Jump to content
Sapperstien

What are your guys' pre trade checklist just before entering?

Recommended Posts

Once youve vetted the stock already to have enough RVOL, volume, within ATR... 

What are you guys looking for like spread, L2...

Share this post


Link to post
Share on other sites

Just before entering a trade, mostly I look for good volume (not dying), price breaking up / down important levels with volume, clean price action, not choppy, looking for patterns / setups.  I wait for pullbacks to moving averages / important levels to fine tune my entry, I look for a reasonable stop loss at a technical level and potential targets (for final target and partials) with good risk : reward. 

Share this post


Link to post
Share on other sites
14 hours ago, Abiel said:

Just before entering a trade, mostly I look for good volume (not dying), price breaking up / down important levels with volume, clean price action, not choppy, looking for patterns / setups.  I wait for pullbacks to moving averages / important levels to fine tune my entry, I look for a reasonable stop loss at a technical level and potential targets (for final target and partials) with good risk : reward. 

Awesome thanks for the response Abiel

  • Like 1

Share this post


Link to post
Share on other sites

 

1.  Candle pattern at a Support/Resistance Level to trade from

2. L2 liquidity pool supporting S/R level

3. Completed Elliot Wave pattern, therefore start of a new pattern

4. Minimal levels in my path

5. S/R Level to hide my stop see #1.

6. Risk:Reward greater than 1:4

7. Liquidity pool at my target 

8. Large cup of black coffee beside me, 

 

Cross my fingers and toes and pray to trading gods....lol

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.