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Energetic H1 Strategy (Crude/Brent/Gas)

  • #241
  • Nov 21, 2019 11:09pm Nov 21, 2019 11:09pm
Quoting MzansiObi
20/11/19 XBRUSD Levels of interest 64.46 63.69 63.44 61.9 60.8 As things stand, both our leading line and entry line are heading for a break higher and above the 200. Price structure also seeming to be forming what would be a inverted head and shoulder as such, looking to load long.... {image}
Update....
Buy dip setup almost near its projected target...the daily 200 has price capped so am on the lookout to continue buying dips on this as all the conditions have been met for buying dips, ie, leading line and entry line are both above the 200 and as such we can continue looking to buy dips towards the daily 200 with a projected target near 65.02......


Intra day Levels
65.38
65.10
64.54
63.28
62.18


Entry line 62.70

(i) &(ii) Cross Over
(iii) Entry Line.....
Attached Image (click to enlarge)
Click to Enlarge Name: XBRUSDH1_LI.jpg Size: 780 KB
4&1 All Time Profit: $37,496
  • #242
  • Nov 21, 2019 11:13pm Nov 21, 2019 11:13pm
Quoting auricforecas
{quote} Great man, If I read your attached TEs right, your system appears to be working best when mine doesn't.. so together we might have the ultimate hedge Would really like to see how your trading/TE goes in the next 3 weeks... We might cherry-pick best elements of both/all Curious, will be checking your progress
Lol, noted bud.....its all a work in progress and will tweak and make adjustments from time to time, hence the adjustments of parameters to improve the entries as and give more entries....

Quoting nastynatty
{quote} Glad to have you back Mzansi! I had been missing you bud. I've still been watching natgas but am currently neutral while the market is fighting for a direction.
Glad to be back bud, hope all is well on your end my ninja.....
4&1 All Time Profit: $37,496
  • #243
  • Nov 25, 2019 3:24pm Nov 25, 2019 3:24pm
Wow a huge day for natgas! Current price is now below the 50 day. There seems like a crucial level at 2.5 so I'll see what happens there. If we break it, I'll take up some shorts.
Attached Image
  • #244
  • Nov 26, 2019 12:44am Nov 26, 2019 12:44am
26/11/19

XBRUSD
Recap on Mondays Price action, Price did test and bounce off of our Entry Lines on Monday and gave a couple of chances to go long,


As things stand, both the Leading line and Entry line are above the 200. price is currently looking at testing and challenging that entry line again....
(i) buy dip setups from past two trading days
(ii) confirmatory cross over above 200)



Levels of interest today
65.24
64.28
63.93
63.11
62.19



green pips
Attached Image (click to enlarge)
Click to Enlarge Name: XBRUSDH1_LI.jpg Size: 775 KB
4&1 All Time Profit: $37,496
  • #245
  • Nov 26, 2019 3:43am Nov 26, 2019 3:43am
26/11/19

XTIUSD

Pending Buy order
57.70


Similar to Brent Oil, both the leading line and entry line are above the 200 and price has formed a supportive base near what appears to be a right shoulder on the H1
That right shoulder is also in line with our signals entry line.

Key Levels of interest today

59.14
58.60
58.22
57.60
56.52
Attached Image (click to enlarge)
Click to Enlarge Name: XTIUSDH1_LI.jpg Size: 771 KB
4&1 All Time Profit: $37,496
  • #246
  • Nov 26, 2019 4:40am Nov 26, 2019 4:40am
Quoting nastynatty
Wow a huge day for natgas! Current price is now below the 50 day. There seems like a crucial level at 2.5 so I'll see what happens there. If we break it, I'll take up some shorts. {image}
Im also sitting on my hands on Natural Gas till it gets out of this range that its trading in, want to see it clearly define a desired path and trend before i get back into it, will keep monitoring it though...
4&1 All Time Profit: $37,496
  • #247
  • Nov 26, 2019 7:17am Nov 26, 2019 7:17am
Quoting MzansiObi
26/11/19 XTIUSD Pending Buy order 57.70 Similar to Brent Oil, both the leading line and entry line are above the 200 and price has formed a supportive base near what appears to be a right shoulder on the H1 That right shoulder is also in line with our signals entry line. Key Levels of interest today 59.14 58.60 58.22 57.60 56.52 {image}
Some of the levels of interest to the upside have been tagged....the HnS target is still far above near that 60 handle...

