"Prepare a Strategy to Preform and Scrutinize"

What is the trading time frame for this analysis?

What is the market context for this time frame?

What are the average interday rotations during the day session over the last few days?

Don’t forget the market may be susceptible to short covering or long liquidation!

What is your money management protocol?

What is your strategy on risk for trades that work?

What is your strategy on risk for trades that don’t work?

What would alert you to a change in Market Structure or Context?

REFERENCE POINTS:

Yesterdays Value area ( HIGH: ___________ ) ( LOW : _____________ ) (POC:_____________ )

Yesterdays Close <_______________>

Yesterdays low <________________________________Yesterdays high_______________________________>

Single Print area’s <________________________________>

Resistance area’s on the:

hourly _____________________________________________________________________________________

dailys______________________________________________________________________________________

weekly_____________________________________________________________________________________

monthly____________________________________________________________________________________

Major Support area’s on the:

hourly _____________________________________________________________________________________

dailys______________________________________________________________________________________

weekly_____________________________________________________________________________________

monthly____________________________________________________________________________________

If the Market is in balance for the timeframe you are trading, what are the UL _________ LL____________

UO_____________ LO_____________OFL_______________OTM_______________

Did the overnight session change your reference points or present any new insights like gaps?