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Naked Trading Mastery Course Strategy Checklist

The document provides a checklist and journal for a naked trading mastery course strategy, outlining steps to check trends and momentum on hourly timeframes, identify patterns like wedges and engulfing bars, determine risk-reward ratios, and set stop losses and take profits at support and resistance levels, with the goal of entering trades during London and New York sessions that have at least 1:1 risk-reward. The checklist guides traders through pre-entry analysis, trade entry and management, and reviewing results after trades close.

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325 views2 pages

Naked Trading Mastery Course Strategy Checklist

The document provides a checklist and journal for a naked trading mastery course strategy, outlining steps to check trends and momentum on hourly timeframes, identify patterns like wedges and engulfing bars, determine risk-reward ratios, and set stop losses and take profits at support and resistance levels, with the goal of entering trades during London and New York sessions that have at least 1:1 risk-reward. The checklist guides traders through pre-entry analysis, trade entry and management, and reviewing results after trades close.

Uploaded by

Danny P
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Naked Trading Mastery Course Strategy Checklist & Journal by kaishengchew.

com
*Control your emotion, no greed, no revenge
*Practice make perfect but human made mistake, accept SL if market against us!
*Risk amount of money that you afford to lose
*Trade only London and New York session https://www.forexfactory.com/market

CURRENCY PAIR :
Timeframe Check Remarks / Yes or No
H4 Uptrend/Downtrend/Reversal - Check H-H,H-L , L-L, L-H

H4 Check trend Health & Momentum

H4 What is the market direction?

H1 Market Stages

H1 Look for Wammis and Moolah

H1 Check H&M within W&M, is the direction agree to H4?

H1 Spot Kangaroo tail, trendy kangaroo tail, Big Shadow near to S&R, These agree to the direction?

What trader are you? Aggressive - Enter trader after 2nd or 3rd touch on S&R

Conservative - Wait for Last Kiss to show

15Mins Aggressive -Enter on the 2nd / 3rd touch on S&R [H1] , confirm by checking H&M

Conservative - Wait for miniature W&M + Last Kiss to enter

WAIT Calculate your risk : reward before enter, lot size , SL & where is TP 1, TP2, TP3 ….

TP TP1 = Next S&R, TP2 = 2nd S&R, TP3 3rd S&R

SL SL =slight away from cloud SL [away from S&R] , check on H1 TF

Enter If Risk reward 1 :1 or above then, all is green tick, enter your trade
Post Entry Trade management, if market move along your direction to next S&R, move your SL 2 pips ahead your entry price
End of trade Mark now your profit and losses in pips
PRE ENTRY
Screenshot your 1H
chart

End of Trade
Screenshot your 1H
chart

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