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.
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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.
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Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
To add: A simple post is now turning into a essay! With the bias level, pick a decent trade!! We're not just giving support and resistance levels for content, these are key levels for price to attempt, we could give a BOOM every time they're hit but that would be silly. Use the levels, plot them on your charts, that's the start of level to level trading. If you get a decent trade into a level using the bias, be done with the market. No need to flip on the reverse trade unless there is a clean set up. Vice versa, if you're waiting for the bias level, make sure the set up is clean, use the intermediate levels which are given, and then get in. Implement it into your trading, see how it works.
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Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
You have a few options with this broker:
1) Standard account, as above, tried and tested
2) Swap free account - You must contact them after sign up and request a swap free form. T&C's apply to this
3) 100% deposit bonus offer until 24th December. Please see below, important details. If you go for this, you need to set up the account and then email us at contactknightsofgold@gmail.com before you trade the account. We will notify the broker to activate the bonus. This is really important!
1) Standard account, as above, tried and tested
2) Swap free account - You must contact them after sign up and request a swap free form. T&C's apply to this
3) 100% deposit bonus offer until 24th December. Please see below, important details. If you go for this, you need to set up the account and then email us at contactknightsofgold@gmail.com before you trade the account. We will notify the broker to activate the bonus. This is really important!
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
4H Red boxes for the week ahead
RED BOX update:
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CPi was quite disappointing, we were expecting this to move faster. We shared the idea yesterday for the move up, down and up, to be honest that should have been enough. This was clean however, so why not.
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If gold can do it's thing now we can call it a day.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Key level here
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Done for the day, see you tomorrow.
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