Trade Commentary 186

● Points to Win

・There should be clear price action

Not a messy, range-bound market; a market with clear movement up and down is preferable. Sell at highs and buy at lows. Aim to sell after the price rises and buy after it falls.

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

If buying, confirm a bottoming after a decline or a toping after a rise. For example, long lower wicks with a pin bar or small candles. Especially when the reverse trend is strong, taking a brief pause improves safety.

・Smaller stop losses

When buying, aim for a distance not far below the lower wick of the preceding candle, so that the stop loss is smaller. Alternatively, you may exit early if the price moves against you.

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