[October 10] 30-second long Gold scalping results with no discretion

This is the trade on October 10.

23:00
U.S. University of Michigan Consumer Confidence Index (preliminary) October [University of Michigan Consumer Confidence Index]

and other indicators are upcoming.

There are no particularly major indicators on Friday.

Taking that into account for the trade.

On the 9th, the price fell sharply and the trend was broken, and the question was what would happen from here.

In the end, after dropping nearly 1000 pips, it stabilized a bit the next day, and in the Tokyo market it gradually rose.

From here, it would take time to fill the gap with another decline of nearly 1000 pips, and we must also consider the possibility of a trend reversal from there.

However, momentum faded and although it fell once, it rose again and formed a large W-shaped top.

From there it gradually rose as it entered the New York market.

It rose once, but in the NY market it rebounded again and declined.

A quite large drop led to a counter-trend setup and at first I lost several trades, but even so the volatility stood out more than usual.

However, after defeating the bottom with a counter-trend trade, I managed to regain many pips, the market became range-bound, but I still managed to finish the day.

When volatility is high, losses are large but so are returns, so I want to target it decisively without discretion.

Good job this week as well.

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