[April 16] 30-Second Gold No-Discretion Scalping Trade Result
Details of 30-second GOLD discretionary-free scalping here
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This is the trade on April 16.
21:30
U.S. Retail Sales March [MoM]
21:30
U.S. Retail Sales March [ex Auto Core MoM]
and so on are ahead.
This indicator, in particular, has a very high volatility and importance, so be careful trading during this time window.
On the 15th GOLD moved little, but on the 16th it moved sharply.
If the previous high is breached during Tokyo time, the momentum continued to push higher in London and NY as well.
Even looking back recently, prices have surged quite a lot, showing the abnormality of recent GOLD movements.
From the Tokyo to London markets there was significant movement, so the NY market entered a pullback and the momentum slowed.
Nevertheless, volatility remains large.
As momentum slows, it entered a range, and you can see more entries than usual.
Indeed, when there are many entries, more unnecessary losses can occur, but this is non-discretionary, so there’s nothing to be done.
However, the ability to stay positive with small losses and large profits is a major advantage.
Let’s continue entering calmly in a non-discretionary way at this pace.
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