Dear Members. Last week we said we were running Excalibur across 31 different pairs. We said we will start a poll to identify which pairs members would like us to publish targets for as 31 is a bit much. Unfortunately we didn't get a chance to publish the poll as we wanted to see how Excalibur performed across a variety of pairs before we make a decision which ones we will publish.
Good news is its working well. Below are the results of the last 7 days. You'll see the ones marked complete are trades that hit the target. The ones in Amber are trades still running.
We'll analyse the active ones over the coming sessions and give our targets for those.
KOG
Good news is its working well. Below are the results of the last 7 days. You'll see the ones marked complete are trades that hit the target. The ones in Amber are trades still running.
We'll analyse the active ones over the coming sessions and give our targets for those.
KOG
Note to Members:
We've now hit over 1k members on the group. We thank you all for your support and following. We never imagined 5 months ago that we would have this kind of reception from people, we're truly humbled. We would like to remind you that there are a lot of members in this group who are part of other trading firms and telegram groups. Some are using our work and selling it, some are direct messaging members touting for business. We can't stop the DMs but please be careful who you entertain. Account management is a big no no, unless that person can provide you with at least 2yrs worth of trading history on live accounts, not demo accounts. Even then we wouldn't recommend you giving money to someone to trade. The best way is to learn and trade your own money.
The Knights will never message you directly offering you services. Everything will be shared here first unless you've already had communication with us! If you receive messages from someone stating they're part of KOG asking for money or offering services, please let us know immediately.
Stay safe, trade safe. KOG
We've now hit over 1k members on the group. We thank you all for your support and following. We never imagined 5 months ago that we would have this kind of reception from people, we're truly humbled. We would like to remind you that there are a lot of members in this group who are part of other trading firms and telegram groups. Some are using our work and selling it, some are direct messaging members touting for business. We can't stop the DMs but please be careful who you entertain. Account management is a big no no, unless that person can provide you with at least 2yrs worth of trading history on live accounts, not demo accounts. Even then we wouldn't recommend you giving money to someone to trade. The best way is to learn and trade your own money.
The Knights will never message you directly offering you services. Everything will be shared here first unless you've already had communication with us! If you receive messages from someone stating they're part of KOG asking for money or offering services, please let us know immediately.
Stay safe, trade safe. KOG
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
A small range last week which enabled us to scalp the markets up and down on the smaller timeframes. Looking at the weekly we can see the price is struggling to break above the trendline resistance which tell us next week we may see the price attempt to challenge…
We've just entered the Excalibur zone. Target one has just hit, we had a potential level of 1796.5 so lets see if it gets there. Above this we have our higher target. The price should be close to exhaustion so a pullback is on the cards. We're not shorting it and its not the right time to go long. Lets wait and see if we get some support below.
We didn't get the pullback that we were looking for to get the perfect entry for this trade, however, like we said, use the support and resistance levels on the charts provided along with the Excalibur targets we publish.
We didn't get the pullback that we were looking for to get the perfect entry for this trade, however, like we said, use the support and resistance levels on the charts provided along with the Excalibur targets we publish.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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KOG Members. We're sharing the update from our Excalibur targets that were identified last week. We've shared 2 trades as well as the Gold analysis so far. We won't share anymore today but below is whats to come this week.
GBPUSD - too late to get in. Looks like its already started the move identified by Excalibur last week.
EURGBP - Started the journey towards the Excalibur target.
EURJPY - We'll look at this in tomorrows session for a short to Excalibur target
GBPCHF - Again, looks like its started its move. Excalibur suggested the long last week. We'll wait until the morning as we want to get in for this one.
USDJPY - Excalibur suggested a short, we're not going to risk it yet. We'll wait for tomorrow.
USDCAD - Excalibur suggested the short. We're 8pips from the target, too late to get in.
AUDJPY - Started its move, we'll wait for tomorrow.
