Market commentary on marshmallows 0927 ~ This week I want to focus on this to approach the market ~
Hello everyone, nice to meet you
I am Mashumaro.
A week has passed since I started providing market analysis.
I am extremely happy that so many people participated, more than I imagined.
Thank you very much (*'ω'*)
Although the FX market has not moved yet,
I would like to briefly mention the key points of this week's market analysis.
Displayed here is the EUR/USD daily chart.
I have displayed a few key points for your reference, so I would be grateful if you could take a look.
Point 1
There is a possibility that the long-established rising trendline was broken.
Point 2
The uptrend has continued, and after that a daily-level box was formed, but
there is a possibility that the box was clearly broken below for the first time last week.
Point 3
From Points 1 and 2, a downtrend may be forming, but as shown on the right side of the diagram, it has dropped about 4000 pips from the recent high, so isn’t it too much of a sell-off? Or not?
Point 4
As an important economic indicator and key speaker statements
The debate with President Trump will be held on Wednesday, 9/30
If you are an FX trader, or if you want to increase your profits in FX, I think Points 1–4 are essential to grasp.
【Mashumaro's Market Analysis & Video Analysis Content Preview!】
So in this week's market analysis, I will touch on Points 1–4.In addition, as requested by our member followers, I would like to provide an exclusive video explanation for how I use day trading and scalping.
We will continue to provide market analysis for free this week as well, but there are some topics that are discussed only with paid members, so if you are at all curious, please consider registering as a member.
Monthly fee: 3,980 yen
1 day: 3,980 ÷ 30 (days) =about 132 yen!!
As someone who has actually managed real money as a trader and experienced the ups and downs of the market, I will speak candidly about the truth of the market, and I will strive to deliver more than about 132 yen of value per day, so please consider it.
Now, I look forward to another week with you all. Thank you very much!