Setting up and planning a trade is one of the most important parts of trading success. Knowing the correct levels to trade from and when to enter a trade is vital to get you on the right side of the ledger.
Another part of trading that new-comers do not put much emphasis on is practicing and reviewing these techniques along with taking notes and archiving previous trades. Doing this one thing regularly will put you on the right path to consistency.
In the video below, I review my steps for identifying the key levels and what I look for in the price action. I also give some trade examples and what evidence I pieced together that led to the trade setups.
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