Knights of Gold (Gold/FOREX Analysis/Trade ideas)
This is what we're looking for today. We want this to come down to the levels shown and give support. We want to take a small long trade here with a target of around 1740. We have 2 areas of interest, the 1726-28 level and lower down the 1722-20 level.…
We're going to mark that as complete. Its come too close to the target for it to be a safe trade. Well done if you got in lower down. We'll wait for later for another trade idea.
Hourly immediate levels...
Support:
1735
1730
Resistance:
1745
1755
Support:
1735
1730
Resistance:
1745
1755
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Please also have a look at our previous weekly analysis attached to the bottom. We will look at the smaller timeframes for indications on movement on the first trading of the week. This is an overview of our weekly outlook and the levels we will be looking…
Update
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
This is a messy scenario, typical of Gold . There’s and pattern retest where we left the double bottom which we should expect during the coming week or so. The triangle support was broken on the way down, now broken on the way up so 1726 is very important.…
4H
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
This is what we're looking for today. We want this to come down to the levels shown and give support. We want to take a small long trade here with a target of around 1740. We have 2 areas of interest, the 1726-28 level and lower down the 1722-20 level.…
Members, use these levels for the coming Asian session until we return tomorrow.
We have two important levels, 1720 and 1758. We'll decide tomorrow which one to target first.
We have two important levels, 1720 and 1758. We'll decide tomorrow which one to target first.
We're looking for a long again today, we want to target the 1750-55 level. Its too early to get in here, we want to test the support levels again hopefully later today and take the entry. The stop is larger than usual to give the trade some flexibility.
We're looking lower for the first entry at 1735-32 regions and potentially below that at 1726.
We're looking lower for the first entry at 1735-32 regions and potentially below that at 1726.
Make sure you manage risk if you're following. Use a Stop loss and small lot
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We're looking for a long again today, we want to target the 1750-55 level. Its too early to get in here, we want to test the support levels again hopefully later today and take the entry. The stop is larger than usual to give the trade some flexibility. We're…
We've entered a small lot here. The next one will be around 1727
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We've entered a small lot here. The next one will be around 1727
We're sharing what we're doing. We're managing risk knowing that this can go lower. If you're following make sure you pick your level carefully, manage risk, use small lots, use stop loss. Can't emphasise this enough
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
EURGPB Caution with this one. Looks good to go up. We don't really trade it but the setup looks good.
Halfway. Take some profit off the table on this one and manage the entry
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We've entered a small lot here. The next one will be around 1727
We're closing this trade 10pips profit
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We're looking for a long again today, we want to target the 1750-55 level. Its too early to get in here, we want to test the support levels again hopefully later today and take the entry. The stop is larger than usual to give the trade some flexibility. We're…
If you continued with that trade, this is the place to take some profits off the table.