End of day update from us here at KOG:
The range continues! We've been playing this range now for nearly a trading week and although it's giving us the scalps, it's not making the move that we want at the moment. Day before yesterday, we said we would stick with the plan, and it's worked again, however, this time, if we approach that key level 3335, we're not going to suggest attempting that short again.
Having said the above, even though it's frustrating, we're going to stick with the plan at the moment. Most of our bearish targets are completing together with KOG's bias of the day, so lets see if we can break below that 3300 level and hold! As it stands, nothing to lose unless we get taken at BE again.
Circled are the key levels to look out for, bias still stands for now. NFP around the corner, it's going to make it even more of a whipsaw.
As always, trade safe.
KOG
The range continues! We've been playing this range now for nearly a trading week and although it's giving us the scalps, it's not making the move that we want at the moment. Day before yesterday, we said we would stick with the plan, and it's worked again, however, this time, if we approach that key level 3335, we're not going to suggest attempting that short again.
Having said the above, even though it's frustrating, we're going to stick with the plan at the moment. Most of our bearish targets are completing together with KOG's bias of the day, so lets see if we can break below that 3300 level and hold! As it stands, nothing to lose unless we get taken at BE again.
Circled are the key levels to look out for, bias still stands for now. NFP around the corner, it's going to make it even more of a whipsaw.
As always, trade safe.
KOG
Trade closed: stop reached
Worked well in the end, first target level reachedNote
Should say target reached, not stop
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🟡 Disclaimer: Not financial advice. For educational purposes only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 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.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.