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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It's no secret 90-95% of traders are usually in the wrong way of the market, when it's going up they want to short, when it's going down they want to long. Try and adjust that little part of your trading to understand the flow and structure, and go with the price rather than waiting to go against it
There is one thing I need you guys to home in on though. A majority of us are intra-day traders so although we have a bias, it's a bias of the day. Yes, the market is bullish, but we have to look at it on the day and decide, "am I long today or am I short"? This one thing will change your trading game!
Personally, I don't really hold trades and like to start fresh every morning with a clear view of the market and what it's going to do on that day. Maybe it stretched, I don't want to long, I'm looking for a retracement, not to long, why, if it's going down why shouldn't I trade it down. So I look at the retracement levels, look at the indicators, the bias levels and the hot spots, wait for confirmation and take the trade. This way it doesn't matter if its bullish or bearish, goes to the moon or goes to the ground, we take what we can on the day and come back tomorrow
This is relevant to most traders. Decide on your special move, just like sports people, know when to execute that one thing you're good at. Don't exhaust yourself chasing every single candle, if you miss the move, wait, another opportunity will come. It doesn't matter if it's long or short, both are available on most days.
https://www.tradingview.com/chart/XAUUSD/X32FoWUf-THE-KOG-REPORT-Update/
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FREE TRAINING AND INTRO TO KOG
Please take some time to hit the boost button on our Tradingview ideas. No point sharing targets and red box levels if the support isn't there. KOG
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Knights of Gold (Gold/FOREX Analysis/Trade ideas
KOG
https://www.tradingview.com/chart/XAUUSD/srhZOXqE-THE-KOG-REPORT-Update/
Please support us and the free channel by hitting the like/boost 🚀 button 🙏 on our Tradingview ideas
Website: Join us here (open) 👇
www.knightsofgold.co.uk
CLICK BELOW 👇
FREE TRAINING AND INTRO TO KOG
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