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!

Last week in Camelot:

We just let these do the talking 💪

Live scalps - 7 taken - 7 Hit
Excalibur targets - 13 activated - 13 Hit
GOLD EA LiTE targets - 2 activated - 2 Hit

This was a good week even with Jackson Hole, we have a high average hit rate, this comes with consistency and years of developing strategies, algo's and indicators.

As per the KOG Report it was more a game of patience early session, letting price do what it needed to do and establish that short-term low. We couldn't short it, it was simply a matter of waiting for that long. The hot spot below was hit, we bounced, the bias broke and the first target level is complete.

We now have support at the 4435 level.

There aren't many Analysts or Traders on social media who openly manifest their Gold Analyses like us.  We publicly showcase how we trade, and how we analyse the charts level to level.  You will see from the Tradingview posts over the years, we’ve tracked Gold and traded it no matter where it went, we’ve caught the highs, we’ve caught the lows and in between we’ve captured thousands of pips on this precious metal trading it intraday.  Alongside that, we’ve introduced many other pairs, some with insane hit rates, as shown in the yearly stats illustration we’ve shared.

Our mission was to protect new traders from the sharks and scammers out there and show them that learning along the way is the only way to get ahead. 

We’ve specialised in Gold for many years, mastering its behaviour and the mechanics to go with it, enabling us to be one of the first communities to focus only on Gold and the precious metals, teaching students and educating them way back, not only when we started here on Telegram.  You can already see what we share for free on this channel on Gold alone. Its more accurate and detailed than many paid groups on TradingView and Telegram, imagine what we do in Camelot across all the other pairs we’ve now also introduced and apply the magic algo and indicators to. 

Its all well and good when traders have a good day/week/month and share a review.  However, to know that we have created successful traders that have gone on to stand on their own feet and trade for a living is one of the greatest accolades we can possibly have.  That’s what this community is doing and has done since it started.

PLEASE HIT THE BOOST BUTTON ON THE TRADINGVIEW POSTS GUYS, IT DOESN'T GO UN-NOTICED AND IT'S REALLY APPRECIATED ❤️ KOG

Nice start to the day

In yesterday's KOG Report I said we can expect an undercut low and that lower defence box would be a region of interest. The 4466 level was a key level of resistance and as you can see price failed to break above it, hence on activation of the indicator it gave a decent capture.

Price is a series of tests on levels, always remember, it will test, break, retest and move, or fail (reject) and break and test another level. These levels are important, they keep you the right side of the market, you should know if it breaks the opposite way, and you're against it, time to think about where your stop loss is.

Right now, we're playing in the range with support at the 4410 level level and resistance at the 4430ish level.

That's where we are at the moment on the long trade. To be honest, I can see price going a little longer so I'm not going to put this down as a swing, rather a decent scalp which is now protected and managed. I have that region above at the 4390-5 level which is a hurdle in my opinion.

TP1 30pips
TP2 50pips Majority taken protected or managed
TP3 100pips That's a good week
BONUS - Then the bonus if it comes it comes that's your gravy trade

We need to understand the moves we're getting here, don't look at the distance, look at the pips. This is more than enough