THE KOG REPORT 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 wait for a RIP. We gave the bias level targets as bullish above 2220 and long trades to be take into 2250 and above that 2286 on the bounces, which as you can completed. Then came NFP and the long trade from the support level, again giving us a great capture enabling us to have traded this down and then up again level to level almost pip to pip entry and exit.
Please be aware, these levels are not small captures, you only need to look at the chart posted to see the distance that has been covered in this play.
Great week for us in Camelot, not only on Gold, but on the numerous other pairs we trade. Hit rate was amazing, pip capture through the roof!
So, what can we expect in the week ahead?
Quick and simple KOG Report this week. Caution again on going long too high up as any movement like we’ve seen in the opposite direction will not give you time to manage your trades. Keep your lot sizes in check and make sure you're risk model is up to scratch. This is no normal market, we're in unprecedented times and markets reacting in extremes!
For this week, we’re looking at a potential stretch on gold so please be careful! These levels are to be tested, but one more little move to the upside to get the ideal entry would be perfect for us. So, we have the initial resistance right here on the close 2230-35, if held there is an opportunity to short the market back down into support regions 2310-05 which is where we want to see what happens and look for a potential RIP. A break here is what is needed for the price to continue downside, otherwise one more swing higher into the order region 2345-50 could be available which is where the ideal short may come from! Longs higher up are risky as the turn can be sudden and will leave traders left hanging a region where data is lacking, so caution please unless you’re scalping for quick captures from the intra-day levels we posts as well as the red boxes.
Use the levels on the chart and use the intra-day levels, don't marry the trade, don't marry the position. When you trade like this, it doesn't matter where the market goes, you trade it, take what it gives and come back again when your set up is right.
It’s really as simple as that this week, price goes up into our levels, we want to test the shorts, comes down we’ll either test the longs, or wait for the potential stretch and then short it from higher up.
KOGs bias for the week:
Bearish below 2350 with targets below 2310 and below that 2280
Bullish again on break of 2350 with targets above 2365 and above that 2372
Range in play – Support 2255 / Resistance 2372
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Tradingplans
GOOGL to Low $100s?Overview
Google ( NASDAQ:GOOGL ) is in the dangerous territory of a double top formation. I've discovered this same macro-pattern with a few other assets as well. In combination with a rise in long-term Treasury Yield Curve rates since December 2023, I think a rush of selling pressure could be around the corner.
Technical Analysis
Utilizing Fibonacci retracement levels along with historical supports & resistances, the $126-136 range appears to be a key level in the share price. The double top formation is a bearish reversal pattern that resembles the letter "M" and, when valid, the second peak is greeted with significant selling pressure. According to technical indicators GOOGL is beginning to reveal the symptoms of a bearish reversal.
The share price has risen on dwindling volume, Money Flow Index (MFI) is approaching overbought territory, and the On-Balance Volume (OBV) is still under a ceiling created in March 2022. A rising wedge is also visible on the hourly charts with a micro Head & Shoulders in development. Should a high volume breakdown occur then I believe a price target range between $109-126 is probable, however, I am expecting adequate support around $126 as it correlates with both a 61.8% Fibonacci level and has history as a key area of support & resistance.
Speculations
Earnings season is a great time to profit from derivative trading, however, it can also be more treacherous due to the volatility most stocks experience in the days leading up to and immediately following their Quarterly Releases. Because GOOGL is having their Earnings Call in the next few days, I would not be surprised to see sharp price movements in either direction regardless of the current trends. Concrete stop-losses and price targets should be determined before entering any positions.
HP to $60Overview
This is a very brief price prediction for HP that will require further review, however, I found the opportunity too affordable to pass up and wanted to share my thoughts. Bottom line: the call options are very cheap and HPQ's chart screams potential for a lucrative trade.
Trading Pattern
HP ( NYSE:HPQ ) has formed a bullish flag on the 1D chart and it appears close to breaking out as the descending wedge is completely developed.
Technical Indicators
MFI is approaching oversold territory while MACD has a sharp positive slope above its signal line.
PBFintech - Mapping a script using Pivots, CPR and MoneyFlow Hey Pivster's
Here, I have tried to demonstrate how you can use the money flow in the market to map the script alongside its basic price action which eventually leads us to some interesting zones in the journey which are being classified as the 'buyers' or 'sellers' zone depending upon the situation of the price and money flow statistics present at that very juncture!
