Market & Session Instrument: (ES / NQ / YM / GC / FX pair, etc.) Date: Session: (Asia / London / NY

Date

[ ] Enter the current date.

Session

[ ] Identify the trading session (Asia / London / NY).

Certainly! Here are some additional steps you could include in the "Session" section of your New Market & Session Instrument checklist

[ ] Identify the trading session (Asia / London / NY)

[ ] Determine the overlap periods of trading sessions

[ ] Assess the liquidity and volatility expected during the session

[ ] Review session-specific market trends and patterns

[ ] Analyze upcoming economic news releases relevant to the session

[ ] Identify key market participants and their potential influence on the session

[ ] Monitor any geopolitical events or factors that could impact the session

[ ] Check for significant price levels or support/resistance zones relevant to the session

[ ] Evaluate historical performance of instruments during the specific session

[ ] Set session-specific goals and targets based on analysis

[ ] Prepare for potential session-specific trading strategies (e.g., scalping, swing trading)

[ ] Confirm the opening and closing times for the session

[ ] Plan for potential shifts in market sentiment throughout the session

[ ] Ensure all technical indicators are configured for the session timeframe

[ ] Review and update any session-specific rules or guidelines in your trading plan

These steps can enhance your preparation and execution during each trading session, leading to more informed trading decisions

Market Instruments

[ ] Select the market instrument (ES / NQ / YM / GC / FX pair, etc.).

Pre-Market Analysis

[ ] Review economic news and announcements relevant to the selected instruments.

[ ] Analyze pre-market trading volume and trends.

Technical Analysis

[ ] Identify key support and resistance levels.

[ ] Analyze trend lines and chart patterns.

[ ] Review indicators (e.g., moving averages, RSI, MACD).

Fundamental Analysis

[ ] Assess market sentiment and news impact.

[ ] Review earnings reports and other relevant data for stocks.

[ ] Examine macroeconomic indicators for FX pairs.

Risk Management

[ ] Determine position size based on account risk parameters.

[ ] Set stop-loss and take-profit levels.

Trade Setup

[ ] Identify entry points based on analysis.

[ ] Confirm trade setup aligns with strategy.

Execution

[ ] Place trades according to the plan.

[ ] Ensure execution price is within acceptable range.

Post-Trade Analysis

[ ] Review trade outcomes and performance.

[ ] Document lessons learned and areas for improvement.

Continuous Learning

[ ] Stay updated with market news and trends.

[ ] Review and adjust trading strategies as needed.

This checklist provides a structured approach to preparing for trading sessions across various instruments and markets.