Rules

Daily set-up checklist:
Plot on chart:
• Pivots
• Previous day high/low
• Previous day POC, VALH and VALL
• S&P – Current day POC, VALH and VALL
• S/R Levels
Rules:
First observations:
• Where are we trending relative to the most recent swing?
• Do we have an obvious bias for direction?
• Are we in a range period?
• Where is the next expectation level?
• Is there any obvious trapped orderflow?
• How is the 3m looking for bias?
• Do we have any scenarios?
• Will the next trade we are looking for be high/low-probability
A level where we look for a test = Current high/low of the day or a level where at least 2 swings have stopped.
A Zone = Several swing highs stopped in close proximity but not exactly this is supply/demand zone take test trades but they will need more room to breathe so adjust trading accordingly
New trend = Price breaks a previous swing in the opposite direction by around at least 8-10 pips we are now looking for PBs in the new direction should price act accordingly.