Trade Commentary 132
● Points to Win
First, in verification modewatch everything around the zone, around the zone, and after breaking the zone and when you make a counter move. Basically, there is not much fine discretion, but if you want to avoid losses or level up, keep the following in mind.
・Market has momentum
Not a messy, range-bound market; a market with clear up and down movement is preferable. Sell at high points, buy at low points. Aim to sell after it has risen, and aim to buy after it has fallen.
・Confirm a strong bullish candlestick near the zone or after breaking the zone(for buying)
If buying, confirm a bottoming candle and if selling, confirm a topping. For example, a long lower wick hammer or a doji. Especially when the reverse trend is strong, taking a step back is safer.
・Stop-loss becomes smaller
When buying, target situations where the distance to the lower wick of the previous candle is not far, so the stop-loss becomes smaller. Or you may cut early if the price moves against you.
※Win rate is only the result of optimization and does not guarantee future market behavior, so please be aware.
For other basic rules and how to use indicators, please refer to the course. Thank you.