Scribd
Upload
189 views3 pages

Forex Day Trading Blueprint

This document provides a trading plan for day trading and short-term swing trading using the Ichimoku Cloud. The plan focuses on trading major forex pairs during the London and American sessions using Pepperstone's C-Trader platform. Key aspects of the plan include maintaining a positive trading mentality, managing risks such as keeping individual trade risks below 2% and total open risks below 4%, aiming for daily profits between 1-3% and weekly profits between 5-10%, and using Ichimoku Cloud indicators and volume analysis to identify entry signals and trade engagements.

Uploaded by

Ahmed Nabil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
189 views3 pages

Forex Day Trading Blueprint

This document provides a trading plan for day trading and short-term swing trading using the Ichimoku Cloud. The plan focuses on trading major forex pairs during the London and American sessions using Pepperstone's C-Trader platform. Key aspects of the plan include maintaining a positive trading mentality, managing risks such as keeping individual trade risks below 2% and total open risks below 4%, aiming for daily profits between 1-3% and weekly profits between 5-10%, and using Ichimoku Cloud indicators and volume analysis to identify entry signals and trade engagements.

Uploaded by

Ahmed Nabil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

FOREX Trading Plan

Trading Plan using Ichimoku Cloud


1. Trading Mentality

☐ Anything could happen, No pre-expecting or prediction just one thing: Follow.


☐ Focus on trading Performance not result, Sharpen your skill is all you need to Success.
☐ Be Patient, don't be Greedy; you don't have to trade today or tomorrow or every single day.
☐ Doesn’t Chase the Market, Good Trades will come to you so be Relax and don’t regret for missing trades.
☐ Losing trades will Happen all the Time So Accept that, your goal is to Minimize them not to Eliminate them.
☐ Watch the market all the day is OK, but losing is not OK so be clever sharpshooter not a dump Machine Gunner.
☐ Always follow your Rules, No stupid rush Emotional trade, No exciting trading, Lose for a Reason.
☐ Manage your trade before you trade, if you decide to trade ,so no fear no hesitate or regret , just do it .
☐ Be responsible Trader because trading is business, Manage your trade, Manage your time, and Manage your risk.
You are pro day trader That's What you are, it's not your option it's your destiny, and unfortunately you have No
☐
Choice.

☐ Trading Instrument : FOREX Market


☐ Trading Platform: Pepperstone C-Trader Platform
☐ Trading Type: Day Trading, Short-term Swing Trading
☐ Trading Style: Short-term Trend Trading
☐ Trading Pairs: Major pairs
☐ Trading Reference Timeframe D,4H Timeframes
☐ Trading Engagement Timeframe 1H Timeframe
2.
☐ Trading
Trading General Profile
Session: London Session, American Session

3. Trading management

☐ Trading Account : 250 USD


☐ Risk Per Trade: 1% : 2% MAX
☐ Total Open Risk: 4%
☐ Total Account Risk: 15%
☐ Daily Target: 1% : 3%
☐ Weekly Target: 5% : 10%
☐ Monthly Target: 20% : 30%
☐ Trade Style: Market order
☐ Trading R/R: 1 : 2 MIN 1:5 MAX
☐ Force Close: Limit Order, Target Achieve, reversal situation

1
4. Day Trading System

☒ Trading Tools : Ichimoku Cloud

Volume Tick Bars

☐ Engagement signals: KumoSen Bounce

Kijunsen Test
Kumo Breakout
Chikouspan Levels

☐ Engagement Confirming: Structure Analysis


Chikouspan Momentum
Tick Volume Bars Spikes
Future Kumo Cloud

You might also like