[December 16] 30-second Gold No-Discretion Scalping Trade Result
Details of 30-Second GOLD Discretion-Free Scalping here
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This is the trade from December 16.
At 22:30, the US, New York Fed Manufacturing Index for December is due.
It’s Monday, but considering there are indicators, it feels like year-end is approaching.
GOLD has gradually risen from the Tokyo market to the London market, but then declined in the New York market.
In the long term, this rise was a short-term retracement Wave 4; will it become Wave 5 from here, or will it turn? This is something to watch.
There was a good opportunity to ride the downtrend in the NY market and place a sell entry.
However, perhaps there wasn’t a strong pullback, and the entry rules didn’t align well, so it was a day with relatively few entries.
On the flip side, it also means we were able to avoid traps reliably, so stay calm and follow the rules consistently.
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