Alfonso, thank you very much for your work. I have learned a lot about price action from your videos and the rectangle reader indicator is fantastic. May be this is a bit off-topic but I'm trying to make a check list for myself, may be somebody will find this useful as well, or would suggest to make some changes. Here it is
TREND
1. HTF - CURVE LOCATION - BEGINNING [AROUND 50% - WAIT TO BREAK OR BOUNCE] [END - LOOK FOR CONTER TREND]
2. HTF - OPPOSITE SD ZONES ARE BEING ABSORBED [RESPECTED - WAIT TO BE ABSORBED]
3. HTF - TRENDLINE - RESPECTED [BROKEN - WAIT FOR FRESH AND ORIGINAL SD ZONE]
4. CURRENT SD ZONE HAS ABSORBED LAST OPPOSITE SD ZONE [RESPECTED - WAIT TO ABSORB]
5. THERE IS ROOM TO NEXT SD ZONE [NO ROOM - WAIT TO ABSORB NEXT SD ZONE]
6. CURRENT SD ZONE IS FRESH [NOT FRESH - WAIT FOR FRESH ONE]
7. TAKE TRADE
COUNTER TREND
1. HTF - CURVE LOCATION - END [AROUND 50% - WAIT TO BREAK OR BOUNCE] [BEGINNING - LOOK FOR TREND]
2. LAST TREND 2 SD ZONES HAVE BEEN ABSORBED [RESPECTED - WAIT TO BE ABSORBED]
3. WE HAVE ROOM TO GO TILL NEXT SD ZONE [NO ROOM - WAIT TO ABSORB NEXT SD ZONE]
4. SD ZONE IS ORIGINAL [NOT - WAIT FOR ORIGINAL]
5. SD ZONE IS FRESH [NOT - WAIT FOR FRESH ONE]
6. THIS IS NOT A SPEED BUMP OF MOMENTUM CHANGE [YES - WAIT FOR NEXT ONE]
7. TAKE TRADE
+SHORT TIME HAS BEEN SPENT IN SD AREA
+EXPLOSIVE DEPARTURE FROM SD AREA
TREND
1. HTF - CURVE LOCATION - BEGINNING [AROUND 50% - WAIT TO BREAK OR BOUNCE] [END - LOOK FOR CONTER TREND]
2. HTF - OPPOSITE SD ZONES ARE BEING ABSORBED [RESPECTED - WAIT TO BE ABSORBED]
3. HTF - TRENDLINE - RESPECTED [BROKEN - WAIT FOR FRESH AND ORIGINAL SD ZONE]
4. CURRENT SD ZONE HAS ABSORBED LAST OPPOSITE SD ZONE [RESPECTED - WAIT TO ABSORB]
5. THERE IS ROOM TO NEXT SD ZONE [NO ROOM - WAIT TO ABSORB NEXT SD ZONE]
6. CURRENT SD ZONE IS FRESH [NOT FRESH - WAIT FOR FRESH ONE]
7. TAKE TRADE
COUNTER TREND
1. HTF - CURVE LOCATION - END [AROUND 50% - WAIT TO BREAK OR BOUNCE] [BEGINNING - LOOK FOR TREND]
2. LAST TREND 2 SD ZONES HAVE BEEN ABSORBED [RESPECTED - WAIT TO BE ABSORBED]
3. WE HAVE ROOM TO GO TILL NEXT SD ZONE [NO ROOM - WAIT TO ABSORB NEXT SD ZONE]
4. SD ZONE IS ORIGINAL [NOT - WAIT FOR ORIGINAL]
5. SD ZONE IS FRESH [NOT - WAIT FOR FRESH ONE]
6. THIS IS NOT A SPEED BUMP OF MOMENTUM CHANGE [YES - WAIT FOR NEXT ONE]
7. TAKE TRADE
+SHORT TIME HAS BEEN SPENT IN SD AREA
+EXPLOSIVE DEPARTURE FROM SD AREA