Market Commentary on Marshmalloの相場解説0922~相場における確実な優位性の存在~ Note: The original contains Japanese text and a mix with English "Marshmallow" likely intended as "ましゅまろ" romanization. If you want a precise translation of the Japanese portion only, it reads: "M
Hello everyone
This is Marshmallow.
I will provide today's market commentary.
The reason why FX beginners lose in FX is that they tend to choose trades that are prone to losses.Because they often pick trades that are easy to lose
To state the conclusion first, FX beginners tend to focus on win rate and tend to select mean-reversion trades with small gains and large losses.
As I often say, in FX, to win more easily, you should adhere to trend-following trades, and
it is easier to manage profits if you do not push the win rate too high.
【Trend-following is advantageous in trading】
I will explain that point.
When analyzing tick data instead of the five-minute or one-minute candles that everyone watches in past markets,
we find that ticks that moved up are more likely to move up again next, and ticks that moved down are more likely to move down again next. In other words, the movement is more likely to continue in the same direction than to reverse.
※Of course, contrarian and high-risk–high-reward strategies also have merits and can win.
【Judgment aligned with trading style】
Therefore, when scalping, day trading, or swing trading, it is most important to determine the trend on the time frame that best fits your trading style. This judgment itself has been disclosed to paying members, andwhether I perform it or you perform it, it is always done with a no-discretion judging method to ensure the same judgment is possible.
【Today's Market Commentary】
So, today's market commentary
Unlike yesterday, I believe the judgments are very easy today.
Today's EURUSD trend-following judgment and resistance band judgment are as follows.