Trade Commentary 146
● Points to Win
・There is a clear market rhythm
In a market that is not range-bound and messy, but has clear movement up and down, it is good. Sell at high points, buy at low points. Aim to sell after prices rise, and aim to buy after prices fall.
・Confirm strong buying candles near the zone or after breaking the zone(for buying)
If buying, confirm a bottoming when it stops falling, or a top when it stops rising for selling. For example, long lower shadow pin bars or doji candles. It is especially safer to insert a small cushion when the reverse trend is strong.
・Losing stop becomes smaller
When buying, aim for a distance not far below the lower shadow of the candle preceding the entry, so that the stop loss range becomes small. Alternatively, you may close early if the price moves against you.
For other basic rules and how to use indicators, please refer to the course. Thank you very much.
Is it OK?