Trade Commentary 41
● Points to Win
First, in verification modewatch everything around the zone, after breaking the zone, and when you make a comeback. Basically, I don’t apply fine discretion, but if you want to avoid losses or level up, focus on the following.
・The market has clear swings
Not a messy, range-bound market; prefer markets with clear up-and-down movements. Sell at highs, buy at lows. Target selling after it rises, targeting buying after it falls.
・Confirm a strong bullish candlestick near the zone or after breaking the zone(for buying)
If buying, confirm a support stop (the down movement stops); if selling, confirm a resistance stop (the upward movement stops). For example, long lower shadows on pinned bars or small candles. Especially when an opposite trend is strong, a brief pause is safer.
・Smaller stop-losses
If buying, target a distance not far below the lower wick of the preceding candlestick, so the stop-loss is small. Or if the price moves unfavorably, you may exit early.
※Keep in mind that win rate is the result of optimization and does not guarantee future market behavior.
For other basic rules and how to use indicators, please refer to the course. Thank you.