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Hi Matcha, Best wishes to you! It's a great idea to spend time to digest what you have learned from Dr. Al Brooks. --po

Hi Matcha, Thank you very much for your input. I am working hard on NOT repeating my mistakes. :) --po

Hi Matcha, Don't be despair! Today was a challenging day. It trended up in the morning and then started to reverse to the downside and at the very last half hour, it went back up quite strongly. When I saw the reversal right at 12:30pm p.t. on the 1 minute chart, I thought you may have...

Thank you Matcha for your reply. Yeah! Someday you will trade only the early morning hours and be consistently profitable and life would be wonderful. I actually heard some people do trade only a couple of hours profitably in the morning and then they are done for the day. I feel a bit...

Hi Matcha, Have you noticed that most of the BIG intra-day swing (movement) are within the first 90~120 minutes of the trading day. It has the greatest potential to maximize your holding time and your profit. Al Brooks said the same thing on pg 384 [Trading guideline #23] - "The easiest time...

Hi Matcha, 1.5 hours hold for +59pts. Very impressive!!!! Definitely trading plan worthy! --po

Hi All, Ha Ha!! If it took sifu >10k hours, I will have a long way to go. :mad: Yes, 10,000 hours is approximately equal to 4 years if one spends about 2,500 hours a year, 200+ hours per month. It's like going to professional schools to become a lawyer or a doctor. I guess nothing...

Did you say it takes 10,000 hours of hard work?????? :D

Hi Matcha, I agree with you for what you said about trading one setup. It is definitely not black and white. The hardest part for me is to set the context right to trade with the dominant trend because it is a moving target. I often found myself got caught at the turning point when I thought...

Hi Sis ~~~, Thank you for the wonderful Mulan video and beautiful songs. I love Disney's animation. :) --po

Hi Matcha, I think you did pretty good this week. The most important thing was you kept your discipline and have increased your confidence in spotting the trends. With more practice, I know you will get to where you want it to be.... I have by-and-large kept my promise for this week to...

Hi Matcha, Keep up the "stare" exercise! You are on the right track to STARE the profit out of the market. :) Today was a very narrow range day. I did most of the "staring" in the morning and made only 2 trades both yielded a small profit, +2 ES points for the day. It's kind of strange...

Hi Matcha, Ha Ha! "go stare" at charts! That's what I have been doing for the most part of the trading day today. :) I kept trying to fight the strong trend (at least in my head) for the whole day even though the TRIN had been super bullish. But I got rewarded when everything lined up at...

Hi Matcha, You did good today capturing >20pts. You kept your loss small and came out ahead! Way to go! All the best for tomorrow! --po

Hi Matcha, Not need to be embarrassed! It has been a rough week..... Today, indeed it was quite choppy. It's like alternating the red and green bars on the 5 minute chart for most part of the day. I took an identical SHORT trade at 11:26 p.d.t. I guess we were looking at the same thing...

Hi NoDoji, Thank you very much for analyzing one of your "favorite" short setups. I read that paragraph 3 times and now I have it visualized in my head. :) :) Hope I can use it probably next time I see this particular setup. And thank you for pointing out those 2 questions to ask before...

Hi Matcha, I love it when you said "Think Bullish"....."Think Bearish"..... Did you see the pattern??? Both affirmative thinking yielded very decent profit for you. Keep those thoughts up! :) :) --po

Hi Boli Sifu, :) This is great! Thank you very much for spending the time to document these golden trading knowledge for us in great details. I have taken notes and saved all your charts for future reference. The Bear Flag #1 was where I captured the SHORT trade on 9/28/10. Too bad, I...

Hi Matcha, Sorry to hear you had a challenging day. One thing I suggest for recognizing an uptrend quicker (at least to confirm it is happening) is to check the stochastic. Between 7:00 and 8:30 p.t. both the stochastic on the 5 minutes and 15 minutes charts were showing a rising uptrend...

Hi NoDoji, Thank you very much for your advice. Glad that you mentioned the price could have gone either way at that point. I will heed your advice to wait for the break to get the confirmation. --po