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Energetic H1 Strategy (Crude/Brent/Gas)

  • #341
  • Jan 2, 2020 5:11am Jan 2, 2020 5:11am
02 January 2019

Serious bearish wave on every retest of the entry line, however,as price and both the signal line and entry line remain above the 200 handle, will refrain from selling..

The Last Line if defence for the bulls at the moment remains the 200 and the current structure that seems to be looking to play out....
Will be holding onto my longs till such a point that the Head handle becomes invalidated....

Green Pips........


Levels of interest for today....

62.13
61.56
61.30
60.34



Green Pips
Trade Safe
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4&1 All Time Profit: $37,496
  • #342
  • Jan 2, 2020 10:14am Jan 2, 2020 10:14am
Even chipping away and collecting some change from this level that holds the key for any further bullishness.....
Been buying and trailing abit all day let’s see the direction it settles on....But with each and every H1 candle closing above that 200 level, price more likely to retest the highs....
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  • #343
  • Jan 2, 2020 8:09pm Jan 2, 2020 8:09pm
Quoting MzansiObi
Even chipping away and collecting some change from this level that holds the key for any further bullishness..... Been buying and trailing abit all day let’s see the direction it settles on....But with each and every H1 candle closing above that 200 level, price more likely to retest the highs.... {image}
Finally managed to get a break out from the “box”....
as mentioned and highlighted, the H1 200 was key for bulls for further push higher, now the idea becomes to wait and see if we can get the signal and entry line back in line with system rules and continue taking advantage of the bullish rally....have scaled out the longs for profit and on the side lines again.....green pips
4&1 All Time Profit: $37,496
  • #344
  • Jan 3, 2020 12:48am Jan 3, 2020 12:48am
03 January 2020

As per system rules, the H1 200 level held up and supported price, the breakout from "pandoras" box to the top side also brought the signal line back above the entry line and a new High was tagged, as such, buy dip mode remains intact....


levels of interest for today have already been tagged to the top side as such will simply focus on the remaining potential downside levels should price drop...
61.20
60.70
59.67


Green Pips
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  • #345
  • Jan 3, 2020 11:50am Jan 3, 2020 11:50am
Quoting MzansiObi
03 January 2020 As per system rules, the H1 200 level held up and supported price, the breakout from "pandoras" box to the top side also brought the signal line back above the entry line and a new High was tagged, as such, buy dip mode remains intact.... levels of interest for today have already been tagged to the top side as such will simply focus on the remaining potential downside levels should price drop... 61.20 60.70 59.67 Green Pips {image}

well price bounced off of our entry line....and bullish structure remains in place as such...long order take. As per systemic rules....

will wait, watch and see how it plays out....



Green Pips
4&1 All Time Profit: $37,496
  • #346
  • Jan 5, 2020 1:56am Jan 5, 2020 1:56am
05 January 2020

Oil

Brent and Crude Oil


Structure on Both crosses supportive of further bullish continuation following some sideways momentum on the H1 200 handle...

The break out higher and challange of previous structural high exposes us to further bullishness and as such, buy dip continuation....
Our signal line is back above the entry line with both price and structure above the 200 handle......


Will wait for the Market to open to post some levels on interest for Monday for both crosses, for now, visual illustration of where things stand...
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  • #347
  • Jan 6, 2020 2:48am Jan 6, 2020 2:48am
Quoting MzansiObi
05 January 2020 Oil Brent and Crude Oil Structure on Both crosses supportive of further bullish continuation following some sideways momentum on the H1 200 handle... The break out higher and challange of previous structural high exposes us to further bullishness and as such, buy dip continuation.... Our signal line is back above the entry line with both price and structure above the 200 handle...... Will wait for the Market to open to post some levels on interest for Monday for both crosses, for now, visual illustration of where things stand......
Given the the current market setup, price has rallied on higher as anticipated however we are yet to see a retest of price towards the entry line as per systemic rules...

With that said, will still look to enter long on any retest of the entry line

key levels of interest for today are:
XTIUSD-Crude Oil..

65.71
64.74
64.38
63.63
62.97


XBRUSD-Brent Oil..

72.16
71.52
70.79
70.19
69.03
4&1 All Time Profit: $37,496
  • #348
  • Jan 6, 2020 9:59am Jan 6, 2020 9:59am
Quoting MzansiObi
{quote} Given the the current market setup, price has rallied on higher as anticipated however we are yet to see a retest of price towards the entry line as per systemic rules... With that said, will still look to enter long on any retest of the entry line key levels of interest for today are: XTIUSD-Crude Oil.. 65.71 64.74 64.38 63.63 62.97 XBRUSD-Brent Oil.. 72.16 71.52 70.79 70.19 69.03
Price has dipped low enough to get entries to the top side going....


Green Pips
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  • #349
  • Jan 6, 2020 11:03pm Jan 6, 2020 11:03pm
07 January 2020

Sell of from higher has seen our entry line get crossed by the signal line but so long as price and structure remains above the 200 handle, we remain bullish and look for supportive action near the boxed out areas on the chart..
break lower and continued close below it will invalidate the medium term bullish outlook

(i) marks crossover lower last week, (ii) marks most recent crossover...


