Market has been totally rinsed today, we're happy to sit back, let price settle
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Caution longs please. We've taken the first bounce, the 2nd may break below
TIP:
The reason we said that was we already tested that level and bounced, for price to want to come back again without hitting the target level suggests they will want to take liquidity from below the order region, which is what you're seeing happening now. Some call this Buy/sell side liquidity, it's simple a stop hunt after accumulation in an order region.
The reason we said that was we already tested that level and bounced, for price to want to come back again without hitting the target level suggests they will want to take liquidity from below the order region, which is what you're seeing happening now. Some call this Buy/sell side liquidity, it's simple a stop hunt after accumulation in an order region.
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Learn about this and market structure, the behaviour of candles and movement. It will turn your trading around!
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We've had a few tech issues today resulting in the algo not working so we could only use the indicators and trade the red boxes. All back to normal now! Unfortunately, we didn't get the move we wanted to get that long yesterday but there will always be other opportunities. Please take your time to read the report and please support the free channel by hitting boost. KOG
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Decent bounce from the level. Taken majority, resistance 2930. Had a feeling the swoop was coming, thankfully we prepared.
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Happy Friday all. This is where, if you're still in it you need to protect and manage. Camelot Friday hence this group has less activity, we're cleaning up ready for a new week.
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