A reference sequence used in our coaching sessions. Adapt the timing to your market's open, but keep the order consistent.
Before drawing anything new, note where the daily candle closed relative to the prior week's range. Was it a higher close, lower close, or inside the previous day's body? Write one sentence describing overnight sentiment.
Do not switch to lower timeframes yet. The daily close is your anchor for the entire morning.
Identify the nearest support below current price, the nearest resistance above, and the level that defined the prior session's pivot. Use candle bodies as your primary reference; extend to wicks only when the body close confirms the level held.
Limit yourself to three marks. Additional levels create hesitation at the open.
Compare the prior session's volume to the ten-day average. Above-average volume at a level suggests genuine defence. Below-average volume at a breakout bar suggests caution.
Record your volume read in one line next to each level mark.
Draft what you would do if price opens above resistance and holds, opens below support and holds, or remains inside the range. Each scenario needs a trigger condition and an invalidation point.
No trade is taken until price action matches one of your written scenarios.
Complete steps 1–4 within a fixed window — we recommend 20–30 minutes for a single instrument. When the window ends, close the chart until your market opens or your planned entry time arrives.
Review your scenarios after the close each evening. Note which level held, which failed, and whether volume confirmed your read.