Moreover, due to limited time we quickly dived in to see the confluence of these zones (current stop) along with Pivot Points of multiple timeframes in a single tab which give us an additional boost to our analysis and make the trade refined apart from the standard information available in the market.
NSE:POLICYBZR (MTF PIVOT CHART) -
NSE:POLICYBZR (CPR TRAILS CHART) -
NSE:POLICYBZR ( DAILY TF CHART ) -
Thank You!
THE KOG REPORT - FOMC The KOG REPORT – FOMC
This is our view for FOMC, 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 price.
Today’s FOMC may bring a curveball with it, so we’re going to use the extreme levels as usual, but, we’re going to say please play caution on the markets. The trade always comes after the event, patience will pay on this one!
We have the support level below 2150-55 as mentioned through the week, with resistance above 2175 which are both either side of range play at the moment. Our bias is still active, but, due to the volatility that may present itself, we’ll stick with the higher levels as potentials regions for a RIP. So, if price does carry up towards the 2175-85 region and we can see a clean set up, an opportunity to short the market back down initially into the 2155 levels and then on the break, below that 2148 and further down could be available.
Please note, that breaking above will invalidate this and we are likely to see higher pricing through the rest of the week. There was a level of 2210 in extension of the move, which is extreme volume enters is a possibility, so if you’re going to risk it, your risk model better be up to scratch!
On the flip. Rejection around this 2165 region, we can see price attempt the support 2145 and upon the break we will be looking for this to go lower, initially into the 2135 region and then below that potentially 2120! If we get that move to the downside, we will be looking to carry any open trades down into the given regions if we get a clean set up, and only long for the scalps and quick captures from the given levels.
In all honesty, right now thoughts are we would rather let this play out and let the take the price to where they want. We’ll still with the plan for now on the KOG Report which has worked well, but any trades should be protected and a majority taken.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
REDTONE DIGITAL BHD MYS - Good Sign, Ready to enter MA Low ZoneTrading style: BBMA
The stock rose and formed a white bullish candle last Friday, breaking out above
its 3-week long triangle pattern. The breakout was supported by a higher trading
volume which indicates a renewed buying interest after the stock’s consolidation
from the 52-week high. More upside is likely to follow after the said breakout,
underpinned by the rising EMAs.
I think that aggressive traders may want to go long now with a stop-loss set
at RM0.970. For today, price may go down to MA Low in Daily and 4H timeframe, that is a good sign to buy now.
Follow-through buying may lift prices to test the historical
resistances at RM1.10 and RM1.15. My target price using fibonacci is at RM1.28
How I caught 100 pips on EUR after my analysis got INVALIDATED!In my last analysis, we were expecting EURUSD to retrace to the golden zone where I was looking for buying opportunity.
Unfortunately, the price broke the highs and continued moving to the upside. Our main goal was to buy EURUSD targeting areas above 1.090.
So what we did was that we waited price to come back to an area where we had at least two confluences.
1. Uptrend
2. 61.8 fibonacci level
Using the Fibonacci tool from the last low to the last high, we were able to catch EURUSD at a good level ( 1.087 ) targeting the 1.098 level ( +100 pips )
Price will always come back and give you the best opportunity so no need to FOMO and panic!
This is an explanation of how we can find a high probability trade like the one above
CHZ LOOKING GOODCHZ found support at 100DMA AND at 200DMA, a cross also happens, which is bullish. Acceptance into the zone (May 13, 2022 - June 7, 2023) is a big deal.
Wait for the retest, if the price manages to hold 0.93 and a little lower, the way is open to 0.208, which is 110% profit.
The market is currently in a period where leverage should not be used, pure DCA.
If you like this free content feel free to like for support.
XRP/USDT BULLRUSH BEFORE THE FLUSH???Looking at the XRP/USDT Daily Time Frame, we can get an idea where and WHY price is moving the way it is:
We see that ALL previous buyside has been swept.
This should indicate BULLISH order flow.
Every bullrun hits it's breaking point but where will that be???
We see that there's more Buyside that's yet to be swept and I'm thinking it will sweep them soon in the near future.
But WAIT .... There's More!
Right above the highest high, there is a GORGEOUS Daily SIBI resting right above.
