Tuesday, May 15, 2012

Quick Checklist

1, Check Higher Timeframes for Patterns / areas of  support/resistance

2. Check 1-min candles for Supply Areas and Patterns (3-bump trendlines, double top/bottoms)

3. Check volume - particularly at areas of support/resistance

4. Check candlesticks patterns at sup/resistance areas (long tails especially)

5. Check Market Signals (qqq, xlf, xhb, iyt, uso, oih, ewg, ewp, gld, aapl, fcx)

6. Check  time of day, month (is it near opex? end of month/quarter

7. Check for any data coming out.

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