Pivot takeout buy: pre-trade checklist

Yes No Criteria
Is the previous pivot high a minimum P5 pivot (daily chart)?
Do you have room to run before the net resistance level?
Is the stoc! rallying from a higher s"ing lo"?
Do you have #$CD Convergence (higher highs together)?
Is the volume increasing as the stoc! climbs?
$re the moving averages up"ard sloping% sho"ing bullish momentum?
$re there strong bullish candles (epanded range)?
&ave you chec!ed the earnings date for this stoc!?
$re the broad mar!et ' stoc!(s sector agreeing "ith a bullish trade?
$re you using proper money management and is the trade planned) *+,+-+* (*ime frame% ,ntry%
-top ' *arget)?
Pivot takeout buy: during-trade checklist
Yes No Criteria
Is your stop loss order placed?
Is it belo" a technical support .one?
Is the trade profitable% if so should I be adding to the position?
Is it time to move my stop loss up?
$re the /road #ar!et and stoc!s -ector bullish?
Pivot takeout short: pre-trade checklist
Yes No Criteria
Is the previous pivot lo" a minimum P5 pivot (daily chart)?
Is the stoc! falling from a lo"er s"ing high?
Do you have #$CD Convergence (lo"er lo"s together)?
Is the volume increasing as the stoc! falls?
$re the moving averages do"n"ard sloping% sho"ing bearish momentum?
$re there strong bearish candles (epanded range)?
&ave you chec!ed the earnings date for this stoc!?
$re the broad mar!et ' stoc!(s sector agreeing "ith a bearish trade?
$re you using proper money management and is the trade planned) *+,+-+* (*ime frame% ,ntry%
-top ' *arget)?
Pivot takeout short: during-trade checklist
Yes No Criteria
Is your stop loss order placed?
Is it above a technical resistance .one?
Is the trade profitable% if so should I be adding to the position?
Is it time to move my stop loss do"n?
$re the /road #ar!et and stoc!s -ector bearish?
Exhaustion trade buy: pre-trade checklist
Yes No Criteria
&ave you reached an ,haustion point to the do"nside?
Do you have an over0etended to the do"nside stoc!?
Is there ,haustion 1olume at the lo"s (2 normal or more)?
Do you have ,panded 3ange /ullish Candles (often hammer)?
Do you have a /ullish Divergence?
$re you oversold on 3-I (belo" 45)?
Is there any immediate 3esistance to interfere "ith a /ullish -etup?
$re the broad mar!et ' stoc!(s sector agreeing "ith a bullish trade or ehaustion point?
Did you chec! the earnings date for this stoc!?
$re you using proper money management and is the trade planned) *+,+-+*+ (*imeframe% ,ntry%
-top ' *arget)?
Exhaustion trade buy: during-trade checklist
Yes No Criteria
Is your stop loss order placed?
Is it belo" a technical support .one?
Is the trade profitable% if so should I be adding to the position?
Is it time to move my stop loss up?
$re the /road #ar!et and stoc!s -ector bullish?
Exhaustion trade short: pre-trade checklist
Yes No Criteria
&ave you reached an ,haustion point to the upside?
Do you have an over0etended to the upside stoc!?
Is there ,haustion 1olume at the highs (2 normal or more)?
Do you have ,panded 3ange /earish Candles?
Do you have a /earish Divergence?
$re you overbought on 3-I (above 65)?
Is there any immediate support to interfere "ith a /earish -etup?
$re the broad mar!et ' stoc!(s sector agreeing "ith a bearish trade or ehaustion point?
Did you chec! the earnings date for this stoc!?
$re you using proper money management and is the trade planned) *+,+-+*+ (*imeframe% ,ntry%
-top ' *arget)?
Exhaustion trade short: during-trade checklist
Yes No Criteria
Is your stop loss order placed?
Is it above a technical resistance .one?
Is the trade profitable% if so should I be adding to the position?
Is it time to move my stop loss do"n?
$re the /road #ar!et and stoc!s -ector bearish?
