[December 10] 30-second Gold scalping with no discretion + [Second round 30-second Gold Automatic FX] trade results！

This is the trade on December 10.

21:00
U.S. MBA Mortgage Applications Index 11/29 - 12/05 [MoM]

22:30
U.S. Employment Cost Index Q3 [QoQ]

and other indicators are ahead.

The importance is somewhat high, so a little caution is necessary.

Trades are made with that in mind.

As usual, a choppy range market with no clear direction continues.

There was no movement in the Tokyo market on the 10th, a range market where neither the high nor the low is exceeded.

It started to fall in the London market, but it was bounced back by the price of the 9th’s wick, and there isn’t enough momentum to drop below the low.

With that state, we enter the NY market.

From the chart image, the market remains directionless.

From the early range, it jumped higher, but there is no momentum to rise further and it retreats.

Even after the drop it didn’t fall completely, and it’s in a retracement range near the early price level, roaming around.

If this lasts long, it could be tough this week, but it depends on how long we can endure.

Continue entering mechanically without discretion.

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

December 10 Result of the “30-Second GOLD Automatic FX” Trade

GOLD’s market feel and analysis overlap, so please refer to the 30-Second GOLD No-Discretion Scalping article.

Today's GOLD entry!! ✅?

Here as well, there is no clear direction.

A marginal dip was captured, but there was no subsequent rally, so it hit the stop loss.

This is to limit risk with a 10-pip setting.

We entered short when it stopped rising and turned, but it did not extend as expected, so we didn’t recover the two losses to +20 pips and finished with a small loss.

For a trend-following method like this, the current retracement range is unfavorable, but if we break it and ride the trend, we can recover a lot, so endure with that expectation.

Continue to enter mechanically in line with the rules, as the Automatic FX name suggests!

*＊*＊*＊*＊＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