Trade Commentary 38
● Points to Win
Firstin verification modeplease observe all areas near the zone, after the zone is broken, and the point where price reverses. Basically, I don’t exercise fine discretion, but if you want to avoid losses or level up, consider the following.
・Market has clear decisive moves
It's better to have a market with clear up and down movements rather than a choppy, range-bound market. Sell at higher prices and buy at lower prices. Aim to sell after a rise and buy after a drop.
・Confirm strong buying candles near the zone or after breaking the zone(for buying)
If buying, look for signs of a reversal in the downward move and a stop in the upward move for selling. For example, long lower wick Pin Bar or Doji candles. When the reverse trend is strong, taking a small pause is safer.
・Smaller stop loss
When buying, target a distance not far below the lower shadow of the candle just before the signal, so the stop loss is small. Alternatively, you may cut early if the price moves against you.
※Note: the win rate is an optimization result and does not guarantee future market behavior, so please be aware.
For other basic rules and indicator usage, please refer to the course. Thank you very much.