Marshmallow Market Analysis 1023 - Draw In and Strike! Draw-In Technique Revealed ~

Greetings everyone

This is Marshmallow.

【Yesterday's Review】

Yesterday, many of you may have entered when the price reached the entry point. However, as a result, EUR/USD exhibited low volatility and hardly moved up or down. In the end, many probably finished with very small profits or very small losses. Here, I would like to reiterate that it is preferable to close positions within the day without holding them overnight.

The FX market consists of four trading sessions: the Asia-Pacific (Oceania) session, the Tokyo session, the European session, and the New York session. Therefore, the validity of yesterday's analysis is considered to extend up to the final session, the New York session. And as we are now at October 23, there is analysis appropriate to that day, and today’s analysis is believed to be more likely to match today’s price movements than yesterday’s analysis.

【Today's Market Commentary】

We are still analyzing what to do with EUR/USD among several investment targets, but in conclusion, today’s market is extremely challenging. Therefore, today we want to approach the market with a mindset of waiting for a setup. While we normally refrain from acting when things are unclear, I hope you will view the available options on how to respond in an unclear market as a reference.

Thank you for your hard work this week. Today is the last day of the week, so let’s stay focused and push through together until the end! And as always, thank you for your continued support today (・ω・)

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