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-   -   4 + 1 (Metals) strategy (https://www.forexfactory.com/showthread.php?t=922895)

anilamil Sep 11, 2019 9:14am | Post# 861

this is it... the test of inverse head and shoulder.... right in this candle

Spirit4eva Sep 11, 2019 9:26am | Post# 862

{quote} Check the intra day levels for possible target points......we will take them one at a time....also the first downside level comes in at 1483.48 so it may spike there but remember the base of our inverted head and shoulders lies there...so I'd consider it invalid if an hourly candle closes below that level mate
Mehn! how you coping with this cold market??
Is it tradeable for you??
ONly got 30 pips yesterday?
so hows gold for you mahn??
I think gold is waiting for thursday news.
how do you see it??

anilamil Sep 11, 2019 9:28am | Post# 863

yeah its cold, thats why its ranging betweemn 1483 - 1500 for moment , i think.....

Spirit4eva Sep 11, 2019 9:34am | Post# 864

yeah its cold, thats why its ranging betweemn 1483 - 1500 for moment , i think.....
yeah! but for some hours 1494 has been forming resistance.
Gold is kinda seeming to me like a scalpers world...
as for me, im no scalper at all!!!!

anilamil Sep 11, 2019 9:37am | Post# 865

from what i see, since the trend line break, i believe 1494 will also break and make the resistance in 1500

MzansiObi Sep 11, 2019 9:46am | Post# 866

1487 filled....... H1 shorts trailed
Let's see.....

Spirit4eva Sep 11, 2019 10:08am | Post# 867

from what i see, since the trend line break, i believe 1494 will also break and make the resistance in 1500
ok

Spirit4eva Sep 11, 2019 10:09am | Post# 868

1487 filled....... H1 shorts trailed Let's see.....
Ok! you mean you bought at 1487 right??

anilamil Sep 11, 2019 10:13am | Post# 869

{quote} Ok! you mean you bought at 1487 right??
i also confuse with this, because short means sell , long means buy. but he said shorts H1 ? but long at 1487 on previous post?

anilamil Sep 11, 2019 10:15am | Post# 870

i changed my SL to 1490.15 , TP 1504.15 , i think if this inverse head and shoulder, it will gain more power bull in 1 candle soon, if it fail , just get little SL. and honestly, i am freakin panic when it almost hit my SL before... because i use little money in this account lol

Tragruel Sep 11, 2019 10:24am | Post# 871

{quote} i also confuse with this, because short means sell , long means buy. but he said shorts H1 ? but long at 1487 on previous post?
he do both way guy, a short is in profit trailing does not stop you to open a long... I will say : well play sir... .dont try this at home until you consistent with one order at a time lol

Jp1 Sep 11, 2019 10:25am | Post# 872

{quote} i also confuse with this, because short means sell , long means buy. but he said shorts H1 ? but long at 1487 on previous post?
he means he had shorts from the H1 sell zone that he was trailing his stops.......he had a buy order waiting down at 1487

MzansiObi Sep 11, 2019 10:31am | Post# 873

{quote} Ok! you mean you bought at 1487 right??
Yeah champ.
Bought off of it.
We mentioned the level earlier this morning around LO.
Have taken partial profits on it and stops are at BE too.lets watch and see what it does.....

But as we said earlier. If the head doesn't get invalidated, we wash, rinse and repeat the orders till it fails or rallies.

anilamil Sep 11, 2019 10:37am | Post# 874

crap... it didn't broke the neck line...inverse head n shoulder still on progress until the neck line break.... or fail.. edited my SL into 1487

chasinpips Sep 11, 2019 10:41am | Post# 875

crap... it didn't broke the neck line...inverse head n shoulder still on progress until the neck line break.... or fail.. edited my SL into 1487
that neckline is conveniently located at a major support turned resistance 1492-1494 levels so honestly it could go either way imo, my best guess is it stays in a tight range until ECB tomorrow when it makes a sharp move up or down.

Jp1 Sep 11, 2019 10:42am | Post# 876

crap... it didn't broke the neck line...inverse head n shoulder still on progress until the neck line break.... or fail.. edited my SL into 1487
Yes, plan is just scalping up and down between those two levels at the mo. Earlier trade i posted i got taken out - shit entry so was expecting it! made some back with longs and shorts from the levels discussed

peyman Sep 11, 2019 10:44am | Post# 877

1 Attachment(s)
Activated bearish DV with RSI confirmed by Macd
good news about war trade
all good news for Usa
gravity of fibo 38.2

all of these make buy very risky right now
breaking down 1380 lead to free fall
Click to Enlarge

Name: 80359F0B-9D41-459D-AEE3-C59D3EA88566.png
Size: 145 KB

MzansiObi Sep 11, 2019 10:57am | Post# 878

Activated bearish DV with RSI confirmed by Macd good news about war trade all good news for Usa gravity of fibo 38.2 all of these make buy very risky right now breaking down 1380 lead to free fall {image}
Peyman, I'll agree with you when you say that the break of the 1480 handle will expose further weakness. But there are a couple of levels that would need to be taken out. The weekly levels are still in play mate.....we remain patient around them and we wait to act when price gets to specific handles

anilamil Sep 11, 2019 11:00am | Post# 879

neckline break, enjoy ur profit pals lol

chasinpips Sep 11, 2019 11:09am | Post# 880

neckline break, enjoy ur profit pals lol
hourly would need to close above to confirm for me, could be a false breakout/bulltrap
edit: also that H1 ichimoku cloud right above is gonna need some momentum to break, which I don't rly see how seeing as USD is up SPX is up, just my 2 cents


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