Trade Commentary 20
● Points to Win
First,in verification modewatch everything around the zone, after breaking the zone, and the points where you reversed. Basically, we do not apply detailed discretion, but if you want to lose or level up, keep the following in mind.
・Market has a clear rhythm
Not a messy, range-bound market, but a market with clear rising and falling price movements. Sell high, buy low. Aim to sell after a rise, and buy after a fall.
・Confirm a strong bullish candle near the zone or after breaking the zone(for buying)
If buying, confirm the price stops falling, and if selling, confirm it stops rising. For example, long lower wicks in bullish candles or small candles. Especially when the counter-trend is strong, taking a short pause is safer.
・Small stop losses
When buying, aim for a stop loss not far below the lower wick of the preceding candle before the entry, so the stop loss width is small. Or you may exit early if the price moves against you.
※Win rate is only 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.