Apart from Gold, level to level, point to point trades this is the rest. FOMC done!
That's the move nearly corrected from the FOMC impulse. Now, due to NFP tomorrow, we may see some choppy price action and ranging unless these levels break! We have support 2295 and resistance 2315 which are the key levels for today. Anyone who is short from the ideal entry point above should at least take partial profits and protect their trades.
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Invite link:
https://t.me/KnightsofGold
Find us on:
Website:
www.knightsofgold.co.uk
There is an option to contact us on the the website if you have any queries
Email:
contactknightsofgold@gmail.com
Instagram:
https://www.instagram.com/knights_of_gold/
X:
https://twitter.com/KnightsOfGold2
We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We trade level to level. Follow at your own risk. Always use a sensible stop loss. Strictly for educational purposes, not trading advice. We are showing you what we analyse and how we trade the markets.
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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
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
NFP day! We will put up some charts and idea's soon. Best practice for new traders and those less experienced is to stay out of the markets and wait until Monday when the better set ups will come. Otherwise, the trade comes after the event, let them move it where they want, then look for the set up.
Please do help support us and the free channel by hitting the like/boost π button π
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Wishing you all a great weekend ahead and we'll see you on Sunday for the KOG Report.