Trade Commentary 63

● Points to Win

Firstin a validation modewatch everything around the zone, after breaking the zone, and where you re-enter. Basically I don’t apply much discretion, but if you want to avoid losses or level up, keep the following in mind.

・There is structure in the market

Not in a choppy, range-bound market, but in a market with clear movements up and down. Sell high, buy low. Aim to sell after the price has risen, and buy after it has fallen.

・Confirm strong bullish candles near the zone or after breaking the zone(in case of buying)

If buying, confirm a stop in the decline, and if selling, confirm a stop in the rise. For example, a long lower wick in a hammer candlestick or a doji. Especially when the counter-trend is strong, it’s safer to take a short pause.

・Smaller stop losses

When buying, aim for a distance not far below the lower wick of the preceding candle, so that the stop loss is small. Or, if the price moves against you, you may exit early.

※Win rate is only the result of optimization and does not guarantee future market conditions, so please be aware.

Other basic rules and how to use indicators are in the course material. Thank you for your cooperation.