Trade Explanation 28
● Points to Win
First of allin verification modelook at everything around the zone, after breaking the zone, and where you turned back. Basically no fine discretionary moves are made, but if you want to avoid losses or level up, keep the following in mind.
・Markets with clear rhythm
Prefer markets that have clear upward and downward movements rather than messy, range-bound conditions. Sell high, buy low. Aim to sell after a rise and aim to buy after a decline.
・Confirm a strong bullish candle near or after breaking the zone(for buys)
If buying, confirm a stopper at the bottom of the preceding candle, and if selling, confirm a stopper at the top. For example, long lower wicks on a pin bar or a doji. Especially when the counter-trend is strong, a small pause makes it safer.
・Smaller stop loss
When buying, aim for a distance not far below the lower wick of the preceding candle, so that the stop loss width becomes small. Alternatively, you may exit early if the price moves against you.
※Note that win rate 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.