[November 26] 30-second Gold No-Discretion Scalping + [Second Round 30-second Gold Automatic FX] Trade Result!

Trade on November 26.

22:30
U.S. Durable Goods Report (Preliminary) Sep [MoM]

22:30
U.S. Durable Goods Report (Preliminary) Sep [Core Excluding Transportation MoM]

22:30
U.S. Initial Jobless Claims 11/09 - 11/15 [Continued Claims]

22:30
U.S. Initial Jobless Claims 11/16 - 11/22

23:45
U.S. Chicago PMI October [Chicago Purchasing Managers' Association PMI]

Upcoming indicators include these, among others.

Many indicators are clustered in the same time window, so extra caution is needed during this period.

Trades are made with that in mind.

There was an initial rise, but the downside was also large and no clear trend emerged.

The 25th market was mediocre, but what will happen on the 26th remains uncertain; the Tokyo market on the 26th also showed little movement.

There was a slight new high, but from there there was no notable movement and it remained in a range.

The London market fell once, then rose again, but there wasn't enough momentum to break the high, and it became subtle as it entered the NY market.

In the NY market, prices rose slightly again but were strongly rejected.

Broke out of the range, and with indicators in play, it fell sharply.

Early on there were feints, but after the indicators volatility increased, and I was able to gain more pips than my losses.

After a large drop, I got caught in another range and had a string of losses, but I caught a much larger drop and though the win rate is poor, I achieved a large overall win.

Trades are fairly high risk-reward, so as long as profits remain at the end even with a poor win rate, that's fine.

Continue to enter mechanically without discretion.

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November 26 Result of the "30-second GOLD Automatic FX" trade

Since the market feel and analysis of GOLD are overlapping, please refer to the article on 30-second GOLD No-Discretion Scalping.

Today's GOLD Entry!! ✅?

Unlike the first version of 30-second GOLD scalping, the market is less favorable for opportunities.

Since we are aiming for trend-following, as mentioned above, there are no chances in such mid-range or range-bound markets.

If anything, it means we avoid unnecessary entries and limit losses as much as possible.

There are preferences and strengths/weaknesses in different markets, so how about using them accordingly?

As the name Automatic FX suggests, continue to enter mechanically according to the rules!

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