Explanation of Marshmallow Market 1018 ~ This Week's Market Commentary · The Past Is Easy, The Future Is Difficult ~
Hello everyone
This is marshmallow.
【This Week's Economic Indicators & Events】
Mon 10/19 at 21:00 - Powell's remarks
Mon 10/19 at 21:45 - Lagarde, ECB President's remarks
Tue 10/20 at 9:30 - RBA minutes release
Wed 10/21 at 15:00 - UK CPI & core CPI
Thu 10/22 at 27:00 - US 20-year bond auction
Fri 10/23 at 18:25 - UK Bailey, Bank of England Governor's remarks
21:30 - US Initial Jobless Claims
In the presence of important indicators or statements by key figures, we will refrain from forced trading and instead manage positions to reduce the gambling-like elements of the market as much as possible.
【Last Week in Review】
I displayed the EUR/USD price movement for the past week. At any given moment, moves could swing wildly due to important speeches or economic releases. Yet in retrospect, a clean downtrend formed, and if you entered when oscillators showed overbought conditions, entry points turned out to be appropriate and profits fairly easy to obtain.
【Marshmallow Market POINTS】
I want everyone to approach the market with the utmost caution, so I will reiterate the following: Looking back to see whether the market went up or down is very easy, but the market we face is like an irregular living thing that no one can predict. It’s very easy to say in hindsight, “If I had sold here, it would have been easy,” or “I should have sold because the oscillator was high.” However, in this Marshmallow market commentary, we are providing analysis for a future perspective, not the present where results have already occurred. We will of course analyze the past, but more importantly, to help you face the market and win consistently, we perform ongoing or near-future analysis to secure more than 1% edge, aiming not for a one-off win but to continue winning more sustainably and to enrich life a little by using the market and FX.
A new week has begun, and this week, we will calmly and objectively analyze the market to be of help to you as much as possible, so thank you for your continued support this week as well.
【This Week's Video Commentary】
In this week's video, we will select and publish answers to questions we have received from you all. The points where beginner investors typically stumble or have doubts can be informative for other beginners as well, so we hope you will watch.
※ If you have questions, please submit them by Tuesday 10/20, and we will explain them in the video.
And now, please continue to support us this week as well (#^.^#)
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