Trade commentary 154

●Points to Win

・There is a clear price action

Not a choppy, range-bound market; prefer a market with steady movement up and down. Sell at highs, buy at lows. Aim to sell after a rise, buy after a fall.

・Confirm strong buying candles near or breaking into the zone（For buying）

If buying, confirm a bottoming of the decline or a toping of the rise. For example, long lower shadow candles (pin bars) or doji etc. Especially when the reverse trend is strong, a brief pause helps safety.

・Smaller stop loss

When buying, aim for a stop loss that isn’t far below the lower wick of the candle prior to entry, or keep the stop loss width small. Alternatively, if the price goes against you, you may close early.

For other basic rules and how to use indicators, please refer to the course. Thank you very much.