[May 30] 30-Second Gold No-Discretion Scalping Trade Result
Details of 30-second GOLD No-Discretionary Scalping
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This is the trade on May 30.
21:30
United States - Personal Income and Expenditures 04/ [PCE Personal Consumption Expenditures - Month over Month]
21:30
United States - PCE Price Index 04/ [PCE Price Index - MoM]
and other indicators are due.
The range of movement is not large, but since they cluster in the same time frame, there may be unexpected impacts, so caution is needed.
On the 29th, the lows were stepped down, but the highs did not step down, so it cannot be said to be a downtrend.
However, since the start of this week selling pressure has been strong, I am curious whether it will clearly decline from here, or whether this is a temporary pullback within an uptrend.
In the Tokyo market it has been declining all along, and it stopped declining in the London market.
This hits the support level that has been in focus for the whole week, and it remains stagnant near that area as we move into the New York market.
As you can see from the chart image, there is a general tendency toward strong selling.
I was watching right as the support broke and it dropped sharply; this perfectly matched the entry rule, and the short entry captured a substantial number of pips.
Also, with volatility returning, this big trade more than offset the small loss from the early part of the week, finishing the week in profit.
This happened by chance, but while clearly seizing such opportunities, remember that achieving all-wins without discretion is unrealistic, so proceed with entries calmly and without emotion.
Thank you for your hard work this week as well.
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