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Energetic H1 Strategy (Crude/Brent/Gas)

  • #381
  • Feb 11, 2020 12:24pm Feb 11, 2020 12:24pm
Quoting MzansiObi
11 February 2020 Sell confirmation Setup confirmed following the retest of the entry line, as things stand, all our conditions have been met for us to look to continue selling, as mentioned elsewhere, the fact that we gapped down and that gap closed up speedily by bears and that we failed to close below the current yearly high, requires us to exercise some caution with current shorts and look to book profits/trail and as and when the trade moves into profit, alternatively we can look to adjust position size to limit exposure as the current structural...
Have seen enough for the day, two retest produce minimal movement with the first obstacle for the bears being to break below point A, calling it a day as it also seems the leading line is looking to crossover the entry line....
Attached Image (click to enlarge)
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4&1 All Time Profit: $37,496
  • #382
  • Feb 12, 2020 5:34am Feb 12, 2020 5:34am
12 February 2020


Bullish Price action currently looking to test the Hard stop area at 51.4. Its important that we do not look to add onto shorts now till we see price clearly trading below the entry line and signal line, for now the Signal line is back above the entry line.


For us to consider going long/buying oil, we would need to ensure the following, price closes above the hard stops area, both the entry and signal line trade above it then we can look to load longs....


Todays key Levels

51.51
51.11
50.51
50.28
49.24

(i) Invalidation of continued sell setups
(ii) Hard stops handle

Green Pips
Attached Image (click to enlarge)
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4&1 All Time Profit: $37,496
  • #383
  • Feb 12, 2020 8:20am Feb 12, 2020 8:20am
Quoting MzansiObi
12 February 2020 Bullish Price action currently looking to test the Hard stop area at 51.4. Its important that we do not look to add onto shorts now till we see price clearly trading below the entry line and signal line, for now the Signal line is back above the entry line. For us to consider going long/buying oil, we would need to ensure the following, price closes above the hard stops area, both the entry and signal line trade above it then we can look to load longs.... Todays key Levels 51.51 51.11 50.51 50.28 49.24 (i) Invalidation of continued...
Update: First challenge of that hard stop area....let’s see if we begin getting a couple of those H1 candles closing above it to confirm the invalidation of continued bearish wave....
4&1 All Time Profit: $37,496
  • #384
  • Feb 12, 2020 10:53am Feb 12, 2020 10:53am
Quoting MzansiObi
12 February 2020 Bullish Price action currently looking to test the Hard stop area at 51.4. Its important that we do not look to add onto shorts now till we see price clearly trading below the entry line and signal line, for now the Signal line is back above the entry line. For us to consider going long/buying oil, we would need to ensure the following, price closes above the hard stops area, both the entry and signal line trade above it then we can look to load longs.... Todays key Levels 51.51 51.11 50.51 50.28 49.24 (i) Invalidation of continued...
All our upside levels to the topside taken out, now we watch for the daily close and also where price closes the day relative to the hard stop area
4&1 All Time Profit: $37,496
  • #385
  • Feb 12, 2020 10:46pm Feb 12, 2020 10:46pm
13 February 2020



Higher Daily close and for the first time in weeks we have challenged the hard stop area as per our chart settings and prioce also managed to close above it on the daily. As such, the outlook becomes to wait for price to pull up our signal line and entry line above the 200 handle and then we wait on pullbacks towards the entry line as depicted on the chart to go long.

Intra day levels of interest for today

52.43
51.06
50.56
50.43
49.44



Green Pips
Attached Image (click to enlarge)
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4&1 All Time Profit: $37,496
  • #386
  • Feb 14, 2020 4:32am Feb 14, 2020 4:32am
Quoting MzansiObi
13 February 2020 Higher Daily close and for the first time in weeks we have challenged the hard stop area as per our chart settings and prioce also managed to close above it on the daily. As such, the outlook becomes to wait for price to pull up our signal line and entry line above the 200 handle and then we wait on pullbacks towards the entry line as depicted on the chart to go long. Intra day levels of interest for today 52.43 51.06 50.56 50.43 49.44 Green Pips {image}
Price almost at our entry level, signal line has confirmed crossover higher, waiting on entry line to be pulled up higher to load long entries.
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4&1 All Time Profit: $37,496
  • #387
  • Feb 17, 2020 1:30am Feb 17, 2020 1:30am
17 February 2020


Following the continued break and close above our hard stops area, price has continued to stay above it, and trade higher, with that said, its also pulled our entry line and signal line towards the regions we were looking for before going long, as such we will be looking for buy dip scenarious on the oil pairs Brent oil (XBRUSD), and Crude oill(XTIUSD).