With that said, intra day levels of interest;

65.5
64.15
63.98
63.47
61.96
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  • #350
  • Jan 7, 2020 1:01pm Jan 7, 2020 1:01pm
Quoting MzansiObi
07 January 2020 Sell of from higher has seen our entry line get crossed by the signal line but so long as price and structure remains above the 200 handle, we remain bullish and look for supportive action near the boxed out areas on the chart.. break lower and continued close below it will invalidate the medium term bullish outlook (i) marks crossover lower last week, (ii) marks most recent crossover... With that said, intra day levels of interest; 65.5 64.15 63.98 63.47 61.96 {image}
Levels remained intact...structure still intact....Patiently waiting on the crossover
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  • #351
  • Jan 7, 2020 5:16pm Jan 7, 2020 5:16pm
Guys, seasonality might indicate DROP of WTI next week.. but will the NS2 etc situation(s) keep it at that level? I am eager to see what happens by the end of next week but will be very careful because there might be an infliction point next week (for WTI south) till like MID of FEB.. from which point it might start rise again, at least from seasonalities perspective.. and all the rest might be already priced-in by now... So what are your thoughts guys? So in short, my current view is careful at WTI till the end of next week at which point... SELL for a month and then most probably BUY... will see... pls share your views... tnx
Can you afford to take that chance?
  • #352
  • Jan 7, 2020 6:46pm Jan 7, 2020 6:46pm
Quoting auricforecas
Guys, seasonality might indicate DROP of WTI next week.. but will the NS2 etc situation(s) keep it at that level? I am eager to see what happens by the end of next week but will be very careful because there might be an infliction point next week (for WTI south) till like MID of FEB.. from which point it might start rise again, at least from seasonalities perspective.. and all the rest might be already priced-in by now... So what are your thoughts guys? So in short, my current view is careful at WTI till the end of next week at which point... SELL...
Hey Bud,


my thoughts now that the previous head level has been invalidated is that we will challange the 2019 highs at 66.6 next, on the H1 the supportive "box" handle remains intact and bullish outlook inline with the current PA......
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  • #353
  • Jan 7, 2020 11:52pm Jan 7, 2020 11:52pm
08 January 2020


XTIUSD

Price back near our entry line following the breakout and formation of a higher high.....
The H1 system has enjoyed a bullish run of late and the next logical target becomes the 2019 high


Intra day levels of interest
65.66
63.67
63.19
62.76
62.21
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  • #354
  • Jan 8, 2020 1:32pm Jan 8, 2020 1:32pm
Quoting MzansiObi
{quote} Hey Bud, my thoughts now that the previous head level has been invalidated is that we will challenge the 2019 highs at 66.6 next, on the H1 the supportive "box" handle remains intact and bullish outlook inline with the current PA...... {image}
Tnx man, we'll see, but atm it DROPPED off AF... Which is surprising to me in a way... Yeah, seasonality does support the idea, although seems to be a bit early...
but "oil field" situation would imply otherwise.. Do you have any particular explanation for this by any chance? I will form my (firm)er) opinion within a week tops...
Can you afford to take that chance?
  • #355
  • Jan 8, 2020 3:08pm Jan 8, 2020 3:08pm
Quoting MzansiObi
08 January 2020 XTIUSD Price back near our entry line following the breakout and formation of a higher high..... The H1 system has enjoyed a bullish run of late and the next logical target becomes the 2019 high Intra day levels of interest 65.66 63.67 63.19 62.76 62.21 {image}
Failed buy setup following the first break and close below that supportive structure...

Back to the Drawing board now for interim orders....signal line and entry line looking to dip below the 200 handle..

As such, lets see how it opens in a couple..
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  • #356
  • Jan 9, 2020 12:28am Jan 9, 2020 12:28am
09 January 2020


Signal line and entry line both below the 200 handle.
as such will wait for the retest of the entry line and look to get on board and go short.....
As such levels of interest for today become.

63.17
61.07
58.97
57.56
55.11
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  • #357
  • Jan 9, 2020 11:27pm Jan 9, 2020 11:27pm
Quoting MzansiObi
09 January 2020 Signal line and entry line both below the 200 handle. as such will wait for the retest of the entry line and look to get on board and go short..... As such levels of interest for today become. 63.17 61.07 58.97 57.56 55.11 {image}
10 January 2020


Price still moving sideways with a couple of rejections from the leading line, sideways action calls for a bit of calm and patience as we wait for price to get to our desired entry points in order for us to take sniper like entries.


Structure and price action still remain with a bearish bias and that said
levels of interest for today are;

60.65
59.67
58.76
58.2
57.6
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  • #358
  • Jan 12, 2020 10:08pm Jan 12, 2020 10:08pm
13 January 2020


XTIUSD


Our entry line and signal line remain below the 200 as such still waiting on the retest of the entry line to go short...

Levels of interest for today

60.37
60
59.64
59.42
57.79



Green Pips
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  • #359
  • Jan 13, 2020 11:29pm Jan 13, 2020 11:29pm
14 January 2020


XTIUSD
Crude Oil

Daily chart nearing support handle, H1 chart still conducive to look for sell setups on any rally....
Levels of interest for today

59.39
58.74
58.92
8.31
56.49
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  • #360
  • Jan 14, 2020 7:51am Jan 14, 2020 7:51am
Quoting MzansiObi
14 January 2020 XTIUSD Crude Oil Daily chart nearing support handle, H1 chart still conducive to look for sell setups on any rally.... Levels of interest for today 59.39 58.74 58.92 8.31 56.49 {image}
Filled...
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