Trade Commentary 105
● Points to win
First, in verification modelook at all around the zone, near the zone, and after breaking the zone, and the points where price reversed. Basically we don’t use fine discretion, but if you want to avoid losses or level up, consider the following.
・The market has a clear rhythm
Not a chaotic, range-bound market, but a market with clear movement up and down. Sell high, buy low. Target sells after it rises, and buys after it falls.
・Confirm strong buying candles near the zone or after breaking the zone(in case of buying)
If buying, confirm a pause in the decline and, if selling, a pause in the rise. For example, long lower wicks on a pin bar or a spinning top. It is safer to pause once, especially when the reverse trend is strong.
・Loss cut becomes smaller
When buying, aim for a distance not far below the lower wick of the candle just before as a benchmark, so the stop loss is small. Alternatively, if the price moves against you, you may cut early.
※Win rate is only the result of optimization and does not guarantee future market behavior, please note.
In addition, please refer to the basic rules and how to use indicators in the course. Thank you.