Trade Commentary 14

● Points to Win

Firstin verification modewatch everything around the zone, near the zone, and after breaking through the zone, and after a rebound. Generally I don’t rely on fine discretion, but if you want to lose or level up, keep the following in mind.

・The market has a clear rhythm

Rather than a messy, range-bound market, a market with clear moves up and down is preferable. Sell at higher prices, buy at lower prices. Aim to sell after it rises, and aim to buy after it falls.

・Confirm a bullish candlestick near the zone or after breaking the zone(for buying)

If buying, confirm a stop at the bottom of the pullback, and if selling, confirm a top. For example, long lower wicks like a pin bar or marubozu. Especially when the reverse trend is strong, a small pause can be safer.

・Loss-cut becomes smaller

When buying, target a distance not far below the lower wick of the prior candle, so the stop loss becomes smaller. Alternatively, if the price moves against you, you can cut losses early.

※Note that winning probability 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.