[December 6] 30-second gold non-discretionary scalping trade result
Details of 30-second GOLD disclipline-free scalping
We are G.O.L. LLC!
This is the trade from December 6.
At 19:00, Eurozona/Actual GDP (preliminary) Q3
At 22:30, United States/Employment Statistics November
Canada/Employment Statistics November
and other important indicators with large fluctuations are concentrated.
If these times overlap, caution is required.
From the London market to the NY market, there was a gradual movement, but
as 22:30 approached, there was a huge move with a clear directional shift, as can be seen on the chart.
As expected, after the indicators, it is difficult to predict whether the price will fill the abnormal gap or keep moving in that direction driven by momentum.
However, that is only a matter of discretion, and if trading without discretion, entries are made regardless.
After the indicators, there were many fakes, and small losses accumulated in a streak of losses.
However, just when the trend direction started to solidify, the entries aligned, and a long-entry offset the losses.
The day ended with small profits, and we finished the week nicely in the positive.
What I want to tell everyone is that with no discretion, you should fix the monitoring time and enter all trades for a full week.
To avoid regrets such as missing big opportunities during times you didn’t act, or losing when you shouldn’t have,
and similar what-ifs.
If you have decided to stop using discretion and trade with no discretion, make this a firm rule.
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