Trade Commentary 42
● Points to Win
Firstin Verification Modewatch everything around the zone, after breaking the zone, and the rebound points. Basically, there isn't much granular discretion, but if you want to avoid losses or level up, focus on the following.
・The market has a clear rhythm
Not a choppy, range-bound market; look for markets with solid upward and downward movement. Sell at higher prices, buy at lower prices. Aim to sell after it has risen, and buy after it has fallen.
・Around the zone or after breaking the zone, confirm strong buying candlesticks(for buying)
If buying, confirm a stopping point on the downside, and if selling, confirm a stopping point on the upside. For example, long lower wicks like a pin bar or doji. Especially when the reverse trend is strong, taking a brief pause adds safety.
・Smaller stop-losses
When buying, aim for a stop distance not far below the lower shadow of the preceding candlestick, so that the stop loss width is small. Or, if the price moves against you, you may exit early.
※Note that the win rate is 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 very much.