Please reference the FOMC Report as well which was posted on Weds.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
NFP: We've proved many times that the trade comes after the event so we don't need to mention it further. These are the intra-day levels and Excalibur hotspots for your charts. Target is active, wait for the move to finish, let price settle and then attempt…
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
NFP: We've proved many times that the trade comes after the event so we don't need to mention it further. These are the intra-day levels and Excalibur hotspots for your charts. Target is active, wait for the move to finish, let price settle and then attempt…
💥
You don't need to trade it, it's still good to analyse the move, plot the target and then wait. Seeing your work play out is a win also.
The market is designed to confuse retail traders, the reason for that is they know 95% of you enter these markets with no plan. You’re not aware of the levels, you’re not charting the pairs you trade, and you lack the basic skills to manage your money and your risk. You need to have a plan before you enter a trade, you need to have a strict set of rules, and everything should line up as much as possible before you take the entry. By the time new traders understand they need a plan, they’ve blown their accounts and blame the markets. KOG
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