We need to understand this journey we've embarked on. It's one of the hardest things you're going to do and it's a mountain that almost has no peak. You will keep learning every day, when you think you know it all, market character changes and you need to learn more. One thing that never changes, human nature! This is a fundamental driver of the markets, as long as human nature doesn't change, markets will remain and do the same thing. Education is so important, learning from others doesn't mean you follow what they do, their psychology, trading style, strategy and discipline can never be the same as yours. Follow and listen to what they say, they're giving you first hand experiences of their journey in the markets, they're speaking from having taken wins and losses, blowing accounts and rebuilding accounts. There are nuggets everywhere in this group, not only that, the members here are absolutely amazing. Would say to all newbies, keep your ears and your eyes open, this level of information and experience is very hard to find.
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https://www.tradingview.com/chart/XAUUSD/UUe8quO8-THE-KOG-REPORT/
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THE KOG REPORT for FX:XAUUSD by KnightsofGold
THE KOG REPORT
In last weekβs KOG Report we said we would stick with our plan and look to continue with the move downside. This worked well for us and also gave us the bounce we wanted pre-event for the long trade following the retracement. For NFP, weβ¦
In last weekβs KOG Report we said we would stick with our plan and look to continue with the move downside. This worked well for us and also gave us the bounce we wanted pre-event for the long trade following the retracement. For NFP, weβ¦
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Quick update from us as we've just got back onto the charts.
Sunday's idea unfortunately didn't work as planned, the first level was smashed through so there was no point looking at it. We approached the 2nd region, managed a 50pip scalp on the way up, then a 100pip short before coming out early due to the indicators saying higher.
We now have support 3360-55 with price already bounced 3350 earlier giving a long opportunity. Support 3358-60 holds, we could see this target the recent high again with the first region around 3375 and above that 3380. Lower support in extension if 3344 which lines up with confluence
Sunday's idea unfortunately didn't work as planned, the first level was smashed through so there was no point looking at it. We approached the 2nd region, managed a 50pip scalp on the way up, then a 100pip short before coming out early due to the indicators saying higher.
We now have support 3360-55 with price already bounced 3350 earlier giving a long opportunity. Support 3358-60 holds, we could see this target the recent high again with the first region around 3375 and above that 3380. Lower support in extension if 3344 which lines up with confluence
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Shorter TF indi suggesting a pull back here
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Shorter TF indi suggesting a pull back here
There's the pull back into support on the indi, then the bounce nearly 50pips in
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Knights of Gold (Gold/FOREX Analysis/Trade ideas
https://t.me/KnightsofGold
Find us on:
Website: Join us here (open) π
www.knightsofgold.co.uk
There is an option to contact us on the the website if you have any queries
Email:
contactknightsofgold@gmail.com
https://www.instagram.com/knights_of_gold/
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https://www.tiktok.com/@knights_of_gold
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https://myhtrader.hmarkets.com/purchasechallenge?affiliateId=1556
We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
Knights of Gold (Gold/FOREX Analysis/Trade ideas
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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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