Trade Checklist
[ ] Pre-trade Routine
[ ] Update S/R levels
[ ] Is there news coming out?
[ ] Check liquidity, volatility, heat map
[ ] Which currencies are strongest/weakest?
[ ] Establish market type
[ ] Establish market sentiment
[ ] Which direction are these pairs heading?
[ ] Are they currently trending?
[ ] Are they in momentum?
[ ] Where are the major support/resistance levels?
[ ] What happened last time at this level?
[ ] Is this a bounce or a break?
[ ] What do the other timeframes look like?
[ ] What are the candles saying?
[ ] What areas could price slow down/reverse?
[ ] What are the correlated pairs doing?
[ ] What are the correlated markets doing?
[ ] Can you make a case for the opposite side?
[ ] What is the risk/reward ratio?
[ ] What is the spread?
*What does your gut say?
Set TP/SL
Enter trade
Set it and forget it
*Trust your trades & give them time to develop
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Links to resources