Trade commentary 155

● Points to Win

・There should be clear price action

Not a choppy, range-bound market; look for a market with definite upward and downward movement. Sell at higher prices, buy at lower prices. Aim to sell after a rise and buy after a drop.

・Confirm strong buying candles near a zone or after breaking a zone（for buying）

If buying, confirm a stop in the downside and if selling, confirm a stop in the upside. For example, long lower wicks on a pin bar or a doji. Especially when the reverse trend is strong, taking a one-step pause is safer.

・Tighter stop losses

If buying, aim for a stop loss not far under the lower wick of the preceding candle, keeping the stop loss small. Alternatively, cut losses early if the price moves against you.

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