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

READ THIS. SCREEN SHOT IT!

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.

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This goes for everyone. FOMC and CPi on the same day this week, it's going to be choppy and they will want to gather enough orders to move the markets again. This move isn't finished yet, it's only a short swing, so lets play the game safe while the market is out to get us!

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As per the report, first trade was a nice one into the resistance level. Second trade as a bonus up to our target level in Camelot, we're going to stop at 99.9pips (only because we can) BE and let's see if we can complete the move. Support stands at 2305, resistance 2318

Hello GOLD 🔥

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So far we're in long, 2300 tapped as first region of interest. We now need a forceful break above here to complete the move but for now, happy with the trade so far.

You lot size needs to stay within the boundaries of your account size, it's as simple as that. Small lots, good risk management and better captures. The 95% that fail are oblivious to risk management and trade management. It's nice to see what we teach and implement in Camelot, together with the targets make a huge difference to our traders.

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.

https://www.tradingview.com/chart/XAUUSD/w7RxCNBW-THE-KOG-REPORT/ 📊 Please do help support us and the free channel by hitting the like/boost 🚀 button 🙏