Trading Plan Draft NoRestriction

Quick Reference Trading Plan
A guide for trading Daily Charts using

Pin Bar Reversals
Inside Bar Break Outs
Fakey Reversals
Combo patterns
(c) Learn To Trade The Market
www.LearnToTradeTheMarket.com
Copyright www.LearnToTradeTheMarket.com 2010 - Author Nial Fuller
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The past performance of any trading system or methodology is not necessarily indicative of future
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CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN

LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT
REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS
MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET
FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO
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Trading Plan and Checklist for Daily Charts
Developing Responsibility
Filtering Trades by Finding Confluence
Quick Guide To Each Setup
Ways To Enter Each Setup
Summary
About Trading Plans
NOTE- This is a FIRST ATTEMPT, it took me 2 days to complete and It will likely take many attempts
to get it perfect., it is my FIRST attempt at helping traders with a trading plan or checklist etc,
Please check the document once a month, it will change and be updated. I am passionate about
making this trading plan checklist document very detailed for my members.
Lets Begin ... Trading plans or trading checklists as I call them hold you accountable, provide
general filters/guides for each trade you take. My personal trading plan consists of a list of my
strategies/patterns as well as a filtering check list or confluence checklist. The basics of my
personal trading plan combine an entry trigger confirmation signal with a confluent trend or
horizontal level or retracement point (or multiple confluence points). The idea is that by looking
for confluence , each trade entry trigger is justified by a fail safe filter like a level, trend or
retracement point.
Example - We see a bullish pin bar, and that pin bar forms at an obvious swing support level,
and the market is above the 21 day ema ,thus we have multiple confluence on the buy side, we
would take that trade given the probability is bullish
.
What this document contains
This document contains a quick reference of each of my price
action trading entry triggers, the different ways we can enter
each setup, and the different filters or confluent
alignments we can use to back up and justify our trades.
The idea of this document is to provide you quick reference for
each setup, entry types, and how to match up the signals with
confluent levels, trends or retracement points. A suggestion
for each filter for each setup is also included.
Enjoy ..
Quick Reference of Patterns
Pin Bar Reversals
Fakey Reversals
Fakey Pin Bar Combo
Inside Pin Bar Combo
Long Tail Pin Bar Fakey
Pin Bars
Inside Bars
Combo Pin bar + Inside Bar
Fakey + Pin Bar
Normal Fakey Patterns
Long tail pin fakey
Entering The Setups
Aggressive and Conservative Entry Types For
Pin Bar Reversals
Fakey Reversals
Fakey Pin Bar Combo
Inside Pin Bar Combo
Long Tail Pin Bar Fakey
Pin Bar Entry
Inside Bar Entry
Standard Fakey Entry type 1
Standard Fakey Entry type 2
Fakey Pin Combo Entry type 1
The 4
th
Bar of This pattern acts as the trigger - Use an at market order
Fakey Pin Combo Entry type 2
Conservative entry needs to see the trigger bar 4 close first, then we enter at market
Entry types for Long Tail Pin Fakey (daily chart only)
Combo entry types
Confluence and Filters for Each Setup
Pin Bar Reversals Filters
Inside Bar Break Outs Filters
Fakey Reversals Filters
Fakey Pin Bar Combo Filters
Inside Pin Bar Combo Filters
Long Tail Pin Bar Fakey Filters
Pin with trend confluence
Dont trade pin bars against trend if you can help it
Only Obvious 50 to 55%% swing retracement confluence
Trade pins from key levels in swinging range bound markets
Favour the trend when looking at consolidation phases
Inside bar with confluent trend
Inside bars with confluent levels
V bottom pattern + Pin bar, if against trend increases odds
Fakey with trend confluence
Fakey with confluent levels
Summary of Trading Plan Checklist
and
Justifying Trades with Confluent Filters
Key Observations I have on Confluence
Entry signals are to be matched up with at least
one or two other confluent filters.
The majority of confluent confirmation is to
stick with the obvious momentum
Only trade from levels that have proven
themselves as turning points before.
Only Trade against an obvious trend is there is a
key level which has proven itself before as
support or resistance. (it must be obvious)
Simple to follow
A trading plan check list need not be complex
This trading plan setups checklist is an example of a simple plan
which is easy to follow, you can recall it at any time to help justify
a trade or look for further confluent reasons to back up a price
action pattern/signal
Always refer to something of this nature to hold yourself
accountable, and to confirm that what you are seeing matches up
with your stated plan of action and check list.
If you cant make sense of a trade, and it does not contain the
basic principles of this trading plan checklist or one that you have
devised, then DONT TRADE.
Closing Tip
DO NOT OVER THINK TRADING, stop trying to work out every fine detail just
get over it. The market cant be solved, it's not perfect, it is not a puzzle that
wants to be put together, so just stop over thinking it and accept it for what it
is.. A PRICE ON A SCREEN
Nothing is mechanical and nothing will look the same 2 times, each scenario is
different, so I have learned a way of looking and feeling about the forex
charts, in time it all becomes clear that there are basic principles behind
each profitable trade, the most obvious being that those profitable high
yielding trades always showed me multiple confluence or confirmations to
enter.
Good trading and see you soon
Nial Fuller

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Trading Plan Draft NoRestriction

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Quick Reference Trading Plan

A guide for trading Daily Charts using

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN

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