Knights of Gold (Gold/FOREX Analysis/Trade ideas)
8.94K subscribers
7.27K photos
115 videos
9 files
2.43K links
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.
Download Telegram
Here's an example when trading ranges!
TIP:

Plot the range, high and low, wait for structure to form and then play the range in the early part. Once the price has moved up and down enough leave it alone, they then want the dummies to get in and they'll move the price. You don't need to trade anything and everything everyday, know when to take a good set up and when to sit out and wait
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.
Please do help support us and the free channel by hitting the like/boost 🚀 button 🙏
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Photo
Level to level shorts please. It's only giving 30-40pips from the bias level and hovering around, PA is messy and they're starting to accumulate on the smaller TF's. Trading safe, keep it simple.
Please do help support us and the free channel by hitting the like/boost 🚀 button 🙏
Not quite pip to pip but the levels are working well. We're at key level resistance here within the order region, you can see that's why price is halting so expect some spikes in the coming session. Range for today 2018-2045
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
💥
If anyone took FTSE - Think we protect here, take partials if you want to