Trade explanation 150
● Points to Win
・There is a clear price action
It is better to have a market with clear movement, not a messy, range-bound market. Sell at higher prices and buy at lower prices. Aim to sell after a rise and buy after a drop.
・Confirm a strong bullish candle near the zone or after breaking the zone(for buying)
If buying, confirm a halting of the decline or a halt in the rise if selling. Examples include long lower wicks on pin bars or doji bars. Especially when the reverse trend is strong, adding a cushion makes it safer.
・Losses become smaller
When buying, aim for a distance from the lower shadow of the previous candle that is not too far, so the stop loss is small. Or you may cut early if the trade moves against you.
For other basic rules and how to use indicators, please refer to the course. Thank you very much.