What This Resource Helps With
The Weekly Market Prep Sheet helps traders start each week with a clear, structured plan. It guides you through a top-down market analysis process to identify key levels, assess market structure, and plan your trading week:
- • Top-Down Analysis: Starting with macro views and drilling down to daily/intraday timeframes.
- • Key Levels: Marking support, resistance, and areas of interest for the week.
- • Market Structure: Identifying trends, ranges, and potential breakout or reversal areas.
- • Trading Scenarios: Planning "if-then" setups and contingencies.
- • Risk Rules: Setting daily, weekly, and position-level risk parameters.
How to Use It
- 1. Sunday evening or Monday morning, download and open the sheet before market open.
- 2. Review higher timeframes first (weekly, daily) to understand the macro structure.
- 3. Mark key levels, support, and resistance where you expect buyers/sellers to show up.
- 4. Write down trading scenarios: "If price breaks this level, I'll look for..." or "If this happens, my risk rule is..."
- 5. Refer to your prep sheet daily as you trade. This is your game plan.
- 6. Review and update as the week progresses. Market structure can change.
Key Takeaways
- ✓ Preparation beats reactive trading every time.
- ✓ Top-down analysis provides context and reduces confusion.
- ✓ Having a plan before the market opens keeps emotions in check.
- ✓ Risk rules must be set in advance, not during the trade.