Trade Commentary 173
● Points to Win
・Market has clear movement
In a choppy, range-bound market, it is better to see clear up and down price action. Sell high and buy low. After a rise, aim to sell; after a fall, aim to buy.
・Confirm strong buying candles near or breaking the zone(For buying)
If buying, confirm a cessation of decline or a cessation of rise for selling. For example, long lower wicks or doji candles. Especially when the opposing trend is strong, inserting a one-step cushion is safer.
・Smaller stop-losses
When buying, aim for a distance not far below the lower wick of the candle just before as a reference, so the stop-loss range becomes small. Or, if the market moves against you, you may exit early.
For other basic rules and how to use indicators, please refer to the course. Thank you very much.
