Still playing the same range with 2638 holding us up and 2655 down. Please don't get too confident in the range, that's what they want you to do before they make the breakout. The levels are holding and boxes are giving RIPs but make sure you have an SL in place

15min Red boxes

4H Red box update

Gold continues to chop the range but is holding the immediate levels giving decent opportunities on for the scalps. Support still holding below 2630 giving the tap and bounce from the red box for another blinding trade upside. We'll continue with the bias level looking above to come back down again. We had that target level in mind 2670 which is just above the bias level, but we can't commit due to the range. Let's see what the this session has in store for 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.

You only need to look above through the history of the daily bias to see how effective and accurate it is. We share it in here to help our followers, the difference is, in Camelot we have pin point levels and of course the take profit levels to enable us to get out, or in at the right times.

To add: A simple post is now turning into a essay! With the bias level, pick a decent trade!! We're not just giving support and resistance levels for content, these are key levels for price to attempt, we could give a BOOM every time they're hit but that would be silly. Use the levels, plot them on your charts, that's the start of level to level trading. If you get a decent trade into a level using the bias, be done with the market. No need to flip on the reverse trade unless there is a clean set up. Vice versa, if you're waiting for the bias level, make sure the set up is clean, use the intermediate levels which are given, and then get in. Implement it into your trading, see how it works.

REDBOX Traders

Done for the day. NFP around the corner, so take it easy on the markets please, reduce lot sizes if you're going to trade and make sure you risk model is sensible. Late start tomorrow for us so we won't be here until the US session. End of day report will be published shortly.