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Naked Trading Mastery Course Strategy Checklist

The document provides a checklist and journal for a naked trading mastery course strategy, outlining steps to check trends and momentum on hourly timeframes, identify patterns like wedges and engulfing bars, determine risk-reward ratios, and set stop losses and take profits at support and resistance levels, with the goal of entering trades during London and New York sessions that have at least 1:1 risk-reward. The checklist guides traders through pre-entry analysis, trade entry and management, and reviewing results after trades close.

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Danny P
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567 views2 pages

Naked Trading Mastery Course Strategy Checklist

The document provides a checklist and journal for a naked trading mastery course strategy, outlining steps to check trends and momentum on hourly timeframes, identify patterns like wedges and engulfing bars, determine risk-reward ratios, and set stop losses and take profits at support and resistance levels, with the goal of entering trades during London and New York sessions that have at least 1:1 risk-reward. The checklist guides traders through pre-entry analysis, trade entry and management, and reviewing results after trades close.

Uploaded by

Danny P
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
  • Naked Trading Mastery Overview
  • Pre-Entry and End of Trade Procedures

Naked Trading Mastery Course Strategy Checklist & Journal by kaishengchew.

com
*Control your emotion, no greed, no revenge
*Practice make perfect but human made mistake, accept SL if market against us!
*Risk amount of money that you afford to lose
*Trade only London and New York session https://www.forexfactory.com/market

CURRENCY PAIR :
Timeframe Check Remarks / Yes or No
H4 Uptrend/Downtrend/Reversal - Check H-H,H-L , L-L, L-H

H4 Check trend Health & Momentum

H4 What is the market direction?

H1 Market Stages

H1 Look for Wammis and Moolah

H1 Check H&M within W&M, is the direction agree to H4?

H1 Spot Kangaroo tail, trendy kangaroo tail, Big Shadow near to S&R, These agree to the direction?

What trader are you? Aggressive - Enter trader after 2nd or 3rd touch on S&R

Conservative - Wait for Last Kiss to show

15Mins Aggressive -Enter on the 2nd / 3rd touch on S&R [H1] , confirm by checking H&M

Conservative - Wait for miniature W&M + Last Kiss to enter

WAIT Calculate your risk : reward before enter, lot size , SL & where is TP 1, TP2, TP3 ….

TP TP1 = Next S&R, TP2 = 2nd S&R, TP3 3rd S&R

SL SL =slight away from cloud SL [away from S&R] , check on H1 TF

Enter If Risk reward 1 :1 or above then, all is green tick, enter your trade
Post Entry Trade management, if market move along your direction to next S&R, move your SL 2 pips ahead your entry price
End of trade Mark now your profit and losses in pips
PRE ENTRY
Screenshot your 1H
chart

End of Trade
Screenshot your 1H
chart

Naked Trading Mastery Course Strategy Checklist & Journal by kaishengchew.com *Control your emotion, no greed, no re
PRE ENTRY Screenshot your 1H chart

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