Forex Toolkit
Risk Calculator
Performance Review
Pre-Trade Checklist
Calculator Mode
Target by Margin Level
Assess by % Risk
Assess by Fixed $ Risk
Your Current Equity
Current / Entry Price (XAU/USD)
Select Leverage
1:50
1:100
Use standard levels (120, 110, 100%)
Target Margin Level (%)
Risk per Trade (%)
Risk Amount ($)
Stop Loss Price
Take Profit Price (Optional)
Calculate Risk
Analyze performance based on your daily summary.
Ending Equity (Final Balance)
Day's Profit / Loss ($)
Analyze Performance
Psychological Assessment
Am I calm, focused, and free from distractions?
Am I trading out of frustration or a desire for "revenge"?
Is this a premeditated trade from my plan, or a spontaneous decision?
If I am at work, am I able to monitor this trade effectively?
Phase 1: High-Level Analysis
Check the 4-hour or daily chart for the major trend direction.
Only trade in the direction of the major trend.
Identify key higher-timeframe support/resistance or Fibonacci levels.
Phase 2: Lower Timeframe Analysis
On the 5-minute chart, is the price trending or consolidating?
Wait for a strong breakout or a reversal candlestick pattern.
Check the RSI. Is it confirming the trend or showing an extreme reading?
Phase 3: The Final Confirmation
Look for at least two or more confirming signals for the trade idea.
Ensure the risk-to-reward ratio is favorable (e.g., 1:2 or 1:3).
Does this trade fit my overall trading plan?
Clear Checklist