Apart from the mental wick and stretch it wasn't far off

RED BOX MAGIC!

Although it's been whipsawing and we've managed to get a few decent set ups, this one was the cleanest for the day. Everything lined up on the indicators and we're half way to our expected destination protected and managed.

Support now again on the flip at the 4130 level, while the bias level 4147 is the level we need to break and hold above. Our target level is slightly higher allowing to fill the void but lets see if we break the high or not as so far it looks like it's failed the low!

Some decent discounts and INSTANT FUNDING NOW AVAILABLE

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Many of us sit and wait for the perfect entry, I can tell you, unless you're scalping, this hardly ever happens. The key to get an entry is identifying your target region first! Once you have identified that target region, then start looking not for a precise entry, but a region or a zone you want to be testing your entry in. The skill is not getting in too early, and if you get in too late, you're usually going to be the wrong side of the market. So, use the bias and the red boxes, bullish/bearish above/below. Most new traders struggle with basic support and resistance or identifying zones; hence they’ll usually enter the market at the wrong time and place. This is where red boxes are really helpful, you can use them to identify key regions if you’re scalping or use the higher or lower ones for day trading and managing trades in-between.

KOG’s Red box and Knights indicators are part of our strategy and are added to our targets to further fine tune our entries and exits. We also use them combined with our hotspots and Excalibur/LiTE targets to keep us in the right direction of the markets, allowing us to trade between the levels, scalp in ranges or in low volume periods as well as identify possible turning points on the pair we’re trading.

See you tomorrow for more madness on the markets! Please don't forget to hit boost and if you can, leave a comment on our Tradingview posts, it really does mean a lot. KOG

P.S - Going well! 👍

Hotty Spotty! That's why we've said play caution up here for now! Our Hot Spots are all complete in order

Want some sort of RIP on this around that 80-90 level but gold doesn't look like it wants to surrender right now. However, these are all completed.

Makes a lot of sense when you relate it to trading. Even if you're trading rogue, entering anywhere on a chart, there was still a plan behind that trade. What did you want to target, what are you going to do if it goes wrong? Most of the time, thoughts are how much am I going to make, that excitement if it goes your way and how that one trade is going to make a difference to your life. The truth is, one trade is not going to change your life, in fact, you should looking at that one trade and thinking, is that all! Knowing, What you won't see is, with the right mindset and money management, that one trade will become two, three, four and so on. Small risk, sensible lots and knowing when to cut your losers will built your account no doubt.

The markets are designed to make you fail, that is their primary objective. Every day, you need to enter these markets knowing there are large institutions and powers that be out there, and all they want is your money. If it's a game to you that's fine, play it with what you can afford to lose. If you want to play the game seriously, you need to make plans, you need to learn, you need to practice and you need to observe more than you trade!