Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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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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Trading in accumulation and volume:

Trading against the volume comes with experience and skill, most of all the levels you're looking at for RIPs need to be precise, on top of that so does your risk model. Break and fail, break and move, if its the latter and you're in the wrong direction, you need to get out as soon as possible with minimal loss. The reason for this is the market is programming you, they're doing that to make you trade against the move, at every immediate support/resistance they're making you think it's the high or the low. It's normal across all traders, we mention it in the group a lot, when price is going up, they want to short, and when price is coming down, they want to long. When you see volume in the markets and the price starts moving, they want you to think it will reverse and correct the move, how many times does that happen?

There are only two ways to trade volume, firstly you're either in on the move and adding to the position, or you just get in from the support/resistance levels on the smaller timeframes. Or, you simply sit it out and wait, they don't usually finish in a day, that means you leave that pair alone, let them take it to where they want to take it, then you get in on the trade, either from support/resistance on the smaller timeframes or you come back the next day, look at where the price is and treat it as a new trade in a new region using the same strategy you always use.

The problem for traders arises when they're trying to counter trade and on top of that they're not using a stop loss. This is what the markets wants, it's quick liquidity for them and a blown account for you.

Don't be that trader that FOMO's in on every candle, most of our time is sat here waiting for the right trade with the highest probability.
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Another one flies the nest. We're sad when they leave, but so happy that they've achieved their goals and now stand on their own feet trading successfully for the future. One of many who have gone on to be successful in their trading and learnt the KOG methodology
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/fNyxzkTn-THE-KOG-REPORT-Update/
Just in case and for clarity. That move there on the green arrow has already happened and completed. I just left the arrow where it was
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Where's that idiot who was trolling me saying it can go either way based on your analysis and plan? Can't remember his/her name but have a look at the KOG Report for the last 6yrs. This is just the report since May πŸ”₯πŸ€•πŸ”₯πŸ’₯
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Anything that isn't ticked βœ… SL it! Still smashed Gold better than any other group. Going to spend tomorrow concentrating on the analysis and plan for Jackson Hole so this group might be limited. KOG
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Please support us and the free channel by hitting the like/boost πŸš€ button πŸ™ on our Tradingview ideas

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