Trade Commentary 166

● Points to Win

・There should be clear price action

Not a range-bound, messy market; look for markets with clear movement up and down. Sell at higher prices, buy at lower prices. Aim to sell after a rise, and aim to buy after a fall.

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

If buying, confirm a halt in decline and a cap on the rise when selling. For example, long lower shadows on pin bars or doji candles. When the reverse trend is strong, it is safer to add a cushion.

・Smaller stop losses

When buying, target is not far below the previous candle's lower wick; look for a smaller stop loss. Alternatively, you may exit early if the trade goes against you.

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