[February 11] Yesterday's market had few places to touch; results of the 30-second Gold Scalp trade!
The two 30-second scalping options above are on sale as a value set!!
https://www.gogojungle.co.jp/tools/indicators/74653
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February 11 trade.
21:00
U.S. MBA Mortgage Applications Index 01/31 - 02/06 [Week-over-Week]
22:30
U.S. Nonfarm Payrolls for January [Change in Nonfarm Payrolls]
22:30
U.S. Unemployment Rate for January
22:30
U.S. Average Hourly Earnings for January [Month-over-Month]
22:30
U.S. Average Hourly Earnings for January [Year-over-Year]
These indicators are in the queue.
Particularly the unemployment data requires caution.
Trades are made with those in mind.
During Tokyo time,
This GOLD is in a clear uptrend continuation phase.
Climbing gradually from Tokyo time,and moving upward cleanly.
A textbook bullish trend, making higher highs while forming pullbacks.
It climbs further into London time and clearly breaks above around 5073.
At the same time, rising volatility is confirmed.
The trend momentum has strengthened.
Later, it was pulled back by a large bearish candle temporarily, but
it recovered quickly.
That area can be considered the actual pullback.
Entering the NY market, it fell sharply due to the employment data.
Fell nearly 700 pips, erasing the gains from Tokyo to London in one move.
Such a large gap makes the direction unclear, creating a very challenging market.
Volatility expanded sharply, causing multiple false moves.
We managed to hold with only a minor loss, but the urge to trade remained and
a struggle between sticking to rules and emotional impulses occurred.
I must not waver here, so
let us enter mechanically according to the rules without discretion.
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February 11 trade results of the “30-second Gold Auto-Matic FX”
The Gold market view and analysis are similar, so please refer to the 30-second Gold nondiscretionary scalping article for details.
Today's Gold entry!! ✅?
Likewise, there was no clear directional opportunity due to market direction breaking down, so there was no timing to buy or sell.
Finally a short entry arrived, but it was taken out in an instant due to high volatility.
However, in such moments, it is more important not to trade, so
let's be glad that we only lost 1 trade and 10 pips.
Continuing with the Automatic FX as the name implies, enter mechanically according to the rules!
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Details of the 30-second Gold nondiscretionary scalping are here
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The long-awaited second installment of “30-second” x “GOLD”!!
↓↓ Details of 30-second Gold Auto-Matic FX here ↓↓
https://www.gogojungle.co.jp/tools/indicators/66726
The two 30-second scalping options above are on sale as a value set!!
