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 levels are pre-defined, that's why they work so well. How do we know where the price will go before the price gets there? How do we make a plan for the whole week when we don't even know what the price will do, what news, what geopolitical issues there will be? Simple, it's historic, it's technical and it does the same thing over and over again. There is nothing new here or anywhere, it's the same old chicken feed we've been trading for years and hopefully for years to come.
All done for end of dayπŸ’₯
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Your ideal trade for today was the early session long into the levels we had suggested in last nights end of day. CPI is going to drive the markets so expect a choppy session with a few whipsaws thrown in.