Trade Commentary 68
●Points to Win
Firstin Verification Modewatch everything around the zone, after breaking the zone, and the moments of reversal. Basically, I don’t apply fine discretion, but if you want to avoid losses or level up, keep the following in mind.
・Market has clarity
Avoid chaotic, range-bound markets; look for markets with clear upward and downward movements. Sell at higher prices and buy at lower prices. Aim to sell after a rise and buy after a drop.
・Look for strong bullish candles near the zone or after breaking the zone (for buying)
If buying, confirm a stop in the downward direction, and if selling, confirm a stop in the upward direction. For example, long lower wicks on a pin bar or doji. When the reverse trend is strong, a pause can be safer.
・Tighten stop losses
If buying, target a distance not far below the lower wick of the preceding candle where the stop loss becomes smaller. Or, if the market moves against you, you may cut early.
※Win rate is only the result of optimization and does not guarantee future market conditions, so please note.
For other basic rules and how to use indicators, please refer to the course. Thank you.