Trade Commentary 116
● Points to Win
Firstin verification modeplease observe everything around the zone, near the zone, and after breaking the zone and turning back. Basically no fine discretion is used, but if you want to avoid losses or level up, keep the following in mind.
・The market has momentum
Not in a choppy, range-bound market; a market with clear moves up and down is preferable. Sell at high points and buy at low points. Aim to sell after it rises, and buy after it falls.
・Confirm strong buying candles near or after breaking the zone(for buys)
If buying, confirm the bottoming of the decline and, if selling, the toping of the rise. For example, long lower wicks on pin bars or doji/candlesticks. Especially when the reverse trend is strong, a small buffer can be safer.
・Smaller stop losses
When buying, target a distance not far below the lower wick of the candle before the move, so that the stop loss becomes small. Alternatively, you may exit early if the price moves against you.
※Note that win rate is only the result of optimization and does not guarantee future market conditions.
For other basic rules and how to use indicators, please refer to the course. Thank you.