THE KOG REPORT - Update
Updated
End of day update from us here at KOG:
We got the move we wanted into the lower support level which held, gave us the tap and bounce and a phenomenal trade upside into the target level we wanted. Red boxes also worked well on the indi giving us opportunities to scalp while we hit and smashed 13 targets across the markets just today. What a day!
Now we've put caution on going short in Camelot as the range has gone on long enough and with NFP around the corner we're going to reduce our exposure to the markets. We have support now at 2640-35 which is a possible pull back level and if defended a further push upside could take us up into that 2665-70 level that was sticking out to us on Sunday's KOG Report.
Please note, the range is extremely choppy and you can see it's accumulating through whipsawing traders. Please make sure your levels are accurate and instil some patience in your trading. If you're not sure of market movement, stay out of it. The only way we've been able to trade this is level to level, no long trades to be had here unless your stops are huge.
As always, trade safe.
KOG
We got the move we wanted into the lower support level which held, gave us the tap and bounce and a phenomenal trade upside into the target level we wanted. Red boxes also worked well on the indi giving us opportunities to scalp while we hit and smashed 13 targets across the markets just today. What a day!
Now we've put caution on going short in Camelot as the range has gone on long enough and with NFP around the corner we're going to reduce our exposure to the markets. We have support now at 2640-35 which is a possible pull back level and if defended a further push upside could take us up into that 2665-70 level that was sticking out to us on Sunday's KOG Report.
Please note, the range is extremely choppy and you can see it's accumulating through whipsawing traders. Please make sure your levels are accurate and instil some patience in your trading. If you're not sure of market movement, stay out of it. The only way we've been able to trade this is level to level, no long trades to be had here unless your stops are huge.
As always, trade safe.
KOG
Trade closed: target reached
This move worked well and is now completed
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
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