Market commentary for the marshmallow price range 1001–October strategy, today’s market looks easy (*^▽^*)~
Good day to everyone
I am Marshmallow.
Yesterday's day trading and scalping reference image (real account)
From yesterday's review,
yesterday had month-end and economic indicators released from 21:00, and I did not trade in the latter part of the day. From my many years of experience, there are more cases where it's better not to act out of fear.
I consider trades without basis to be gambling, and I think the same when there are many uncertainties.
Now about this month's trades, with the US presidential election coming next month, I think it's not surprising if the market experiences sudden moves.
Therefore, for a month-long strategy, I plan to either enter with narrower take-profit and stop-loss ranges and higher lot size, or conversely widen the stop-loss and take-profit ranges to avoid noise and trade with smaller lots.
Now, let's begin the explanation (;・∀・)
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Account:https://twitter.com/mashioka777
With that, I look forward to your continued support today as well ( ˘•ω•˘ )!
Now, for today's market analysis for members,
I would like to construct a buying strategy for EUR/USD based on several pieces of evidence.
In addition to the resistance band we always use, the Marshmallow Line, a new resistance object will also appear today, so please fully enjoy the strength of this resistance band in the market.