[June 4] 30-second Profit GOLDS No-Discretion Scalping Trade Result
Details of 30-second GOLD discretionary-free scalping here
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Trade on June 4.
21:15
United States ADP Employment Change May [MoM]
23:00
United States ISM Non-Manufacturing PMI May
23:30
United States EIA Weekly Petroleum Status Report 05/24 - 05/30 [Crude Oil Stocks: Week Overall]
23:30
United States EIA Weekly Petroleum Status Report 05/24 - 05/30 [Gasoline Stocks: Week Overall]
and other indicators are forthcoming.
In particular, the 23:00 indicators carry higher importance and require attention.
Trades are made with these in mind.
There is not much movement in the Tokyo market.
Initially rose, but did not reach the previous high, and has entered a range-bound market.
There is little movement in the London market as well; it did not test the lows and has stayed calm as it enters the NY session.
Even after entering the NY session, there is not much movement; attempts to push to new lows are met with support, leading to a string of losses.
However, the range break begins, and the timing of a strong rise aligns with entry rules, resulting in a long entry that surged, becoming a big trade.
After a partial exit, another long entry occurred, aligning with a further rise, enabling more than 100 pips to be captured.
Thus, this day not only recovered the early losses but turned into a significant day that offset the week's losses.
However, this is purely coincidental; in reality, profits accumulate steadily through small losses and large gains by trading without discretion and sticking to the rules, without emotional fluctuation.
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