This is where we stand at the moment after a very aggressive open on gold.
Red box targets, all apart from one now completed. We wanted 3370-5 initially, got 3370 in for the bounce and up 90 or so pips before then breaking the level and the bias to complete the targets below.
We have a lot of confluence here in terms of support, order region and MA's which have supported the price, however, we've broken the red box on the 4H which now flips us into resistance 3375 and support 3348
Red box targets, all apart from one now completed. We wanted 3370-5 initially, got 3370 in for the bounce and up 90 or so pips before then breaking the level and the bias to complete the targets below.
We have a lot of confluence here in terms of support, order region and MA's which have supported the price, however, we've broken the red box on the 4H which now flips us into resistance 3375 and support 3348
❤14🎉2
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
This is where we stand at the moment after a very aggressive open on gold. Red box targets, all apart from one now completed. We wanted 3370-5 initially, got 3370 in for the bounce and up 90 or so pips before then breaking the level and the bias to complete…
Nice move there
❤10
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
This is where we stand at the moment after a very aggressive open on gold. Red box targets, all apart from one now completed. We wanted 3370-5 initially, got 3370 in for the bounce and up 90 or so pips before then breaking the level and the bias to complete…
All done here
❤9
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Red Box indicators:
Many of us sit and wait for the perfect entry, I can tell you, unless you're scalping, this hardly ever happens. The key to get an entry is identifying your target region first! Once you have identified that target region, then start looking not for a precise entry, but a region or a zone you want to be testing your entry in. The skill is not getting in too early, and if you get in too late, you're usually going to be the wrong side of the market. So, use the bias and the red boxes, bullish/bearish above/below. Most new traders struggle with basic support and resistance or identifying zones; hence they’ll usually enter the market at the wrong time and place. This is where red boxes are really helpful, you can use them to identify key regions if you’re scalping or use the higher or lower ones for day trading and managing trades in-between.
KOG’s Red box and Knights indicators are part of our strategy and are added to our targets to further fine tune our entries and exits. We also use them combined with our hotspots and Excalibur/LiTE targets to keep us in the right direction of the markets, allowing us to trade between the levels, scalp in ranges or in low volume periods as well as identify possible turning points on the pair we’re trading.
Many of us sit and wait for the perfect entry, I can tell you, unless you're scalping, this hardly ever happens. The key to get an entry is identifying your target region first! Once you have identified that target region, then start looking not for a precise entry, but a region or a zone you want to be testing your entry in. The skill is not getting in too early, and if you get in too late, you're usually going to be the wrong side of the market. So, use the bias and the red boxes, bullish/bearish above/below. Most new traders struggle with basic support and resistance or identifying zones; hence they’ll usually enter the market at the wrong time and place. This is where red boxes are really helpful, you can use them to identify key regions if you’re scalping or use the higher or lower ones for day trading and managing trades in-between.
KOG’s Red box and Knights indicators are part of our strategy and are added to our targets to further fine tune our entries and exits. We also use them combined with our hotspots and Excalibur/LiTE targets to keep us in the right direction of the markets, allowing us to trade between the levels, scalp in ranges or in low volume periods as well as identify possible turning points on the pair we’re trading.
❤5
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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.
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.
❤6
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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.
❤7🔥1
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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.
❤8👍2
https://www.tradingview.com/chart/XAUUSD/ylJQVQZB-THE-KOG-REPORT-Update/
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THE KOG REPORT - Update for FX:XAUUSD by KnightsofGold
End of day update from us here at KOG:
We did not expect an open like that! Honestly, we were expecting a low volume day of ranging and choppy price action like last week, but from the get go, gold was off! It resistance the level we wanted, came down…
We did not expect an open like that! Honestly, we were expecting a low volume day of ranging and choppy price action like last week, but from the get go, gold was off! It resistance the level we wanted, came down…
❤18
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/ylJQVQZB-THE-KOG-REPORT-Update/ Please support us and the free channel by hitting the like/boost 🚀 button 🙏 on our Tradingview ideas Website: Join us here (open) 👇 www.knightsofgold.co.uk SHOW SOME LOVE GUYS, HIT…
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❤19👍6
Quick update on gold:
Shit show of price action. Please play safe, it's level to level scalps only available here.
Shit show of price action. Please play safe, it's level to level scalps only available here.
❤17
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❤7
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
👍
Morning all, early start then a long break as there wasn't much to do. No dip into lower support so we're still holding this trade from yesterday. 2 Excalibur targets complete while we now hit resistance around here. This flips us in play to 3345-50 support with new resistance 3370.
I'll share today's red box targets shortly
I'll share today's red box targets shortly
❤8🥰2🔥1