Trade Commentary 95
● Points to win
Firstin Verification Modewatch everything around the zone, after breaking the zone, and the spots where you counter-trade. Basically, there isn’t much discretionary detail, but if you want to avoid losing or want to level up, keep the following in mind.
・There is a clear price action
It’s better to have price action that moves up and down rather than a messy ranging market. Sell at high points and buy at low points. Aim to sell after a rise and buy after a fall.
・Confirm strong buying candles near the zone or after breaking the zone(for buying)
If buying, confirm a bottoming signal; if selling, confirm a toping signal. For example, long lower wicks on a pin bar or a doji. Especially when the counter-trend is strong, taking a brief pause is safer.
・Smaller stop losses
If buying, aim for a distance not far below the lower wick of the candle just before the reference point, so that the stop loss is small. Alternatively, if the price moves against you, you may exit early.
※The win rate is only an optimization result and does not guarantee future market conditions, so please note this.
For other basic rules and how to use indicators, please refer to the course. Thank you.