Trade Commentary 160

● Points to Win

・There should be clear swing in the market

Not in a choppy, range-bound market; it’s better when there is clear movement up and down. Sell at higher levels, buy at lower levels. Aim to sell after it goes up, and buy after it goes down.

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

If buying, confirm a bottoming signal for the fall and a top for the rise if selling. For example, long lower shadow pins or doji. Especially when the contrary trend is strong, it is safer to take a small step back.

・Smaller stop losses

When buying, aim for a stop loss not far below the lower shadow of the previous candle, and keep the stop loss small. Or exit early if the price moves against you.

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