[June 6] 30-second Gold No-Discretion Scalping Trade Result
Details of 30-second GOLD discretionary-free scalping here
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June 6 trade.
21:30
United States Employment Statistics May [Non-Farm Payrolls MoM]
21:30
United States Employment Statistics May [Unemployment Rate]
21:30
United States Employment Statistics May [Average Hourly Earnings MoM]
and related indicators ahead.
The employment statistics are among the important indicators with relatively small volatility and require caution.
Trades were made taking those into account.
There hasn't been a large move since the Tokyo market.
Although it is gradually rising, it does not show signs of breaking the recent highs and lows, and remains calm after entering the London market.
Similar to yesterday, it also looks like a pattern that could explode in the NY market.
Even after entering the NY market, there was no major movement, but the equilibrium was broken by the 21:30 economic indicators.
We monitored the chart after getting past this indicator, but it dropped rapidly and volatility increased again.
The market momentum remained strong, with wins and losses alternating, but stop losses were larger than usual.
I worried how far it would fall, but after a bottom formed and rebounded, I was able to enter a buy and finish in the positive for the week overall.
This week was quite tough, but I managed to get through it somehow.
However, with a sharp downside break, it is necessary to carefully determine whether this is a sign of a trend reversal or merely a pullback in an uptrend.
Thank you for your hard work this week.
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