[October 23] 30-second Gold No-Discretion Scalping Trade Result
Details of 30-second GOLD Discretionary-Free Scalping
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This is the trade from October 23.
23:00
United States Existing Home Sales for September [Existing Home Sales]
23:00
United States Existing Home Sales for September [Existing Home Sales - MoM]
and other indicators are ahead.
It's Thursday, but the range of movement and importance aren't very large.
Trades are made considering those factors.
GOLD updated its low on the 22nd, and the trend was genuinely broken.
From here, will it further collapse, or will buying pressure come in and form a consolidation range?
The Tokyo market on the 23rd did not move significantly.
In other words, a large drop has temporarily halted.
There isn't extreme movement from there, but it is creeping upward.
In the London market there was no major movement, and although early, it can be considered that it entered a consolidation range.
And it moves into the NY market.
As you can see from the chart image, it has become a nearly horizontal box range.
Not as volatile as recently, but volatility remains high, with times in the 30-second chart exceeding 20 pips.
It gradually rose and stalled in the NY market, ending in a loss for the day.
This week yielded huge profits, but a calm period with difficult times may come soon, so let's continue to enter without discretion, calmly and steadily, while keeping that in mind.
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