Market TimeFrame Date Pattern

7 deadly sins

Long or Short 3 CHECKLIST

Entries Primary (trade or no trade?) 1. entering a new trade just before news

1 RvR FALSE > 1:2 and 50 pips to first target 2. influenced by others

2 Supply/Demand FALSE Price at SupDem zone ? 3. Trading NY afternoon or Sunday evening

3 Higher TF Supply/Demand? FALSE Aligned with S/D on higher TF ? 4. CPI or Int Rate announcement in 24 hrs

RSI PR,NR or multiple PD, ND? FALSE rsi reversal or divergence? 5. Over exposed on one currency

Stop 6. Impulsive trade

Targets SCORE: 0 ( < 4 means no trade) 7. enter trade too early

1 Secondary (heavy or light trade?)

2 With Bias/Trend FALSE with bias/trend on this TF?

3 Higher TF Bias/Trend? FALSE with bias /trend on TF above?

Reward #DIV/0! pips Harmonic Pattern? FALSE Price at D of harmonic pattern?

Risk #DIV/0! pips Strong Supply/Demand? FALSE Fresh Sup/Dem - Strong?

RvR #DIV/0! SCORE: 0 ( 4=1% risk, else 0.5% risk)

Equity target % 0.50% NO TRADE Notes Reminders

Risk % 0.5% lower risk Reciprocal Ratios for AB=CD

Lots (or £/pip) C ( AB retrace) D (BC extension)

0.382 2.24 or 2.618

Exit Plan 0.5 2.0

0.618 1.618

0.707 1.414

0.786 1.27

Stop Loss plan 0.886 1.13

Alt AB=CD's1.27AB=CD

Bias/Trend Supply/Demand Aligned (yes/no) 1.618AB=CD

H4 3 Supply

Demand

Daily 3 Supply

Demand

LoV's

LONG

SHORT

Trade Log/Planner

how to exit the trade - under what circumstances to close out

initial stop loss - when to reduce risk - when to elininate risk (breakeven)

Market TimeFrame Date fxgw alert id Lessons Learned

7 deadly sins

Long or Short 1 CHECKLIST

Entries Primary (all must be good to trade) 1. entering a new trade just before news

1 RvR TRUE > 1:2 and 50 pips to first target 2. influenced by others

2 Structure TRUE > 30 bars and time symmetry ok 3. Trading Friday afternoon or Sunday evening

3 Strong Supply/Demand TRUE prz in/near strong S/D zone ? 4. CPI or Int Rate announcement in 24 hrs

Stop Higher TF Supply/Demand? TRUE prz in/near strong S/D zone ? 5. Over exposed on one currency

Targets SCORE: 4 (<4 means no trade) 6. Impulsive trade

1 Secondary (heavy or light trade?) 7. Trade not alerted on fxgw

2 With Bias TRUE with bias on this TF?

3 TF above bias? TRUE with bias on TF above?

Reward #DIV/0! pips AB=CD TRUE abcd on CD leg?

Risk #DIV/0! pips Hurst or Sonar TRUE Hurst < 0.5 or Sonar with bias

RvR #DIV/0! SCORE: 4 (4=1% risk, else 0.5% risk)

Equity target % 0.50% Notes

TRA-A-A-A-A-DE!! charts url's

Risk % 1.0% MAX RISK

Lots (or £/pip)

Exit Plan

Stop Loss plan

Bias Supply/Demand Levels

H4 1 Supply

Demand

Daily 1 Supply

Demand

where the targets are and under what conditions you will close out the trade

where the initial stop losses are (and why) - and when to move to b/e (breakeven)

Market TimeFrame Date fxgw alert id Lessons Learned

7 deadly sins

Long or Short 1 CHECKLIST

Entries Primary (all must be good to trade) 1. entering a new trade just before news

1 RvR TRUE > 1:2 and 50 pips to first target 2. influenced by others

2 Structure TRUE > 30 bars and time symmetry ok 3. Trading Friday afternoon or Sunday evening

3 Strong Supply/Demand TRUE prz in/near strong S/D zone ? 4. CPI or Int Rate announcement in 24 hrs

Stop Higher TF Supply/Demand? TRUE prz in/near strong S/D zone ? 5. Over exposed on one currency

Targets SCORE: 4 (<4 means no trade) 6. Impulsive trade

1 Secondary (heavy or light trade?) 7. Trade not alerted on fxgw

2 With Bias TRUE with bias on this TF?

3 TF above bias? TRUE with bias on TF above?

Reward #DIV/0! pips AB=CD TRUE abcd on CD leg?

Risk #DIV/0! pips Hurst or Sonar TRUE Hurst < 0.5 or Sonar with bias

RvR #DIV/0! SCORE: 4 (4=1% risk, else 0.5% risk)

Equity target % 0.50% Notes

TRA-A-A-A-A-DE!! charts url's

Risk % 1.0% MAX RISK

Lots (or £/pip)

Exit Plan

Stop Loss plan

Bias Supply/Demand Levels

H4 1 Supply

Demand

Daily 1 Supply

Demand

where the targets are and under what conditions you will close out the trade

where the initial stop losses are (and why) - and when to move to b/e (breakeven)