Camelot Friday today and to be honest, after the rollercoaster of a week it's been we're going to make sure nothing is heading back to in the market makers account today. We had last nights analysis shared with the level for the undercut low which has worked well.
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That's our target level and we're protected and managed. We have a hot spot above which is the extension of the move, just like the RB targets, that's a bonus if we get it to end the week
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Support stands at the 4040 level which is todays key level. Wishing you all a great weekend and we'll see you on Sunday for the KOG Report. KOG
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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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https://www.tradingview.com/chart/XAUUSD/eFyNedAj-THE-KOG-REPORT/
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THE KOG REPORT for FX:XAUUSD by KnightsofGold
THE KOG REPORT:
In Last weekβs KOG Report we managed to get the move down in Camelot but only half way, the rest of the move we observed as it did go a little further than expected. Thankfully we notified traders that we would not be looking for that longβ¦
In Last weekβs KOG Report we managed to get the move down in Camelot but only half way, the rest of the move we observed as it did go a little further than expected. Thankfully we notified traders that we would not be looking for that longβ¦
β€16
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FREE TRAINING AND INTRO TO KOG
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Tradewithkog
Knights of Gold | Forex Education
The exact framework that took traders from confused to confident and funded. Expert guidance, daily plans, and proven strategies.
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FOMC DAY!
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!
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.
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!
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.
β€21π5π₯1
https://www.tradingview.com/chart/XAUUSD/nyK1waA7-THE-KOG-REPORT-FOMC/
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THE KOG REPORT - FOMC for FX:XAUUSD by KnightsofGold
THE KOG REPORT - NFP
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted riskβ¦
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted riskβ¦
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