Trade Commentary 18
● Points to Win
Firstin validation modewatch everything around the zone, after the zone is broken, and where you swing back. Basically we don’t use fine discretion, but if you want to avoid losses or level up, keep the following in mind.
・Markets with clear momentum
Not in a range-bound, choppy market, but in a market with clear upward or downward moves. Sell high and buy low. Aim to sell after a rise and buy after a drop.
・Near the zone or after breaking the zone, confirm strong bullish candles(for buying)
If buying, confirm a stop in a downtrend, if selling then a stop in an uptrend. For example, long lower shadows on a pin bar or doji. Especially when the counter-trend is strong, a small pause adds safety.
・Smaller stop losses
If buying, target a stop close to the lower shadow of the preceding candle, not too far away, and aim for small stop losses. Or if the price moves against you, cut early.
※Win rate is only the result of optimization and does not guarantee future market behavior, so please note.
For other basic rules and how to use indicators, please refer to the course. Thank you.