Trade Commentary 164

● Points to Win

・There should be clear price action

Not a choppy, range-bound market; look for a market with solid upward and downward moves. Sell at higher prices, buy at lower prices. Target selling after a rise, buying after a fall.

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

If buying, confirm a halt in the decline and a halt in the rise for selling. For example, long lower wicks of a pin bar or a doji. When the reverse trend is strong, adding a one-step cushion is safer.

・Smaller stop losses

If buying, aim for a distance not too far below the lower wick of the preceding candle, so the stop loss is small. Or cut losses 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.