GBPUSD - too late to get in. Looks like its already started the move identified by Excalibur last week.
EURGBP - Started the journey towards the Excalibur target.
EURJPY - We'll look at this in tomorrows session for a short to Excalibur target
GBPCHF - Again, looks like its started its move. Excalibur suggested the long last week. We'll wait until the morning as we want to get in for this one.
USDJPY - Excalibur suggested a short, we're not going to risk it yet. We'll wait for tomorrow.
USDCAD - Excalibur suggested the short. We're 8pips from the target, too late to get in.
AUDJPY - Started its move, we'll wait for tomorrow.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
AUDUSD 1H Trending nicely. Any pullback to our levels and we want to test the long trade to the targets identified. Small lot on this one
Unfortunately for some of you this has hit the SL. We're still in the trade with a tiny lot unless this breaks out of the trend.
We'll mark this as SL HIT.
We'll mark this as SL HIT.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Unfortunately for some of you this has hit the SL. We're still in the trade with a tiny lot unless this breaks out of the trend. We'll mark this as SL HIT.
AUDUSD Update:
We're still in it but......If it breaks the level below we'll come out of the trade. We'll look to get back in later. If you're following you should be using a small lot and managing your trade.
We're still in it but......If it breaks the level below we'll come out of the trade. We'll look to get back in later. If you're following you should be using a small lot and managing your trade.
XAUUSD update published on Tradingview. If you like our analysis please show your support by giving us a like and sharing the group with others who are interested in trading.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
XAGUSD - 1H As long as this stays below 26.93 we're shorting it to the identified area. Two targets on this one , will look to come out of a majority of the trade at the first TP. As always, small lot, low risk and SL in place.
XAGUSD - This is where we're struggling. The targets are accurate, however, we have to publish a responsible stoploss as we're aware traders are following. This trade is complete but unfortunately the spike will have triggered the stated SL.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://uk.tradingview.com/chart/XAUUSD/uNY4kQSd-XAUUSD-4H/
We're still within the range we've been stuck in since mid-April. Excalibur has left a short-term signal around the 1767 mark which tells us a spike down is possible over the coming sessions. We're not taking the short for that destination, reason being we can see an area of concern on the chart. Most of the main moving averages are starting to converge again, add that to the extended accumulation and we have a recipe for a big breakout. Now whether the market is waiting for NFP or it makes its move prior to the release we're yet to see. We have an early indication of direction but we need to analyse the charts a bit more before we can confirm.
You can see the 2 immediate targets on the chart. As we said yesterday, the ideal scenario is for this to go up first and then do the drop we want. However, this is Gold, expect choppy price action and a whipsaw ride.
You can see the 2 immediate targets on the chart. As we said yesterday, the ideal scenario is for this to go up first and then do the drop we want. However, this is Gold, expect choppy price action and a whipsaw ride.
XAUUSD 1H Update:
We can see we're playing in a potential channel formation on the hourly. The levels are being respected so we'll take this channel seriously. With the Excalibur signal below around 1767 that would mean the channel support needs to either break or this will spike down to take out Buyers stop losses at some point. If it does that we have our levels above that we will look to. Now if this is a potential swing 5, this shouldn't break below the 1760 level. If we break and close below 1760 then we're looking for lower pricing, 1750, 1740-35. The ideal scenario here is a spike down and rebound. Lets wait and see! We'll keep updating you as we go on.
We can see we're playing in a potential channel formation on the hourly. The levels are being respected so we'll take this channel seriously. With the Excalibur signal below around 1767 that would mean the channel support needs to either break or this will spike down to take out Buyers stop losses at some point. If it does that we have our levels above that we will look to. Now if this is a potential swing 5, this shouldn't break below the 1760 level. If we break and close below 1760 then we're looking for lower pricing, 1750, 1740-35. The ideal scenario here is a spike down and rebound. Lets wait and see! We'll keep updating you as we go on.