KnightsofGold

KnightsofGold

End of day update from us here at KOG: Nice start to the week with price attempting that higher red box and failing to breach it. We then activated an Excalibur signal short, identified the structure and got a lovely move into the 3552 level from 3371 activation. Traders then had the opportunity to capture the tap and bounce from the 50MA on the hourly, again...

KnightsofGold Updated 

THE KOG REPORT: In last week’s KOG Report we said we would be looking for the price to spike down into potentially the extension level 3310 and then give us the tap and bounce we wanted to be able to capture the long trade in to the 3345-50 region initially. It was those higher resistance levels that we said we would stick with and the bias was bearish below. ...

KnightsofGold

End of day update from us here at KOG: I can't say that was a bad day or week. We got the move from 3310 into our Excalibur target level 3332 and then started looking for a potential reversal. Gold, again, had other plans and just continued to activate Excalibur after Excalibur higher combined with the red box break and close, so all we could do as mentioned in...

KnightsofGold Updated 

End of day update from us here at KOG: An interesting day on gold and to be honest, the plan worked but the whipsawing only allowed us to scalp. Although we had a few decent scalps, we wanted it to go higher, then form a swing at 3320, which it broke above. This region now is one big accumulation, this is not as simple as enter and set TP, unless you're...

KnightsofGold Updated 

DAX: Let’s have a quick look at DAX and apply the red boxes to the 4H Chart. We have our bullish above indication which if supported, should give us a move into the 23,400 region initially. That’s the level that will need to break to go higher with our ideal target level being above at the 24,6-700 region before a potential RIP. Please do support us by hitting...

KnightsofGold

End of day update from us here at KOG: We wanted that lower level 3285 to hold which it did and give the move upside following the red box target levels which have worked well for today. As you can see, we're at red box here so there is a chance we may see a retracement in to the level shown below. It's that 3306-4 level that is the flip now and will need to...

KnightsofGold Updated 

End of day update from us here at KOG: Today was another choppy day on gold with price accumulating in a small range before the break out. We had the bullish above and bearish below level so no choice but to wait for the break. Ultimately, 3320 broke on the 15min indi and then we managed to complete all of our bearish targets for the day. Well worth the...

KnightsofGold Updated 

End of day update from us here at KOG: We like it when the indicators and algo's work but when it doesn't quite go to the KOG Report plan it is a bit disappointing. It just goes to show the market has it's plan and all we're doing is adapting and looking to take a few crumbs from it. Following on from yesterday, we had a red box break and our bias level broke...

KnightsofGold

US30 Looking at this we have a clean reversal in play suggesting we’re going to get lower order regions before a potential RIP. The red boxes have been added and may give us opportunities to capture the tap and bounces on the smaller TFs. If we can support lower, we could very well see this push up into the ideal target level we have illustrated. Please do...

KnightsofGold

THE KOG REPORT: In last week’s KOG Report we said we would ideally be looking for price to attempt lower and reject at the red box giving us the opportunity to long back up into the key levels following the red box and Excalibur targets. We did open with a huge spike down, into the 2nd region we wanted and managed to the move we giving us a great start to the...

KnightsofGold Updated 

End of day update from us here at KOG: We managed to get the move into the red box we wanted which should have been a enough for the day. However, the levels were so clean during NY that we managed to get another decent trade into the Excalibur target to complete the day. With NFP tomorrow and a US holiday on Friday, we're going to share our levels and view...

KnightsofGold Updated 

End of day update from us here at KOG: We said we would stick with the plan and look for the higher levels on Gold, which we did and worked well. Once we approached the red box however, you'll notice we broke straight through it. The indicators then gave us numerous long signals which meant we either got in with the madness of the move, or, simple waited for...

KnightsofGold

End of day update from us here at KOG: Not a bad start to the week with the path working well, we got the swoop we wanted and the opportunity for the long presented itself. We've completed quite a few of the bias targets as well as the red box targets, so now, with it being the last trading day of the month and quarter and tomorrow being the first, we'll take a...

KnightsofGold Updated 

THE KOG REPORT: In last week’s KOG Report we said we would be looking for price to attempt that higher level and potentially break for higher pricing. If it didn’t the path showed the level for an opportunity to short which fell just short but worked well into the level we initially wanted. We then published the red box targets and the bias through the week...

KnightsofGold

End of day update from us here at KOG: Again, just like yesterday, we completed the long trade into the red box, RIPPED then played red box hockey before swooping the low and coming back up. What madness on the markets with continuous whipsawing which is not allowing traders to hold positions without huge stop losses. For now, we have support at the 3325-8...

KnightsofGold Updated 

End of day update from us here at KOG: A ranging day and honestly, very frustrating for traders due to the up and down which hasn't allowed us to really hold without ridiculous stop losses. We hit the target yesterday, we're still not retesting that low so those entries are still active, but we really need to see this break above the 3335 level to go...

KnightsofGold

Quick look at the Dollar index. We've applied the red boxes to it and and we'll wait for the defence to break. If we can break this upside, our target level to the dollar is way up. As always, trade safe. KOG

KnightsofGold Updated 

End of day update from us here at KOG: Well, we actually did want higher but there was no break above, instead, we got the break below and then the move commenced overnight, most of which we missed. We did capture part of it on the tap and bounce, then another trade now on a RIP from lower Excalibur which was hit. Not bad, not amazing, just another day on the...