Sadly, it hasn't been tapped yet :(
If it gets tapped, will XRP rise or will that be it's Downfall???
There's only one way to find out ;)
I'm patiently waiting for potential opportunities that allow a solid 2:1 RR trade to be taken.
(DISCLAIMER) THIS IS NOT FINANCIAL ADVICE! THIS IS MY PERSONAL OPINION AND I COULD BE 100% INACCURATE IN MY ANALYSIS. DO YOUR OWN RESEARCH AND ANALYZE YOUR OWN CHARTS. TRADING IS EXTREMELY RISKY SO BE CAUTIOUS AND TRADE AT YOUR OWN RISK!!!
THE KOG REPORTTHE KOG REPORT
In last week’s KOG Report we said we were on the flip again so would be looking for price to target that 2030-28 level at some point early week before then looking for an opportunity to long the market into the 2040-45 region with extension into 2050. It was this region we said we would ideally want to hold any short trades down if we got the reaction that we wanted, however, during the move into resistance, we suggested traders trade it level to level as the reaction was controlled and exit at the support level. It was here, after taking the move down, then up and scalping it down again, identifying the perfect opportunity to long, we unfortunately put a risk on longs due to the news release on Friday. So although we did well on Gold, we missed the final move up to where we closed, better to be safe than sorry I guess.
So, what can we expect in the week ahead?
This week we would say caution on the markets, they’re extreme and stretched with sentiment also approaching extreme levels. We’re a bit high here to even consider going long in the early sessions, so for that reason, we would suggest looking for the price to target the higher order region and looking for a reaction in price, if there is a confirmed set up, we feel an opportunity to short the market into the 2070 and below that 2065 region are available. It is this support region 2060-65 and below that 2055 that need to be monitored, holding above should allow us to get in on the swing into the higher levels firstly 2095 and them above that 2120!
What we want to see this week is if the order region 2085-80 becomes a support level for gold for the coming weeks. If so, it’s likely we’re to see higher pricing with the higher target levels not a huge distance away. This is something that can only be monitored on the structure and formations of the market when it opens and settles, otherwise we will need to trade the immediate levels and take it how we see it as we usually do.
Simple on this week, on open, look higher for the short trade, if we support below at the intra-day levels, it's a long, if we break, we correct the whole move!
KOG’s bias for the week:
Bullish above 2065 with targets above 2093, 2095 and above that 2120
Bearish on break of 2065 with targets below 2045
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
GOLD / USD; Analysis & Trading Plan (05-MAR-24)Hello Traders !! Here is my Gold Analysis & Trading Plan
GOLD in term of structure has been completed. ONLY SELL setup from now on.
Trade With Care,
WAVE HUB FX
----------
Please follow me and like if you agree or this idea helps you out in your trading plan
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
$0.000015 In Sight?Shiba Inu token has been grabbing momentum as of late. On the 1W and 1D charts, a distinct W is beginning to form with us being a little above the second trough at the time of this idea. I drew a crude Fibonacci retracement -- it is crude because I am not 100% that I am using the retracement tool accurately BUT there are three fibonacci retracement levels that show strong correlation to prior resistances and supports -- 78.6%, 50%, and 23.6%.
If Shiba Inu's price can break through the resistance presented at 23.6% then the next major resistance appears to be at the 50% Fibonacci level, then the 78.6%, and then finally arriving at a bountiful price target around $0.00001587. According to the chart's timeline, this could take up to three months to complete at its current pace which presents two possibilities:
Bitcoin ETF gets rejected and the crypto market experiences a news-propelled crash. Corrections will be inevitable in any market but, in my opinion, the Bitcoin ETF getting rejected could send us back to prior lows or at least close to it.
Bitcoin ETF gets approved and the prior price target of $0.000015 may arrive sooner as well as be too conservative.
Traders should remain cognizant of macroeconomic news and Bitcoin ETF updates as they can render a trading pattern invalid at any moment. However, should everything remain status quo and the market outlook remain positive, it is my personal opinion that this trade can benefit both short and medium term holders.
Traders should practice good habits by increasing Stop-Losses with market gains and watching the volume to avoid entering or exiting a trade too soon.
COINBASE:SHIBUSD
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Another fantastic finish to the week smashing all our Bullish targets and strategically taking our buys from every dip.
