Māshumaro no sōba kaisetsu 0924～Torendo hassei shite ite mo kau koto mo uru koto mo kanō～

Hello everyone

It's marshmallow.

I will provide today's market commentary.

Because yesterday followed the strategy,

many of you may have been able to lock in profits.

I was able to trade without stress, so it wasn’t the result that mattered, but the enjoyable experience along the way.

Yesterday’s results

On Twitter, we also do live broadcasts of trades in this public account, so

please follow us.

Twitter account

Now, about today,

first, please take a look at the image below.

What is displayed here are the EURUSD 1-hour charts from the past few days.

When you look at this chart, anyone can determine this is a downtrend.

However, because it has fallen significantly in the past few days, some may think it is cheap (oversold) and want to buy.

But what criteria do we use to judge oversold?

For some people,

- divergence rate of moving averages

- using oscillators to determine oversold levels

- checking based on price range

and so on, there are various methods of judgment.

So today, I will explain what kind of buy/sell decision I would make regarding this EURUSD,

from both the buying and selling perspectives.

Additionally, I will tell you which of the two I would choose and how I would approach today's market.

With that in mind, this is today's market commentary,

it’s clear that EURUSD is in a downtrend.

What I think about EURUSD today is...