[December 18] 30-second Gold no-disp discretionary scalping + [Round 2 30-second Gold Automatic FX] trading results!

This is the trade from December 18.

22:30
United States CPI (Consumer Price Index) for November [Year over Year]

22:30
United States CPI for November [Core, excluding food and energy, Year over Year]

22:30
United States Initial Jobless Claims 11/30 - 12/06 [Continuing Claims]

22:30
United States Initial Jobless Claims 12/07 - 12/13

22:30
United States Philadelphia Fed Index of Business Conditions for December

etc. indicators are in the pipeline.

Important indicators clustered in the same time frame require caution.

Trading with that in mind.

There had been a lack of direction in the market, but in the NY market on the 17th it rose sharply.

Still, it could not break the high of the 15th and pulled back.

Dragging a trendline suggests a still forming triangle consolidation, so the range may continue.

Then in the Tokyo market on the 18th, there was little movement.

It gradually declined, but without much momentum; in such a case, there is a higher likelihood of a big rebound in the NY market.

At 22:30 the indicators caused a sharp rise, moving over 200 pips.

It is difficult to judge whether it will form a long wick and continue rising or not.

It rose but then stalled and became range-bound.

However, the volatility is large and an unpleasant development.

Next, a drop of about 300 pips would indicate a clean pullback without a strong return, which would not meet the rules and we cannot enter.

In the third trade, just as it rebounded, I entered a buy, but it pulled back again and formed a W-top before rising — a close but missed entry.

The NY market moved sharply yesterday as well, but this time the price action and volatility were larger, making it a more challenging market.

The high was renewed, but it is uncertain whether it will simply enter an uptrend.

Let’s continue to enter mechanically, without discretion.

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December 18 “30-Second GOLD Automatic FX” Trading Result

Gold market sense and analysis overlap, so please refer to the 30-second GOLD Non-Discretionary Scalping article.

Today’s GOLD entry!! ✅?

From the Tokyo to the London market there was little movement, we hoped for the NY market trend, but

it suddenly rose, moved in a range, then plunged and recovered — a quite turbulent market.

Since it wasn’t a clean trend, there were few opportunities, and during the decline volatility was very high, hitting the stop loss and then dropping, making it a difficult market,
I think the losses were relatively contained.

It has not yet fully broken out of the corrective range, so one cannot let one’s guard down, but

as the Automated FX name suggests, continue to enter mechanically according to the rules!

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