[November 25] 30-Second Gold No-Discretion Scalping + [Second Round 30-Second Gold Automatic FX] Trade Result!
Details of 30-second GOLD No-Discretion Scalping here
The long-awaited “30-second chart” × “GOLD” Part 2!!
↓↓ Details of 30-second GOLD Automatic FX here ↓↓
https://www.gogojungle.co.jp/tools/indicators/66726
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Trading on November 25.
22:30
United States Producer Price Index (PPI) Sep [MoM]
22:30
United States Producer Price Index (PPI) Sep [YoY]
22:30
United States PPI Sep [Core, Excluding Food & Energy, MoM]
22:30
United States PPI Sep [Core, Excluding Food & Energy, YoY]
22:30
United States Retail Sales Sep [MoM]
22:30
United States Retail Sales Sep [Ex Auto Core, MoM]
23:00
United States Home Price Index Q3 [QoQ]
23:00
United States Home Price Index Sep [MoM]
23:00
United States S&P/Case-Shiller Home Price Index (20 Cities) Sep [YoY]
and other indicators are due.
Many indicators cluster in the same time frame, so caution is needed in this period.
Trading with that in mind.
On November 24, the NY market updated to a recent high.
As a result, it broke upward sharply and the previously dragging downtrend was broken.
From here, will it rise sharply, but the Tokyo market on the 25th also updated its highs with that momentum.
However, afterward it stalled and fell sharply in the London market.
Not a fall enough to drop below the November 24 low, but there is concentrated support around this area, and it bounced here again.
Within this resistance-support zone, it forms a range, and where it will move in this area leads into the NY market.
It rose again, but was blocked again by Tokyo market resistance.
The early phase was almost break-even, but through subsequent zigzags it has been able to string together wins.
However, it was strongly bounced from resistance and fell sharply, and a counter-trend was triggered, with volatility increasing, resulting in -30 pips.
The loss came soon after a strong bullish candle, a large loss in pips is rare.
Nevertheless, thanks to the two consecutive wins just before, losses were kept to a minimum.
The day ends with a slight loss.
It seemed a trend might be forming, but GOLD returned to a range again; nevertheless, continue to enter mechanically in accordance with the rules without discretion.
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November 25th Trade Result of “30-second GOLD Automatic FX”
For GOLD market sense and analysis, please refer to the 30-second GOLD No-Discretion Scalping article as they overlap.
Today's GOLD Entry!! ✅?
Unlike the first edition of 30-second GOLD scalping, opportunities are restrained but we’re able to capture pips firmly.
The second trade also extended, but the retracement was large; it ended slightly negative, but entering near the top and taking -10 pips, following the rules to achieve -2.5 pips is excellent.
Afterward, when the market turned, we did not take positions; we waited for a proper drop and entered a short, earning 60 pips, showing the best aspects of automatic trading.
Continuing to trade mechanically according to the rules, as the name Automatic FX suggests!
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Details of 30-second GOLD No-Discretion Scalping here
*＊*＊*＊*＊＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊
The long-awaited “30-second chart” × “GOLD” Part 2!!
↓↓ Details of 30-second GOLD Automatic FX here ↓↓
