[August 21] 30-second gold non-discretionary scalping trade result
Details of 30-second GOLD No-Discretion Scalping here
+++++++++++++++++++++++++++++++++
This is the trade from August 21.
21:30
U.S. Initial Jobless Claims 08/10 - 08/16
21:30
U.S. Philadelphia Fed Business Outlook Index August
22:45
U.S. PMI (Purchasing Managers' Index, flash) August [Manufacturing PMI, Flash]
22:45
U.S. PMI (Purchasing Managers' Index, flash) August [Non-Manufacturing PMI, Flash]
22:45
U.S. PMI (Purchasing Managers' Index, flash) August [Composite PMI, Flash]
23:00
U.S. Leading Economic Index July [MoM]
23:00
U.S. Existing Home Sales July [Existing Home Sales]
23:00
U.S. Existing Home Sales July [Existing Home Sales, MoM]
As such, several important indicators with large variance in importance are coming up, so caution is needed.
Trades are made with that in mind.
In yesterday's NY market, the recent high was broken and the trend collapsed.
From here it remains to be seen whether it will push up the lows, but even when the Tokyo market opens, there is no major change.
Prices temporarily rise to a high but then fall, and even if the trend breaks, there is a possibility of a continued downtrend due to a whipsaw.
It has continued to fall steadily, and has dropped even more in the London market.
However, at the support on the 19th it bounced back and entered the NY market after a strong rebound.
From the London market, the rally and long-entry aligned, starting with a favorable moment, but a plunge occurred with enough momentum to open a gap.
This caused a drop of more than 70 pips at 22:45, a large drop that negates the previous rise.
As a result, the previous market conditions were reset and the sense of direction became completely chaotic.
After trading in a range, it gradually rose, but then rebounded again at the price of the sudden drop, showing a large resistance level here.
The market was unsettled by major indicators over the weekend, making it difficult, but it seems we managed to hold with only a small loss.
There are no major indicators tomorrow yet, but we hope to rebound somehow.
Continue to enter calmly without discretion.
*＊*＊*＊*＊＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊*＊
