Just to be clear. There is a turn on its way and there will be a potentially small bull run, however, the short term low is important.
We have Jackson Hole this week so the markets are going to be reacting if anything is said that they don't like in the press conferences. The Media is not allowed in the symposium so every press conference will be full of Q&A's that can move the market.
Trade with caution and if you're new to trading reduce your lots sizes to remain flexible.
KOG
We have Jackson Hole this week so the markets are going to be reacting if anything is said that they don't like in the press conferences. The Media is not allowed in the symposium so every press conference will be full of Q&A's that can move the market.
Trade with caution and if you're new to trading reduce your lots sizes to remain flexible.
KOG
Follow and hit like....Well done those who spotted it on TradingView 👍
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/US30/bwL7XDs1-US30-Daily/ Who followed us on US30?? 💥💥💥💥
POINT TO POINT, LEVEL TO LEVEL BOOM!
And what did they do, it should have rejected from supply and dropped, they made sure they went for the re-test to take the break even traders out.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
account size: Less than £500: LOT SIZE – 0.01 with a MAX LOT SIZE OF 0.03 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.01 lot size will give you flexibility when the market goes…
Account size/Lot Size
Less than £500:
LOT SIZE – 0.01 with a MAX LOT SIZE OF 0.03 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.01 lot size will give you flexibility when the market goes against you.
£500 – 1000:
LOT SIZE – 0.02-0.03 with a MAX LOT SIZE OF 0.06 AT ANY GIVEN TIME – You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.02-0.03 lot size will give you flexibility when the market goes against you. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.03, when you reach 10-15pips take 0.02 in profit and set the stop to entry, let 0.01 run to the target with the trade protected.
£1000 – 1500
LOT SIZE 0.05-0.07 with a MAX LOTS SIZE OF 0.10 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.05, when you reach 10-15pips take 0.03 in profit and set the stop to entry, let 0.02 run to the target with the trade protected.
£2000+
LOT SIZE 0.05 – 0.15 with a MAX LOT SIZE OF 0.17 AT ANY GIVEN TIME - . Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.07, when you reach 10-15pips take 0.05 in profit and set the stop to entry, let 0.02 run to the target with the trade protected.
Too many traders get stopped out and blow accounts because their lot sizes are too big. A small reversal on the pair and panic sets in because a high percentage of the account is in drawdown. They take the loss and the market ends up going their way in the end. This is not the way to trade! You will make money but ultimately you will face huge losses on your account. The market is designed to play with your emotions and your greed, you need to use this to your advantage. The only way to protect yourself is money and risk management, it’s a fundamental tool and skill required to trade.
Less than £500:
LOT SIZE – 0.01 with a MAX LOT SIZE OF 0.03 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.01 lot size will give you flexibility when the market goes against you.
£500 – 1000:
LOT SIZE – 0.02-0.03 with a MAX LOT SIZE OF 0.06 AT ANY GIVEN TIME – You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.02-0.03 lot size will give you flexibility when the market goes against you. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.03, when you reach 10-15pips take 0.02 in profit and set the stop to entry, let 0.01 run to the target with the trade protected.
£1000 – 1500
LOT SIZE 0.05-0.07 with a MAX LOTS SIZE OF 0.10 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.05, when you reach 10-15pips take 0.03 in profit and set the stop to entry, let 0.02 run to the target with the trade protected.
£2000+
LOT SIZE 0.05 – 0.15 with a MAX LOT SIZE OF 0.17 AT ANY GIVEN TIME - . Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.07, when you reach 10-15pips take 0.05 in profit and set the stop to entry, let 0.02 run to the target with the trade protected.
Too many traders get stopped out and blow accounts because their lot sizes are too big. A small reversal on the pair and panic sets in because a high percentage of the account is in drawdown. They take the loss and the market ends up going their way in the end. This is not the way to trade! You will make money but ultimately you will face huge losses on your account. The market is designed to play with your emotions and your greed, you need to use this to your advantage. The only way to protect yourself is money and risk management, it’s a fundamental tool and skill required to trade.
End of day update. Please do hit the like button for us 🙏
Last year we tracked this up, This is how we tracked Gold this year so far. All the way from the top to the bottom, then back up and then back down.
All shared live and in front of everyone with TradingView history. We always say read the text, don't just look at the pictures!
This group has been running for a long time now, there are only a few groups who stick around, remain consistent and provide you with in-depth accurate analysis day in day out, for FREE!
We were never here for the subscriptions to Camelot, Camelot started due to other groups setting up on the back of KOG, sharing our ideas and trades and charging traders for it ( they're still at it). You'll know Camelot has only recruited 3 times in 2yrs to maintain the standard of our work and is a small group compared to others.
A lot of traders are asking when we will open again as we did say we would recruit in July. In all honesty, we're so chuffed with the members we have that we don't feel like we need to recruit! However, we're going to open again in the coming weeks so please look out for messages on this group for updates!
Please like, share and comment on our posts, its greatly appreciated and doesn't go un-noticed.
Regards,
KOG
We were never here for the subscriptions to Camelot, Camelot started due to other groups setting up on the back of KOG, sharing our ideas and trades and charging traders for it ( they're still at it). You'll know Camelot has only recruited 3 times in 2yrs to maintain the standard of our work and is a small group compared to others.
A lot of traders are asking when we will open again as we did say we would recruit in July. In all honesty, we're so chuffed with the members we have that we don't feel like we need to recruit! However, we're going to open again in the coming weeks so please look out for messages on this group for updates!
Please like, share and comment on our posts, its greatly appreciated and doesn't go un-noticed.
Regards,
KOG