[November 19] 30-second Gold No-Discretion Scalping + [Round 2 30-second Gold Automatic FX] Trade Result!

Trade on November 19.

21:00
US MBA Mortgage Applications Index 11/08 - 11/14 [Weekly Change]

22:30
US Trade Balance August

among other indicators to watch.

Trades are made with these in mind.

GOLD showed initial upward signals on the 18th, and at midnight it reached new highs again.

In the Tokyo market on the 19th there wasn’t much movement, but from the London market momentum increased, pushing highs further.

Buying momentum continued to grow.

However, with such strong momentum, there is also concern that the NY market might slow down.

The NY market is indeed moving more slowly.

Looking at the chart image, it also looks like a boxed range, and the white line at the price when the screenshot was taken seems to be capping the high.

Even within such a range, there were many opportunities.

Rarely were there false moves; it rose smoothly, then fell smoothly, and it was an all-win!

What stands out is that we captured 60 pips twice.

Selling cleanly from resistance and buying from the bottom, the timing of exit was nearly perfect.

If this were without discretion, it would be a very ideal trade.

The market itself wasn’t very clean, but when there are opportunities, you should take them firmly to build pip savings and mental reserves.

Continue to enter mechanically without discretion.

-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-

November 19 results of the “30-second GOLD automatic FX” trade

Today’s GOLD entry!! ✅?

From Tokyo to London, prices rose sharply, and in New York they continued to rise, but in NY the momentum slowed and repeatedly faced strong resistance.

Trend-following as the main approach in this second edition isn’t strong in such markets, but there were two opportunities.

The first was exited nicely at the top with a 10-pip stop loss and 40-pip gain, a favorable risk-reward of 1:4.

There wasn't much opportunity for a while as prices stayed high, but another chance arose toward the end.

After exiting according to the rules, it extended further, and there was a feeling of regret, but we closed with a solid win!

Two trades, two wins, over 50 pips—wouldn’t you call that excellent?

Continuing as the name suggests of automatic FX, mechanically enter according to the rules!

*＊*＊*＊*＊＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