Trade Commentary 167

● Points to Win

・Clear price action

Not a choppy, range-bound market; a market with clear up and down movements is preferable. Sell at higher prices, buy at lower prices. Target selling after an ascent, targeting buying after a drop.

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

If buying, confirm a bottoming of the decline; if selling, confirm a top. For example, long lower shadows on bullish candles or doji candles. Especially when the reverse trend is strong, adding a small step in is safer.

・Smaller stop loss

When buying, look for the distance to the lower wick of the preceding candle not to be far, and for a smaller stop loss width. Alternatively, you may 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.