Trade Commentary 3
● Key Points to Win
First, in Verification Modewatch everything around the zone, near the zone, after breaking the zone, and after rebounds. Basically, I don’t use much micro-discretion, but if you want to avoid losses or level up, keep the following in mind.
・The market has swings
Rather than a choppy range-bound market, prefer a market with clear upward and downward movements. Sell high, buy low. Look to sell after it rises, and to buy after it falls.
・Near the zone or after breaking the zone, confirm a strong bullish candle(for buying)
If buying, confirm the support halt, and if selling, confirm the resistance halt. For example, long lower wicks on a pin bar or a doji. When the reverse trend is strong, it’s safer to take a small pause.
・Smaller stop losses
When buying, target a distance not far below the lower wick of the preceding candle, so that the stop loss is small. Alternatively, if the price moves against you, you may cut early.
※ Note that the win rate is simply the result of optimization and does not guarantee future market conditions.
For other basic rules and how to use the indicators, please refer to the course. Thank you.