Today move rejected the order region as suggested in the KOG Report yesterday not only giving the long trade up into the region as we did in Camelot but then the short trade back down to potentially where the gap in on open. As per the update above, the levels are important and will be manipulated as we're towards the end of the month, and we have FOMC and NFP this week. 2020 stands are key level support, we had a bias level there this morning with a target region of 2035 which is complete. Now, what we want to see is how the level reacts to price if attacked again. The extension of the move is still active as well as the completion target, but as above, we're going to experience whipsawing and choppy price action this week, so please be on your guard
Some asked about the red box strategy we are talking about.
Today bias level was bullish above into the order region, but where in the order region did we want to go?
Now we wanted the entry. This is where red box trading come into play together with PA and technical analysis, "levels don't lie"
That's you're average day in Camelot, and that's just on Gold