[April 22] Why did you mess with it yesterday for no reason? [As a GOLD trader, I was featured by GogoJiang!]
Details here↓↓
https://www.gogojungle.co.jp/tools/indicators/74653
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Trade on April 22.
20:00
U.S. MBA Mortgage Applications Index 04/11 - 04/17 [MoM]
23:30
U.S. Weekly Petroleum Status Report 04/11 - 04/17 [Crude oil inventories MoM]
23:30
U.S. Weekly Petroleum Status Report 04/11 - 04/17 [Gasoline inventories MoM]
23:30
U.S. Weekly Petroleum Status Report 04/11 - 04/17 [Distillates inventories MoM]
and other indicators are due.
Trade based on these expectations.
In this session GOLD fell sharply at the start, then showed a strong rebound from the lower price range, and afterward moved in a high-price range with the upward momentum easing.
At the start, a large bearish candlestick caused a rapid drop, briefly breaking below the recent price range, but later a candlestick with a long lower wick appeared, confirming strong buying at the low.
Triggered by this rebound, the trend reversed and, toward the middle, consecutive bullish candlesticks appeared. The price rose while lifting the low and recovered the earlier declines.
Afterward, the upward momentum slowed somewhat, with more small-bodied candles and wicks up and down, entering a range-bound phase.
Even after entering the New York session, the market stayed range-bound and then rose, similar to yesterday's movement.
I captured the decline from the top, but the rally didn’t extend much.
In the mid-session, I was caught by a false breakout in a choppy range, resulting in a losing streak, and then a further drop, from which a rebound was seen, but overall I wouldn’t call it a clean market.
Although win rate was poor, I managed to endure.
Continuing to enter mechanically and without discretion.
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April 22 - Trade results for “30-second Gold Auto-Matic FX”
GOLD market sense and analysis are repetitive, so please refer to the article on 30-second Gold Non-Discretionary Scalp Trading.
Today's GOLD entry!! ✅?
The second momentum following the trend had almost no chances.
That means the market had no clear direction and a dirty waveform.
During the chaotic close, I managed to take a small profit once.
Continuing to mechanically follow the rules of Auto-Matic FX and enter trades.
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Details of 30-second GOLD Non- discretionary scalping
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The long-awaited second edition of “30-second” × “GOLD”!!
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