Created
November 6, 2018 15:48
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Forex trading checklist
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Answer this questions and make sure they align with your bias. | |
● Is this your session? | |
● Is the chart trending or consolidating (choppy)? Do not trade if is consolidating! | |
● Is there any market structure break on the 15m chart? | |
● What zones are currently being rejected on the 30min/1hr chart? (This can give off obvious signs of direction) | |
● What is the overall trend on the 4hr chart? (Look at your indicators) | |
● From all this gathered information, what formed confluence? | |
● Should you place this trade or stay cash for the day? | |
Also keep in mind that your emotional state of mind will play a key role in your decision making | |
abilities. | |
*TRADE SMART AND DEVELOP A ROUTINE* | |
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