Day trading checklist 


-What is the Monthly trend telling you. ( Is it a young  trending market or old trending market or is it in balance?)

-What is the Weekly trend telling you. ( Is it a young  trending market or old trending market or is it in balance?)

-What is the Daily trend telling you. ( Is it a young  trending market or old trending market or is it in balance?)

- Overnight inventory, In or Out of Balance, Long or Short, Gap or In range.

- Previous days Settle, In or Out of Balance, Long or Short.

-Were is the open

- Where are we in relativity to the previous days range.

-Where are we in relativity to unchanged from yesterday.

- Single prints or Excess.

-Are there too many single prints in context to the currant market conditions.

- Poor highs or lows.

- Weak highs or lows.

-What is happening at very visual levels.

- Pace of  Tempo & conviction.

-Where is half back.

-Monitoring for continuation. (Ex go back through halfback, then move past the opining, then move past the early morning trade high/ low.)

-What would it take to change value? ( Value Area overlapping high/ low).

-Is the market  Balanced or Imbalanced.

- Weak or Strong Daytime frame traders.

- Observe all this on Daily & composite timeframes.

- Footprint Bid X Ask Volume Imbalance 

- Order Flow, who are you trading against where and what kind of liquidity is present?