Trade Commentary 53
● Points to Win
First,in verification modewatch everything around the zone, after breaking the zone, and where you turn back. Basically, I don’t use fine discretion, but if you want to avoid losses or level up, keep the following in mind.
・There is a clear market rhythm
Not in a messy, range-bound market; look for markets with clear movement up and down. Sell at higher levels, buy at lower levels. Aim to sell after rises and buy after declines.
・Confirm strong buying candles near the zone or after breaking the zone (for buying)
If buying, confirm a support at a low point, and if selling, confirm a resistance at a high point. For example, long lower wicks on pin bars or gravestones doji. Especially when the reverse trend is strong, a small cushion can improve safety.
・Smaller stop losses
If buying, aim for a stop loss that is not far from the previous candle’s lower wick, keeping the loss small. Alternatively, cut losses early if the market moves against you.
※Note that 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.