Trade Commentary 88

● Points to Win

First, in validation mode watch everything around the zone, near the zone, and after breaking the zone, and after making a reversal. Basically, we don’t apply much micro-discretion, but if you want to avoid losses or level up, keep the following in mind.

・The market has discernible swings

Rather than a messy, range-bound market, a market with clear up and down movements is preferable. Sell at higher prices and buy at lower prices. Aim to sell after it rises, and aim to buy after it falls.

・Confirm strong buying candles near the zone or after breaking the zone(for buying)

If buying, confirm a stop in the decline and, if selling, confirm a stop in the rise. For example, a long lower wick on a pin bar or a doji. Especially when reverse trends are strong, adding a cushion is safer.

・Loss-cut becomes smaller

When buying, target a distance not far below the lower wick of the previous candle, so the stop loss becomes smaller. Or you can exit early if the price moves against you.

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

Additionally, please refer to the course for basic rules and how to use indicators. Thank you.