Trade Commentary 180

● Points to Win

・There should be clear price action

Not a choppy, range-bound market, but a market with clear up and down movements. Sell at higher prices, buy at lower prices. Aim to sell after it has risen and buy after it has fallen.

・Confirm strong buying candles near the zone or after breaking the zone（For buying）

If buying, confirm a stopping of the decline or a stopping of the rise when selling. For example, long lower wicks like a pin bar or doji. When the counter-trend is strong, adding a cushion can be safer.

・Smaller stop losses

When buying, try to keep the distance to the previous candle's lower wick not too far, so the stop loss is small. Alternatively, if the price moves against you, you may cut early.

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