[August 14] 30-second Gold No-Discretion Scalping Trade Result
Details of 30-second GOLD discretionary-less scalping here
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This is the trade on August 14.
21:30
United States - Initial Jobless Claims 07/27 - 08/02 [Continuing Claimed]
21:30
United States - Producer Price Index (PPI) July [MoM]
21:30
United States - Producer Price Index (PPI) July [YoY]
21:30
United States - PPI for July [Core, Ex Food & Energy, MoM]
21:30
United States - PPI for July [Core, Ex Food & Energy, YoY]
21:30
United States - Initial Jobless Claims 08/03 - 08/09
and other indicators are in store.
Volatility and significance are not extremely large, but they coincide in the same time window, so caution is necessary.
Trade with that in mind.
prices rose gradually to a new high, and even in the Tokyo market on the 14th, a new high was reached, but it has since retraced significantly.
Conversely, in the London market there was a sharp drop, breaking the previous low.
Also, at the point where it was stopped at support, we enter the New York market.
It fell, but recovered and lingered in a range, and I encountered several false breaks.
Later, when it broke out from the range, I entered, resulting in a near-50-pip big trade.
However, after this movement, volatility increased and the market became unstable.
In the end, the decline was temporary and it has since been trading in a range.
The market continues with extreme moves and is difficult, but I’m glad to have had a significant win.
Obon holidays are almost over, but let’s continue to enter calmly without discretion.
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