Trade Commentary 11
● Points to win
First,in Verification Modelook at everything around the zone, or after breaking the zone and after you pivot. Basically, we don’t use fine discretionary rules, but if you want to avoid losses or level up, keep the following in mind.
・The market has discernible moves
Instead of a choppy, range-bound market, a market with clear up and down movement is preferable. Sell at high points, buy at low points. Target sells after a rise, and buys 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 if selling, confirm a stop in the upward direction. For example, a long lower wick on a pin bar or a doji. Especially when the reverse trend is strong, a small cushion step is safer.
・Smaller stop-loss
If buying, aim for a distance not far below the lower shadow of the candle just before the target, so that the stop loss width becomes smaller. Alternatively, if the price moves against you, you may exit early.
※Note: The win rate is the result of optimization and does not guarantee future market behavior, so please be aware.
In addition, please refer to the course for basic rules and how to use indicators. Thank you for your cooperation.