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

Todays redboxes (Free)

Yesterdays Redboxes done their job as usual. That bounce back up was from the hotspot we shared with you all into the hotspot above completing the move. Thanks for the 33 likes on the idea, really motivates us to share more with you all 🙏

Key levels for today, 2347 and above that 2360 resistance, while support stands are 2335 which will need to break to go lower. Long trades should be protected and managed, anyone looking to short, levels are to be tested for the scalps only at the moment. NFP week so they may want to range up here until Friday, caution on the markets.

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manage trade

Anyone long from the hotspot, quids in 💥

When price is ranging: Don't get used to it, they do this intentionally. They will play the range, get your confidence up until you start increasing your lots sizes, then they'll move and if you're in the wrong direction, they'll take back everything you make and more. When you have a decent day on the markets, don't try and force a trade, your next trade needs to be even more precise than the last one. A mistake traders make is think to themselves, yesterday I made $100, today I can afford to lose $50 and I'm still up. No, because if you lack the discipline to sit out and wait for an A STAR set up, you'll lack the discipline to stop losing when you get to $50.

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In Camelot, point to point, level to level

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Power of Excalibur Red boxes #redboxtraders 🔥

Hope you're making use of them!!

Due to the range we're marking caution on the daily bias today. To help you navigate the range and for those who scalp, these are our daily red boxes