Professional Documents
Culture Documents
Ensure your structure and correlates even on the lower timeframes like the
5M and 1M, (Only enter when the lower direction correlates with the
higher timeframe direction). Take note of liquidity levels and S&R as well to
ensure you aren’t stop hunted.
Identify chart patterns & your key levels. These points will be where you
could possibly be looking to execute.
***Always lookout for Market Structure Shift’s as they could possibly turn a
winning trade into a loss, especially on the lower timeframes, so always keep an
eye on the lower timeframes***
Step Two: (Charting)
Using the top-down method, identify and draw all necessary information.
You’re specifically looking for trend channels and/or Liquidity levels.
Mark only the relevant points to minimize lines on your chart and to
eliminate any noise.
Don’ts:
* Don’t trade on the breakout, always wait for a retest as we
only execute on the correction and never on the impulse.
*Overleverage/over risk your account to ensure to able to live
to fight another day.
*Never chase a setup. You can’t predict the market so until it
fully plays out like you’re expecting it then it hasn’t favored you.