Trade Commentary 2
● Points to Win
First of allin verification modelook at everything around the zone, just after breaking the zone and when you recoil. Basically, there isn’t much fine-grained judgment, but if you want to avoid losses or level up, keep the following in mind.
・Markets have volatility and clarity
It’s better to have a market with clear moves up and down, not a range-bound, messy market. Sell at high points and buy at low points. Aim to sell after a rise and buy after a drop.
・Confirm a strong bullish candle near the zone or after breaking the zone(for buying)
If buying, confirm a stop in the downward direction and for selling, a stop in the upward direction. For example, long lower wicks on a pin bar or a doji. When the reverse trend is strong, a one-step cushion is safer.
・Tighter stop losses
When buying, target a stop loss that isn’t far below the lower wick of the candle before the signal, so the stop loss width becomes smaller. Alternatively, you may cut losses early if the price moves against you.
※Win rate is merely the result of optimization and does not guarantee future market conditions, so please be aware.
For other basic rules and how to use indicators, please refer to the course. Thank you.