Trade Commentary 136
● Points to Win
First,in Verification Modewatch everything around the zone, around the zone, and after breaking the zone, and after the pullback. Basically we don’t do fine discretionary moves, but if you want to avoid losses or level up, keep the following in mind.
・There is rhythm in the market
Not a messy, range-bound market; a market with clear movement up and down. Sell at high points, buy at low points. Aim to sell after it goes up, and aim to buy after it goes down.
・Confirm a strong bullish candle near the zone or after breaking the zone(for a buy)
If buying, confirm a bottoming out (support) and if selling, confirm a toping out (resistance). For example, candles with long lower wicks, such as a bullish engulfing or a doji. When the reverse trend is strong, adding a cushion is safer.
・Tighten the stop loss
If buying, aim for a stop distance that isn’t far below the preceding candle’s lower wick, and for a smaller stop loss width. Or cut losses early if the price moves unfavorably.
※Win rate is only the result of optimization and does not guarantee future market conditions, so please be mindful.
For other basic rules and how to use indicators, please refer to the course. Thank you.