[June 11] 30-second Gold No-Discretion Scalping Trade Result
Details of 30-second GOLD No-discretion Scalping
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This is the trade from June 11.
23:30
United States Weekly Petroleum Status Report 05/31 - 06/06 [Crude oil inventories, WoW]
23:30
United States Weekly Petroleum Status Report 05/31 - 06/06 [Gasoline inventories, WoW]
23:30
United States Weekly Petroleum Status Report 05/31 - 06/06 [Distillate stocks, WoW]
and other indicators are ahead.
Be cautious during this time.
Trades are based on these factors.
Tuesday also saw a new high once, gradually showing a rising pattern.
The market crossed into Wednesday Tokyo session with buying pressure strong, lifting the lows, so I will shift to a long bias from a longer-term perspective.
Then in the London market, as it neared yesterday’s high price zone, it briefly bounced and led into the New York market.
After the bounce, it rose again aiming for a new high.
However, around 21:30 it surged briefly by about 200 pips at once.
But it was temporary, and it bounced back again, filling that gap by falling.
The downward momentum was strong, and volatility increased momentarily.
A long bearish candle stood out, and there was a consensus to enter selling, allowing a quick pip gain.
However, afterwards there was no clear direction, and it slowly rose again following the original uptrend, but the chart looked messy and did not align well with entry rules, ending with fewer entries than usual.
Nevertheless, we’re clearly ahead, so the lower number of entries shouldn’t be a major concern.
Even a high win rate is meaningless if profits aren’t on hand, so ensure you don’t confuse what is most important.
Continue to enter trades calmly and without discretion at this pace.
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