LEVEL 4 · Building a Market-Study Workflow · LESSON 16
Pre-Market Checklist
Organize events, reference levels, chart context, and personal risk limits in one reviewable checklist.
LEARNING OBJECTIVE
Organize events, reference levels, chart tools, and personal risk boundaries in order.
IN ONE SENTENCE
A pre-market checklist gathers information to review in one place. It does not predict prices or replace a personal risk plan; record only data you can explain.
Basic concepts
Previous-day and overnight levelsExplainClose
High, low, or closing prices from the prior trading day and the overnight session.
POC, VAH, and VALExplainClose
The profile's Point of Control and the upper and lower boundaries of its Value Area.
Maximum daily lossExplainClose
A personal risk boundary defined in advance for the day.
Software walkthrough
Menu placement may vary by platform version. Use the current official guide when a label differs.
- 01
Step 01
Note economic events, the previous day's High and Low, the overnight High and Low, and the previous close.
Check: Confirm the displayed settings match the selected inputs.
- 02
Step 02
Check the session and data range used for VWAP, VAH, VAL, POC, Opening Range, and Cumulative Delta.
Check: Confirm the displayed settings match the selected inputs.
- 03
Step 03
Write down the maximum risk per trade and maximum daily loss from your own plan.
Check: Confirm the displayed settings match the selected inputs.
- 04
Step 04
If no setup fits the plan, pause and continue observing.
Check: Confirm the displayed settings match the selected inputs.
Concept diagram
Study scenario
Fill the checklist for a historical day and identify missing fields without inferring direction.
A checklist does not make a market judgment. Do not act without a clear plan.
Common mistakes
Issue: Charts use inconsistent Sessions.
Check the input, version, session, data, or setting that controls this behavior.
Issue: Market context is filled but risk plan is missing.
Check the input, version, session, data, or setting that controls this behavior.
Lesson summary
- 01
Standardize event times.
- 02
Source each reference level.
- 03
Define risk boundaries beforehand.
PRACTICE EXERCISE
Record events, prior/overnight levels, VWAP/VAH/VAL/POC/OR, and risk limits.
Use static, historical, or browser-local sample data only.
OFFICIAL REFERENCES
Checked against public documentation
This lesson paraphrases official material. Check the installed version for current interface details.
Education note
Software and market education only. No direction signals, live order instructions, or performance claims.
Trademark and independence
NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.