Trade commentary 110
● Points to Win
First, in verification mode watch everything around the zone, after breaking the zone, and after a reversal. Basically there is not much discretionary action, but if you want to avoid losses or level up, keep the following in mind.
・Market has clear swings
A market with stable up-and-down price movement, not a choppy range. Sell high, buy low. Aim to sell after it rises, and aim to buy after it falls.
・Confirm a strong bullish candle near the zone or after breaking the zone (for buying)
If buying, confirm support at the lower shadow, and for selling confirm resistance at the upper end. Examples include long lower wicks like a bullish pin bar or a doji. Especially when the reverse trend is strong, a small pause can be safer.
・Small loss cut
When buying, target a distance not far below the previous candle's lower wick, so the stop loss is small. Or cut early if the trade goes against you.
※ The 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.