A Traders daily plan 12

lets do some quick review

trading starts the prior day with a certain routine
and than on the actual trading day we have certain things to attend do before we start scanning the market before the open

review prior posts for detailed routine instruction or simply ask questions and I will answer in detail
@allthereisislove

here are a few examples for some web resources of checking news asf:
-Futures:
http://www.marketwatch.com/newsviewer
https://individuals.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2FholidayAndExpirationCalendar.php
http://online.wsj.com/public/resources/documents/b-econoday.htm
https://www.google.com/finance
http://www.kitco.com/charts/livegold.html
https://www.google.com/finance?q=INDEXSP:.INX&ei=ReA0V4GFKIfGsAHL5r2gAg
http://www.cmegroup.com/tools-information/holiday-calendar.html

-Forex:
http://www.forexfactory.com/calendar.php#upnext
http://finance.yahoo.com/echarts?s=EURUSD=X+Interactive#{%22allowChartStacking%22:true}

-Stocks:
http://money.cnn.com/data/premarket/
http://www.freestockcharts.com/platform/v1
https://biz.yahoo.com/research/earncal/today.html
http://www.cmegroup.com/tools-information/holiday-calendar.html
http://etf.stock-encyclopedia.com/category/triple-leveraged-etfs.html
http://www.abg-analytics.com/stock-betas.shtml#.V4VeCjXj8fZ

after that you want to get a sense for the highest probable market day that you can expect by being very nimble to allow to change that view in aspect to how the market is actually trading on that day

1.) Scan: evaluate weekly or daily trend - are we long/sideways/short
2.) Scan: evaluate pre market to determine a high probability of a daily condition:

Trend day (TD)
directional
sideways directional
sideways
sideways counter directional

from here on forward we will introduce various setups that are conducive to the various day conditions

in the prior post I already showed a high likely simple entry pattern for the "sideways directional" day condition

which is fading an extreme in the direction of the trend

to build a complete system we need for each market condition various high probability setups and than within those stack able odds in form of filters and other tools to again stack our odds for favorable outcomes

a second profitable setup for the day condition of "sideways directional" is the "V" formation which provides a low risk entry point for a continuation entry in the direction of the trend
(I will provide details for this setup in an extra post)

a third profitable setup for the day condition of "sideways directional" is the "Inflection Point" ; a related market synchronicity that is a very powerful filter for fades in the direction of the trend-It basically stacks odd by looking for validation or dis-validation in a related market at the time of entry and also synchronizes target exits by taking exits at support/resistance zones from the related market when needed
(I will provide details for this setup in an extra post)

as always
feel free to ask any questions about this or prior posts and thank you for your time
@allthereisislove ... if you follow me-I follow you...

your upvotes are greatly appreciated and may be you even consider following me THANK YOU !!!!!

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