Intra day Levels of Interest

53.29
51.92
51.58
50.95
50.81
Attached Image (click to enlarge)
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4&1 All Time Profit: $37,496
  • #388
  • Feb 20, 2020 12:57am Feb 20, 2020 12:57am
20 February 2020


Following on the PA from earlier this week, we have got price making a clear bullish break out, and as such, will be looking at getting some buy dips going on the retest of the entry line.
All conditions are in favor of a continued bullish outlook should price manage to make dips towards the 52.64 handle.


Intra day levels of interest
54.79
54.62
54.03
52.91
52.26


Pending Buy Order
52.63
SL 51.35
TP Open
Attached Image (click to enlarge)
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4&1 All Time Profit: $37,496
  • #389
  • Feb 20, 2020 12:27pm Feb 20, 2020 12:27pm
You seem to be holding your TE good, even at this corona situation... I noticed that you are maybe more on the careful side while this "situation" lasts.. If I am correct, I strongly approve this since it is better be off the market than sorry right Also this "learn/'know' when not to trade" saved my ass many times Any ideas on the WTI future? I will decide by the end of the month aka by the end of next week if this corona fades and seasonality kicks in + if no new surprises... If so, might jump on the BUY side
Can you afford to take that chance?
  • #390
  • Feb 24, 2020 1:47am Feb 24, 2020 1:47am
Quoting auricforecas
You seem to be holding your TE good, even at this corona situation... I noticed that you are maybe more on the careful side while this "situation" lasts.. If I am correct, I strongly approve this since it is better be off the market than sorry right Also this "learn/'know' when not to trade" saved my ass many times Any ideas on the WTI future? I will decide by the end of the month aka by the end of next week if this corona fades and seasonality kicks in + if no new surprises... If so, might jump on the BUY side
Hey Bud,


It seems a bit more indecisive to be honest, when i plot the Daily chart using the 4+1 gold strategy, this current dip in price came from the D1 sell zone, as such at the moment i am waiting on it falling inline with my entry parameters again before getting back in on it.

You are correct in saying staying out the market at times is best,so as to avoid chasing the market and looking for things that arent there..
I wanna see it do something like this now before getting back into it....
Attached Image (click to enlarge)
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4&1 All Time Profit: $37,496
  • #391
  • Feb 24, 2020 10:46pm Feb 24, 2020 10:46pm
25 February 2020

Parameters for the system have lined up and now we wait for relief rally towards the entry point, as such this pair goes onto the watchlist again,
Following the breakdown of the supportive ascending trendline, price has found support below it and as such will be looking to use previous support as resistance to re enter to the short side. Re entry handle/area will be near our entry line with stops above, due to the gap thats in play will be looking to widen the stop and reduce position size...


Levels of interest for today are
53.38
5259
52.24
51.54
49.94

Pending short
Short @ 51.8
SL @ 53.2
TP Open


Green Pips
Attached Image (click to enlarge)
Click to Enlarge Name: XTIUSDH1_LI.jpg Size: 259 KB
4&1 All Time Profit: $37,496
  • #392
  • Feb 25, 2020 1:19am Feb 25, 2020 1:19am
Quoting MzansiObi
25 February 2020 Parameters for the system have lined up and now we wait for relief rally towards the entry point, as such this pair goes onto the watchlist again, Following the breakdown of the supportive ascending trendline, price has found support below it and as such will be looking to use previous support as resistance to re enter to the short side. Re entry handle/area will be near our entry line with stops above, due to the gap thats in play will be looking to widen the stop and reduce position size... Levels of interest for today are 53.38...
Update:
Sell orders filled and running, lets see how it goes.....
4&1 All Time Profit: $37,496
  • #393
  • Feb 27, 2020 1:59am Feb 27, 2020 1:59am
27 February 2020



Plenty of room to the downside

Multi Year lows have been taken out and price currently testing the former support turned resistance at that 48.07 handle, as such we will look to continue selling the retest of our entry line as and when price gets there, if youre still holding onto tuesday sell entry, then the best thing to do becomes to trail the short and look towards price retesting the 45.25 handle as the next line of support...


