Trade Commentary 73
● Points to Win
Firstin verification modewatch everything around the zone, after breaking the zone, and where you turn back. Basically I don’t apply fine discretion, but if you want to avoid losses or level up, consider the following.
・Market has drama/variance
Not in a choppy ranges, but in a market with clear moves up and down. Sell at high points, buy at low points. Aim to sell after the price goes up, and aim to buy after it goes down.
・Near the zone or after breaking the zone, confirm a strong bullish candlestick(for buy)
If buying, confirm the price stops falling, and if selling, confirm it stops rising. For example, a long lower wick hammer or a doji. Especially when the reverse trend is strong, taking a small pause is safer.
・Stop loss becomes smaller
When buying, aim for a distance not far below the lower wick of the preceding candle, so the stop loss becomes smaller. Or you may cut losses early if the price moves unfavorably.
※Win rate is only the result of optimization and does not guarantee future market conditions, please note.
Additionally, please refer to the course for basic rules and how to use indicators. Thank you.