Trade Commentary 50
● Points to Win
First,in the Verification Modelook at everything around the zone, after the zone is broken, and on the rebounds. Basically, I don’t apply fine discretion, but if you want to avoid losses or level up, keep the following in mind.
・There should be clear price action
Not a chaotic, range-bound market, but a market with steady up and down moves. Sell at higher levels, buy at lower levels. Aim to sell after rises and buy after declines.
・In the vicinity of the zone or after breaking the zone, confirm strong bullish candles(for buying)
If buying, confirm a bottoming signal, and if selling, confirm a toping signal. For example, long lower shadow on a pin bar or a doji. Especially when the reverse trend is strong, taking a small pause is safer.
・Smaller stop losses
When buying, aim for a stop loss not far below the lower shadow of the candle right before the entry, resulting in a smaller stop loss width. Or cut losses early if the trade goes against you.
※Please note that win rate is the result of optimization and does not guarantee future market conditions.
Additionally, please refer to the course for basic rules and how to use indicators. Thank you.