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Forex Tools Cafe Quality Score for taking positions.

Big Channel and Big Trend are formed over the last 100 or more bars.
Use your own judgement. Don't blindly look at 100 bars and draw a line. The trend can be reversing inside that 100 bars. Consider what Price is telling you.
Small Channel and Small Trend are formed during the last 10 or more bars.
Trends are defined by rising/falling highs and lows and by drawn Trend lines.
Trend Side means the side of the channel in the trending direction.
Anti-Trend Side means the opposite side of the channel.

Unwise Actions Chasing the Market StopLoss too small StopLoss too big Immediately getting back in after getting out Risk % exceeds your maximum Support & Resistance Not at S&R, BigNumber or Pivot. At S&R, BigNumber or Pivot. No evidence of bounce or penetration. Bounced or penetrated by a close and moving away from S&R, BigNumber or Pivot. Price Action Buying: See slow curl up from rising trend line See small, orderly bars slowly rise. Selling: See slow curl over at falling trend line. See slow curl over, rounded hilltop. Moving away from double top/bottom. Buy or Selling in middle of Big Channel. In congestion channel.

Trend Just broke a clear trend line. Pending order to catch pullback in small trend. Market order during price surge in small trend. Taking position with Small Trend, See orderly rising/falling highs and lows. See bounce off clear trend line. Taking position against Small Trend, trying to pick top or bottom. Taking position with Big Trend, at trend side edge of Big Channel. in trend side half of Big Channel. at anti-trend edge of Big Channel. in anti-trend side half of Big Channel. Reversed X pips at anti-trend side of Big Channel. Taking position against Big Trend, at trend edge of Big Channel. in trend side half of Big Channel. at anti-trend edge of Big Channel. in anti-trend half of Big Channel. Reversed X pips at trend side of Big Channel. Trend is sideways or small: Reversed X pips near side of Big Channel. X= M5:10pips, M15:15pips, M60:40pips. Indicators My best indicator says take position. Most of my indicators are in agreement. Divergence is Strong Divergence is Weak

Of course this is MY viewpoint of what is important at this particular moment in my Forex career. You certainly could have a different list. I'm willing to build a few more pages if you can give me a list of simple statements and relative values between +-10 (I made StopLoss too small worth -20 since nothing can compensate for that error). I'll put them up here for any visitor to see and give you acknoledgements on the page. Thanks.