetic H1 Strategy (Crude/Brent/Gas)
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MzansiObi replied Dec 12, 2019Hang tight bud, we keep on at it..... We have finally managed to get that m15 200 handle, lets see if price manages to stay below it to add onto the shorts.... D1 sell zone remains intact.....Just a thought.... Look at where price is currently ...
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Lol but of course bud.... it happens from time to time ....,but that stop level has serious bearish interest.....the sell off from there shows this
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Stops got taken out on that short....will wait for the daily close for guidance....above 1485, bad for bears......H1 buyers in the zone and money again.....two stop outs this week....let’s see how it goes
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019Pending short at 1478 Sl 1485... bit of an inverse head and shoulder on the m15 with target thereabouts.....will try use that target Price as an entry t look short....will be a conservative position and will only add on The break and close lower of ...
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019There’s no bearish divergence yet to suggest weakness....while I agree that there’s a fair bit of room to the downside if you look at where our zones and levels are, it is best to wait for it to pullback or watch for price to climb higher while the ...
4 + 1 (Metals) strategy
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MzansiObi replied Dec 12, 2019update: still waiting on Gold to give some sort of clarity. Edit: am not buying off the H1 as we should due to price being to close to range ceiling and also being inside the D1 sell zone....if we break and close above 1485 on the daily, will look ...
4 + 1 (Metals) strategy