Trade Commentary 10
● Points to Win
Firstin verification modewatch everything around the zone, near the zone, after breaking the zone, and where you reverse. Basically, I don’t apply granular discretion, but if you want to avoid losses or level up, keep the following in mind.
・The market has clear highs and lows
Rather than a messy range-bound market, a market with clear moves up and down is desirable. Sell at high prices, buy at low prices. You aim to sell after a rise and buy after a drop.
・Confirm strong buying candles near the zone or after breaking the zone(for buying)
If buying, confirm a stop of the decline or in selling confirm a stop of the rise. For example, long lower wicks on a hammer, or shooting stars. When the reverse trend is strong, it is safer to take a small pause.
・Stop-loss becomes smaller
When buying, aim for a distance not far below the lower wick of the preceding candle, so that the stop-loss width becomes smaller. Alternatively, if the trade goes against you, you may cut it early.
※Win rate is only the result of optimization and does not guarantee future market conditions, please be aware.
In addition, please refer to the basic rules and how to use indicators in the course. Thank you.