KnightsofGold

KnightsofGold Updated 

THE KOG REPORT: In last week’s KOG Report, we said traders must be aware of the conditions they’re trading, and markets are moving at extreme levels, we said would be looking for that sudden turn in Gold that may catch traders out. We gave the initial resistance level on the open of 2330-35 where we anticipated the first move down into support, this gave traders...

KnightsofGold

End of week update from us here at KOG: Wow, what a week on the markets again! In today's morning review we said today we would definitely not long the market, instead, even though we had a target level above! We had previously given the levels to look for RIPs, and unfortunately the first two we surpassed, which we did say, if broken we'll look higher. That...

KnightsofGold Updated 

End of day update from us here at KOG: Decent day on the markets with Gold hitting the bias level during the CPI move and giving traders a lovely TAP AND BOUNCE move upside into resistance. Star of the day today was EURUSD, a point to point, level to level move of over 100pips straight into our Excalibur target identified prior to CPI. So, what now? We're...

KnightsofGold

End of day update from us here at KOG: For now we have plotted the order regions on the chart and would say it's likely we're now going to see price range, while the MA's start drawing closer together pending a breakout. For that reason, we have shown the levels above as potential RIP points, if broken above we have a higher level at the top of the range sitting...

KnightsofGold Updated 

End of day update from us here at KOG: In the KOG report on Sunday we gave the extension levels of 2365 and 2372 as bullish targets which as we can see we're extending in to and completed one of them. Yesterday we said unless we broke below the bias level we were likely to take liquidity from higher again, so put caution on the short trades. Again, the...

KnightsofGold

Quick update on the charts pre-event. We'll keep it simple as for this, there is likely to be a lot of volume entering the markets on the release, and the movement can be extreme. A lot of traders are expecting this to pullback, and they may get the move, however, they could surprise everyone and continue this move to the upside before then bringing it down. We...

KnightsofGold

End of day update from us here at KOG: Following on from the KOG Report published yesterday, what a move on Gold, point to point, level to level, as we like it here at KOG. Early session straight into support giving the short, then the RIP which was expected straight into the order region, and to top it off, the RIP from the order region for the short. Pip...

KnightsofGold Updated 

THE KOG REPORT: In last week’s KOG Report, what can we said during the early part of the week we wouldn’t be looking to long the market, instead, we would look for a high to form and then short the market back down in to 2230 and below that 2220. We got the short into the initial levels which is where we suggested during the week that traders take the trades and...

KnightsofGold

End of day and week update from us here at KOG: What a blinding week on the markets, especially Gold giving traders opportunities from key levels to capture huge moves! We've managed to stay with it where ever it goes, with todays plan giving the potential move into the levels we suggested on the NFP report. Right now we can see the target level is complete and...

KnightsofGold Updated 

The KOG REPORT – NFP This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...

KnightsofGold

End of day update from us here at KOG: We've managed to capture a decent short trade with partials taken and the trade protected, but now we're experiencing the pre-event range up in this price range. For that reason, we will stick with the plan for now as long as the 2295-7 level holds down price, looking for a gradual move lower in to the support regions. ...

KnightsofGold Updated 

End of day update from us here at KOG: Another extreme day of bullishness on Gold with price supporting that 2265 level giving a push up side. Earlier in the day, we were waiting for a slight turn which gave us the short trade into support for a decent capture. The long was identified and level plotted but given to traders as more of an educational post,...

KnightsofGold

End of day update from us here at KOG: Even though we're seeing this whipsawing, we're still within this potential higher range which has been created. Earlier today we anticipated the move upside so took the long trade giving a decent capture, but to be honest longs are now making us a little uncomfortable. There is a lot below the price that needs cleaning up...

KnightsofGold

End of day update from us here at KOG: Removed the lower path to clean up the chart a little. As expected, one of those resistance levels was going to give a reaction in price and as anticipated, due to the price being at all time highs, we had to give a take pips either side. In either case, resistance held for the short into the support region 2230 as...

KnightsofGold

THE KOG REPORT: In last week’s KOG Report, we said we would be sticking with the plan and gave the extreme level of 2193-5 which is where we expected there to be a RIP, and if held we would be looking to short the market back down into the 2150-55 levels and below that 2147. It was at these levels that we said we would be expecting another RIP with extension...

KnightsofGold

End of day update from us here at KOG: Yesterday we suggested looking for the high to hold in the Asian session for a move downside into support before the move again to target the highs. We gave the levels 2104. 2110 and the extension of the move into the 2224 price region. All these targets are now completed as well as our Excalibur targets. Hope you all...

KnightsofGold Updated 

End of day update from us here at KOG: In this mornings review we suggested price will want to test the highs again as long as the 2170-75 level holds up, giving the targets levels 2000 and above that 2004. As you can see the move has started but is looking a little exhausted approaching the end of the month. For that reason, we will continue with the move...

KnightsofGold Updated 

End of day update from us here at KOG: Another clean day on Gold with the support level holding giving us the long trade into the illustrated levels above where we then said we would wait and assess price. We had a bearish below 2195 bias and a target level of 2165, the bias level was slightly surpassed but we managed to get a tap and bounce for a lovely short...