[October 22] 30-second Gold No-Discretion Scalp Trading Result
Details of 30-second GOLD Discretionary-Free Scalping here
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This is the trade from October 22.
23:30
U.S. Weekly Petroleum Status Report 10/11 - 10/17 [Crude oil stocks: weekly change]
23:30
U.S. Weekly Petroleum Status Report 10/11 - 10/17 [Gasoline stocks: weekly change]
23:30
U.S. Weekly Petroleum Status Report 10/11 - 10/17 [Distillate stocks: weekly change]
and other indicators are in store.
The volatility and significance are not very large.
Trading based on those considerations.
On the 21st, there was a large drop that could be called a crash.
As a result, volatility has also become extremely high.
It’s a question of how far it will retrace after the low, but it continued to fall even in the Tokyo market on the 22nd.
Although it rose with a big wick, in the London market it continued to drop, going below the previous low, and a genuine trend reversal requires caution.
The momentum carries into the New York market.
It dropped again after a brief rebound, but then again fell with tremendous momentum, trying to make new lows.
Volatility is large and the loss-cutting scale is unprecedented; unless you have the profits you’ve already earned, you might hesitate.
However, when entering a sell position, the drop is enormous and reaches 100 pips quickly.
This day also ends in massive profit, but just because GOLD is falling, entering a sell position is risky, so proceed cautiously.
Continue entering without discretion, steadily and unemotionally.
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