This is a set of rules/notes I keep on my computer:
Rule #1: Charts and Market Signals dictate direction.
Rule #2: TRADE PATTERNS BASED ON HIGHER TIMEFRAME SUP/RES. AREAS
Rule #3: Take a break middle of day
Rule #4: Wait for it.
Rule #5: FOCUS ON STRENGTH, GO WITH FLOW.
Rule $6: morning 10:30 and 3:15 key times
Rule #7: Only focus on 1 market: /tf
BEAR MARKET: shorting tops -- always higher probability. Market
oversold: enter on double/triple top bounces - at major support only.
RANGEBOUND: set limits to catch tails at 3 touch horizontal support lines
OVERSOLD: Wait for HIGH VOL. PUKE CANDLE. watch for breakout of channel for major rip... <-- entry long.
OVERBOUGHT: need to see BLOWOFF CANDLE and TL down before entry. TRIPLE TOPS
BULLTARD WEDGE B/O: Only in direction of market. Tight stop entry.
1: triple tops bottom at clear sup/res: Check Higher Timeframe for double confirmation. PLUS: must see divergent signals
2. Sharp Trend leading to break and small double bottom - enter b/o
3. Enter breakouts in wedges on Trend Days
Finally: I don't discuss exits much... but using 5-minute candles or even higher helps finds larger trendlines which often act as support / resistance. Whenever it's unclear, keep looking at a higher timeframe. Sometimes the market will just chop around because a clear support or resistance area hasn't been established. Once it is, you can use that area to find an entry.