[October 28] 30-second Gold No-Discretion Scalping Trade Result
Details of 30-second GOLD discretionary-free scalping here
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This is the trade from October 28.
22:00
United States - S&P Case-Shiller Home Price Index (20 cities) August [year-over-year]
23:00
United States - Richmond Fed Manufacturing Index October
23:00
United States - Conference Board Consumer Confidence Index October
and other indicators are in store.
The volatility and importance are not very large, so keep it in mind just in case.
This trade takes them into account.
Late night on the 27th, price continued to fall to a new recent low, signaling a shift into a downtrend.
Although there was a slight rise in the Tokyo market on the 28th, it then fell again.
It fell sharply, and where it would drop to, it moves into the NY market.
It initially found support in the NY market, rebounded, and rose.
It rose briefly, but then slowed and entered a range.
Although it isn’t a dramatic rise that negates the prior decline, volatility remains high.
On average, nearly 30 pips have been captured, making this a very favorable risk-reward trade.
This week, too, a substantial amount of pips have accumulated over two days, and I hope to continue this.
Continue to enter without discretion, calmly and steadily.
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