Many of us sit and wait for the perfect entry, I can tell you, unless you're scalping, this hardly ever happens. The key to get an entry is identifying your target region first! Once you have identified that target region, then start looking not for a precise entry, but a region or a zone you want to be testing your entry in. The skill is not getting in too early, and if you get in too late you're usually going to be the wrong side of the market.

You lot size needs to stay within the boundaries of your account size, it's as simple as that. Small lots, good risk management and better captures. The 95% that fail are oblivious to risk management and trade management. It's nice to see what we teach and implement in Camelot, together with the targets make a huge difference to our traders.

So far we're in long, 2300 tapped as first region of interest. We now need a forceful break above here to complete the move but for now, happy with the trade so far.

Hello GOLD 🔥

As per the report, first trade was a nice one into the resistance level. Second trade as a bonus up to our target level in Camelot, we're going to stop at 99.9pips (only because we can) BE and let's see if we can complete the move. Support stands at 2305, resistance 2318

This goes for everyone. FOMC and CPi on the same day this week, it's going to be choppy and they will want to gather enough orders to move the markets again. This move isn't finished yet, it's only a short swing, so lets play the game safe while the market is out to get us!

KOG, how does the daily bias work? We share the daily bias based on the structure of the market and the analysis for the that day only. It's based on Excalibur and it's indications of market movement.

But you're long and the bias is short! Yes, bias can work both ways, it can give you levels to target for the opposite trade, for example, bearish below level is 2020, that means our algo's are telling us that price region is possible. So rather than wait for the level to short it, we'll apply the analysis to trade it towards the level and then look for the reverse trade.

READ THIS. SCREEN SHOT IT!

No news today. Looks like we're preparing for tomorrow's events, so choppy conditions to come during the next session. It's a small range, try and refrain from trading it mid-range.

When price is ranging:

Don't get used to it, they do this intentionally. They will play the range, get your confidence up until you start increasing your lots sizes, then they'll move and if you're in the wrong direction, they'll take back everything you make and more. When you have a decent day on the markets, don't try and force a trade, your next trade needs to be even more precise than the last one. A mistake traders make is think to themselves, yesterday I made $100, today I can afford to lose $50 and I'm still up. No, because if you lack the discipline to sit out and wait for an A STAR set up, you'll lack the discipline to stop losing when you get to $50.

If anyone is looking for a reliable broker, please try the above. We've used them for many years with no problems at all and continue to use them as our preferred broker in Camelot.