Trade Commentary 39
● Points to Win
First, in validation modewatch everything near the zone, near the zone, and what happens after breaking the zone and reentering. Basically we don’t apply fine discretion, but if you want to avoid losses or level up, keep the following in mind.
・The market has lulls and swings
Not a messy range-bound market; prefer market with clear upward and downward movements. Sell high, buy low. Aim to sell after it rises, and aim to buy after it falls.
・Confirm strong bullish candles near the zone or after breaking the zone(for buying)
If buying, confirm a stopping of the decline and if selling, confirm a stopping of the rise. For example, long lower wicks on a pin bar or a doji. Especially when the reverse trend is strong, adding a cushion step is safer.
・Smaller stop loss
When buying, aim for a distance not far below the lower shadow of the preceding candle, so the stop loss is small. Or if the price moves against you, you may cut early.
※Win rate is only 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.