Part 1:Daily Report Card
1. Nov 23rd 2023
2. Emotions : I am feeling neutral in the premarket analysis. I am long bias due to the 2m being near the extreme of the swing leg.
3.Goal: Insert my daily sole focus that I will consciously work on
- I will take take only valid trades that fit my trade plan.
-I will follow my risk management strategy with some slight discretion based on different market structure.
Reminder or Aphorisms for Myself
- Follow your plan for 100 trades and makes an improvement daily. Process over progress.
-Gameplan Halts
1. 1 Win for the session than I will trade with 0.2 lots and track and trade.
2. A loss of 0.5% capital total for the session. Can be from reduced risk trades.
3. Max Loss of 2 trades
-Pre-session Analysis
Daily: Bullish + EQ
1H: Bullish AND Bearish - Price action has momentum on either side of the market. Broke the high plus wicked the low first.
15M: Bullish
- I can see the market move in either direction for this session due to the volatility from London Session.
- Current analysis is that the extreme of the current swing range with hold and big players will want to hold the bottom to long trade against.
Temp (How I feel) 0530
1. Grade: A-
2. Sizing for Session: 0.25 % risk per trade
3. In My Favor : Extreme swing range during open
4. Comments : Currently have an a.1 risk entry on MT4 with a 5 pip stop loss. I will remove this order if the price going 2% away from my trade.
- If this happens I will transition to A.2 playbook
-Deep in the discount = long trades are higher probability
0530-0600
1. Grade: A-
2. In My Favor : Extreme of swing range
3. Comments: Placed A risk entry A.1 at demand Zone.
What I learned ?
What I improved on today?
Changes Needed from today?
Overview:
Easiest Gainer?
Insert Write-up:
1. Nov 23rd 2023
2. Emotions : I am feeling neutral in the premarket analysis. I am long bias due to the 2m being near the extreme of the swing leg.
3.Goal: Insert my daily sole focus that I will consciously work on
- I will take take only valid trades that fit my trade plan.
-I will follow my risk management strategy with some slight discretion based on different market structure.
Reminder or Aphorisms for Myself
- Follow your plan for 100 trades and makes an improvement daily. Process over progress.
-Gameplan Halts
1. 1 Win for the session than I will trade with 0.2 lots and track and trade.
2. A loss of 0.5% capital total for the session. Can be from reduced risk trades.
3. Max Loss of 2 trades
-Pre-session Analysis
Daily: Bullish + EQ
1H: Bullish AND Bearish - Price action has momentum on either side of the market. Broke the high plus wicked the low first.
15M: Bullish
- I can see the market move in either direction for this session due to the volatility from London Session.
- Current analysis is that the extreme of the current swing range with hold and big players will want to hold the bottom to long trade against.
Temp (How I feel) 0530
1. Grade: A-
2. Sizing for Session: 0.25 % risk per trade
3. In My Favor : Extreme swing range during open
4. Comments : Currently have an a.1 risk entry on MT4 with a 5 pip stop loss. I will remove this order if the price going 2% away from my trade.
- If this happens I will transition to A.2 playbook
-Deep in the discount = long trades are higher probability
0530-0600
1. Grade: A-
2. In My Favor : Extreme of swing range
3. Comments: Placed A risk entry A.1 at demand Zone.
What I learned ?
What I improved on today?
Changes Needed from today?
Overview:
Easiest Gainer?
Insert Write-up: