Market commentary on marshmallows 1006 ~ Easy contrarian bets are NG / Today’s analysis is easy! ~
Ladies and gentlemen, good day
I am Mashmallow.
【Yesterday's Recap】
Yesterday, I spoke about a buy strategy for EUR/USD, and due to many uncertainties, not entering the trade was also an option. I think nearly everyone who could have entered would have earned a profit.I would like to share a bit about what I mentioned on Twitter this time.
【Investing Beginners: No-Reason Reversal Trading NG】
At 22:22 yesterday, I tweeted that you should not sell EURUSD at the price movement ofEURUSD1.17694. By 23:06, it rose to1.17943,rising by about 25 pips. I think you can see this clearly.
★ Those who sold here ★
・Cannot explain what the basis was for selling
・Just sold because it seemed high
I think beginners are often more prone to trading on vibes like this. For those who have been trading without any basis, I will explain why I made this judgment and how to respond to EURUSD today when it is still in a high range, so please take a look.
【Today's Market Commentary】
With news of President Trump's discharge, the market is moving into risk-on again, and stocks and currencies are trending risk-on. Regarding EURUSD, it has risen yesterday, but today I believe the trading decision can be made very simply in terms of analysis. My strategy for EURUSD is…
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Well then, I look forward to working with you again today as well V(*^▽^*)V