Even though we don't like trading Mondays, out of 78 trades on a Monday this year we have a 99% success rate. Maybe we shall pay more attention to trading Mondays.

These are MyfxBook stats

As we mentioned yesterday, Merlin said we've only had 3 SLs. Excalibur backtest results. Not bad for the year so far. #KOG

Sorry to post this here members but it's the only way to get the message across to those here stealing our work. You guessed it, they're at it once again. The person is obviously still in our group. The next time we see you've copied our work we'll take action through the FCA.

Seems to be going according to plan. We’re expecting this to pullback at some point over Monday and Tuesday. Looking for the 1730-20 levels again to see a reaction.
We longed the market here last week and took what we needed to. We had a higher target on the Daily at 1775 which hasn’t been met.
We still think this level is very possible so we will keep it on the chart and use it as a potential target depending on a decent pullback.

The double bottom is clear, the neckline break is also clear. This isn’t a good sign for bears as this has opened up higher levels for the bulls.
We’re short-term bullish as it stands, that may change during the week but it depends on how we open and what we see in the early hours.

As we’ve been saying regularly, this isn’t the market condition to hold trades unless you have extremely flexible stop losses. We’re only interested in entering and taking what the market gives us.

Support:

1730
1720
1750

Resistance:

1750
1756
1760
1778

Weekly:

Please have a look at last weeks analysis on the weekly timeframe .

We’ve tested this trendline resistance now numerous times, we’re also in a what we see as a liquidity zone.

We’ve also left a long wick the previous week which the market failed to fill. Please note, it doesn’t always need to wick fill but its something to always keep an eye on.

We’re expecting this to shack out some buyers, a dip towards 1720-15 wouldn’t surprise us. This would also be a good level to look for a long entry based on successful support. W
e have a higher level of 1760 then 1785 we have a eye on which isn’t too far away. There is also the upper trendline resistance level of 1798 which could be a potential target.

Support:

1730-35
1720-15
1700
1685

Resistance:

1750-56
1760-65
1780-85
1798

Please click on the link to Tradinview to see the chart. Your likes, shares and comments are very much appreciated so please do try to click like.

4H has already been published.

Enjoy the rest of your weekend. We'll see you tomorrow for hopefully another successful trading week. KOG

We're selling Gold. Looking for 1732 as the first target. Use a small lot (0.01) if you follow.

Be careful with this trade and make sure you use a Stop Loss if you're following us.

1734!!! NOT 1732

Adjust your TP please

We're going to play it really safe

You can exit here if you're not comfortable to hold it. 40pips profits

Trade complete 💥

Well done if you followed. Nice quick sharp entry and exit. Still lower to go but we'll take what we're given

GBPJPY: 1H

Take this with caution. A lot of you here trade this pair so you'll know what you're doing. Based on our analysis of it we're looking to sell it.

GBPJPY - If you entered this protect your trade. This has left a price level down below that we're targeting, however, breaking the level above will move it up towards the negative area. If it breaks up, we won't wait for the stop loss to hit. We'll exit the trade and look to re-enter again higher up.