[July 15] 30-Second Gold No-Discretion Scalping Trade Result
Details of 30-second GOLD non-discretionary scalping here
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This is the trade from July 15.
21:30
United States Consumer Price Index (CPI) June [Year over Year]
21:30
United States CPI June [Core, Excluding Food & Energy, MoM]
21:30
United States New York Fed Manufacturing Index July
is ahead of us.
With very high volatility and importance, it may be wise to refrain from trading during this time.
Trades are based on these considerations.
Because the recent low was updated on the 14th, the trend has not yet been determined in direction.
Moreover, on the Tokyo market on the 15th, there was another attempt to update the low, but it was repelled for the time being.
From there, it rose toward the London market but could not make a new high and stayed in the same price range for a long time, and it entered the NY market when it fell.
The downward momentum was tremendous, at first leaving us with no choice but to observe, but the rebound in ascent was also large because of that.
On the long-term chart, a long lower wick formed, and I aimed to enter there, but it did not align with the rules easily.
After the rebound, it entered a range, and once again there were few opportunities, but I managed to gain nearly 20 pips on the breakout of the range, a narrow victory.
Whether it is a downtrend or a pullback in an uptrend is a difficult market to judge, but even so, it remains slightly profitable, so let’s count it as good.
Continue to enter calmly and steadily without wavering.
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