Knights of Gold (Gold/FOREX Analysis/Trade ideas)

We officially open again tomorrow

This is level to level trading

And..

Over 400pips so far 💥

Round two entries on the retrace

GBPJPY - That's where some members got in

red box strategy working well for those who went long from support. Up and down, we're in it to win it 💥

Easy day today for those who then shorted again from the top

💥

Yesterdays Gold trade

Scalping day today in Camelot, a few pairs hitting targets

You're all welcome to invite others to join the group, benefit from what is shared and trade together with us. Invite link: https://t.me/KnightsofGold Find us on: Website: JOIN US HERE www.knightsofgold.co.uk There is an option to contact us on the the website if you have any queries Instagram: https://www.instagram.com/knights_of_gold/ Twitter: https://twitter.com/KnightsOfGold2 We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.

KOG Members, there aren't many Analysts or Traders on social media who openly manifest their Gold Analyses like us. We publicly showcase how we trade, and how we analyse the charts level to level. All the Gold analyses is free. Many members who have been here from the beginning, will have seen how effective the analysis is in positioning them in the right direction, without getting caught on Gold. Please do us a favour, share the group with likeminded traders and support us on social media. We want to help as many new traders as we can. KOG

Reminder: If you’re trading an account size: Less than £500: LOT SIZE – 0.01 with a MAX LOT SIZE OF 0.03 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.01 lot size will give you flexibility when the market goes against you. £500 – 1000: LOT SIZE – 0.02-0.03 with a MAX LOT SIZE OF 0.06 AT ANY GIVEN TIME – You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.02-0.03 lot size will give you flexibility when the market goes against you. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.03, when you reach 10-15pips take 0.02 in profit and set the stop to entry, let 0.01 run to the target with the trade protected. £1000 – 1500 LOT SIZE 0.05-0.07 with a MAX LOTS SIZE OF 0.10 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.05, when you reach 10-15pips take 0.03 in profit and set the stop to entry, let 0.02 run to the target with the trade protected. £2000+ LOT SIZE 0.05 – 0.15 with a MAX LOT SIZE OF 0.17 AT ANY GIVEN TIME - . Split your entries and take partial profits along the way until your target is reached. E.g Enter 0.07, when you reach 10-15pips take 0.05 in profit and set the stop to entry, let 0.02 run to the target with the trade protected. Too many traders get stopped out and blow accounts because their lot sizes are too big. A small reversal on the pair and panic sets in because a high percentage of the account is in drawdown. They take the loss and the market ends up going their way in the end. This is not the way to trade! You will make money but ultimately you will face huge losses on your account. The market is designed to play with your emotions and your greed, you need to use this to your advantage. The only way to protect yourself is money and risk management, it’s a fundamental tool and skill required to trade.