Market commentary on marshmallows 1004～This week's market commentary: The beginning of a volatile market～

Hello everyone

This is marshmallow.

Regarding this week's market commentary,

first, an introduction to important economic indicators and events

【This week's economic indicators and events】

Mon 10/5 23:00 US - ISM Non-Manufacturing PMI

Tue 10/6 12:30 Australia - RBA policy rate decision and statement

(Tue) 17:35 & 22:00 EU - Lagarde ECB President remarks

(Tue) 23:40 US - Powell remarks

Wed 10/7 21:10 EU - Lagarde ECB President remarks

(Wed) 27:00 US - FOMC minutes release

Thu 10/8 16:25 UK - Bailey Bank of England Governor remarks

(Thu) 20:20 EU - ECB Governing Council minutes release

Fri 10/9 - China - Spring Festival holiday

We aim to avoid forcing trades around these important indicators and officials' speeches, and to manage positions to minimize the gambling element in the market.

Additionally, this week is likely to see fluctuations as US President Trump’s health status evolves.

【This week's POINTS】

News about President Trump’s progress is likely to flood in from all directions!

Therefore, volatility in the market is expected. Considering the year as a whole, it may be prudent to observe without entering any trades this week.

However, we understand that many traders want to take positions.Thus, as this week's strategy,be sure to set both stop loss and take profit at a 1:1 ratioto ensure you can capture the market's LUCKY or UNLUCKY moves at 50%:50%.

It is often said that stop loss is more important than take profit, but

I do not agree with that. I believe stop loss should be set together with take profit, so that the benefits of a stop loss are realized. Not pre-setting take profit means you are refusing to realize profits and exposing yourself to losses.

In trading, entry and exit, and exit with stop loss and take profit, are the two essential exits that must exist for the strategy to work. So, if you have not been trading well in FX, please predefine your entry to stop loss to take profit rules, challenge the market, and see if you can follow the rules.

【Video Commentary】

In this week's video commentary, we will explain what to base entries on, or when not to enter, and we will use several indicators to present numbers clearly so that you can set your own consistent rules, without vague language, so you will understand,

『No entry rules』

『I don't know what to base the entry rules on』

『I just enter without thinking』

If there are any of you who fall into these categories, we will discuss these points, so

please consider registering as a member.

【Lastly】

It looks like a volatile week ahead, but even in that turbulent week, if we keep the market within our expected range, we can control the market rather than being controlled by it, and trade with an edge over other market participants.

So this week as well, thank you for your continued support (≧▽≦)!!

Marshmallow

※ Marshmallow's Twitter

We also provide free early distribution,

so please consider following us.

Account:https://twitter.com/mashioka777

【Note】

This message (including the video) is for information purposes only and does not constitute investment advice.

It only reflects personal opinions and is not definitive. It also does not promote investment activities, so please make your own final judgment.

We are not responsible for any damages arising from this information.

We do not have an obligation to correct or notify any changes in opinions or numerical inaccuracies, so thank you for your understanding.