Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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We still have the support region below which is untouched as yet, so a pull back could be on the cards. So far so good, entries from below working, red boxes confirming the move. That's what it's suggesting at the moment so lets see if we can get it.
These are just confirmations of the move now, anything long should ideally be from the lows.
These are just confirmations of the move now, anything long should ideally be from the lows.
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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That's around 60-70pips, more than enough
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Job done for today, happy with that move. Resistance here 3185 which is why it's stalling, our volume indicator keeps suggesting a pull back so we're going to play caution up here. We need to breach this level, otherwise support below 3165-70 is the pull back that needs to hold us up
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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You'll notice the bias changes here, the direction changes, we don't commit to one direction or focus too much on where price may end up. All we're looking for is a decent trade a day, a plan of intra-day direction, a plan of entry, a plan of managing the position, and a plan to get out.
Please try this, it's all about mindset and discipline, removing the fear and anticipation of where price is going. It goes up, trade it up, it goes down, trade it down. Goes to the moon, or the basement, who cares, we're here to make money where ever it goes.
Please try this, it's all about mindset and discipline, removing the fear and anticipation of where price is going. It goes up, trade it up, it goes down, trade it down. Goes to the moon, or the basement, who cares, we're here to make money where ever it goes.
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