[April 2] Didn't you lose the same yesterday? [Featured by Gogojan as a GOLD trader!]
Details here↓↓
https://www.gogojungle.co.jp/tools/indicators/74653
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This is a trade from April 2.
There are no particularly notable indicators.
Trading based on those observations.
This time with GOLD, the upward trend has reversed into a strong selling-led phase.
In the early stage, consolidation around the high price range continued, and the upward momentum appeared to be weakening, but shortly after a long bearish candle appeared. It rapidly broke below the nearby support, clearly shifting the trend downward.
After this long bearish candle, retracements were weak, with occasional small bullish candles or brief rebounds, but prices continued to make lower highs and another bearish candle emerged. Although there were moments with lower wicks, rebounds were limited, and selling pressure remained strong.
With another further decline, another sizable bearish candle appeared, pushing the low to a new low. There were temporary pauses afterward, but the retracement was shallow, and the direction remained downward.
In the early part of Market Y, there was little movement, but volatility increased.
Then it rose sharply, and I could not enter, but movement began in the middle stage.
First, capture the rise for one win, then a second buy entry aligned with a pullback,
this sent a huge gain exceeding 100 pips at once.
In the subsequent reversal, volatility was large and I lost, but there was ample margin from these two wins, so it could be considered a big win.
Continue to enter mechanically and without discretion.
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April 2“30-Second Gold Auto FX” trade results
GOLD market feel and analysis are repetitive, so please refer to the 30-second Gold Unrestricted Scalp article.
Today's GOLD entry!! ✅?
The second leg of the trend-following started with a bearish view in the early part.
However, I entered at the bottom and it didn’t align.
In the mid-stage rally, I switched to a bullish view, but even though the direction was correct, it didn’t extend smoothly, and I was stopped out on a brief pullback.
In the late stage, the direction wasn’t bad, but perhaps due to timing, it was knocked out by the wick and ended.
A long losing streak followed, but it’s market behavior, so it can’t be helped.
Continue to enter mechanically according to the rules, just like the Auto FX name suggests.
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Details of 30-second GOLD unamended scalping here
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The long-awaited second installment of “30-second Gold”!!
↓↓Details of 30-second GOLD Auto FX here↓↓
https://www.gogojungle.co.jp/tools/indicators/66726
Would you like to try 30-second scalping now?
Details here↓↓
