ForexLens

Floor 6: The Model

Replay Desk

Replay Desk replays a simulated chart one bar at a time beside a written checklist of four boxes. You take the trade only on a bar where all four are ticked and true, and you say "No trade" if they never are. It teaches following a checklist while the chart moves. The grade is process only.

Create a free account to play

Free, with a verified email address. An account saves your progress, and floors and tiers open as you level up.

What it teaches

Following a checklist when the chart is moving.

  • Acting only on conditions you wrote down beforehand.
  • Telling "nearly complete" from complete.
  • Passing on a chart that never gives the full entry model.
  • Separating the quality of a decision from how the trade turned out.

How a round plays

  1. A line marks the liquidity your plan is waiting for. Press "Next bar" to print the next candle. At higher levels the bars print on their own.
  2. Tick each of the four boxes when you see it happen: sweep, structure break, gap, and price back in the gap. The last one is about the latest candle only, so it clears on every new bar.
  3. Take the trade on a bar where all four are ticked and true. If the replay ends and they never all were, the right call is "No trade".
  4. The review shows the bars on which the checklist was complete, or the box that could never be ticked.
  5. What the trade did afterwards is shown last, labelled and never graded. A run is five replays, about six minutes.

How it is graded

You are graded on process: whether every box was ticked and true on the bar you acted on, and whether you passed only when a box was missing. The outcome of the simulated trade never changes the score, and some correct trades are built to lose so that you can see the difference.

The honest note

Good process on a losing trade is still good process, and the reverse is also true. The Desk rewards the first and ignores the second because luck is not a skill.

The concepts behind it