Unfortunately that level didn't hold for us to attempt the long trade, our indicators and boxes were just not agreeing, but it was too early in the session to update. We're now between the two order regions 2550 and 2535 which is where price may play pre-event (PPI) which is later in the US session
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Red box indicator, smashes it again πͺ
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Having a Camelot day today so a quick update. That level we wanted for the low was tapped and bounced giving a nice long. These long trades should be protected and managed. Nothing more we can do apart from enjoy the rest of the day in blues
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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10 out of 11 just on Gold! π
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Red box update
Free Red Boxes performance this week. Nice long term level to level trades there.
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RED BOXES:
Weβve been using these now for a few years and they have proven to work extremely well when combined with our other strategy as well as a standalone strategy in itself, once you have experience. You need to have a plan and you will need to have basic knowledge of price action, you can add MAβs, indicators of your choice, and use these with your own strategy to limit your drawdown and identify when you may be in the wrong side of the market.
You will notice the boxes, just like usual support and resistance will give RIPs. Keep an eye on KOGβs bias of the day together with the targets as well as the analysis we share on the KOG Report updates. This will help you to make a plan for the day, then add the red boxes to your charts and hopefully youβll notice a difference in your trading.
Weβve been using these now for a few years and they have proven to work extremely well when combined with our other strategy as well as a standalone strategy in itself, once you have experience. You need to have a plan and you will need to have basic knowledge of price action, you can add MAβs, indicators of your choice, and use these with your own strategy to limit your drawdown and identify when you may be in the wrong side of the market.
You will notice the boxes, just like usual support and resistance will give RIPs. Keep an eye on KOGβs bias of the day together with the targets as well as the analysis we share on the KOG Report updates. This will help you to make a plan for the day, then add the red boxes to your charts and hopefully youβll notice a difference in your trading.
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