Having a Camelot day today so a quick update. That level we wanted for the low was tapped and bounced giving a nice long. These long trades should be protected and managed. Nothing more we can do apart from enjoy the rest of the day in blues
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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10 out of 11 just on Gold! π
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Red box update
Free Red Boxes performance this week. Nice long term level to level trades there.
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RED BOXES:
Weβve been using these now for a few years and they have proven to work extremely well when combined with our other strategy as well as a standalone strategy in itself, once you have experience. You need to have a plan and you will need to have basic knowledge of price action, you can add MAβs, indicators of your choice, and use these with your own strategy to limit your drawdown and identify when you may be in the wrong side of the market.
You will notice the boxes, just like usual support and resistance will give RIPs. Keep an eye on KOGβs bias of the day together with the targets as well as the analysis we share on the KOG Report updates. This will help you to make a plan for the day, then add the red boxes to your charts and hopefully youβll notice a difference in your trading.
Weβve been using these now for a few years and they have proven to work extremely well when combined with our other strategy as well as a standalone strategy in itself, once you have experience. You need to have a plan and you will need to have basic knowledge of price action, you can add MAβs, indicators of your choice, and use these with your own strategy to limit your drawdown and identify when you may be in the wrong side of the market.
You will notice the boxes, just like usual support and resistance will give RIPs. Keep an eye on KOGβs bias of the day together with the targets as well as the analysis we share on the KOG Report updates. This will help you to make a plan for the day, then add the red boxes to your charts and hopefully youβll notice a difference in your trading.
β€8π2
Red Box indicators:
Many of us sit and wait for the perfect entry, I can tell you, unless you're scalping, this hardly ever happens. The key to get an entry is identifying your target region first! Once you have identified that target region, then start looking not for a precise entry, but a region or a zone you want to be testing your entry in. The skill is not getting in too early, and if you get in too late, you're usually going to be the wrong side of the market. So, use the bias and the red boxes, bullish/bearish above/below. Most new traders struggle with basic support and resistance or identifying zones; hence theyβll usually enter the market at the wrong time and place. This is where red boxes are really helpful, you can use them to identify key regions if youβre scalping or use the higher or lower ones for day trading and managing trades in-between.
KOGβs Red boxes are part of our strategy and are added to our targets to further fine tune our entries and exits. We also use them combined with our hotspots and Excalibur/LiTE targets to keep us in the right direction of the markets, allowing us to trade between the levels, scalp in ranges or in low volume periods as well as identify possible turning points on the pair weβre trading.
Many of us sit and wait for the perfect entry, I can tell you, unless you're scalping, this hardly ever happens. The key to get an entry is identifying your target region first! Once you have identified that target region, then start looking not for a precise entry, but a region or a zone you want to be testing your entry in. The skill is not getting in too early, and if you get in too late, you're usually going to be the wrong side of the market. So, use the bias and the red boxes, bullish/bearish above/below. Most new traders struggle with basic support and resistance or identifying zones; hence theyβll usually enter the market at the wrong time and place. This is where red boxes are really helpful, you can use them to identify key regions if youβre scalping or use the higher or lower ones for day trading and managing trades in-between.
KOGβs Red boxes are part of our strategy and are added to our targets to further fine tune our entries and exits. We also use them combined with our hotspots and Excalibur/LiTE targets to keep us in the right direction of the markets, allowing us to trade between the levels, scalp in ranges or in low volume periods as well as identify possible turning points on the pair weβre trading.
β€9π3
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https://t.me/KnightsofGold
Find us on:
Website: Join us here (open) π
www.knightsofgold.co.uk
There is an option to contact us on the the website if you have any queries
Email:
contactknightsofgold@gmail.com
https://www.instagram.com/knights_of_gold/
https://twitter.com/KnightsOfGold2
https://hmarkets.com/live-account-pre-registration/?refid=11771&cmp=8d3x4m1u&ent=hm
We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
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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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https://www.tradingview.com/chart/XAUUSD/5wUj0DoS-THE-KOG-REPORT/
THE KOG REPORT has been published on the Tradingview.
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THE KOG REPORT has been published on the Tradingview.
Please support us and the free channel by hitting the like/boost π button
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THE KOG REPORT for FX:XAUUSD by KnightsofGold β TradingView
THE KOG REPORT
In last weekβs KOG Report we wanted higher pricing to short again into the lower targets 2665, 2650 and 2620. Unfortunately, we didnβt get the higher level we wanted, so instead, followed Excalibur and the red boxes not only completing theβ¦
In last weekβs KOG Report we wanted higher pricing to short again into the lower targets 2665, 2650 and 2620. Unfortunately, we didnβt get the higher level we wanted, so instead, followed Excalibur and the red boxes not only completing theβ¦
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Decent move early session hitting our first target level giving us a good start to the week. Now support stands at the flip 2575 which needs to break to go higher
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/XYzqtZS7-THE-KOG-REPORT-Election-update/
Our Hot spot worked well for the swing
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