Harmonic Trading Plan Preparation Routine Scan through each pair and apply the top down analysis method, from daily chart down to 4H, down to H1. Draw major resistance and support structure levels on charts. Trading time frames are D1, 4H, H1 and M1. !hec" upcoming news. IPDE Analysis #$D% stand for #dentify, $redict, Decide and %&ecute. • #dentify' what is the mar"et doing, is it (ullish, (earish or consolidating. • $redict' loo" at structure levels )s*r+ to predict where the mar"et is li"ely going. $redict how the mar"et is going to touch that structure levels. Structure levels are li"e magnets attracting price. $redict what (uyers and sellers are thin"ing. • Decide' once prediction of mar"et direction is defined, decide how to enter the mar"et. %nter the mar"et as defined in this trading plan )dou(le tops, structure s*r trading, patterns, etc...+. • %&ecute' pulling the trigger, right position sie, trade management. Rules 1. Trade wha t you see not what you t hin" -. eact /uic"ly )men tal shif t to the ot her side+ if the predicted mar"et direction was wrong 0. Trading multipl e correlat ed pairs at the same time is allowe d (ut not recommended, especially during heavy news schedule 4. $ositi on sie of tr ades must meet the constant euro ris" amount, all trades ris" the same amount of euro . Trading with the trend gives a higher pro(a(ility of su ccess, so i f analysi s on higher time frames gives clear trends, prefer to trade with the trend on smaller time frames,
