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We're back in the morning. Wishing everyone a successful weeks trading ahead.
We're back in the morning. Wishing everyone a successful weeks trading ahead.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Expecting something like this today. Key resistance is 1730 and key support is 1720. If it goes lower first we need to be careful.
We would say it did something like that. We're keeping an eye on 1720, it's been a strong support on the 4H so a lot of people will be buying there.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We would say it did something like that. We're keeping an eye on 1720, it's been a strong support on the 4H so a lot of people will be buying there.
To be clearer. The market knows where all the retail buyers are coming in, in tight ranges like this expect them to shake up the price a bit before making the move. Make sure you're using stop losses and make sure you respect the stop loss
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
To be clearer. The market knows where all the retail buyers are coming in, in tight ranges like this expect them to shake up the price a bit before making the move. Make sure you're using stop losses and make sure you respect the stop loss
And there you go. The stop loss hunter
We're looking for 1708-10 to test a small Long trade
Tight stop loss. No chart to show at the moment
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Expecting something like this today. Key resistance is 1730 and key support is 1720. If it goes lower first we need to be careful.
So far today. We've taken this down to 1720. We waited for our 1710 target and longed the market. The long trade is running, if the market breaks and closes below the 1708 level that trade will hit its SL. We don't have an exact target for the long apart from IF we get to 1720 we'll take 50% and set the stop to breakeven
Members. A kind request, we're not here to hold your hand and tell you how to trade. We're showing you what we look at, how we trade and how we analyse the markets. We're here to educate and show you how the market works. Please don't ask us where to BUY/SELL or where to place the Stop Loss. You should have an understanding of trading markets if you follow. Always remember, you're responsible for your trading.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
So far today. We've taken this down to 1720. We waited for our 1710 target and longed the market. The long trade is running, if the market breaks and closes below the 1708 level that trade will hit its SL. We don't have an exact target for the long apart…
We're done for the day. If you entered with us, we want to try and let this trade run for as long as possible. As we said, at 1720 we'll most likely take 50% and move the stop to entry.
We're staying out now. Let's wait and see what it does this session
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
A very tight range for Gold last week. Looks like its trying to break back up into the upper range but struggling. Support remains at 1726-28 and resistance at 1740-45. We would expect some kind of pullback over Monday to potentially test the support level…
Monthly update:
Our levels and targets are being met, just not when we expected. Monthly is showing the next level after 1700 is around 1685-95, breaking that level we should expect more selling pressure down towards the 1650's level. We still have our target of 1647, however, we were expecting a shake up which we think will still happen over the coming days.
Our levels and targets are being met, just not when we expected. Monthly is showing the next level after 1700 is around 1685-95, breaking that level we should expect more selling pressure down towards the 1650's level. We still have our target of 1647, however, we were expecting a shake up which we think will still happen over the coming days.
Important message:
Dear members, we won't be around much over the rest of the week due to unforeseen circumstances. All our levels and analysis are on this group. Please trade safe. We're back in a couple of days.
Knights of Gold
Dear members, we won't be around much over the rest of the week due to unforeseen circumstances. All our levels and analysis are on this group. Please trade safe. We're back in a couple of days.
Knights of Gold
4H:
We're expecting the price to continue with the bullish momentum. The area of interest is the 1727-30 region, this is where we're expecting a reaction. We have a breakout around this area that we're potentially going to test, however, we've also left a retest down below that is open.
Support: 1710-08
Resistance: 1720/1727/1730
We're expecting the price to continue with the bullish momentum. The area of interest is the 1727-30 region, this is where we're expecting a reaction. We have a breakout around this area that we're potentially going to test, however, we've also left a retest down below that is open.
Support: 1710-08
Resistance: 1720/1727/1730
Dear Members, we're still away from the screens hence why information is limited. The channel will resume as normal from next week.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
4H: We're expecting the price to continue with the bullish momentum. The area of interest is the 1727-30 region, this is where we're expecting a reaction. We have a breakout around this area that we're potentially going to test, however, we've also left…
Support is around 1721-23 and new resistance level is 1735-37. Excalibur is indicating a price level of 1732 but its too late in the day to take it.
London is closed tomorrow so expect low volume but a lot of choppy price action before and during NFP.
London is closed tomorrow so expect low volume but a lot of choppy price action before and during NFP.
Dear Members. Tomorrow is NFP, it's a good idea to protect your trades if you're in any, if you're not, it's probably not a good idea to enter anything until after NFP tomorrow. We're expecting the market to be choppy even though there will be low volume. As always, trade safe. See you tomorrow.