Closing tomorrow team

Removed the lower path to clean up the chart a little. As expected, one of those resistance levels was going to give a reaction in price and as anticipated, due to the price being at all time highs, we had to give a take pips either side. In either case, resistance held for the short into the support region 2230 as mentioned but we've just missed 2220. It's bank holiday in the UK, normal business resumes from tomorrow. Expect some fireworks!

Gold playing the order region again 2250-55, it will want to take liquidity both sides. BE traders getting taken out before a bigger move

Nice start to the day, back to work

Don't be afraid to get it wrong! What most traders do:

Over think
Hesitate
Regret

Plan your trade, you're hardly ever going to get the exact level at the exact time with pin point entries.

Plan, then execute, don't be a afraid, have the confidence to test the levels by reducing your risk, lots sizes are important. You can increase the SL by decreasing the lots size. A great saying "your entry should be someone else's stop loss"

Focus on the process, not the money! You'll make far greater progress. We all get it wrong, but when you learn to manage trades its very hard to blow an account. Trust me on this, it's just practice and consistency with extreme discipline

KOG

Key resistance today 2278-80 with key level support now 2260 which could give a temporary bounce, but only for the scalp. We're sticking with the plan, not longing the market unless we get lower pricing. For now, as per the report yesterday, we were looking for a minor turn which happened early session.