Rising Gold Dragon Usage Report — Gold M5, scalping moves that pick up on retracements (6/4–6/5)
This time, while looking at the chart of “ShoKinRyu,” we reflect on what entries were made on Gold (GOLD#・M5) on June 4–5. It was a two-day period where the buying-focused scalping movement was clearly visible.
At 0.01 lots, about 9,000 yen corresponds to roughly60 dollars(converted from USD/JPY at 150). Counting with the same chart display “1 pip = 0.01 dollar,” the total is roughly6,000 pipsper trade is small, but it is the result of repeatedly accumulating pullbacks during dips.
The green upward arrows on the chart indicate buy entries, while the pink × marks are exit signals. Note the point wherepurchases are stacked during price declinesinstead of chasing new highs. ShoKinRyu’s basic stance is to pick up what has fallen too far.
Then, as a sizable rebound occurs, exit with × (close). Each individual profit margin is not large, butaccumulating short-term rebounds that “buy the oversold”— this is the way the buy-focused scalping earns. In these two days as well, the pattern repeated: picking up pullbacks mid-dip and booking profits on the rebound.
At the top of the screenshot, it shows “Stopped: Time-of-day filter.” This meansthe strategy is deliberately paused. In periods prone to turbulence or when spreads widen significantly, there is no forced entry. In this image, spreads are wide (Saturday market closed), and the rule automatically decides not to trade under such disadvantageous conditions. Not only to attack, but also to rest during certain times—this is by design to keep the system running long-term.
Not all scenes are favorable. On June 5, during the U.S. employment data (NFP), gold dropped sharply to a low of$4,310 rangefor a time. The area circled by the red marker on the chart—the buy positions picked up during the drop are now in drawdown while waiting for a rebound.
Buy-focused scalping aims to catch “rebound from oversold,” soit does not pair well with a single-direction, steep downtrend. You may not capture profits quickly, and you can get caught, as shown. When a rebound comes, losses are resolved, but if it does not rebound, the unrealized loss continues—these aspects are shown not only on good days but all days. Also, in such volatile moments, the time-of-day filter prevents forced chasing.
*Approximately 11 years (2015/01–2026/03) of backtesting with initial margin of 1 million yen. Currency pair GOLD# (XAUUSD) ／ Timeframe M5 ／ Buy-focused ／ MT5 only. This is past performance and does not guarantee future profits.
※This article is for informational purposes and not investment solicitation. The backtest results presented are historical performance and do not guarantee future profits. FX/CFD trading involves risks. Please make investment decisions at your own risk.