The KOG Report has been published on TradingView. Please do give us a like and comment 🙏

To add:

If you're new to trading take a time out. Wait for levels to break and then either turn into support or resistance. Use this time to practice your trading and learn as much as possible, wait patiently for the extreme high or the extreme low to get into the market.

Here's a quick tip:

When the price is in a ranging market look for data of when the price was last in its range. Example above shows we had the range, a breakout above and then a break back inside the range. Draw a box around the range and then identify the buy area and the sell area. This stops you from trading in the middle of the range and getting chopped up by the market. Always wait for the lower levels to buy and the higher levels to sell. If either level breaks, wait for the support or resistance to turn into support or resistance. This gives you an indication of potential further movement in the direction of the breakout.

With the range you will find trends and smaller support and resistance levels. Use these level to take profits, enter or exit for scalping short term. This strategy makes sure you don't get caught trading in the middle having to hold trades in drawdown.

Use the above as an example for future ranging markets. We can still apply this method now but we feel we're nearing the end of the range and a breakout is imminent.

Reminder of lot sizes

Reminder:

We've broken through the first long level on the KOG report. Looks like it wants that lower level

Never a good idea to try and trade against the momentum

Let price find its support

This now the range low.

We want to see it break or not

FOMC later today. We'll try our very best to put together the KOG report pre-event, usually an hour or so before.

Reminder:

TIP:

You see how they did the breakout of the range above and then broke back in. This is the market taking out all the stop losses and activating the buy limits above the range. Once they've taken out the sellers they then come back down to take out the buyers. This is how they make money. Now imagine this the opposite way round, there will be a lot of buy orders, sell stops and buy stop losses waiting below the range low, there is a chance they will attempt to grab this liquidity so please trade carefully. Targets will always get hit, its not rocket science to identify targets, its how you manage your trades and money on the way to those targets that makes the difference

We shared this on the group a while ago. This diagram will give you a clearer understanding

FOMC - In our honest opinion the best way to trade this particular FOMC is to not trade it at all or trade it with small lots that allow you to move with the price without panicking if the price goes against you. We have a way to trade these events so will be sitting back on this particular one and observing until we feel the market is at the right level to get into any positions.

In any case, here is the KOG report for FOMC. Please do give us a like 🙏