Trade Commentary 36
● Points to Win
Firstin verification modewatch everything near the zone, around the zone, after breaking the zone, and the reversals. Basically, we do not apply meticulous discretion, but if you want to avoid losses or level up, keep the following in mind.
・There is a clear market rhythm
Not a messy, sideways market; you want a market with clear up and down movements. Sell high, buy low. Aim to sell after it rises, and buy after it falls.
・Confirm strong buying candles near the zone or after breaking the zone(for buying)
If buying, confirm support at the bottom of the pullback and resistance at the top for selling. For example, long lower shadows of a pin bar or doji. Especially when the reverse trend is strong, it is safer to take a small pause.
・Smaller stop losses
If buying, target a distance not far from the lower wick of the previous candle, so that the stop loss becomes smaller. Alternatively, if the market moves against you, you may exit early.
※Please note that win rate is merely the result of optimization and does not guarantee future market conditions.
For other basic rules and how to use indicators, please refer to the course. Thank you.