Trade Log/Planner

Market
Long or Short Entries 1 2 3 Stop Targets 1 2 3 Reward Risk RvR Equity target % Risk % Lots (or /pip)
how to exit the trade - under what circumstances to close out

TimeFrame
3

Date
CHECKLIST

Pattern
7 deadly sins

Primary (trade or no trade?)

RvR Supply/Demand Higher TF Supply/Demand? RSI PR,NR or multiple PD, ND? SCORE: FALSE FALSE FALSE FALSE 0 FALSE FALSE FALSE FALSE 0 > 1:2 and 50 pips to first target Price at SupDem zone ? Aligned with S/D on higher TF ? rsi reversal or divergence? ( < 4 means no trade) with bias/trend on this TF? with bias /trend on TF above? Price at D of harmonic pattern? Fresh Sup/Dem - Strong? ( 4=1% risk, else 0.5% risk)

1. entering a new trade just before news 2. influenced by others 3. Trading NY afternoon or Sunday evening 4. CPI or Int Rate announcement in 24 hrs 5. Over exposed on one currency 6. Impulsive trade 7. enter trade too early

Secondary (heavy or light trade?)

With Bias/Trend Higher TF Bias/Trend? Harmonic Pattern? Strong Supply/Demand? SCORE: NO TRADE lower risk

#DIV/0! #DIV/0! #DIV/0! 0.50% 0.5%

pips pips

Notes Reminders

Reciprocal Ratios for AB=CD

C ( AB retrace) 0.382 0.5 0.618 0.707 0.786 0.886 1.27AB=CD 1.618AB=CD D (BC extension) 2.24 or 2.618 2.0 1.618 1.414 1.27 1.13

Exit Plan

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

Stop Loss plan

Alt AB=CD's
Bias/Trend H4 Daily LoV's LONG SHORT 3 Supply Demand 3 Supply Demand Supply/Demand Aligned (yes/no)

Market
Long or Short Entries 1 2 3 Stop Targets 1 2 3

TimeFrame
1

Date
CHECKLIST Primary (all must be good to trade) RvR Structure Strong Supply/Demand Higher TF Supply/Demand? SCORE: Secondary (heavy or light trade?) With Bias TF above bias? AB=CD Hurst or Sonar SCORE: TRA-A-A-A-A-DE!! MAX RISK

fxgw

TRUE TRUE TRUE TRUE 4 TRUE TRUE TRUE TRUE 4

> 1:2 and 50 pip > 30 bars and t prz in/near str prz in/near str (<4 means no t

Reward #DIV/0! Risk #DIV/0! RvR #DIV/0! Equity target % 0.50% Risk % Lots (or /pip) Exit Plan 1.0%

pips pips

with bias on th with bias on TF abcd on CD leg Hurst < 0.5 or S (4=1% risk, else N charts url's

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)

Stop Loss plan

Bias H4 Daily 1 Supply Demand 1 Supply Demand

Supply/Demand Levels

fxgw alert id

Lessons Learned
7 deadly sins
1. entering a new trade just before news 2. influenced by others 3. Trading Friday afternoon or Sunday evening 4. CPI or Int Rate announcement in 24 hrs 5. Over exposed on one currency 6. Impulsive trade 7. Trade not alerted on fxgw

de) TRUE TRUE TRUE TRUE 4 TRUE TRUE TRUE TRUE 4 > 1:2 and 50 pips to first target > 30 bars and time symmetry ok prz in/near strong S/D zone ? prz in/near strong S/D zone ? (<4 means no trade) with bias on this TF? with bias on TF above? abcd on CD leg? Hurst < 0.5 or Sonar with bias (4=1% risk, else 0.5% risk) Notes charts url's

ORE: ?)

ORE:

e trade

(breakeven)