Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Last time we posted this was August 2024, wow!
Anyway, if you would like to join a winning team of traders, a community helping and supporting each other, KOG's guidance on the markets, navigation on Gold with levels targets, hot spots and key levels.
What's more? Excalibur and LiTE giving you pin point targets. The Red box and Knights indicators showing and generating signals all day long across any pair available on Tradingview, allowing you to trade independently, the custom volume indicator that tells you when it's good to long, short and play caution across all pairs and instruments. Education, guidance, trading tips, news and so much more.
Click the link below and follow the instructions:
WWW.KNIGHTSOFGOLD.CO.UK
Anyway, if you would like to join a winning team of traders, a community helping and supporting each other, KOG's guidance on the markets, navigation on Gold with levels targets, hot spots and key levels.
What's more? Excalibur and LiTE giving you pin point targets. The Red box and Knights indicators showing and generating signals all day long across any pair available on Tradingview, allowing you to trade independently, the custom volume indicator that tells you when it's good to long, short and play caution across all pairs and instruments. Education, guidance, trading tips, news and so much more.
Click the link below and follow the instructions:
WWW.KNIGHTSOFGOLD.CO.UK
β€6
FOMC today. Wait for the price to go where they want to take it, look for a clean set up, then enter the markets if you wish to trade.
The most amount of money is lost and accounts are blown during FOMC and NFP because traders are trying to capture the volume driven candles with large lots. They also get stuck in pre-event price action during the ranging and chop without using SL's. This is a recipe for disaster, large lots, small accounts, it only take s a small spike to blow your account. This is not trading, this is gambling!
Tonight the casino is open, the drinks are free to entice you, only you can have that discipline to sit and wait patiently for the right moment.
The most amount of money is lost and accounts are blown during FOMC and NFP because traders are trying to capture the volume driven candles with large lots. They also get stuck in pre-event price action during the ranging and chop without using SL's. This is a recipe for disaster, large lots, small accounts, it only take s a small spike to blow your account. This is not trading, this is gambling!
Tonight the casino is open, the drinks are free to entice you, only you can have that discipline to sit and wait patiently for the right moment.
π8β€4
With FOMC today this is all that we're doing, small scalps on the indicators with low exposure if anyone is feeling the itch. Otherwise, backseat driving while price continues the range
π7β€1
https://www.tradingview.com/chart/XAUUSD/csZsLiug-THE-KOG-REPORT-FOMC/
THE KOG REPORT has been published on Tradingview. Please support us and the free channel by hitting the like/boost π buttonπ on our Tradingview ideas
Website: Join us here (open) π
www.knightsofgold.co.uk
THE KOG REPORT has been published on Tradingview. Please support us and the free channel by hitting the like/boost π button
Website: Join us here (open) π
www.knightsofgold.co.uk
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THE KOG REPORT - FOMC for FX:XAUUSD by KnightsofGold
THE KOG REPORT β FOMC
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trustedβ¦
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trustedβ¦
π5β€3
Absolute mental markets. That's just today and FOMC hasn't even turned up yet! π₯
π₯6β€2
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/csZsLiug-THE-KOG-REPORT-FOMC/ THE KOG REPORT has been published on Tradingview. Please support us and the free channel by hitting the like/boost π button π on our Tradingview ideas Website: Join us here (open) πβ¦
π₯23π6β€3π³2π1
Nice. Hit the boost button on the Tradingview posts please. The support from this free group isn't great, that's all I'm saying.
π₯29π7β€3
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/csZsLiug-THE-KOG-REPORT-FOMC/ THE KOG REPORT has been published on Tradingview. Please support us and the free channel by hitting the like/boost π button π on our Tradingview ideas Website: Join us here (open) πβ¦
β€2
Following on from FOMC, the move downside worked well but into the first level we wanted which was 3350-55 which is where we bounced. Resistance now stands at the 3375-80 region which is the level to watch for a rejection or a break. A break here will continue the move upside to then attempt that 3390-95 level again while a rejection there can complete the move we wanted downside into the 3330-35 region.
β€3π2π1
With a US bank holiday today, there are chances we may start a range now between the 3390 resistance and 3355 support. For now, the move worked well sticking to the red box levels given in the report
β€5π2π1