Trading Entry Rules

Use for conrmations of trades.. Use These as ( conuances, and extra conrmation, add ons for PRICE ACTION)

Double Tops/Bottoms, Triple Tops/Bottoms, H&S Pattern,

Trend Line Bounces and breaks, 61.8 b retracement rejection.

Price has broken out and closed above or below a trendline.

Price has rejected from a key Fibonacci Price Reversal Level 61.8 is best.
(38.2, 61.8, 78.6, 88.6) .
Price has formed a reversal candlestick pattern at
supply or demand/ support or resistance levels.
Price has retested and rejected from a previous broken level..
Trendline bounce or b level.
Price is showing heavy divergence with RSI at a major level, swing point,
supply and demand zone.
Price has completed a valid harmonic pattern, and has printed a candlestick
reversal pattern. Even better is you get a harmonic pattern completion near a
S&D S&R zone, old trendline or something like that we call this stacked S&R,S&D.
Enter into a trade only when candlestick analysis, and S&D S&R levels
compliment each other.

Price has rejected from a Quarter Point Quarters Theory.

 Trading Analysis Checklist
Have you set up Quarters Theory S&D, S&R zones?

Have you identied market structure? What is the current over all bias?

Have you identied swing points within market stricture? ( HH, HL, LL, LH )

Have you drawn long, medium, and short-term trend lines on daily, 4 hr, and 1hr?

Have you drawn Fibonacci retracements from relevant swing points?

Have you identied any chart patterns or candlestick reversal patterns?

Have you identied relevant support and resistance zones?

Have you identied any relevant congestion / consolidation zones?

usually will be a pendent pattern or a rectangle pattern.
Have you identied current price action? Is there buyers or sellers in control or
gaining control of the market?

Have you identied if price is currently in trend or counter-trend?

Have you done analysis on the daily, 4hr, and 1 hr?

Have you checked if there are any news events coming out today for the
pairs you are trading?

Have you identied any divergence in current price?

 Stop Loss Placement Rules
-Identify Risk Stop Loss Level.
- Determine Position Size
- Place Trade if O.K..

25-50 pip stop loss above or below the high / low of the reversal signal candle, pattern.

25-50 pip stop loss above or below Fibonacci retracement level

25-50 pip stop loss above or below swing high or low of market structure.

Move stops above or below new high or low that is formed as you move into prot.

Stop loss placement must warrant a minimum 1:2 risk to reward ratio.
 Trading Exit Rules
Exit and re-analyze market if trade has hit your stop loss. Do not exit a trade until
price has hit your designated stop loss.
Exit trade if price prints a clear reversal pattern at a major S&R, S&D level.

Exit trade if price prints a rejection candle from a major S&R, S&D level.

Exit trade when price hits your measured moved trades. ( Fibonacci Extensions,
Chart patterns, etc.

Exit trade if price starts to consolidate / congest - usually signs of price reversal
or price stalling.

Exit trade when price hits your desired risk-reward ratio.1:2 minimum R-R.

Exit trade when price breaks current trend line / reference line.

Do not exit your trade until price hits your moved stop or trailing stop
in a trending market.