Trade Commentary 12
● Points to Win
Firstin verification modewatch everything around the zone, near the zone, after breaking the zone, and after the pullback. Basically, I don’t apply meticulous discretion, but if you want to avoid losses or level up, consider the following.
・Markets with clear swings
Rather than a chaotic, range-bound market, look for a market with clear movement up and down. Sell at higher levels and buy at lower levels. Aim to sell after price has risen and buy after price has fallen.
・Confirm strong bullish candles near the zone or after breaking the zone(in the case of a buy)
If buying, confirm a halt in the decline or a halt in the rise if selling. For example, long lower wicks on a pin bar or a doji. Especially when the opposite trend is strong, a small pause can be safer.
・Smaller stop losses
If buying, target a distance not far below the lower wick of the preceding candle, so the stop loss is small. Alternatively, you can cut losses early if the price moves against you.
※Winning rate is only 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.