I can honestly say this is a difficult month for most traders to navigate and to come out of with some positive ROi. We've had to adapt to ranges, trends and fake breakouts, spikes, all time highs and some serious stop loss hunters. This is the other side of trading, the serious side that isn't shown to you on instagram! When the market doesn't go to plan, you have to adapt to the change, holding on to a bias and hoping it will go one way won't help us. As traders we need to be on the ball, this is real money and it's life changing when you understand how the markets want to play us. As you can see, you can plan all you like, but if it doesn't go your way, you have to accept it and move with the market.
A good example of this is the KOG Report, we got levels we wanted, but it didn't move the way we wanted.
The point is, it's not always win, win, win, profit after profit, you'll have to take some hits when it goes against you so you can then make back what you lost with ease having moved with the market from a better region or level.
Thanks to the community in Camelot, you absolutely smashed it even though the odds are against us.
Please do go through the Tradingview posts and hit boost, it really does mean a lot to us and it's what keeps us motivated to share the free analysis and guidance in this channel. Otherwise
Join us here:
www.knightsofgold.co.uk
A good example of this is the KOG Report, we got levels we wanted, but it didn't move the way we wanted.
The point is, it's not always win, win, win, profit after profit, you'll have to take some hits when it goes against you so you can then make back what you lost with ease having moved with the market from a better region or level.
Thanks to the community in Camelot, you absolutely smashed it even though the odds are against us.
Please do go through the Tradingview posts and hit boost, it really does mean a lot to us and it's what keeps us motivated to share the free analysis and guidance in this channel. Otherwise
Join us here:
www.knightsofgold.co.uk
β€27π5
That's what we had on Gold at COB yesterday. Wanted it to go higher, stay below the resistance and then short it again for the region below. Slight incline but the move continued so we held what we had. Support now stands at 3280 with resistance at the 3255 region which will need to break to go higher
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/p00QUfW0-THE-KOG-REPORT-Update/
Decent move there over the Asia session from the level given suggesting a long trade. Support now stands at the 3310 region with resistance here 3335
π9β€1
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We trade level to level. Follow at your own risk. Always use a sensible stop loss. Strictly for educational purposes, not trading advice. We are showing you what we analyse and how we trade the markets.
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