Trade Commentary 30
● Points to Win
Firstin verification modewatch everything around the zone, after breaking the zone, and where you counter-trade. Basically we don’t use much discretion, but if you want to avoid losses or level up, keep the following in mind.
・Markets with clear momentum
Prefer markets that move up and down with clear price action, not messy ranging markets. Sell at higher prices and buy at lower prices. Aim to sell after it goes up, and aim to buy after it goes down.
・Confirm strong bullish candles near the zone or after breaking the zone(for buys)
If buying, confirm the price stops at the low of the pullback and if selling, confirm it stops at the high. For example, long lower wicks like a hammer or a doji. When the reverse trend is strong, it’s safer to add a small cushion.
・Smaller stop losses
When buying, target a price close to the previous candle’s lower wick; aim for a small stop loss width. Alternatively, cut losses early if the price moves against you.
※Note that the win rate is merely a result of optimization and does not guarantee future market behavior, so please be careful.
For other basic rules and how to use indicators, please refer to the course. Thank you.