[August 11] 30-second gold no-discretion scalping trade result

This is the trade from August 11.

Some of you may already be entering the Obon holiday.

There were no particularly notable indicators.

This trade takes that into account.

Last Friday, the long-term chart showed an ugly market with long consecutive bearish and bullish candles alternating.

From this, you can see that buying and selling forces were clashing.

From the 5th, market movement slowed and a triangular consolidation formed, so a breakout could be around the corner.

In the Tokyo market on the 11th, it broke sharply to the downside beyond the lows.

It paused briefly in the London market, but then it dropped even further.

At this point, it had already fallen more than 300 pips, and it entered the New York market where the question was where it would find support.

Because it dropped sharply in the first half, momentum was weaker in the second half of the New York market.

Even so, selling pressure remained strong, and there was no clear rebound.

There were few entry opportunities, and the day ended.

Because it broke the major low, the trend was broken, but it remains to be seen whether it will clearly shift to a downtrend from here, so it warrants attention.

Continue to enter without discretion and with calm consistency.