FOMC TODAY:

The most amount of money is lost and accounts are blown during FOMC and NFP because traders are trying to capture the volume driven candles with large lots. They also get stuck in pre-event price action during the ranging and chop without using SL's. This is a recipe for disaster, large lots, small accounts, it only take s a small spike to blow your account. This is not trading, this is gambling!

Tonight the casino is open, the drinks are free to entice you, only you can have that discipline to sit and wait patiently for the right moment.

Lovely

Imagine this on your own screen, 4H for swing trading, 1H for day trading and 15min for scalping. Any pair on any chart 24hrs a day including crypto and stocks. Add to that the Knights indicator giving you swing points, key levels and retracement levels and our custom volume indicator telling you when to long, when to short and when to stand back from your trades and on top of that the new cross over, pin pointing liquidity injections in to the market.

Website: Join us here (open) 👇
www.knightsofgold.co.uk

With the amount of volume being generated this week I mentioned in the KOG Report I would expect an undercut low yesterday, what confirmed that was the PA and the algo which kept activating short and gave us a target lower which is now hit. I would like to see this breach the defence for now, and potentially give the retracement needed by bulls to cover or get some reward. Lower levels are 4490, 4480-75 and 4460.

With the liquidity indicator now near the low, I would anticipate a RIP from one of these levels. The cross will confirm, for now, no more shorting.

From a well known broker. It's an idea to have a couple of brokers at hand, just in case one doesn't play ball or doesn't give you the service you need.

This ends on the 31st April.

There it is 👍

Number 1: DOW

Number 2: EURUSD 👍

Number 3: AUDUSD 👍

Waiting for GOLD