forex trading, per trade cecklist
Pre-Trade Checklist
- Check financial news websites
- Analyze market trends
- Assess geopolitical events impact
- Look for price patterns
- Review historical data
- Analyze market volatility
- Calculate potential profit vs potential loss
- Consider risk tolerance
- Assess market volatility
- Identify support and resistance levels
- Use technical analysis tools
- Consider market trends
- Place stop-loss at a predefined level
- Set take-profit based on risk/reward ratio
- Adjust levels based on market conditions
- Review scheduled economic reports
- Consider central bank announcements
- Monitor political events
- Check moving averages
- Analyze RSI and MACD
- Review chart patterns
- Analyze cross-asset correlations
- Consider impact of commodities
- Review currency pairs relationships
- Check trading account balance
- Assess available margin
- Consider leverage ratio
- Review trader sentiment indicators
- Consider market positioning
- Analyze market news sentiment
Use in Manifestly