[December 16] 30-second Gold No-Discretion Scalping + [Second 30-second Gold Automatic FX] Trade Results!
Details of 30-second GOLD discretionary-free 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 December 16.
22:30
United States Non-Farm Payrolls October [Change from previous month]
22:30
United States Retail Sales October [Change from previous month]
22:30
United States Retail Sales October [Ex-auto, Core, Change from previous month]
22:30
United States Employment Situation November [Non-Farm Payrolls, Change from previous month]
22:30
United States Employment Situation November [Unemployment Rate]
22:30
United States Employment Situation November [Average Hourly Earnings, Change from previous month]
22:30
United States Employment Situation November [Average Hourly Earnings, Year-over-Year]
23:45
United States PMI (Purchasing Managers' Index, Flash) December [Manufacturing PMI, Flash]
23:45
United States PMI (Purchasing Managers' Index, Flash) December [Non-Manufacturing PMI, Flash]
23:45
United States PMI (Purchasing Managers' Index, Flash) December [Composite PMI, Flash]
Many indicators like these are ahead releases.
They have high volatility and importance, so this time period requires caution.
Trades taken with these considerations in mind.
On Friday it fell sharply and failed to recover to a higher high on Monday, breaking the trend.
This drop becomes a pullback, and whether it can break again is in question; in the Tokyo market on the 16th, momentum waned and declined.
If this continues, it seems to enter another consolidation range, but during the London session it kept sliding and stopped at Friday’s support.
Then it rebounded sharply, and the question is whether this momentum can continue as we enter the NY market.
It climbed in a short period, as if trying to reclaim the losses from the Tokyo session.
With such a rapid rise in a short time, without a deeper pullback to align with the rules, there was no entry and I remained on the sidelines.
Just when I thought it had settled, it turned into a range after the buying bids pulled back, and the trading ends as is.
Since it ended with a small loss, there is not a major impact, but the market has become quite unstable, and there is also a possibility of forming a range between Friday’s high and low again, so vigilance remains, but
continue to enter mechanically and without discretion.
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December 16 results of the “30-second GOLD Automatic FX” trading
GOLD market intuition and analysis overlap, so please refer to the 30-second GOLD discretionary scalping article.
Today's GOLD entry!! ✅?
It dipped once in the London market and then rebounded significantly.
It then rose more than the gap that formed when it dropped.
Entry point wasn’t bad, but volatility was high, and the first trade hit a stop loss.
The second trade wasn’t bad, but the third trade became range-bound and I was trapped, ending with a small loss.
Three days left; whether another trend will occur remains to be seen.
Continuing to enter mechanically according to the Auto matic FX rules as the name implies!
*＊*＊*＊*＊＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊
Details of 30-second GOLD discretionary-free scalping here
*＊*＊*＊*＊＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊
The long-awaited “30-second chart” × “GOLD” Part 2!!
↓↓Details of 30-second GOLD Automatic FX here↓↓
