[As Predicted] The magic of the "time zone" that raised win rate to 80%, and vigilance on today's crude oil indicators (involving Iran situation)
Sudden Change as Forecasted!
The “time of day” that divided win rate and today’s oil indicators warning
Hello to everyone visiting the blog. This is FX-Skull.
I took a 3-day holiday from the 19th. I apologize for the delayed replies to those who contacted me during that period. I will be responding in order from today, so please wait a little longer.
Now, in the blog post before the vacation on the 18th,“Pay attention to the Retail Sales figure on the 21st (Tuesday)”and warned that after yesterday’s XAUUSD (GOLD) would move decisively in the direction after the indicator release, which indeed happened as forecast.
■ The importance of “time of day” seen in yesterday’s results
In fact, the total win rate for the entire day yesterday was70.6%which is a very poor number for this system. It includes signals that were whipsawed in a range without a clear direction before the indicators.
However, when focusing on the time slots where the trend emerged after the Retail Sales release,
the result was [8 wins 2 losses (win rate 80%)].
Technical traders should also weaponize “news”
If there were any users who ended up with a net loss overall yesterday,please be sure to review which time slot you traded in and examine your trading history.Did you enter unnecessarily during the pre-indicator range?
As this result shows, even with the same tools, profitability varies greatly depending on the time you operate (your stance).
Even for traders who base their approach on technical analysis, use fundamental information such as the indicator schedule and news as a filter to determine “time to trade” or “time to avoid trading,” and absolutely incorporate it into your trades. This is the biggest lesson to carry forward.
■ Today (April 22) cautions
Today“Weekly Petroleum Status Report”is scheduled for release.
Normally, this indicator does not have a large impact on the GOLD market, but currentlyIranian situation (geopolitical risk in the Middle East)is involved, so oil price fluctuations tend to spill over into GOLD. Unlike normal times, please be especially vigilant as this indicator requires caution.
Today as well, use the indicator’s feature ‘Multi_info button’ to your advantage,
and pair news with time to target only the “delicious spots”!
Details on ‘GOLD Scalp Pro’ here
※ Ownership club participation right is also included.