Intro
Before entering any trade, you need structure.
This checklist helps you:
- stay consistent
- avoid emotional decisions
- only take valid setups
1. General Conditions
Before even looking at a setup:
- Am I trading during active market hours?
- Are there no major news events approaching?
- Is the market liquid and clean?
- Am I using correct position size and leverage?
2. Retest Setup
Key Level
- Have I marked a clear support or resistance level?
- Has price reacted here before?
Breakout
- Did a full candle close beyond the level?
- Did I avoid entering immediately after the breakout?
Retest
- Did price return to the level?
- Did it show rejection or consolidation?
- Do I have confirmation (engulfing, reaction, structure)?
Risk Setup
- Stop-loss placed beyond the level
- Target based on structure or 2:1+
3. Spike Entry (Scalping)
Spike Identification
- Clear impulsive move
- Strong volume or volatility
Exhaustion
- Price slowing down
- Reversal candle forming
Execution
- No chasing
- Entry after confirmation
Risk
- Tight stop based on structure
- Quick profit or trailing stop
4. Final Check
Before entering:
- Does the setup meet all rules?
- Am I forcing the trade?
- Is risk defined?
- Am I mentally calm and focused?
Key Rule
If one condition is missing, do not take the trade.
Final Thoughts
Consistency comes from:
- following rules
- not chasing setups
- staying disciplined
Bottom Line
Plan the trade before you take it.