Yesterday we stated after completing 2044 and 2048 targets, that we will be looking for ema5 to lock above 2048 to open 2055 and potentially 2064.
- We got the cross and lock above 2048 confirming 2055 and 2064, which were both hit today, completing our chart idea to perfection!!!
BULLISH TARGETS
2036 - DONE
EMA5 CROSS AND LOCK ABOVE 2036 WILL OPEN THE FOLLOWING BULLISH TARGET
2044 - DONE
2048 - DONE
EMA5 CROSS AND LOCK ABOVE 2048 WILL OPEN THE FOLLOWING BULLISH TARGET
2055 - DONE
POTENTIALLY 2064 - DONE
We will now come back Sunday with our multi timeframe analysis, gold route map and trading plan for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
Will TRY Continue to Fly or Will it Hold the 30 and Say GoodbyePrice has been pushing higher and higher and climbed thousands and thousands of PIPs since 2021. But with the increased interest rates (42.5%), will this be enough to prevent price from higher? Potentially. There needs to be more confidence in the Lira, which could be happening. Pimco and Vanguard (US Investment Companies), are investing in Turkey, which could be a good sign. If companies are starting to invest in Turkey, this could help their currency issues. What could also help and maybe is helping currently, is the TRY is a good carry trade, especially if there is a halt to the rapid depreciation in the Lira. The CBRT will likely hold rates at his high lvls for a while as they work to break the upward trajectory. Additionally, if analyst, traders, and investors are correct, and the FED reduces rates, this will assist price on pushing lower. Furthermore, when economic data is released, if inflation starts taking a hit to the downside (currently above 61%), this could bring in that confidence that is needed also and start pushing the TRY lower. If all these factors do improve the Lira, I am thinking price might even be able to hit the 27 lvl.
For now, I got a small position on this pair, collecting a decent amount of positive rollover. I will build up as price pushes higher. I am able to sustain if price pushes 10,000 pips against me. Price is currently over 7,000 pips against me, with a manageable floating loss, and I am still looking to build a larger position.
Manage your risk and do your own due diligence before placing any trades.
SGDCHF Bullish with trade callSGD_CHF shows a *Uptrend*.
📊 Current Price: 0.6554
🎯 Entry Prices:
Entry Price 1: 0.6536
Entry Price 2: 0.6522
Entry Price 3: 0.6508
Entry Price 4: 0.6488
🛑 Exit Prices:
Exit Price 5: 0.6772
Exit Price 6: 0.6891
Exit Price 7: 0.7009
Exit Price 8: 0.7083
⛔ Stop Loss: 0.6453
We can Clearly see we've had a nice down trend where had a double bottom and have been going back high ever since. We've broken through the bottom fib channel which is a good sign for more continuation back upward. We also have been having recognizable positive volume along with a Golden Cross on the Daily Very imminent The MACD is Showing Bullish and the ADX is 24 showing some Trend Strength.
THE KOG REPORTTHE KOG REPORT:
In last week’s KOG Report we mentioned the importance of the levels we had in mind for the week ahead and to expect some movement in the markets while it attempts to break out of the range it’s been accumulating in.
We mentioned the level of 2022-20 as the initial level, where if price found support, we felt an opportunity to long the market back into the order region would be available to traders, but only on the scalp, which as you can see happened nearly to the pip. We then said we would be looking for a reaction in price around that region and felt an opportunity to short from there back down in attempt to break the support and target the 2010 level would be available.
The levels and plan worked well giving traders opportunities both ways netting phenomenal pip captures and trading this the way it should be done in a ranging market. We also completed our daily bias targets as well as Excalibur targets. We then closed in a potential move on the way to target but we suggested traders take what the market gives and we’ll start fresh again on market open.
A fantastic week again in Camelot, not only on gold but the numerous other pairs we trade.
So, what can we expect in the week ahead?
This week again, we’ll stick to a similar plan and look for lower pricing. Only this time, we’ll be expecting a bounce from the lower support regions which we feel will give sharp move, so please be careful not to short or long too early!
We have the levels of 2020-18 and below that 2010-08, if this regions are attempted from opening, we feel an opportunity to long the market back up into the 2025-7 and above that 2030-35 levels are available, it is here that we want to see price stall. If it does, as shown in path we feel we can again attempt to short the market with the plan to break below that 2000 level targeting lower support before the bounce we’re looking for.
