Market Commentary on Marshmallows 0921~Market Advantage and Resistance Zone in the Market~
Ladies and gentlemen, good day
I am Marshmallow.
From today, I will be sending you market commentary.
First, I would like to share two things I can do in daily market commentary.
➀ To convey the market direction and key resistance zones
➁ To convey the market sense as a real trader based on my experience
➀
As I noted separately, if you set risk-reward (stop loss: take profit) at 1:1 and trade accordingly.
If your win rate is 51% and you have even 1% edge over the market, you can win in the market.
Therefore, in this market commentary I will also display the resistance band that may be a turning point in the market along with the strength or weakness,
with the aim of achieving an edge of more than 1%.
➁
The factors that affect the market, such as the day of the week or time of day, economic indicators, and statements by important figures, vary from time to time.
Therefore, from my experience, I would like to daily share points to watch and how to behave when facing real market conditions.
【Today's Market Commentary】
Now, without further ado,
I will present today's market commentary.
From today, I will use this chart pattern to provide explanations.