NAS 100 Sell Setup Mon 23 Oct 2023

# Trading Checklist

# Trading Checklist NAS100

The major trend is down. It is better to wait for a retracement.

- [x] **Rule** Is there any setup?
- [ ] NO Setup NO Trade
- [ ] SBR
- [ ] RBS
- [ ] QML
- [ ] QMTR
- [ ] BLINDSPOT
- [x] Ruler
- [x] Use a trend-following setup.
- [x] YES
- [x] I love Risky way
- [ ] Analyze from a big time frame. Define the Entry Zone
- [x] 30M 4H
- [x] 15M, 1H
- [ ] Is there any News (interest rate Decision)
- [ ] Yes
- [x] No
- [x] Set both buy and sell zones on a higher timeframe such as 4H or Day for TP and Entry Area.
- [ ] YES
- [x] No
- [ ] Is it in Premium Zone?
- [ ] FIBO 61.8
- [ ] FIBO 78.6
- [x] FIBO 50
- [x] Check Is in sideway?
- [ ] YES Break Sideway
- [x] NO
- [x] Down trend
- [x] Check Zone within Zone?
- [ ] YES
- [x] NO
- [ ] Is there Fake out zone
- [ ] YES
- [x] No
- [x] The Risk-Reward (RR) ratio should be around 4 or more than 2. If there is an 80% chance of reaching the target, take it.
- [ ] 1:3
- [x] 1 :4-5
- [ ] More
- [x] Confirmation using Choch.
- [x] Risk Entry
- [ ] Confirmation Entry
- [ ] Is ChoCH occur in what time frame
- [ ] 4H
- [ ] Day
- [ ] Is ChoCh occur in what Zone?
- [ ] Daily
- [ ] Weekly
- [ ] or 4H
- [ ] Mark up zone Correctly and Candle Stick IMPORTANT!!
- [x] Check for Bullish Engulfing ?
- [ ] 1/3 of Wicks?
- [ ] What kinds of Kink Pattern
- [ ] Double Maru
- [ ] Doji Kink
- [ ] BE Bearish or Bullish
- [x] Weak Engulf
- [ ] Strong Engulf
- [ ] E Double

I utilize demand and supply strategies. If you would like me to analyze anything, feel free to ask.
Have a nice day.

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