[February 5] 30-second Gold No-Discretion Scalping + [Part 2 30-second Gold Automatic FX] Trade Results!
Details of 30-second GOLD Non-Discretionary 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 February 5th.
22:30
United States - Initial Jobless Claims 01/18 - 01/24 [Continuing Claims]
22:30
United States - Initial Jobless Claims 01/25 - 01/31
Others indicators are ahead.
No particularly notable indicators.
Trades are made with those in mind.
Following the downtrend from the previous day,
in the Tokyo market there were moments trying to recover, but the upside was heavy and selling prevailed.
Throughout Tokyo session, prices kept making lower lows and lower highs,
even when they rebounded, the moves were short, and selling into rallies was easy.
Overall, buying momentum was not strong.
When the London market opened, the decline accelerated,
pushing through support and moving sharply lower.
Volatility remained high, and price action was chaotic.
Overall impression:
“continued downtrend while making rallies”
and the market was very high risk.
Prices were held down significantly, and the downward pressure on sales was strong, with prominent bearish candles.
Yet volatility remains large, and pip movement was substantial.
It rose sharply from a gradually descending triangle breakout, but I could not time that moment; finished with small losses after winning and losing interleaved.
As the lows were getting lower, a trend change started to appear gradually, but
let us enter mechanically without discretion.
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February 5“30-second GOLD Automatic FX” trade results
GOLD market feel and analysis are repetitive, so please refer to the 30-second GOLD non-discretionary scalping article.
Today's GOLD entry!! ✅?
I was gradually aiming for a short entry with a descending right shoulder, but the low price held at a certain resistance/support line and did not move much.
A 10-pip stop was hit quickly, but I captured a brief moment after a sharp rebound.
Even with 1 win and 1 loss, the risk-reward ratio is heavily in my favor.
When the first edition was underperforming, having this mutual relationship is a strength!
Keep following the rules mechanically in Auto FX as the name suggests!
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Details of 30-second GOLD Non-Discretionary 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
The above two 30-second scalping options are on a discounted bundle price!!
