End of Session Reviews (LOKZ + NYKZ)

The main reason for these reviews is to drill in pattern recognition for my entry model so when it is presented in the market I have the confidence to take it knowing I’ve seen similar setups hundreds of times before. The secondary reason is that once you have your model and know the profitability of your strategy you must collect more data to be able to execute your positions. By reviewing each sessions price action you are able to assess the frequency of trades that fit your rules throughout the week. Through this depending on if more or less trade opportunities are given a week than you ideally want, it enables you to adjust your risk and/or rules to achieve the goals you desire.

End of Day Reviews (H12 > H4 > H1)

As traders our past selves are often right but during the trading day we experience cognitive dissonance from things such as emotions/other people’s opinions/chart candles which can make us lose sight of our original plan. By analysing the chart at the end of the day when you’re calm and level headed and plotting the HTF levels at which to look for your entry model it helps you avoid taking bad trades and also means less time at the chart as you can set an alert at your level and only come back after it triggers. Another benefit is by having HTF levels plotted on different timeframes you can overlay the H12, H4 and H1 levels and clearly see high confluence zones to position search as I’ve noticed that when a trade goes wrong it’s often because I didn’t pay attention to the HTF levels and if I did I wouldn’t have taken it.