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Week 12/6---12/11 Chart 60m Top chart has almost no change from the last week.

Chart 1000 Volume Updating the above chart 5000V using 1000V following plan1. Red arrow gave the time of the last bar in the 5000V chart. 1. At the bull bar 's close with the gold arrow pointing . set the bar as A1, the A part of RangeUP---ABCDE. Drew the support line at 3686...

Chart: 5000 Volume Updating the above chart 5000V: 1. On 12/5, i thought with a higher probability the market would PB to LH and then move down,, but it did not happen. 2. The event with a smaller probability happened: a strong up starting from the top half of the box, forming a HH...

Chart: 5000 volume and 60m For plan 1 and plan 2, both context and setup.1 are not precise. But setup.2 and setup.3 is quite precise. It seems to have many words, but in fact two plans do not differ much in terms of setup.2 and setup.3. (setup.1: first item under steup)

Chart: 60m Now to take a look at the plan " to wait to long HL" at the last post of page 1 written around the open of Dec 1. Since that post, 4 HLs ---{3642, 3642, 3661, 3655} have appeared, all of which are above 1/3 line 3641 of the box. I was not able to trade these 4 HLs consistently...

Chart: 5000 volume When the right blue box BO (break out) above the left gold box, there are three possibilities: BO above the right blue box, BO below or inside it. The market chose to BO above it first following by BO below it, combined to one big box so that four boxes together becomes...

Update on the last post of page 2: it reached the ABC target E3 20+ hours after the entry . What can be learned from this experiment? The gold box shown after the blue box PB can cause a lot of stress if not fully accepting the risk of the stop. It also shows to move the stop to under the...

Market has been showing the same patterns over and over again; a simple setup could have worked several times in the past 24 hours. But why is mastering the trading one of the most challenging job in the world? I feel it is resulted mainly from that consistency being very challenging to...

Chart: 2000 Volume Update for the case using the blue box as pull back: the current high is 3672.75. ABC target is 3677.25. Will the market reach the target? Let's wait patiently.

Chart: 2000 volume If we have used the same simple thought process to the following chart: 1. A1. entry not triggered. 2. A2. being stopped out. 3. A3. working so far. if using gold box as PB after BO, reached the target band E3. To keep things simple and consistent, use the following...

Chart: 5000 volume: Exit at red arrow if using a suitable target band and at gold arrow if using the price at E. How about doing the same thing at A1 and A2, if using the gold line as the suitable range bottom? Cases would be: 1. If using price at A - 2 ticks as the forever stop, it will...

Same thought process at A' (using 2000 volume chart): Entry can be one of the following three when at A' thinking with big probability a range market: 1. submit a limit entry using the price of A. 2. submit a stop entry long using a bull bar's high 3. submit a market long entry at the...

For completeness and learning the price action purpose, i am continuing post 11. I do agree with maxinger better to trade clean chart. 1. if choosing the exact price at the end of that line E as the target, it was reached at gold arrow. 2. if choosing a price band around E as the target band...

Thank you very much for your sharing. Excellent trades. You trade strong clean legs, right? Do you mind to describe how you exit your two trades on the chart? "If I didn't manage to profit from the DROP, I would stay far far away from this chart " Great advice.

I was trying to long the range bottom. So undecisive drop would be good for long, right? If possible , may you please show a chart with one of your trade? thank you.

Will it reach E before lower than the bottom of D or A ? Here up to now price did not go below A afterwards; if price dropped below A reaching stop price, need to be prepared to re-enter long if entry opportunity appears again. Re-entering is very challenging in general, therefore a good...

12/1/2020: Higher low can not be certain when it happens at the moment, therefore one good way is to consistently search for it. How to consistently figure it out by willing to fully accept the possible loss /cost i feel is both art and science. Note: XLF likely go up to test 31...

The market has made its choice. If next up m line cannot break above effectively 3615, highly likely there will be a new swing low today. Note: corrected a typo in the previous chart here.

Week 11/29- 12/04

Thought 2: Mark illustrated the following underlying dynamics of how self-discipline works in becoming a runner. The ultimate goal is to create a belief in his mental framework " i am a runner". In order to do that, Mark designed a series of subtasks/experiences consistent with the belief...