Trade Commentary 101
● Points for Winning
First, in the verification mode, please observe all around the zone and after breaking the zone, and the points where you turned around. Basically, there isn’t a lot of fine-grained discretion, but if you want to avoid losses or level up, keep the following in mind.
・Market has clarity/definition
It’s better to have a market with clear movement, not a messy, range-bound market. Sell at the higher prices and buy at the lower prices. Aim to sell after it rises, and aim to buy after it falls.
・Confirm strong buying candles near or after breaking the zone(when buying)
If buying, confirm that the price stops falling, and if selling, confirm that the price stops rising. For example, candles with long lower wicks like a pin bar or a doji. When the reverse trend is strong, a brief pause for safety is advisable.
・Profit-taking range becomes smaller
When buying, target a distance not far below the lower wick of the preceding candle as a reference, so that the stop loss becomes smaller. Or you can exit early if the price moves against you.
※ The win rate is only the result of optimization and does not guarantee future market conditions, so please be cautious.
For other basic rules and how to use indicators, please refer to the course. Thank you very much.