Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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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.
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NAS Before, pin point entry level
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We'll continue to move with it upside with support 2410 and 2406. There's a level above sticking out to us which we'll monitor for a RIP if the set up is there. As it stands, a nice move so far that has been traded from the low hitting TP after TP. We'll continue to flow with it until it gives us a sign of a Kings swing.
Would it help traders if we shared the red boxes across the most common pairs? Let us know in the comments section on the tradingview post.
Todays market maker tip:
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And another. Step 1/2/3 Redboxtraders
All planned before the move or any target
The market is designed to confuse retail traders, the reason for that is they know 95% of you enter these markets with no plan. You’re not aware of the levels, you’re not charting the pairs you trade, and you lack the basic skills to manage your money and your risk. You need to have a plan before you enter a trade, you need to have a strict set of rules, and everything should line up as much as possible before you take the entry. By the time new traders understand they need a plan, they’ve blown their accounts and blame the markets. KOG