Patience
4&1 All Time Profit: $37,496
  • #248
  • Nov 26, 2019 2:35pm Nov 26, 2019 2:35pm
NG broke below 2.5 today, where I was watching it, but I am not convinced yet! The 15 day is still above the 50 day and I don't think it is determined to be a bear yet. Short holiday week in the US anyway. I'll probably keep watching intently and plan my moves for next week.
  • #249
  • Nov 26, 2019 7:49pm Nov 26, 2019 7:49pm
27/11/19
XBRUSD

Decent Price Action allowing us to buy dips from our entry line and look to trail as soon as price moved decently with a couple of setups on the cards while also respecting some of the levels of interest....
The Inverted HnS patterns mentioned yesterday, are failing to break the neckline and rally higher and as such some bearish divergence beginning to creep in on the cards, so although all conditions to continue buying dips remain intact, will do so with caution as the momentum seems to be slowing down to the downside.



Levels of interest today
65.91
64.83
64.5
63.88
62.47


Trade Safe
Attached Image (click to enlarge)
Click to Enlarge Name: XBRUSDH1_LI.jpg Size: 774 KB
4&1 All Time Profit: $37,496
  • #250
  • Nov 26, 2019 7:55pm Nov 26, 2019 7:55pm
27/11/19


XTIUSD
Crude

Similar to Brent Oil, price also allowed us to get some buy dips going from our entry line while reacting near some of the levels of interest yesterday.
The bearish divergence is creeping in but the inverted HnS pattern remains valid and intact for a bullish run provided the Head isnt Invalidated.
All conditions to go long remain intact in terms of out entry line and signal line both being above the 200, but we need to buy with caution....


Levels of interest for today
59.1
58.93
58.59
57.99
56.66
Attached Image (click to enlarge)
Click to Enlarge Name: XTIUSDH1_LI.jpg Size: 775 KB
4&1 All Time Profit: $37,496
  • #251
  • Nov 26, 2019 8:02pm Nov 26, 2019 8:02pm
Quoting nastynatty
NG broke below 2.5 today, where I was watching it, but I am not convinced yet! The 15 day is still above the 50 day and I don't think it is determined to be a bear yet. Short holiday week in the US anyway. I'll probably keep watching intently and plan my moves for next week.
Lol, i agree with also exercising some sort of restraint on this one for now, but just off the bat, its all systems go for a push lower with the bearish crossover of both the signal and entry line occuring at point (i) and the entry point at (ii) suggesting we enter short should price retest the area....worth noting the sell entry is near the H4 200 EMA and as such, it may well worth taking a conservative short should price reach said handle......
Attached Image (click to enlarge)
Click to Enlarge Name: XNGUSDH1_LI.jpg Size: 792 KB
4&1 All Time Profit: $37,496
  • #252
  • Nov 27, 2019 4:38am Nov 27, 2019 4:38am
Quoting MzansiObi
{quote} Lol, i agree with also exercising some sort of restraint on this one for now, but just off the bat, its all systems go for a push lower with the bearish crossover of both the signal and entry line occuring at point (i) and the entry point at (ii) suggesting we enter short should price retest the area....worth noting the sell entry is near the H4 200 EMA and as such, it may well worth taking a conservative short should price reach said handle...... {image}
We just got a retest of the entry line and seems as though it will dip lower...will continue monitoring the PA around the handle....
4&1 All Time Profit: $37,496
  • #253
  • Nov 27, 2019 11:24am Nov 27, 2019 11:24am
Quoting MzansiObi
27/11/19 XTIUSD Crude Similar to Brent Oil, price also allowed us to get some buy dips going from our entry line while reacting near some of the levels of interest yesterday. The bearish divergence is creeping in but the inverted HnS pattern remains valid and intact for a bullish run provided the Head isnt Invalidated. All conditions to go long remain intact in terms of out entry line and signal line both being above the 200, but we need to buy with caution.... Levels of interest for today 59.1 58.93 58.59 57.99 56.66 {image}
Looking to use Pull back in price towards our entry line as an opportunity to get in long.....
Stops slightly below the 200 and the previous daily low...
Lets see
4&1 All Time Profit: $37,496
  • #254
  • Nov 27, 2019 2:25pm Nov 27, 2019 2:25pm
Quoting MzansiObi
{quote} We just got a retest of the entry line and seems as though it will dip lower...will continue monitoring the PA around the handle....
I'm goin in sarge! I know I said I was done for the week but this seems like a tasty opportunity. Taking a small position and will monitor as I can the next couple days.
  • #255
  • Nov 27, 2019 2:35pm Nov 27, 2019 2:35pm
Quoting nastynatty
{quote} I'm goin in sarge! I know I said I was done for the week but this seems like a tasty opportunity. Taking a small position and will monitor as I can the next couple days.
Hahahahaha...Roger that..


