With every method I have traded since I started trading FX I try and make a check list for entering trades. What do you guys think about working together and making such a checklist so we have a reference to know we are only taking the best, real, and hopefully most profitable Sonic entries?
Example,
1- could be about checking waves and higher highs etc.
2- could be about having an eye on market volume?
3- about the dragon, the slope of it etc
4- watching upcoming news maybe, like payroll..
5- possibly checking the h4?
6- asian session volatilty..
This is just a quick example that may be a starting point for an idea.
I know not every trade is equal and differs alot from other trades on a regular basis, but just maybe we can get a clear and concise checklist, this could be beneficial to both new and old Sonikers.
Any thoughts is greatly apreciated.
regards,
anderou
Thank you j16!