Trade Commentary 177

● Points to Win

・There is margin in the market

Rather than a chaotic, range-bound market, a market with clear movements up and down is preferable. Sell at higher prices and buy at lower prices. Aim to sell after a rise and to buy after a drop.

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

If buying, confirm a support of the decline or a resistance of the rise when selling. For example, long lower shadows of a pin bar or a marubozu candle. When the reverse trend is strong, adding a small cushion is safer.

・Smaller stop-loss

When buying, aim for a distance not far below the lower shadow of the preceding candle, where the stop-loss width becomes small. Or if the price moves unfavorably, you may cut losses early.

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