Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Thats where it is at the moment. If it hangs around tomorrow we'll look to get back in. If you want to hold it make sure you manage the trade, stick to the stop loss!!
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Looking to test the long around this region. Expecting this to potentially go down a little further so need to take a bit of caution. We're hoping we get our target that was published a couple of days ago. Small lot, stop loss in place.
Currently running at 30-40pips profit depending on where you entered. We're taking 50% here at 40pips profit. Leaving the stop where it is for now.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Taking another 25% here at 55pips profit. Stop to entry
So we only have 25% of the trade running for the target, 75% profits banked and the stop has been moved to entry. Trade protected
Just for clarification and for those new to trading. We don't use Micropips in case anyone is wandering.
E.G
100mps = 10pips
200mps = 20pips
And so on.
When we say we've banked at 50 pips thats 500 micropips.
E.G
100mps = 10pips
200mps = 20pips
And so on.
When we say we've banked at 50 pips thats 500 micropips.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Thats where it is at the moment. If it hangs around tomorrow we'll look to get back in. If you want to hold it make sure you manage the trade, stick to the stop loss!!
EURUSD - 1H Update:
This trade hasn't gone to plan so far. We took the exit yesterday with minimal profit.
Its still active but close to the stop.
This trade hasn't gone to plan so far. We took the exit yesterday with minimal profit.
Its still active but close to the stop.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Taking another 10% here. Leaving 15% running with stop to entry
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We're looking for lower levels on this one . Any retracement upwards that shows resistance and we'll test the short with a small lot and strict SL. As always, trade safe.
Trade Complete. Straight into Excalibur Target zone! 💥💥💥💥
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We're looking for lower levels on this one . Any retracement upwards that shows resistance and we'll test the short with a small lot and strict SL. As always, trade safe.
If you held out on this one with the stop then you will be loving this trade right now!!
That's all for today folks. Hope you managed to catch some Pips, if you didn't then there are many more trades to come. We'll be back tomorrow unless anything changes in the remainder of today's sessions.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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We're out of this trade but its still active.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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XAUUSD - 1H Update:
We've hit our target for Gold in which we were successful with our trade. We're now looking for Gold to find a good, strong support below. This is a scenario where we have to be patient and wait for the opportunity to arise. We still think Gold has potential to go a bit higher so lets see how the lower levels hold.
We will share any trade ideas we have with you all. At the moment we only have the EURUSD trade which is still active. This has been a good week so far and we're nearing the end of it, so lets pick and choose the high probability trades to take.
We've hit our target for Gold in which we were successful with our trade. We're now looking for Gold to find a good, strong support below. This is a scenario where we have to be patient and wait for the opportunity to arise. We still think Gold has potential to go a bit higher so lets see how the lower levels hold.
We will share any trade ideas we have with you all. At the moment we only have the EURUSD trade which is still active. This has been a good week so far and we're nearing the end of it, so lets pick and choose the high probability trades to take.
Market close update has just been published on TradingView for XAUUSD
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://uk.tradingview.com/chart/XAUUSD/pcYt0Psc-XAUUSD-4H-Levels/
Coming towards the support levels. These levels need to hold as strong support. Momentum is quite strong as is volume.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We're out of this trade but its still active.
EURUSD Update:
Trade is still active. Didn't hit the Stop and is now close to the TP. If you're still in it its been a bit of a rollercoaster but worth it. We would suggest cashing out if it doesn't hit the TP before the market closes
Trade is still active. Didn't hit the Stop and is now close to the TP. If you're still in it its been a bit of a rollercoaster but worth it. We would suggest cashing out if it doesn't hit the TP before the market closes