Trend reversal first pullback buy: pre-trade checklist
Yes No Criteria
Do you have an e7ual or higher s"ing lo"?
&as the pullbac! come into the fibonacci .one?
Do you have a /ullish Divergence?
Is there ,haustion 1olume near the lo"s?
Do you have ,panded 3ange /ullish Candles?
Is there any immediate 3esistance to interfere "ith a /ullish -etup?
&ave you moved out of an oversold 3-I (belo" 45)?
$re the broad mar!et ' stoc!(s sector agreeing "ith a bullish trade?
Did you chec! the earnings date for this stoc!?
$re you using proper money management and is the trade planned) *+,+-+*+ (*imeframe% ,ntry%
-top ' *arget)?
Trend reversal first pullback short: during-trade checklist
Yes No Criteria
Is your stop loss order placed?
Is it above a technical resistance .one?
Is the trade profitable% if so should I be adding to the position?
Is it time to move my stop loss do"n?
$re the /road #ar!et and stoc!s -ector bearish?
Trend reversal first pullback short: pre-trade checklist
Yes No Criteria
Do you have an e7ual or lo"er s"ing high?
&as the rally come into the fibonacci bearish .one?
Do you have a /earish Divergence?
Is there ,haustion 1olume near the highs?
Do you have ,panded 3ange /earish Candles?
Is there any immediate support to interfere "ith a bearish trade?
&ave you moved out of an overbought 3-I (above 65)?
$re the broad mar!et ' stoc!(s sector agreeing "ith a bearish trade?
Did you chec! the earnings date for this stoc!?
$re you using proper money management and is the trade planned) *+,+-+*+ (*imeframe% ,ntry%
-top ' *arget)?
Trend reversal first pullback short: during-trade checklist
Yes No Criteria
Is your stop loss order placed?
Is it above a technical resistance .one?
Is the trade profitable% if so should I be adding to the position?
Is it time to move my stop loss do"n?
$re the /road #ar!et and stoc!s -ector bearish?
Realignment Buy: pre-trade checklist
Yes No Criteria
$re you in a long term up trend yet short term do"n trend?
Do you have a clear trade setup that should be a short term trend reversal (brea!ing above
trend line or resistance pivot)?
Do you have a /ullish Divergence?
Is there ,haustion 1olume near the lo"s?
Do you have ,panded 3ange /ullish Candles?
Is there any immediate 3esistance to interfere "ith a /ullish -etup?
&ave you moved out of an oversold 3-I (belo" 45)?
$re the broad mar!et ' stoc!(s sector agreeing "ith a bullish trade?
Did you chec! the earnings date for this stoc!?
$re you using proper money management and is the trade planned) *+,+-+*+ (*imeframe% ,ntry%
-top ' *arget)?
Realignment Buy: during-trade checklist
Yes No Criteria
Is your stop loss order placed?
Is it above a technical resistance .one?
Is the trade profitable% if so should I be adding to the position?
Is it time to move my stop loss do"n?
$re the /road #ar!et and stoc!s -ector bearish?
Realignment short: pre-trade checklist
Yes No Criteria
$re you in a long term do"n trend yet short term up trend?
Do you have a clear trade setup that should be a short term trend reversal (brea!ing belo"
trend line or support pivot)?
Do you have a /earish Divergence?
Is there ,haustion 1olume near the highs?
Do you have ,panded 3ange /earish Candles?
Is there any immediate support to interfere "ith a /earish -etup?
&ave you moved out of an overbought 3-I (above 65)?
$re the broad mar!et ' stoc!(s sector agreeing "ith a bearish trade?
Did you chec! the earnings date for this stoc!?
$re you using proper money management and is the trade planned) *+,+-+*+ (*imeframe% ,ntry%
-top ' *arget)?
Realignment short: during-trade checklist
Yes No Criteria
Is your stop loss order placed?
Is it above a technical resistance .one?
Is the trade profitable% if so should I be adding to the position?
Is it time to move my stop loss do"n?
$re the /road #ar!et and stoc!s -ector bearish?