Developing a FOREX Post-Trade Plan

Once you have marketed your closing session lines you are almost ready to be dismissed. But there are a few tasks still to do to complete the trading loop. The first is a continuation chart. You can do this on your watch profile for now. The scheme here is to annotate the markets you are following at the end of each session. When you next trade, referring to those visual notes will, if done properly, get you back in the trading groove quickly and efficiently. I call these continuation charts. This is a method I developed for my own tradingâ

By Michael Duane Archer
Michael Duane Archer has been an active futures and FOREX trader for more than 35 years. He has worked in various advisory capacities, notably as a commodity trading advisor, registered SEC investment advisor, and branch manager for Heinold of Hawaii. He currently trades FOREX and futures and is involved in several technical analysis research projects.

Copyrighted 2016. Content published with author's permission.

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