Focus was on the news today and we had not 1, not 2, but 3 active targets and a hotspot. Target was hit on the release, hotspot reacted and we got a nice short down to complete 2 short targets to end the day.
Report out soon.
Report out soon.
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Quick update pre-NY
We have completed Excalibur targets above. We have completed most of the red box targets and bias level targets. We now have hit a red box and rejected temporarily and that blue candle is showing that volume up here is lower than usual.
Support is below at the 3360 level while resistance is way up 3406 (the red box target). We can't long here it's too high and we're pre-event, we shorted at the red box and took 70pips but it was a red box to red box trade.
Our custom volume indi is showing extreme caution longs so let's see what happens when the news is released.
Dollar is the one to keep an eye on, it's looking like it can make an aggressive move from here
We have completed Excalibur targets above. We have completed most of the red box targets and bias level targets. We now have hit a red box and rejected temporarily and that blue candle is showing that volume up here is lower than usual.
Support is below at the 3360 level while resistance is way up 3406 (the red box target). We can't long here it's too high and we're pre-event, we shorted at the red box and took 70pips but it was a red box to red box trade.
Our custom volume indi is showing extreme caution longs so let's see what happens when the news is released.
Dollar is the one to keep an eye on, it's looking like it can make an aggressive move from here
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Knights of Gold (Gold/FOREX Analysis/Trade ideas
📱 Invite link:
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📊 Looking for a reliable prop firm: Hantec Trader
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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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Please support us and the free channel by hitting the like/boost 🚀 button 🙏 on our Tradingview ideas
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We hit our target overnight with the volume but as you can see above on the 1H and the 4H chart shared, we broke the red box, hence there was no opportunity to short it.
Please learn about the strategy and use the boxes to your advantage when we share them.
Resistance now 3435 while support flips to 3410-6
Please learn about the strategy and use the boxes to your advantage when we share them.
Resistance now 3435 while support flips to 3410-6
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We hit our target overnight with the volume but as you can see above on the 1H and the 4H chart shared, we broke the red box, hence there was no opportunity to short it. Please learn about the strategy and use the boxes to your advantage when we share them.…
Red boxes! 3410-6 support attacked and RIP! Even at 3410 over 70pips
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