Trade Commentary 159

● Winning Points

・There should be decisiveness in the market

Rather than a choppy, range-bound market, a market with clear upward and downward movements is preferable. Sell at higher levels and buy at lower levels. Aim to sell after a rise and buy after a fall.

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

If buying, confirm a stop in the decline or a stop in the rise when selling. For example, long lower wicks on a pin bar or a marubozu. Especially when the counter-trend is strong, taking a small pause is safer.

・Smaller stop losses

If buying, look for a situation where the distance to the lower wick of the previous candle is not far, and the stop loss becomes small. Alternatively, it may be okay to exit early if the trade goes against you.

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