Trade Commentary 60
● Points to Win
First of allin validation modewatch everything around the zone and after breaking the zone, and the points where you turn back. Basically we do not apply much fine discretion, but if you want to avoid losses or level up, keep the following in mind.
・Market has momentum
Not in a churning, range-bound market, but in a market with clear moves up and down. Sell at high points, buy at low points. Target sells after a rise and buys after a drop.
・Confirm strong buying candles near the zone or after breaking the zone(for buying)
If buying, confirm a bottoming or if selling, confirm a topping. For example, long lower wicks like hammer patterns or doji. When the reverse trend is strong, it’s safer to add a small cushion.
・Tighten stop losses
When buying, aim for a stop loss not far below the lower wick of the candle just before the target area, so the stop loss width becomes small. Or you may cut 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.
Other basic rules and how to use indicators please refer to the course. Thank you.