[April 10] Even beginners can understand the winning strategy from yesterday [Featured by ゴゴジャン as a GOLD Trader!]
Details here↓↓
https://www.gogojungle.co.jp/tools/indicators/74653
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This is a trade on April 10.
21:30
United States CPI (Consumer Price Index) for March [MoM]
21:30
United States CPI (Consumer Price Index) for March [YoY]
21:30
United States CPI (Core, CPI excluding food and energy) for March [MoM]
21:30
United States CPI (Core, CPI excluding food and energy) for March [YoY]
23:00
United States Durable Goods Orders (Preliminary) for February [MoM]
23:00
United States Durable Goods Orders (Preliminary) for February [Excluding Transportation, MoM - Core]
23:00
United States University of Michigan Consumer Confidence Index (Preliminary) for April [University of Michigan Consumer Confidence Index]
and other indices are awaited.
The range of movement is small, but since they are concentrated in the same time window, caution is required.
Trades are made with that in mind.
This time, GOLD is rebounding from a downtrend, then showing unstable price action as it searches for direction.
Early on, selling presses from the high price area with a large bearish candle. The downtrend continues with predominantly bearish candles, showing weakness.
However, in the mid-section, more candles with lower wicks appear, indicating a reversal near the low price area. There are moments of sharp declines, but each time they are bought back, showing signs of a bottoming out.
Towards the end, bullish candles increase, with highs and lows rising, indicating a rebound. However, the upward momentum remains limited, not strong enough to negate the previous drop in one swift move.
Even entering the New York market, there is no particularly notable movement.
The market remains directionless and murky.
In the middle, a large rise finally occurs, capturing the moment to break the range, resulting in a large positive move.
Thereafter, a substantial pullback toward the second half, with an abnormal plunge interspersed, but the final small drop is captured as well, ending the session.
Even in a range market, it managed to win solidly despite the rough conditions.
Continuing to enter mechanically and methodically according to the rules.
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April 10Trade results for "30-second Gold Auto-Matic FX"
The market feel and analysis for GOLD overlap, so please refer to the article on 30-second Gold discretionary scalping.
Today's GOLD entry!! ✅?
The second part of the trend-following method had opportunities from the early stage.
Even with 1 win and 1 loss, the risk-reward ratio remains positive.
In the mid-section it turned to a buy setup. It ran quite a bit, but still 1 win and 1 loss, and this is also positive.
Even with a 50% total win rate, we finish the week with solid results.
Continuing to follow the automated FX rules mechanically, entering accordingly!
Good job this week as well.
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Details of 30-second Gold discretionary scalping here
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The long-awaited second wave of "30-second" × "GOLD"!!
↓↓ Details for 30-second Gold Auto-M-FX here ↓↓
https://www.gogojungle.co.jp/tools/indicators/66726
Why not take on 30-second scalping during this opportunity?
Details here↓↓
