Trade Commentary 165

● Points to Win

・There should be clear price action

Not a messy, range-bound market, but a market with clear moves up and down. Sell high and buy low. Aim to sell after a rise and buy after a fall.

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

If buying, confirm a bottoming of the decline or a top of the rise for selling. For example, long lower wicks like a bullish pin bar or narrow-range bars. Especially when the reverse trend is strong, taking a small pause is safer.

・Smaller stop losses

When buying, look for a stop loss not far below the lower wick of the previous candle, so the stop loss range becomes smaller. 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 very much.