Trade Commentary 190
● Points to Win
・There is decisiveness in the market
Instead of a range-bound, messy market, a market with clear movement up and down is preferable. Sell high, buy low. Aim to sell after it rises, aim to buy after it falls.
・Near a zone or after breaking a zone, confirm a strong bullish candlestick(In case of buying)
If buying, confirm a stop in the decline and a stop in the rise if selling. For example, long lower wicks on a pin bar or a doji. Especially when the reverse trend is strong, introducing a small cushion is safer.
・Loss cut becomes smaller
When buying, aim for a distance not far below the lower wick of the preceding candle and for a small stop loss. Or, if the price moves against you, you can cut early.
For other basic rules and how to use indicators, please refer to the course. Thank you very much.
