Trade Commentary 57
● Points to Win
First,Verification Modein the vicinity of the zone, after breaking the zone, and at all the points where you pivot, please observe. Basically I don’t apply fine discretion, but if you want to avoid losses or level up, consider the following.
・Markets with clear swing/pace
Not in a choppy, range-bound market; you want a market with clear up and down moves. Sell at highs, buy at lows. Aim to sell after a rise and buy after a fall.
・Confirm strong buying candles near the zone or after breaking the zone(for buying)
If buying, confirm a reversal at the bottom for downside and at the top for upside when selling. For example, long lower wicks on a pin bar or a marubozu. Especially when the opposite trend is strong, it’s safer to take a small pause.
・Smaller stop-losses
When buying, aim for a distance not far below the lower wick of the candle before the entry, so the stop-loss becomes small. Or you can 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 note.
In addition, please refer to the course for basic rules and how to use indicators. Thank you.