Trade Commentary 134
● Points to Win
First,in verification modelook at everything near the zone, around the zone, after breaking the zone, and where you turn back. Basically, no fine discretionary moves are made, but if you want to avoid losses or level up, keep the following in mind.
・Markets with clear momentum
Instead of a range-bound, messy market, you want a market with clear up and down movements. Sell at high points and buy at low points. Aim to sell after it rises and buy after it falls.
・Confirm strong bullish candles near the zone or after breaking the zone(for buying)
If buying, confirm stopping the decline, and if selling, confirm stopping the rise. For example, long lower wicks on a pin bar or a doji. Especially when the counter-trend is strong, adding a small cushion is safer.
・Smaller stop loss
When buying, aim for a distance not far below the lower wick of the preceding candle, so the stop loss is small. Or, if the price moves against you, you can exit early.
※Note: win rate is the result of optimization and does not guarantee future market behavior, so please be mindful.
For other basics, rules, and how to use indicators, please refer to the course. Thank you.