Trade Commentary 4
● Points to Win
Firstin verification modewatch everything around the zone, around the zone, and after breaking the zone and when you rebound. Basically there isn't much fine discretion, but if you want to avoid losses or level up, keep the following in mind.
・Markets with clear movements
Not a messy range-bound market; a market with clear up and down movements is preferable. Sell high and buy low. Aim to sell after it has risen, and aim to buy after it has fallen.
・Confirm strong bullish candles near the zone or after breaking the zone(for buying)
If buying, confirm a bottoming tail and if selling, confirm a toping tail. For example, long lower wicks in a pin bar or a marubozu. Especially when reverse trends are strong, a small pause can be safer.
・Smaller stop-losses
When buying, aim for a distance not far below the lower wick of the candle before as a guide, so the stop-loss width becomes small. Or if the price moves against you, you may exit early.
※Win rate is the result of optimization and does not guarantee future market conditions, so please note.
For other basic rules and how to use indicators, please refer to the course. Thank you.