Trade Commentary 31
● Points to Win
Firstin Verification Modewatch everything around the zone, the zones just after breaking them, and the points where you rebound. I don’t usually use a lot of discretion, but if you want to avoid losses or level up, keep the following in mind.
・There is a clear edge in the market
It should be a market with clear price movement, not a messy range. Sell high and buy low. Target selling after it rises, and target buying after it falls.
・Confirm strong bullish candles near the zone or after breaking the zone(for buy)
If buying, confirm a halt in decline, and if selling, confirm a halt in rise. For example, long lower wicks on a pin bar or a small inside bar. When the counter-trend is strong, taking a one-step cushion is safer.
・Small stop losses
When buying, aim for a distance not far below the previous candle’s lower wick, and a smaller stop loss. Alternatively, cut losses early if the price moves against you.
※Win rate is only the result of optimization and does not guarantee future market movement, so please note that.
For other basic rules and how to use indicators, please refer to the course. Thank you.