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Hi Matcha, Besides being a wonderful PA student, you are also a wonderful fine arts student too! :) You really can draw very nice pictures. Thank you for taking the time to put the setup in the microscope. I can now see clearly how you counted the Larger legs. :) :) I was counting the...

Hi Matcha, Beautiful trade #3. You stayed with the trade through the next pullback and captured the full run of it. 33% winrate and the PnL was excellent. This is a classic example of being able to win big and lose small. The exit on trade #1 showed that you can make quick decision to...

Hi Matcha, I like the upward channel that you drew. Couple of PA questions - 1) At around 11:00 pst, did it look like a H2 LONG setup after a small 2-legged pull back to the lower channel? 2) When you said looking for a short at the first H/L, does H/L mean LOWER HIGH (as in your 3rd...

Thank you Sis ~~~. I will keep that in mind. Work hard and work smart! --po

Hi Matcha, If it is of any consolation, I am doing DOUBLE poorly today (& YTD). It was tough finding any good setups during the long consolidation phase after the run-up. Was thinking about using the HYN method to jump onto the moving train earlier in the day. Same # of trades (4), 25%...

Hi Boli Sifu, Sounded like a great plan! But I need to work much much harder to get luckier in my trading first. :) --po

Hi Matcha, Don't be sad.... Next time you will capture at least 60~75% or more of the profit. :) The important thing is you know you can spot a good trade. Today was the type of day to likely require a little bit of overtrading because of the tight range and the need to re-enter after...

Hi Sis ~~~, Thanks again for sharing. The scene and the scenery are very beautiful! The singing sounded very soothing. It's much better watching this video than watching the choppy market for the last 3 hours. :) --po

Lucky you!!!!!

Hi Matcha, Thank you for the recap of the trading. I fully agree that after the gap+the big 220 YM pts down, the ODDS of going down more was significantly reduced. (I like your quantitative analysis of the probabilities!) The 3 trades that I took during the lunch doldrums were 1). A long...

Hi Matcha, I think you made the right choice to switch to scalp mode in the afternoon trading. The range started getting narrower after the 4(?) pushes down. I didn't trade earlier in the morning during the down turn. When I got back, I made 3 unsuccessful trades in the lunch doldrum...

Hi Matcha, Congrats to that excellent and very profitable trade! You sure had demonstrated that you can do it - had the staying power to hold the trade till your intended profit target through thick and thin. It's quite a trade. Ha Ha! You sure don't need to be a heartless cold "b" while...

Hi WF, Well said. I like what you said about "FOLLOWING my system as PERFECTLY as I can". Using your "perfectionism" energy to FOLLOW your SYSTEM/METHOD instead of striving for a perfect outcome of each trade. Do you consider your trading method as more mechanical than discretionary...

Hi Matcha, That was a great 1st trade! I concur that your entry skill has improved and also you have been trading with more confidence. Keep up the good work! You've logged in a positive week! Don't let those 2 stop tightening trades border you too much. It is part of your game plan...

Hi Matcha, Even though your order at 10:00 didn't get filled, but it was a very good catch! Could have been a great mid day reversal trade. Have you considered using a buy stop order instead of a buy limit order. This way you won't have to wait for the price to come down to the hit price and...

Hi Matcha, You did great achieving your daily goal and nailing that wonderful 42 pts! :) Thank you for confirming my analysis of the bullish reversal at 7:00pst. I thought I might be making some misguided counter-trend trades. I, too took one b/e (+0.25 points) trade before entering a LONG...

Hi Boli, I know I am not qualify to comment on the practical value of candle and Al's bbb for day trading purpose. I think you are correct that pure candlestick techniques can be a challenge to apply on different timeframes for intraday charts, for the patterns look different amongst them. I...

Thank you very much Matcha for sharing your 2 week quest of studying Al's PA trading method. I think you can market your "BIG" notebook. I know it contains a lot of priceless PA knowledge in there. :) :) You are correct that "Learning trading is an endless job!" You are making a big progress...

Hi Matcha, Welcome back to the journal! Today was indeed a very narrow trading range day in 2 level of narrow ranges. There was a good TR failed B.O. at 8:00 pst. It showed up on the ES chart but didn't make it to the YM. The failed B.O(s). later in the day were a bit narrow to trade. It...

Hi Sis ~~~, Thank you very much for the beautiful beautiful art works by Vincent van Gogh and the very very soothing song by Don McLean. Now I am calm and :) . --po