Trade Commentary 135
● Winning Points
First,in verification modeplease observe everything around the zone, near the zone, and after breaking the zone, and after you reverse. Basically there is not much discretionary detail, but if you want to avoid losses or level up, you may want to keep the following in mind.
・There is a clear market rhythm
It is better to have a market with clear price movement that goes up and down rather than a choppy, range-bound market. Sell at the high, buy at the low. Look to sell after it rises, and buy after it falls.
・Confirm a strong bullish candle near the zone or after breaking the zone(in case of buying)
If buying, confirm it has halted the decline, or if selling, confirm it has halted the rise. For example, a long lower wick on a pin bar or a doji. When the reverse trend is particularly strong, it is safer to take a small step back.
・Stop loss becomes smaller
If buying, aim for a distance not far below the lower shadow of the candle preceding the entry, so the stop loss width becomes smaller. Alternatively, if the trade goes against you, you may cut it early.
※Win rate is only the result of optimization and does not guarantee future market conditions, so please note.
For other basic rules and how to use indicators, please refer to the course. Thank you.