Trade Commentary 35
● Points to Win
Firstin Verification Modewatch everything around the zone, when a zone is crossed, and after a breakout. Basically, I don’t apply fine discretion, but if you want to avoid losses or level up, you can keep the following in mind.
・There is momentum in the market
Avoid messy, range-bound markets; prefer markets with clear moves up and down. Sell high, buy low. Aim to sell after a rise, and aim to buy after a fall.
・Look for strong bullish candles near the zone or after breaking the zone(for buying)
If buying, confirm that the price stops falling and if selling, confirm that it stops rising. For example, long lower wicks on a pin bar or some doji candles. Especially when the reverse trend is strong, it’s safer to take a small pause.
・Smaller stop losses
When buying, target a distance not far below the lower wick of the candle before the move, so that the stop loss is small. Alternatively, if the price moves against you, you may exit early.
※Win rate is the result of optimization and does not guarantee future market conditions, so please be careful.
For other basic rules and how to use indicators, please refer to the course. Thank you very much.