Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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We trade level to level. Follow at your own risk. Always use a sensible stop loss. Strictly for educational purposes, not trading advice. We are showing you what we analyse and how we trade the markets.
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Gold - As per the KOG reports, we're looking a little higher to short it. If you haven't already, please read the reports and give us a like and comment 🙏
As per the KOG report, we're entering the area where we would like to test the short on Gold . We will be trading with smaller than usual lots so we can be a little flexible with the stop
Gold, 40pips, think about taking partials if you need to. We're taking a little of the trade here
If this goes up higher we'll get in again. The entry looks good for now but we're going to play it safe
USOIL - Approaching Monthly supply. We're preparing to short this as soon as Excalibur gives us the indication.
This is focused more towards intraday trading. Using the smaller timeframes and plotting the trends as well as the support and resistance levels.
We're pre-fomc so its likely we're going to range like this until the release tomorrow, unless there is some news causing a breakout.
Did you chart the Excalibur targets??