THE KOG REPORT - Update
Updated
End of day update from us here at KOG:
BOOM!
In all honesty that was a difficult trade to hold with the chop and range in play, however, it's made it's move after giving numerous entries and finally hit our first target level.
We're within the potential range so would expect this to attempt a short recovery which now gives us the flip into the 2570-75 region which is where we need to monitor. Rejection again, and we should complete the move, however, FOMC is in the way!
For the above reason, we'll call it a bonus if we complete, otherwise, protected, taken and managed is what we're hoping traders have done.
We'll be back tomorrow with the FOMC KOG Report.
As always, trade safe.
KOG
BOOM!
In all honesty that was a difficult trade to hold with the chop and range in play, however, it's made it's move after giving numerous entries and finally hit our first target level.
We're within the potential range so would expect this to attempt a short recovery which now gives us the flip into the 2570-75 region which is where we need to monitor. Rejection again, and we should complete the move, however, FOMC is in the way!
For the above reason, we'll call it a bonus if we complete, otherwise, protected, taken and managed is what we're hoping traders have done.
We'll be back tomorrow with the FOMC KOG Report.
As always, trade safe.
KOG
Trade closed: target reached
This move is complete with the target for the scalp long hit. Resistance in play but with FOMC later we'll likely experience some extreme conditions. Trade closed: target reached
Target two reached and 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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