I got some action on some oil trades on some buy dip setups, but am on the sidelines again now...couple of minutes before daily close, i wanna see what the numbers for Natgas are and maybe, just maybe i may join you on that setup


Greeneries
4&1 All Time Profit: $37,496
  • #256
  • Nov 27, 2019 2:40pm Nov 27, 2019 2:40pm
Quoting nastynatty
{quote} I'm goin in sarge! I know I said I was done for the week but this seems like a tasty opportunity. Taking a small position and will monitor as I can the next couple days.
Have a look at the sell setup from today on the pair, decenet rejection from the entry line......
Attached Image (click to enlarge)
Click to Enlarge Name: XNGUSDH1PM Setup_LI.jpg Size: 793 KB
4&1 All Time Profit: $37,496
  • #257
  • Nov 27, 2019 10:32pm Nov 27, 2019 10:32pm
28/11/19


XBRUSD
Brent Oil


Although Price gapped down lower following the pullback towards the entry line, price has also maintained the overall structure which remains net bullish provided the head structure at A isnt invalidated, All else, both leading line and entry line remain in bullish territory and price is yet to challenge the 200 ema

As such, levels of interest for today are as follows:

65.31
65.14
64.64
64.16
62.37
Attached Image (click to enlarge)
Click to Enlarge Name: XBRUSDH1_LI.jpg Size: 760 KB
4&1 All Time Profit: $37,496
  • #258
  • Nov 29, 2019 1:55pm Nov 29, 2019 1:55pm
Quoting MzansiObi
{quote} Have a look at the sell setup from today on the pair, decenet rejection from the entry line...... {image}
Great couple of days for me! I closed all my NG positions this afternoon. It may go down a bit more but I've made a good profit and not sure how much more it has to go. Waiting for the next great opportunity
  • #259
  • Nov 29, 2019 6:10pm Nov 29, 2019 6:10pm
Quoting nastynatty
{quote} Great couple of days for me! I closed all my NG positions this afternoon. It may go down a bit more but I've made a good profit and not sure how much more it has to go. Waiting for the next great opportunity
Consider using Keltner Channel Gradient bands to help with exits, along with trailing stops based on ATR.
  • #260
  • Nov 30, 2019 8:40pm Nov 30, 2019 8:40pm
Quoting MzansiObi
28/11/19 XBRUSD Brent Oil Although Price gapped down lower following the pullback towards the entry line, price has also maintained the overall structure which remains net bullish provided the head structure at A isnt invalidated, All else, both leading line and entry line remain in bullish territory and price is yet to challenge the 200 ema As such, levels of interest for today are as follows: 65.31 65.14 64.64 64.16 62.37 {image}
point A got invalidate, the right shoulder of that pattern becomes invalid now....h4 chart suggesting a new pattern on the cards.....will keep note of it and watch what the H1 does as per system parameters....will wait for the stoch to crossover back above the rsi and at least get on bullish printing the H4 candle......
Attached Image (click to enlarge)
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4&1 All Time Profit: $37,496
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