Market commentary on marshmallows 1022 ~ How to survive more persistently in the market ~

This is Marshmallow.

【Yesterday's Review】

From yesterday's market commentary, EURUSD was in an uptrend according to the analysis, and it indeed rose as predicted. However, it did not come back to the price band where we should have entered, and continued rising. But this is common in markets, and looking back, there are endless reflections about how it would have been explosive if we had entered at a 1PIP entry point, etc.

Now, let me tell you what we should have done yesterday.

Conclusion…

Not entering and following the rules, which would have resulted in not entering, I believe this is correct.

※By correct here, we mean continually making profits over the long term.

If you are okay with earning profits for only the next 2–3 months and then possibly ending up in a negative, you may break the rules, but…

Reason:

Yesterday we bought EURUSD and it rose, but next time it might go down, and no one can know for sure.

Therefore, buying or not buying by feeling will prevent reproducibility in trading, making it difficult to maintain a system with an edge forever.

Therefore, as always, please establish an edge-generating set of rules and keep implementing those rules. Of course, adding discretionary elements can be good, but I think it’s better to do so after you have become capable in the market and gained substantial experience. If you survive in the market, your actual market skills will surely improve!

【Today's Market Commentary】

Now for today's market commentary, since the market has risen for several days without much pause, I would like to explain how to interpret this reality.

Trend continues?

Reversal?

Pullback?

……

With that, let's conduct an objective market analysis today as well and work hard together!!

Thank you for your continued support today as well (*^▽^*)

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