There was a reason we shared the trade and the TP levels for the longs with you all today. In yesterdays KOG Report, was said we need to play caution on the play as this could correct the whole move back into the order region 2350-55. Our short early session hit the target, the bounce came and our long targets were also completed.
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Find us on:
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contactknightsofgold@gmail.com
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/WKoGMBD3-THE-KOG-REPORT-Update/
Too late to modify it, it should be like that
Todays level are important to establish the next move. We're currently sitting above the order region with resistance 2370 which is also the bias level for now. We have an inside bar formed awaiting another breakout, with Powell speaking later we can expect some choppy price action in anticipation of the speech. Support 2355, resistance 2370 potential range
Target level posted yesterday has been hit and is now complete.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Photo
Just tapped into 2355, small bounce so far awaiting NYSE and the Powell speech. Resistance still standing at 2370-5 unless broken upside
Bias level tapped, rejected, level to level
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
KOG, how does the daily bias work? We share the daily bias based on the structure of the market and the analysis for the that day only. It's based on Excalibur and it's indications of market movement.
But you're long and the bias is short! Yes, bias can work both ways, it can give you levels to target for the opposite trade, for example, bearish below level is 2020, that means our algo's are telling us that price region is possible. So rather than wait for the level to short it, we'll apply the analysis to trade it towards the level and then look for the reverse trade.
But you're long and the bias is short! Yes, bias can work both ways, it can give you levels to target for the opposite trade, for example, bearish below level is 2020, that means our algo's are telling us that price region is possible. So rather than wait for the level to short it, we'll apply the analysis to trade it towards the level and then look for the reverse trade.
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
You only need to look above through the history of the daily bias to see how effective and accurate it is. We share it in here to help our followers, the difference is, in Camelot we have pin point levels and of course the take profit levels to enable us to get out, or in at the right times.