That was our last red box and hot spot target completed. Small RIP from there as going long was too risky! Resistance remains the same as long as we don't close above. For now, support becomes 4405! That was worth a shot and gave a decent return for those who missed the long

Taking it easy as it took until just before the US Session for the activation and trigger. But it's worked well as we were too high to go long, better to wait for the short set which came. Support is here and below 4430 while resistance is 4475

And there's our first target achieved and completed.

One of our traders noticed this, it's still active until tomorrow

https://myhtrader.hmarkets.com/purchasechallenge?affiliateId=1556

Then did that! 😂🔥

Xmas week so we're taking it easy hence less interaction on this telegram group. We had a defence level yesterday which we told traders to look out for together with the bias levels. That worked quite well following the red box indicators confirming the move lower.

Nice rejection from there now targeting the key level 4455 which needs to hold us to go higher. There is no defence break below at the moment so there is potential for range play between 4455 and 4495 into the close

Another one....

Code: XMAS50

Get 50% off challenges until tomorrow

We're not even around much, the indicators are doing the work for us. Happy with that so far for a boxing day trade

Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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📊 KOG's Broker of choice:  Hantec Markets
https://hmarkets.com/live-account-pre-registration/?refid=11771&cmp=8d3x4m1u&ent=hm

📊 Looking for a reliable prop firm:  Hantec Trader
https://myhtrader.hmarkets.com/purchasechallenge?affiliateId=1556

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Knights of Gold (Gold/FOREX Analysis/Trade ideas



KOG

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.