Trade Commentary 65
● Points to Win
Firstin verification modewatch everything around the zone, after breaking the zone, and the points where you re-enter. In general, I don’t apply granular discretion, but if you want to avoid losses or level up, keep the following in mind.
・There is a clear market structure
Rather than a choppy, range-bound market, look for a market with clear up and down movements. Sell high, buy low. Target selling after a rise, buying after a drop.
・Confirm a strong bullish candle near the zone or after breaking the zone(for buying)
If buying, confirm a support halting the down move, or a resistance halting the up move when selling. For example, long lower wicks on a pin bar or a doji. Especially when the reverse 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 nearby candle before the move, so the stop loss is small. Alternatively, if the trade goes against you, cut losses early.
※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.