What is your trading routine

Do you want to checklist or systems name? By the way, I prefer the D1.

1 Like

When I do scalping then I use M15, for swing trading I prefer the daily chart.

1 Like

your name is familiar to me :smiley: … i want to know the steps of market analysis

In the morning, if my face is a little puffy, I’ll put on an ice pack while doing my stomach crunches. I can do a thousand now. After I remove the ice pack, I use a deep pore cleanser lotion. In the shower, I use a water activated gel cleanser. Then a honey almond body scrub. And on the face, an exfoliating gel scrub. Then apply an herb mint facial mask, which I leave on for 10 minutes while I prepare the rest of my routine. I always use an aftershave lotion with little or no alcohol, because alcohol dries your face out and makes you look older. Then moisturizer, then an anti-aging eye balm followed by a final moisturizing protective lotion.

1 Like

american physco i know you

no one can avoid loss completely , its common routine for everyone.

yes its common routine for everyone i know, but there is a limit , i have lost vast of money in this market , so sometimes i feel to make sure losses by trading is my daily routine.

I trade on D1. First I check monthly and weekly charts to understand the overall market trend. Then if my strategy permits me I open trade on D1 time frame. If I get set up, I open trade. If set up is not there, wait for next the next day.

1 Like

Just make sure a regular trading discipline; of course there is a chance to avoid regular losses.

as usual suggestion , not more something. by the way, Thank you

I trade long-term, nothing intra-day, so my routine is all in the evening after the NY close or in the early am before the London open. I do a weekly review at the weekend for my trend-following trades (I’m mainly a trend-follower but lately have also added in some swing trading). I trade forex, major indices plus a few major commodities.

Weekend routine -
check for charts in basic trending set-up (20, 50 and 200EMA’s in sequence, 50EMA slope also aligned with trend)
grade trending set-ups using weekly bars v’s 50EMA (including how many weekly closes, highs and lows in last 13wks above or below 50EMA, how many consecutive bars unbroken by 50EMA, how many weekly bars overlapping last week’s etc.)
check whether base currency is strong/weak/neutral by totalling major pairs in uptrend or downtrend on this base currency

Daily routine -
update trend set-ups
check if any new trend-following positions can have entry order set
check if any pending trend entry orders can be re-set more favourably or cancelled if trend set-up broken

for swing trades, check if any new swing highs or lows confirmed: set new entry orders if they have

for all open trades, check if charts have weakened significantly - close manually if they have

I don’t do much in the game during the day, maybe some forums, some charting, some Youtube clips.

2 Likes

lol. any suggestion is good just observe it in a proper way, of course good result will come

I have a strategy, according to which I work to find the entry point and exit point of my trade.

This. And for me takes about 10 seconds to do per pair. I can pretty much figure out whats up for all of the FX, indicies, and futures markets in about 2 minutes.

  1. Scanning the charts
  2. Indentifying the trend using the Daily charts. I also use 4H chart, but mostly the Daily chart.
  3. Looking for entry levels which I included according to my trading plan
  4. After a I found my entry level, I also place my stop loss and calculate my position size according to how much pips I risk.
  5. After price hit my entry level I close my laptop and only check my position at the end of the day.

I am an addicted person towards trading and I love to spend most of the time on the market and resources related to the market. I think my whole day and half night is the routine of my trading. I have weekends to enjoy a lot!

Wow, most dedicated person I have seen in Forex trading market sounds well. Spend time with learning new something and try to control emotions when trading. Good luck

good luck , hope you will be a knowledgeable trader very rapidly

how much you can earn by means of your trading strategy ?

My earning is small and there is no fixed amount of it. Sometimes good sometimes okay.