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As always, trade safe.
KOG
As always, trade safe.
KOG
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No one does it like this, pip captures are absolutely crazy
Level to level please if you took the bias level.
Not hoping for anything apart from quick pips. So far nearly 200
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
EURUSD
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Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
As always, trade safe.
KOG
I missed the move:
Team, when markets are moving like this we as traders should know that there is something geopolitical on the horizon. They call them all time highs, blow off tops, parabolic moves, but please, look at the charts and please don’t get involved in the euphoria. There are so many tools we’re using here to keep us the right side of the markets, but ultimately, the trader makes the decision! What do I mean when I say this? We’re intra-day traders, it shouldn’t matter to us where the market goes or what it does, don't worry about missing the move. The market will play in such a way that when it moves aggressively it will keep you focused on where you wanted to go rather than where its going.
Team, when markets are moving like this we as traders should know that there is something geopolitical on the horizon. They call them all time highs, blow off tops, parabolic moves, but please, look at the charts and please don’t get involved in the euphoria. There are so many tools we’re using here to keep us the right side of the markets, but ultimately, the trader makes the decision! What do I mean when I say this? We’re intra-day traders, it shouldn’t matter to us where the market goes or what it does, don't worry about missing the move. The market will play in such a way that when it moves aggressively it will keep you focused on where you wanted to go rather than where its going.
We're here to make money and take what they give us, this is why we have our trading rules. If the high is already in, we'll follow the chart to the downside, if it isn't we'll trade it to the upside. Bullish above/bearish below, Excalibur targets, stop loss, key levels. We know then not to short the lows and not to long the highs. We're not taking small pips here, we're having 100+ pip days so it doesn't matter where the market goes, we'll trade it and make the most of it.
Don't trade anything and everything, pick the best, leave the rest. Don't trade blind, don't over leverage, control your greed and your emotions. Discipline is what will make you money as will sitting on your hands if you have to. Cash is a position in markets, it's a strategic position so don't think you have to trade everyday.