Trade Commentary 133
● Points to Win
First, in verification modewatch everything around the zone, the zone itself after breaking it, and the points where you turned back. Basically, we don’t do fine discretionary moves, but if you want to avoid losses or level up, keep the following in mind.
・Markets with clear swings
Not a messy, range-bound market; a market with clear movements up and down is preferable. Sell at higher prices, buy at lower prices. Target selling after a rise, targeting buying after a decline.
・Look for strong bullish candles near the zone or after breaking the zone(for buying)
If buying, confirm a stabilizing low after the decline; if selling, confirm a stopping high after the rise. For example, long lower shadows on a pin bar or a doji. Especially when the reverse trend is strong, it’s safer to take a small pause.
・Smaller stop losses
When buying, aim for a distance not far below the lower shadow of the candle just before the entry, so that the stop loss becomes smaller. Or, if the market moves against you, you can exit early.
※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 very much.