Please note, this all depends on the price staying below the order region during the early sessions, as breaking above will lead to further gains before we then see a reaction from higher up in the pool and get another opportunity to short. It sounds like a long-winded process, but putting a complex plan into one idea like we do takes some work.
The path and levels should help you along the way as well the daily updates and KOG’s bias of the day. Please keep an eye out for these!
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
THE KOG REPORTKOG REPORT
In last weeks KOG Report we said we would be expecting the market to start the week in a range of 2035 resistance and 2018 support. These were the levels we were expecting to enable us to us the red box strategy and scalp the markets level to level, which worked well. We gave the bias level as bullish above 2020 for the week, which, although we had a slight extension to the downside gave opportunities to long the market for the bias target level. We wanted 2030 but managed 2027 from 2018 which was more than enough.
For the week, ideally what we wanted was for price to take the liquidity from the upside and give us the opportunity to short the market into lower levels, forcing us to change our bias. Unfortunately, wasn’t to happen last week, but we still made a success of it with the report.
So, what can we expect in the week ahead?
This week looks like it will be aggressive, so please make sure you have your risk model in place and you’re waiting patiently for the right levels to take entries. We have a lot of news on the calendar as well as NFP and FOMC on the horizon.
So, for this week we have 3 levels in mind as potential RIPs or target levels for price to achieve. The lower support regions of 2010-12 are important, if targets and rejected, we see potential for a bounce here back up into the 2030-35 order region where price may settle pre-event. This level is important to hold price below, as breaking above it will lead to further gains. If however this level holds price, and we see a clean setup, we feel there is an opportunity to short the market from there in hope of breaking through the 2000 level!!
On the flip, if we do break above 2035 with volume, 2045 and in extension 2050 are crucial level for bulls to break, otherwise, potential for a the spike, SL hunt and we'll see the plan complete.
In summary:
Price below 2030, we’ll be looking for lower levels following Excalibur. Price breaks above 2035, we’ll be looking to trade level to level upside, looking for 2045 for a potential RIP. It’s as simple as that this week, buy low if you and sell higher if you can. Don’t let the choppy price action trap you in small ranges where candles look small. Make sure your lot sizes are in accordance to your account size, otherwise you will get into trouble.
KOG’s bias for the week:
Bearish below 2035 with targets below 2010 and below that 1997
Bullish on break of 2035 with targets above 2045 and above that 2050
We’ll update the report through the week as well as hopefully publish the FOMC and NFP KOG report before the releases. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Gold Route Map UPDATEHey Everyone,
Great finish to the week with our chart idea playing out in true level to level fashion, giving plenty of time to track and trade the movement with our weighted Goldlturn level break and lock strategy.
We completed the full retracement range followed with the bounce into 2026 for the perfect finish. No break and lock above 2038 and therefore the rejection into 2026 and then the 2011 retracement range confirmed by the cross and lock below 2026.
We continued to take buys from the 2011 bounce into 2026, as highlighted by our chart all week. Perfect play!!!
We used our weighted level to track the movement down and then catch the bounces up.
As stated before, each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2026 - DONE
BEARISH TARGETS
2026 - DONE
EMA5 CROSS AND LOCK BELOW 2026 WILL OPEN THE RETRACEMENT RANGE
2011 - DONE
We will now come back Sunday with our multi timeframe analysis, Gold route map and trading plans for next week. Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a great weekend with families and loved ones!!!
GoldViewFX
Mr Gold
USOIL : BUY WITH BREAKOUT AND RETEST STRATEGYHello Traders,
📈 Daily chart review :
- Affter a long moving in downtrend, in the present, price is near with strong support and has got many times want to pull up.
- Now, it is prepairing for a breakout of the downtrend
🎯In my trading opinion:
You can buy around 73-74 price zone and target is 80-81 zone.
📚 Remember that: Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
BTC: NEED A PULLBACK TO CONTINUE THE TRENDHello Traders,
📈 On weekly chart, you can see that BTC has demonstrated a strong uptrend, price above on 3 EMA
However, after ETF approval, a rejection at the 48,000 - 50,000 resistance range, BTC need to a pullback to able to continue the trend.
🎯In my trading opinion:
BTC will be down to price zone : 32-35K. When price will touch EMA50 on weekly chart and after that, have a good reversal here to uptrend.
📚 Remember that: Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!