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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THE NFP KOG Report will be published later today so look out for it. Best practice for new traders is to stay out of the markets, let them move it if they want to and then let the price settle before you think about taking a trade. Worst thing you can do on events like this is try and trade the volume driven candles, they're there to chop you up.
It was a short region as suggested. First level is broken and the market didn't like the numbers. Very risky markets so please be careful
Are we going long? NO! Not risking it on a Friday as well as NFP. If it goes up let it, trades come every day, the short was the one and that's it for us for the week.
KOG Reports have been published. Please hit like on the Reports for us 🙏