End of day update:

Nice move into the bias target level which is completed. We're seeing a slight RIP here but nothing significant suggesting a deep pullback so support now stands at the order region 2030-35 for anyone in short! See you tomorrow

You should be in these markets as a "trader", a buyer/seller of products just like you would in any other business. Difference here is you don't need to sell 20 products a day to make profit, here you need 1 decent trade a day to make a very good income and then come back fresh the day after.

Every day you should approach these markets with a fresh mind, fresh analysis and a plan for what you're going to do. Where am I targeting, where am I going to wait for an entry, how much am I going to risk. The only time you should be buying multiple "products" is when you're splitting your lots sizes into smaller portions to scale into position, or, you're trading another pair with the same parameters as you would with one pair.

You're not going to win every day, get used to this, the market is going to want to take back what it gives, your job is to identify when this is about to happen, and stay away, or, switch your plan to go the other way. Don't marry the trade, don't marry your bias. This is hope, hope kills accounts.

Your risk model is there to protect you, you must use this to your advantage. Even 3 small losses, patience, discipline and then planning your next entry will reward you, most of the time breaking you even for the day, or coming out with a small profit.

I hope you understand what I mean by the above. You'll notice the bias changes here, the direction changes, we don't commit to one direction or focus too much on where price may end up. All we're looking for is a decent trade a day, a plan of intra-day direction, a plan of entry, a plan of managing the position, and a plan to get out.

Please try this, it's all about mindset and discipline, removing the fear and anticipation of where price is going. It goes up, trade it up, it goes down, trade it down. Goes to the moon, or the basement, who cares, we're here to make money where ever it goes.

End of day update from us here at KOG:

Yesterday we suggested anyone short look for the levels of 2035 as a target region where a potential RIP could have been expected. We managed the target region and then a mere 80-100pips tap and bounce but the activation is still live!

Support still stands at 2030 with the bias level moved up into 2025 and an extension of the down move taking us way down into the 2020-16 region if they want to stretch! Swings in both directions expected tomorrow and Friday as many will want to exit or cover positions, so please trade carefully and stay on the defence.

Reminder:

There are a few profiles on Instagram now with different variations of Knightsofgold:

Knightsofgold001
Knightsofgold _05
Knightsofgold _uk

Please be aware of anyone contacting you pretending to be from KOG. We do not contact anyone about investment, account management, copy trading. These are scammers and they're after your money! Please stay alert.

11/12 - 15/12 In Camelot 💥

Reminder:

Putting this everywhere as some people are actually falling for it.

There are a few profiles on Instagram now with different variations of Knightsofgold:

Knightsofgold001
Knightsofgold _05
Knightsofgold _uk

Please be aware of anyone contacting you pretending to be from KOG. We do not contact anyone about investment, account management, copy trading. These are scammers and they're after your money! Please stay alert.