Things to take note before and during a trade

Before Trading

Correlation power

Strong vs Weak

Strong vs Neutral

Weak vs Neutral

The money spot

Find strong candles supporting the direction of the intended trade. If bias is sell, is there a strong indication of the price action suggesting the sellers are here? If yes, what about the buyers? Are buyers weakening? From here we read the story.

During an active trade

Considerations prior to trade entry

What logical area is good for SL? Consider covering the spreads.

What logical area is good for TP? Are there any areas that may give problem during an active trade? Consider getting out at that price point.