[September 30] 30-Second Foot Gold Non-Discretionary Scalping Trade Result

This is the trade on September 30.

22:00
US Core Personal Consumption Expenditures Price Index July [MoM]

+10.8 pips -0.2% -0.2% -0.1%
22:00
US S&P Case-Shiller Home Price Index (20-City) July [YoY]

22:45
US Chicago Purchasing Manager Index (PMI) Sept [Chicago PMI]

23:00
US JOLTS Job Openings Aug

23:00
US Conference Board Consumer Confidence Index Sept

Indications like these are ahead.

There are many indicators of relatively high importance, so be cautious.

Trades are made with these in mind.

GOLD has continued to rise and reached even higher highs in the Tokyo market.

However, it dropped sharply in the London market, showing an abnormal fall of over 600 pips.

As a result, the trend collapsed and the directional sense became chaotic, but it began to rise gradually to fill the gap as we entered the NY market.

It is rising with considerable momentum, and there are few pullbacks, making entry opportunities rare.

Finally it started to slow, aligning with the selling-entry rules, yet it did not completely stall and there were several false breaks.

On the third attempt it finally dropped sharply, and although I managed to break even, it then ranged and the day ended.

One might think GOLD would continue to rise, but it showed some odd behavior, and a sudden trend reversal is quite possible.

Even if you don’t win, it’s important to end with a small loss or break-even; the goal is to avoid overall losses, so keep entering without discretion and in a calm, methodical manner.

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