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Fundamentals 2. COT 3. Technicals: Idea Generation

This document outlines the key steps and phases in forex trading: 1) The idea generation phase involves analyzing fundamentals, Commitment of Traders reports, and technical indicators to identify high-probability, low-risk trading opportunities. 2) In the trade management phase, traders place market or limit orders and use stop orders to manage risk exposure on open positions. 3) The closure phase involves exiting positions at breakeven, for a win or loss based on accounting of trading progress reports.

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Isaac Osabu Anang
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137 views1 page

Fundamentals 2. COT 3. Technicals: Idea Generation

This document outlines the key steps and phases in forex trading: 1) The idea generation phase involves analyzing fundamentals, Commitment of Traders reports, and technical indicators to identify high-probability, low-risk trading opportunities. 2) In the trade management phase, traders place market or limit orders and use stop orders to manage risk exposure on open positions. 3) The closure phase involves exiting positions at breakeven, for a win or loss based on accounting of trading progress reports.

Uploaded by

Isaac Osabu Anang
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
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FOREX TRADING LOGICS/ FLOW DIAGRAM

1. Fundamentals
2. COT
3. Technicals
WIN

MARKET ORDER TRADING


ACCOUNTING AND
LOSS EXIT PROGRESSS
BUY OR SELL
MONEY REPORT
TRADING
MANAGEMENT
Exposure and PLAN/
Minimum Req. STRATEGY BREAK EVEN

High probability setups


Idea Generation Low risk/ reasonable
exposure

FILLED
PENDING ORDERS
TRASH Limits and
Stop Orders UNFILLED

IDEA GENERATION PHASE TRADE MANAGEMENT PHASE CLOSURE PHASE

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