Trade Commentary 43
● Points to Win
First,in Verification Modelook at everything around the zone, after breaking the zone, and after reversing. Basically we don’t apply fine 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, range-bound market; a market with clear up and down movements is preferable. Sell high, buy low. Target sells after it goes up, buys after it goes down.
・Near the zone or after breaking the zone, confirm a strong bullish candle(for buying)
If buying, confirm a halt in decline and, if selling, a halt in rise. For example, long lower wicks of pin bars or doji candles. It’s especially safer to take a brief pause when the reverse trend is strong.
・Stop-loss becomes smaller
When buying, aim for a stop-loss distance not far below the lower shadow of the candle just before the entry, so the stop-loss width becomes small. Alternatively, you may exit early if the price moves against you.
※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.