[July 2] 30-second Gold No-Discretion Scalping Trade Result
Details of 30-second GOLD discretionary-free scalping here
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July 2 trade.
21:15
United States ADP Employment Change June [MoM]
23:30
United States Weekly Petroleum Status Report 06/21 - 06/27 [Crude Oil Inventories; QoQ]
23:30
United States Weekly Petroleum Status Report 06/21 - 06/27 [Gasoline Inventories; QoQ]
23:30
United States Weekly Petroleum Status Report 06/21 - 06/27 [Distillate Oil Inventories; QoQ]
In particular, 21:15 United States ADP Employment Change June shows a very large volatility, so it might be better to refrain from trading during this time.
Trading based on that consideration.
Yesterday rose significantly and surpassed recent highs.
Also, with the high on June 26 updated, the trend has become unsettled.
Just because yesterday rose sharply does not mean you should easily place buy entries right away.
Also, after yesterday’s big move there has been little movement in the Tokyo market.
There is no clear direction and the range-bound market continues, and the same continues in the London market.
The New York market opens, it rose slightly, but there is no move large enough to push to a new high.
After briefly updating the Tokyo time high, it then gradually declined.
The quick drop after catching a temporary rise was skillfully avoided.
Afterward, it settled into a bottom-range and although there were false breaks, once movement resumed it aligned well and we managed to stay ahead.
Price movement is quite sluggish, so I’m curious what will happen tomorrow, but don’t let the big trend mislead you; enter calmly with no discretion.
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