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Week 22: Started to forward test the plan. The goal is to follow the plan consistently. Today took one long being stopped out. Made one mistake in following the plan: seeing 6:30 bar moving down so fast after break above TTR top 89.75, should have prepared to trail the stop below double...

Niko: is it possible to distinguish your exit from entry? I thought you were long right after 9:40, the blue arrow, ....... Anyway my fault. i was not reading your chart carefully but my question still valid: whether you can do this consistently. If you can trade this consistently, you...

Niko: For me, in and out would soon become a disaster for me because i would easily lose the big picture, my plan is to enter when i am 60% certain about direction therefore i am not a suitable person to comment your trading. Also i found out i cannot do well on multiple things so i chose to...

boskop: i agree with you about the advice from section 15. I read the section 15 again and plan to read it again and again. Thanks a lot.

week 21 the chart shows the problems i am working on. Wish all a great weekend!

week 21:

If questions are not just for 5m chart, i would give it a try: suppose i am trading 60m, what i would do is in the chart.

Week 21 Tuesday 2/18 Started to read section 15 of Wyckoff course.

1in10: Thank you very much for suggesting the specific section. I have started to read section 15.

DB: Thanks a lot for your prompt response. Please correct me if i misunderstand what you are trying to tell me: Although the upper limit using 3 is similar to the upper limit in the 1st chart, but you are using the thought of the post 282 but not just a swing high: remember that the...

From post 282: remember that the upper and lower limits of trend channels are determined not by swing highs and lows alone, or even primarily because of them, but by the extent to which price rises above and below the mean of the channel. Therefore, whatever trades are tethered to that mean...

DB: I didnot buy the reversal but BO. 9:47:54 @83 and hold the deep PB (one time adverse move), then exit 8:15:05 @ 83.25. Very stressful to hold through deep PB. Only pain, no gain.

Fortydraws: Thanks a lot for your sharing. Very helpful!

Fortydraws: may you share you exit? Great entry! Must be great exit too. Are you still reading those books and review and add more to those binders you shared in game's journal? Prob you donot need to do it any more. Thank you.

DB: Thank you very much!

DB: If possible, please help to comment short exit of1/27 in the chart on page 143 post #857. more than 50% PB of the down leg 0845 to 0915 PST but less than 50% PB of the whole down swing 0700 to 0915 PST. Sorry for taking you so long time. This is my last question and you donot have...

DB: i agree with you but that is my next goal. I believe FortyD loves this 77 trade. At my current level, i prefer entering late to have less information risk although more price risk. If i just learn to trade, i would focus on trades like this 77 trade immediately, but i have many fears to...

DB: My fault. Sorry. You were explaining PA from 0630 to 0800 but i was talking about a possible box from 0630 to after 9:30 or until close as in the chart. If it does not make sense to you, please ignore this box part. I think i understand what you meant. I agree sometimes the fear of...

Then you're not following your plan. If you need to modify your plan to include all this, you're free to do so. But if you don't modify it, you have to follow what you've written. Otherwise, there's no point in writing it. You are absolutely right. I will modify the plan. There is no TR...

DB: It is more accurately BO. I do sometimes buy BO instead of waiting for PB when i feel price may move very fast and even though there will be PB i feel most likely PB will be not reach my stop. Naturally i would sometimes enter early (why i allow one time adverse move) and sometimes...