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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The point is a chart is a chart. Levels are levels, it all depends on your style of trading. Every move does however start from the longer term charts, that's why we mostly analyse the markets top down, start on the monthly at a minimum, then work your way down. This shows you where markets have turned, the long term trend, the swing lows and swing higher. You then look at the patterns, the structure, the range etc. If you're an intra-day trader you use that information to then gauge where you're potentially going and how you're going to get there but most importantly, where are you going to get out if it goes wrong!!
Remember, the market will always give you an opportunity, either to get in, or get out! Don't let your ego write cheques your butt can't cash!
https://www.tradingview.com/chart/XAUUSD/UERYI9yA-THE-KOG-REPORT-JACKSON-HOLE-P-t-3-Con-t/
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Knights of Gold (Gold/FOREX Analysis/Trade ideas
Please support us and the free channel by hitting the like/boost 🚀 button 🙏 on our Tradingview ideas
On the KOG Report chart it was a bit short from the hot spot and RB, on one of the indicators we got it bang on
THE KOG Report - Going to mark this off as completed due to it being JH and Friday and the end of the month
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Shitshow of price action, a lot of chopping and whipsawing but that's the first level we wanted.
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