Trade Commentary 178
● Points to win
・Markets with clear swings
Not a choppy, range-bound market, but one with clear up and down moves is preferable. Sell at highs, buy at lows. Aim to sell after a rise, and buy after a fall.
・Confirm strong buying candles near the zone or after breaking the zone(In case of buying)
If buying, confirm the price has stopped falling or, if selling, that it has stopped rising. For example, long lower wicks on a pin bar or a marubozu. Especially when the reverse trend is strong, a small pause helps safety.
・Smaller stop-losses
When buying, aim for a stop-loss not far below the lower shadow of the preceding candle, so the stop-loss width remains small. Or you may exit early if the trade goes against you.
For other basic rules and indicator usage, please refer to the course. Thank you.
