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SMC Day Trader Checklist

The SMC Day Trader Checklist outlines essential steps for trading during the London and NY sessions, focusing on daily bias, session preparation, point of interest identification, liquidity sweeps, confirmation, execution, and post-trade analysis. Key considerations include marking session highs and lows, avoiding high-impact news events, and ensuring a proper risk-reward ratio. The checklist emphasizes the importance of journaling trades and mastering a limited number of currency pairs.

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malibetshepiso55
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135 views2 pages

SMC Day Trader Checklist

The SMC Day Trader Checklist outlines essential steps for trading during the London and NY sessions, focusing on daily bias, session preparation, point of interest identification, liquidity sweeps, confirmation, execution, and post-trade analysis. Key considerations include marking session highs and lows, avoiding high-impact news events, and ensuring a proper risk-reward ratio. The checklist emphasizes the importance of journaling trades and mastering a limited number of currency pairs.

Uploaded by

malibetshepiso55
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SMC Day Trader Checklist (London & NY Sessions)

1. Daily Bias

[ ] Is the higher time frame bias clear? (4H / Daily)

[ ] Are we in a premium (sell) or discount (buy) zone?

[ ] Is price nearing a major liquidity pool (equal highs/lows)?

2. Session Prep (London / NY)

[ ] Have I marked key session highs and lows?

[ ] Am I avoiding high-impact news events like NFP or FOMC?

[ ] Have I marked buy-side and sell-side liquidity zones?

3. POI Identification

[ ] Have I identified a clean Order Block, Fair Value Gap, or Breaker?

[ ] Is it in the correct location (premium for sells, discount for buys)?

4. Liquidity Sweep

[ ] Did price sweep a key liquidity zone?

[ ] Was it followed by a strong rejection wick or engulfing candle?

5. Confirmation

[ ] Did we get a Break of Structure (BOS) in the desired direction?

[ ] Is there a clean retracement into a smaller POI (1M-5M)?

[ ] Can I set a tight stop (above the sweep) and smart TP?

6. Execution

[ ] Risk per trade = 1% or less

[ ] SL is protected above/below the liquidity sweep

[ ] Entry is at retest or confirmation - not impulsive

[ ] RRR is at least 1:2 or 1:3

7. After Trade

[ ] Did I journal this trade (win or lose)?

[ ] Screenshot before/after with notes


SMC Day Trader Checklist (London & NY Sessions)

[ ] Review what went right and wrong

Extra Tip

[ ] Only trade one or two pairs per session. Master your pairs.

[ ] EURUSD, GBPUSD (London) | USDCHF, USDJPY (New York)

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