Trade Commentary 49
● Points to Win
Firstin verification modewatch everything around the zone, after breaking the zone, and where you turn back. Basically we do not use detailed discretion, but if you want to avoid losses or level up, keep the following in mind.
・Markets with clear swings
Not a messy, range-bound market; a market with clear movements up and down is preferable. Sell at higher points, buy at lower points. After climbing, aim to sell; after falling, aim to buy.
・Confirm strong buying candles near the zone or after breaking the zone(for buying)
If buying, confirm a stop in the declines and, if selling, confirm a stop in the rises. For example, long lower wicks like a bullish pin bar or a doji. Especially when the reverse trend is strong, a small pause can be safe.
・Smaller stop losses
When buying, aim for a distance not far below the lower wick of the candle just before the target, so that the stop loss becomes small. Or if the market moves against you, you may cut early.
※Note that 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.