Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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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.

There are mostly good days on the markets, then there are extremely good days, then there are MEGA DAYS on the markets! When you catch that sweet spot, and then get the bounce as well 💥

That's the region we wanted for the retracement which is now complete. Support stands at 4460 with resistance above at the 4430 level

Plus so much more:

Free courses

Trading Tips section

Fundamentals channel

KOGs Hot Spots (these are powerful)

KOGs bias of the day with intraday targets

Red box targets to go with the indicators (Madness)

On top of all that, we navigate the trail together. Take what we want out of the market and keep learning.

Join here 👇
www.knightsofgold.co.uk

Evening Thought:

What a year it's been on the markets team! I would like everyone to go through the EXC targets and LiTE targets section, although we've been through swings and roundabouts, look at how many targets have been completed. This should remind us that money management and patience is the key to successful trading and building accounts.

Every year I said we're going to step up the game, and we have. For next year, I'll say the same again. Most of the tools I introduce and use are copied and I'm sure next year you'll see some other groups using adaptations of what we've already been using. So, for next year I'll keep the plans a secret, but know it only gets better!!

I want to thank every single one of you for being here with me, you've shared my journey over the last 10yrs, most of all since I've started Camelot. The road has been long and with obstacles but we've navigated it and always stayed the right side of the market. Tops, bottoms, we've waited and confirmed the move.

For me the passion isn't just trading and the charts. Success is always putting your hand down and helping someone else up, so they can do the same thing. Let's stick with that ethos going forward, learn, use the tools and please try to help and support as many people as you can through their journey. We all come from different backgrounds but the goal is the same.

I'll be around for tomorrow but then I'm away until the 5th of Jan. Let's make sure we're stronger, more disciplined and better than we were this year. The more you push, the better it gets!

Last trade of the year for us and what a BOOM to end the year. See you on the other side!

Wishing you all a great NYE and a prosperous year ahead. KOG