[April 30] 30-second Gold no-discretion scalping trade result 0
Details of 30-second GOLD discretionary-less scalping here
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These are trades from April 30.
April is ending and May starts tomorrow.
Though it's mid-holiday, let's continue to focus on trading.
21:15
U.S. ADP employment change April [previous month]
21:30
U.S. Employment Cost Index Q1 [quarterly percent change]
21:30
U.S. Real GDP (preliminary) Q1 [Real GDP, annualized rate]
21:30
U.S. Real GDP (preliminary) Q1 [Personal consumption, annualized rate]
21:30
U.S. Real GDP (preliminary) Q1 [GDP deflator, annualized rate]
During this time period, there are indicators with large volatility in importance, so be careful.
Trades should be made with these in mind.
GOLD has not had a clear direction for a while, but it is gradually forming a triangular consolidation pattern with rising lows and rising highs.
The question remains where it will break, but in yesterday's London session it broke downward.
It was retraced for a while, but the break to the downside has become a catalyst, increasing selling pressure.
With that backdrop we enter the New York market.
The consolidation breaks, and selling forces and buying forces trying to push it back alternate, creating a large zigzag in the price.
The momentum was so strong that there weren't many entry opportunities in the latter part, but early on we went 2-1 and clearly came out ahead.
Even during holidays, we can continue to win, so those who can monitor the chart should actively aim for trades.
With this pace, let's continue to enter without discretion calmly and steadily.
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