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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Much of trading is about mindset and psychology, then discipline, money management and patience etc. That's 70-80% of your game. When focus shifts to just targets, mindset is adjusted, almost like tunnel vision, you're seeing one thing ahead and ignoring your peripheral vision. Nothing wrong with asking how to trade towards a target, but asking how to trade the target is what the question most are after. That can only be answered by you! How much chart time are you putting in, are you identifying the key levels, the trends, the ranges. Where is the target? At resistance, support, top or bottom of the trend? Most of you will find the answer you're looking for on this server.
We always say we can teach you, we can show you and we can only guide you. I don't want to do anymore than that. Why? Because I don't want to hold your hand and I don't want you here forever! I want you to learn, I want you educate yourself and I want you to become successful in your trading so you don't need to rely on anyone. Everyone here is a trader whether you believe it or not, you're education, your dedication and your ability to learn is what differentiates some from others. We know this works, we know this group has created successful traders, and we know everyone here has the ability to do it. Please, pay attention, read everything, copy the charts, have patience and instil discipline in your trading. This is what will set you apart from the rest
This profession is hard. One day something will happen and you'll sit there wishing you put the education in. We can throw courses at you but it won't work, that's why we don't charge for our courses, because we can't change human nature, and that's what drives the markets. NO ONE in the history of this industry has managed to do that, why? Because even though we're all human, we're all different.
When price is ranging:

Don't get used to it, they do this intentionally. They will play the range, get your confidence up until you start increasing your lots sizes, then they'll move and if you're in the wrong direction, they'll take back everything you make and more. When you have a decent day on the markets, don't try and force a trade, your next trade needs to be even more precise than the last one. A mistake traders make is think to themselves, yesterday I made $100, today I can afford to lose $50 and I'm still up. No, because if you lack the discipline to sit out and wait for an A STAR set up, you'll lack the discipline to stop losing when you get to $50.
Brief Fundamental Report: