Pre-Trade Analysis 1. Market Context: Understand market trends, sentiment, and news. 2. Technical Analysis: Study charts, patterns, and indicators (e.g., RSI, MACD). 3. Fundamental Analysis: Evaluate economic indicators, financial statements, and company performance. Trade Setup. 1. Clear Entry and Exit Points: Define precise entry and exit levels. 2. Risk-Reward Ratio: Ensure a favorable risk-reward ratio (e.g., 1:2 or 1:3). 3. Position Sizing: Calculate optimal position size based on risk management. Trade Validation 1. Confluence: Align multiple indicators or factors (e.g., trend lines, moving averages). 2. Support and Resistance: Identify key levels and potential breakout points. 3. Momentum: Assess price movement and velocity. Risk Management 1. Stop-Loss: Set a stop-loss to limit potential losses. 2. Take-Profit: Set a take-profit to secure gains. 3. Risk Percentage: Limit risk per trade (e.g., 2% of equity). Trade Monitoring 1. Price Action: Monitor price movement and adjust strategies. 2. Market News: Stay informed about market developments. 3. Trade Adjustment: Adjust stop-loss, take-profit, or position size as needed. Post-Trade Analysis 1. Trade Review: Evaluate trade performance and identify areas for improvement. 2. Journaling: Record trades to refine strategies and optimize performance. Key Indicators 1. Moving Averages (MA) 2. Relative