Shitshow of price action, a lot of chopping and whipsawing but that's the first level we wanted.

That went well!

We're just testing the algo

Camelot Friday, this group will be quiet.

THE KOG Report - Going to mark this off as completed due to it being JH and Friday and the end of the month

On the KOG Report chart it was a bit short from the hot spot and RB, on one of the indicators we got it bang on

See you next week for the KOG Report and my view for the week ahead. Wishing you a great bank holiday weekend ahead. Thanks for the support on the TradingView posts and on Socials. KOG

https://www.tradingview.com/chart/XAUUSD/2BUXqBCO-THE-KG-REPORT/

BANG!

Please click on the idea above and hit the boost button! You're support is greatly appreciated. KOG

The point is a chart is a chart. Levels are levels, it all depends on your style of trading. Every move does however start from the longer term charts, that's why we mostly analyse the markets top down, start on the monthly at a minimum, then work your way down. This shows you where markets have turned, the long term trend, the swing lows and swing higher. You then look at the patterns, the structure, the range etc. If you're an intra-day trader you use that information to then gauge where you're potentially going and how you're going to get there but most importantly, where are you going to get out if it goes wrong!!

Remember, the market will always give you an opportunity, either to get in, or get out! Don't let your ego write cheques your butt can't cash!