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I don't want to enter inside a range and it's in my plan not to. However I think a range has a beginning, a middle and an end and price behaves a bit different depending on where you are. This is something I've noticed when a range is about to come to an end: "something" happens and price...

Monday recap. It took me a while to discover that price had begun moving and weren't constrained by the pre-market range anymore (dotted rectangle is where I was wrong). It did keep me out of an initial short that looks like it would have been a scratch, and I missed the correct entry long at...

There's a level between those at 3560-ish which would be the next logical "target" as we've now passed 33.

Prep for Monday. Line of least resistance is down. I will not be surprised if price decides to rise and test 3533-ish first. Next level up after that would be 3580. My short term prep is posted in the chart above and is really all I can focus on during the session. With the risk of...

I've spent part of today reading the AMT-SLA document again, after the latest update. Anyone studying Wyckoff - and not necessarily the "straight line approach" - should do the same. I'm just sayin'. Wow. This is clearly an iterative process. I've put re-reading it on my weekly to-do-list for...

Yes, I took that. Sorry if I wasn't explicit. It's the last short, nothing special about it really. Price formed what some pattern traders would call a "beautiful 1-2-3" at the 50% swing level. Just a normal retrace. The grey dots represent entry and exit of a valid trade that I missed being...

Friday recap. As price moved briskly after the open the first entry short was from a very small retrace (09:34, posted here in real time). The next entry opportunity would have been 09:40 and had the market been slower that is where I would have entered. Anyway, in and short all there was to...

10:26 - exited the short from 23 at 08 at the break of a steepened supply line. I'll post the chart later. Have a nice session :) .

10:13 - closed at 28. Now flat. Chart in a few minutes. Edit: Here's the chart. I will not be posting more in real time today. It takes far to much focus from what I have to do (like the short now from 23).

09:57 - out at 09 as the supply line is broken and the last push down failed. I'll post a chart in a few minutes. Edit: Here is the chart. Now long from 18 which was the first retrace after the break. Edit: Seems the timestamps on these posts are off by a few minutes? Edit: No, it's me...

Prep for Friday. Price has begun moving again after several days of short bursts followed by what has felt like forever ranges. Today I will focus on a few levels where I will see how price reacts and a few where I will avoid entering (previous means of ranges). Line of least resistance is...

Thursday recap. At the second attempt to break out of the range (after a higher low in the range) there was a possible long which then failed. Not much to do after that until price reached the other side of the range where there was a short attempt which also failed. In real-time I was...

I better post that I scratched that now (09:49) for a tick. Bounced on 67.75, not unexpected. Simulator, of course. :)

Prep for Thursday. Yesterdays high (bounce of 3668-ish) was the mean of the overnight "action" from 19-20 March. Price struggled a bit at that level a few days later on the way down, and then now on the way up, 2 weeks later. Like the market has a memory. Today looks a bit similar to...

I can't edit my previous post. Just to clarify - I don't draw all the supply and demand lines, especially if they're in the middle of nowhere where there would be no trade anyway. I see the shift in balance without the lines but still use them when I feel they are important. The chart above is...

Done for today. My filter of not trading within a range worked well today. I just noticed DbPhoenix described the market close to real-time in the "Is day trading worth it?" thread today (an amusing and hilarious thread), too bad I missed that. My entries are somewhat different from what he...

Prep for today: I'll be looking for SLA entries above the top and below the bottom of the box (outside of the range); I'll avoid the mush at the center.

The original name of this thread was "getting my shit together". ET mods did not like that so I had it changed. "Section 7" seemed like a good fit as my plan was to track the market every day while learning the Wyckoff system of trading. Right now my focus is SLA since that is where I...

Todays action. Partly drawn in real-time, adjusted after hours (> 11:00) during recap.

That never happened. Events beyond my control forced me take what has now become a far too long hiatus. I did learn a few things though. I can't do this part time. I tried to follow the market and the "SLA journals" as best as I could - an hour now and then. That didn't work. It's got to...