[August 6] 30-second gold scalping trades without discretion results
Details of 30-second GOLD No-Discretion Scalping
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This is the trade from August 6th.
20:00
U.S. MBA Mortgage Applications Index 07/26 - 08/01 [MoM]
23:30
U.S. Weekly Petroleum Status Summary 07/26 - 08/01 [Crude oil stock, MoM]
23:30
U.S. Weekly Petroleum Status Summary 07/26 - 08/01 [Gasoline stock, MoM]
23:30
U.S. Weekly Petroleum Status Summary 07/26 - 08/01 [Distillate stock, MoM]
and other indicators are forthcoming.
While not with large importance or large fluctuations, they are worth noting.
Trades are made with these in mind.
There was a brief pullback on the 5th and highs were also updated, but the period was short and the wave pattern isn’t very clean.
The Tokyo market on the 6th also lacked direction and stayed in a range.
There was little movement in the London market as well, but as on the 5th, sharp moves in the NYC market are expected.

Even after crossing into the NY market, there is no momentum.
At first glance it looks like a clean ascent, but there are no clear pullbacks and entry rules don’t align, making it hard to find opportunities.
We cannot say it will rise to new highs; it may be entering a ranging, corrective phase.
A single-entry small loss gives no big opportunities compared to before, indicating the market remains challenging.
There is nothing to do but endure; rather than thinking "I never win," reframe it as "I didn’t lose much."
Continue entering without discretion, calmly and steadily.
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