Trade Commentary 7

● Points to Win

First,in verification modelook at everything around the zone, near the zone, after breaking the zone, and the counter moves. Basically, I don’t apply much discretion, but if you want to avoid losses or level up, keep the following in mind.

・Price action has emphasis

Rather than a choppy, range-bound market, a market with clear ups and downs is preferable. Sell at higher levels, buy at lower levels. Aim to sell after it rises, and aim to buy after it falls.

・Confirm strong buying candles near the zone or after breaking the zone(for buying)

If buying, confirm a bottoming in the decline, and if selling, confirm a top to indicate a reversal. For example, long lower wicks on a pin bar or doji. When the reverse trend is strong, taking a small step back is safer.

・Stop-loss becomes smaller

When buying, look for a distance not far below the lower wick of the preceding candle as a reference, so that the stop-loss becomes smaller. Alternatively, you may exit early if it moves against you.

*Note: The win rate is 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.