[September 4] 30-second Gold No-Discretion Scalping Trading Result

This is the trade on September 4.

21:30
United States – Initial jobless claims 08/17 - 08/23 [Continuing claims]

21:30
United States – Nonfarm business productivity (Preliminary) Q2 [Nonfarm business productivity, QoQ]

21:30
United States – Nonfarm business productivity (Preliminary) Q2 [Unit labor costs QoQ]

21:30
United States – Initial jobless claims 08/24 - 08/30

21:30
United States – Trade balance July

22:45
United States – PMI (Purchasing Managers’ Index, Preliminary) August [Non-manufacturing PMI, Preliminary]

22:45
United States – PMI (Purchasing Managers’ Index, Preliminary) August [Composite PMI, Preliminary]

23:00
United States – ISM Non-Manufacturing Index August

The range of fluctuation isn’t very large, but important indicators are concentrated in the same fleet, so caution is required.

Trading with that in mind.

Gold had risen sharply yesterday as well, so it is necessary to determine clearly how far that will continue.

On the Tokyo market of the 4th, it failed to push to a new high and fell significantly to new lows.

This can be seen as forming a large correction, but we must also consider that the trend may have been broken for the time being.

Although it is gradually rising, there hasn’t been a substantial advance, and the early Tokyo market saw a large drop, so in the latter half the moves may be small as we approach the NY market.

As expected, it became a trendless market.

Sudden moves → range → sudden moves repeatedly, making it a market without clear entry points.

With both buying and selling views changing rapidly, timing for entries is difficult, and it is hard to meet entry rules, leading to very few entries.

Even in such a market we still turned a profit, which is reassuring and reinforced that our entry rules are well-founded.

Let’s continue to enter trades in a disciplined, non-discretionary manner.

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