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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FULL HOUSE THIS WEEK - Every target HIT 💥
Website: Join us here (open) 👇
https://tradewithkog.com/
www.knightsofgold.co.uk
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FREE TRAINING AND INTRO TO KOG
Septembers trades on KOG's bias in Camelot following our TP1 - TP2 - TP3 and Extension of the move targets.
🤬 = FAIL (4)
💥 = Target Hit (too many to count)
Camelot Friday, I use the day to educate, mentor, guide and focus on improving not just the traders but myself! You can never stop learning in this game, it's all about improving on what you have and getting better. This group will be quiet so I'll take this opportunity to wish you all a great weekend ahead.
Please take some time to go through the Tradingview posts and hit the boost button and leave a comment. It would be great to hear from you. KOG
https://www.tradingview.com/u/KnightsofGold/
Trading clear trends will make you money, while trading choppy sideways consolidation (accumulation zones) will bleed your account dry. This post outlines the distinct difference between high-probability trend structures and the dangerous trap highlighted in the red box on your chart.
The boxed area on the right side of the chart represents institutional accumulation.
Here is why it destroys retail traders:
No Continuity: Price spikes up, immediately reverses down, and fails to establish higher highs or lower lows.
Liquidity Hunting: The long vertical wicks sticking out of the top and bottom of the red box are designed to hunt stop-losses.
Chop & Bleed: It feels like turmoil because indicators fail, support and resistance levels get broken constantly, and choppy action quickly drains your capital through overtrading.
Most retail gold traders lose money not because their strategy is bad, but because their timing is wrong. Look at the left side of this chart:
Expansion. Clear, directional movements. Distinct peaks. Clean liquidity sweeps marked by the BOOMS. This is the right setup. This is where you make your money by riding institutional momentum. Now look at the right side inside the red box:
The Accumulation Trap.
Choppy, overlapping candles trapped in a tight range. High-wick volatility designed to trigger your stop-loss on both sides before reversing. Institutions use these tight, frustrating zones to accumulate their large positions. If you trade inside it, you are just providing them with liquidity. It is total turmoil. Read the KOG Report, it's more about frustrating market conditions than winning trades. Know when to trade, and when to sit it out. KOG
Please support us and the free channel by hitting the like/boost 🚀 button 🙏 on our Tradingview ideas
Quiet day today, stayed in the same range so far so we'll call it a day here. DAX, USDCAD, DOW all moved well for us but Gold not really worth watching any longer today.
Kind request. We do this for the love of the markets and trading, money is secondary. There is a beauty in the charts which can't be described and it's a profession that can't be replicated.
We want each and every one of you to learn this so you don't need to rely on anyone. It's also a lot of hard work! Trading becomes easy over time but running a group like this for FREE and making sure the analysis is always up to date across so many different pairs, tracking the algo, drawing charts, answering questions is quite time consuming and demanding. What we're charging in Camelot for the content and the standard of analysis is peanuts compared to what others are charging and we're miles ahead. We manage to produce numerous trades across most pairs on a daily basis and then help manage them as well. We could simply shout target hit on every level we identify but we keep it real and show you not only the targets, but how to achieve them. It's not as easy as it looks!
We’ve specialised in Gold for many years, mastering its behaviour and the mechanics to go with it, enabling us to be one of the first communities to focus only on Gold and the precious metals, teaching students and educating them way back, not only when we started here on Telegram. You can already see what we share for free on this channel on Gold alone. Its more accurate and detailed than many paid groups on TradingView and Telegram, imagine what we do in Camelot across all the other pairs we’ve now also introduced and apply the magic algo to.
Not asking for anything apart from, please do try and hit like/boost and leave a comment on the TradingView posts we share.❤️❤️
Ok guys, that's us done for the day. 3 trades, 1 short, then a long where we took around 60pips and a majority off the trade, hit the first TP but then closed at BE. 1 more from this low, Excalibur has just completed.
Support now is at 4080 which needs to break, while resistance is at 4104. Here's the Knights indicator screen shot, algo level S2 bounced and there is a void above in red
TP1 hit and the move commences. What ever was left is taken at BE. Would have wanted a little higher there to for this move
