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Trader Jo's Pre-Market Plan

The document outlines a structured pre-market plan for traders to identify high-probability trade setups by assessing market conditions, liquidity, and Fair Value Gaps (FVGs). Key steps include checking for higher timeframe FVGs, previous session liquidity, and the impact of economic news on price movement. The emphasis is on discipline and patience to ensure trades are executed based on clear conditions to enhance consistency.
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0% found this document useful (0 votes)
1 views6 pages

Trader Jo's Pre-Market Plan

The document outlines a structured pre-market plan for traders to identify high-probability trade setups by assessing market conditions, liquidity, and Fair Value Gaps (FVGs). Key steps include checking for higher timeframe FVGs, previous session liquidity, and the impact of economic news on price movement. The emphasis is on discipline and patience to ensure trades are executed based on clear conditions to enhance consistency.
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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Trader Jo’s

Pre-Market Plan

Framework for High-Probability


Trade Setups

Before entering a trade, I follow a structured pre-market plan to


assess market conditions and determine the best opportunities. This
checklist ensures that every trade has a clear framework based on
liquidity, Fair Value Gaps (FVGs), and momentum.

By using this approach, you’ll be able to:

Identify key liquidity targets before the session begins


Recognize high-probability trade setups
Filter out low-probability conditions and avoid
unnecessary trades

Let's dive in.


Are We Inside a Higher
Timeframe FVG?
Before executing any trade, I check if price is inside a 1H, 4H,
1D, or 1W Fair Value Gap (FVG).

If price is inside an HTF FVG, I look for a reaction and a


potential setup to target opposing liquidity.

If price is outside an FVG, I analyze whether price is seeking a


new imbalance or liquidity pool.

Example: In the charts, price is reacting from a higher


timeframe FVG. This suggests I should be looking to
target opposing liquidity, such as the Asia Low and
Previous Day Low.
Do We Have Previous
Session Liquidity?
Liquidity drives price. Before trading, I confirm whether key
liquidity pools from the previous session are present:

Previous Session Buyside/Sellside Liquidity – Are there clear


liquidity levels that price may sweep?

Asia High/Low, London High/Low, Previous Day High/Low –


These are crucial levels for trade targets.

If liquidity is present and price is reacting from a


higher timeframe level, I now have a clear
directional bias.
Is There Red
Folder News?
Economic news releases (red folder news) create volatility and
impact price movement. Adjusting to news events is critical:

If red folder news is present → Expect momentum-driven price


action.

If no red folder news → Expect low-probability setups and


choppy price action.

News Wick Strategy: If a news wick forms,


I apply the Gooey Model to time my entry.
(Check my YouTube to learn this model.)
Is Price Delivering from Internal
to External Liquidity?
Understanding liquidity flow is essential to confirming a trade
setup:

Internal Liquidity → External Liquidity → Higher-probability trade



External Liquidity → Internal Liquidity → Low-probability trade

If price is not targeting liquidity, then no trade framework
exists, and I will not take an entry.

At market open, I want to see price take internal


liquidity first, then target external liquidity for a
strong trade setup.
Conclusion: Executing the Plan
with Precision
By following this structured pre-market framework, I ensure
that every trade is based on clear conditions, reducing
randomness and increasing consistency.

Pre Market Checklist:

Check HTF FVGs for reactions.

Identify previous session liquidity pools.

Factor in red folder news for momentum or lack of movement.

Ensure price is delivering from internal to external liquidity.

If these conditions do not align, I do not trade. Discipline


and patience are key to executing high-probability
setups.

For live breakdowns of these concepts, check


out my YouTube! 🚀 @Traderjotrades

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