Remember: There will always be more trading opportunities.
If it does not meet this criteria, let a trading opportunity pass.
Supply and Demand Zones
Large engulfing candles larger than the last 7 to 10.
Only on the Daily time frame and up.
Support, Resistance, and Fib Zones
Look for trades only at these zones.
Only exception is the trending doji.
During trend pause, it should extend it’s shadow long against trend.
The longer the better.
During only small consolidation, six short candles max.
Trend-line, Support, or Resistance Breakout and Retest.
Very important to only trade after retest.
Observe Market Patterns
Double and Triple Patterns, with last portion smallest.
Triangles and Wedges: Watch for 5 bounces and Breakout Retest.
Channels: If larger, trade Trend Breakouts.
Otherwise, trade channel zones and breakout retest.
(Confirm with Candle Patterns)
Trade Candle Patterns at Zones Only
Doji, Dragonfly, Harami, Hangman, Hammer, and Tombstone:
The longer the shadow the stronger the signal.
Tweezers: The closer they match, the better the signal.
Engulfing and Piercing: Engulfing being the strongest.
Morning and Evening Star: Require strong doji, or Harami.
Big Belt: When the market gaps, and is filled with one long candle.
Flags and Pennants: Must be candle to candle formation.
Can also trade breakout and retest, to be safe.
Always follow with the higher level trend
Closing Above or Below Moving Average
RSI, Stochastic, or MACD
There’s my trading plan. Hope it helps.