Trade Commentary 83
● Points to Win
First,in Verification Modewatch everything around the zone, after the zone is broken, and after you reverse. Basically no fine discretion is used, but if you want to lose less or level up, keep the following in mind.
・The market has clear rhythms
Not a messy, range-bound market, but one with clear up and down moves. Sell high, buy low. Aim to short after it rises, and aim to buy after it falls.
・Look for strong buying candles near the zone or after breaking the zone(in buying situations)
In buying scenarios, confirm a stopping bottom for the decline and a stopping top for the rise. For example, long lower wicks on a pin bar or doji. 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 shadow of the previous candle, and for a smaller stop loss. Alternatively, you may exit early if the price moves against you.
※Win rate is only 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.