[July 17] 30-second Gold No-discretion Scalping Trade Result
Details of 30-second GOLD discretionary-free scalping here
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Trade on July 17.
21:30
United States Retail Sales June [MoM]
21:30
United States Retail Sales June [Core, Ex Auto, MoM]
21:30
United States Import Price Index June [MoM]
21:30
United States Import Price Index June [YoY]
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United States Export Price Index June [YoY]
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United States Initial Jobless Claims 07/06 - 07/12
and other high-importance indicators are concentrated, so it’s advisable to refrain from trading during this time.
Trades are made with those considerations in mind.
Recently, abnormal price movements have continued around midnight.
There have been movements that negate previous price action, and such uncertainty may cause some traders to hesitate even in the NY market, don’t you think?
Although there was abnormal movement on the 16th, overall it was a temporary rebound within a downtrend, and the trend seems to continue.
Trading in the Tokyo market on the 17th also continued selling, and the London market followed with a decline.
That momentum shows no signs of stopping and is sinking in one-sidedly; when it pauses, a range with some competition is feared.
The market that had been falling relentlessly was sharply bounced back in the NY market and has turned to a strong rise.
Momentum is strong and entry opportunities are hard to come by.
In this case, the only option is to stay on the sidelines.
There was a point where the buy trend and buy entry aligned, but it couldn’t extend much.
However, this is also a rule, so it can’t be helped.
Managed to close with a small profit.
This week the market has been difficult, but we must endure somehow.
Keep this pace and continue to enter trades calmly without wavering.
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