Green Pips
4&1 All Time Profit: $37,496
  • #394
  • Mar 2, 2020 12:52am Mar 2, 2020 12:52am
02/03/2020


Retest of Gold on our entry line.
markets structure still supporting bearish stance as such will continue selling till the structure becomes invalidated....

Levels of interest
50.51
46.26
46.19
45.64
43.08



pending short order
46.18
SL: 47.9
TP open....



green pips
4&1 All Time Profit: $37,496
  • #395
  • Mar 2, 2020 3:10am Mar 2, 2020 3:10am
Quoting MzansiObi
02/03/2020 Retest of Gold on our entry line. markets structure still supporting bearish stance as such will continue selling till the structure becomes invalidated.... Levels of interest 50.51 46.26 46.19 45.64 43.08 pending short order 46.18 SL: 47.9 TP open.... green pips
Short order filled....
lets see
4&1 All Time Profit: $37,496
  • #396
  • Mar 3, 2020 2:48am Mar 3, 2020 2:48am
03 March 2020



XTIUSD

Price trading above the entry and signal line while the signal line(blue) is back above the entry line. As such we monitor price action and see if we can remain below our hard stop handle at the 48.8 handle as per chart settings



Levels of i treat for today
50.53
47.73
47.60
44.93
46.03



Green Pips
4&1 All Time Profit: $37,496
  • #397
  • Mar 5, 2020 4:38pm Mar 5, 2020 4:38pm
Like your TE so far, you seem to handle both sides well, buy and sell... Also you seem to get through all this turbulent/uncertain times You appear to "know" something we don't Anyway, just curious, have you set yourself certain criteria, milestone at which point you would say.. "hm... let's deposit some more real money"... BTW I have been struggling with this answer myself since I know how deceiving certain profits are, specially in the short-term... But at the same time I can not dismiss there might be something there So was just curious, because if you "plan" to do as you do, I am thinking of follow (your trades) or at least put more attention to them You seem to hold good for 1.5months so that is good, specially considering it was not just trend till now, right.
Can you afford to take that chance?
  • #398
  • Mar 6, 2020 10:18am Mar 6, 2020 10:18am
Came to see if you made any profits from the drop that I think you mentioned (that we can see more drop; I wasn't sure)... Must tell that this drop kinda shocked me...
I can not even imagine it go much lower.. I mean... at this rate, we would soon be looking at free energy Anyway, will make my conclusions by the end of next week..
But I think, if we get it right, there will be EPIC opportunities with this, either making profits SLIDING or CLIMBING/RIDING Should be clear by 15th of MAR 2020, I believe.
Can you afford to take that chance?
  • #399
  • Mar 10, 2020 6:56pm Mar 10, 2020 6:56pm
11 March 2020


Prixe retested that entry line and has remained below it since the retest, however, haven’t and am not looking for any shorts at this moment, price has dipped too low for my liking as such will rather look to buy the dips and trail as a counter trend trade....


Anything around below 30 USD is a bargain in my book.


levels I will be keeping an eye on today
35.88
34.75
33.05
32.08



Green Pips
4&1 All Time Profit: $37,496
  • #400
  • Mar 10, 2020 7:00pm Mar 10, 2020 7:00pm
Quoting auricforecas
Like your TE so far, you seem to handle both sides well, buy and sell... Also you seem to get through all this turbulent/uncertain times You appear to "know" something we don't Anyway, just curious, have you set yourself certain criteria, milestone at which point you would say.. "hm... let's deposit some more real money"... BTW I have been struggling with this answer myself since I know how deceiving certain profits are, specially in the short-term... But at the same time I can not dismiss there might be something there So...
Hey Bud.

im taking similar trades on other accounts, the issue there is that it’s not just trading oil, as such this account sole purpose was to capture the effectiveness of the trading system....in terms of parameters, other than following the system, the only other serious add on would be that I trail my profits as it goes along...thanks for kind words...
4&1 All Time Profit: $37,496
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