I'm starting week with my thought about learning of trading.

I found that it is impossible to get all knowledge contained in Jim's books when I read it few times. I have to get a lot of practice, face the problems in all area (eg. context, trade management, ML) and start looking for solutions in Jim's books by reading it again. And that's what I think: all solutions are there. I just have to implement it into my behavior and trading plan.

This a lot of material and it is sometimes very difficult mentally (like trading against trend on trading timeframe) that's why process of learning must be repeated many times until aim will be achieved.

I can't imagine how Jim could learn trading without his books It must be incredibility more difficult and long process then we are faced with.

I'd really like to see it get to that lower level today, in the RTH, but the odds, in my opinion, are increasing that it is done in here.

Coming into the first bounce zone. Let's see.

new improved version of what I saw this morning...

C'mon, oinker, give me that 50 level...

You can see why it stopped here, and why it wants to bounce.

Originally posted by rat89

new improved version of what I saw this morning...

Click image for original size

Click image for original size

Watch this mini GZ...

Watch the possible bearish ABCD here, but it looks like they woke up, let the games begin.

Yeah, that ABCD.

Notice when and where I said that, and what has happened since.

Originally posted by jimkane

...it looks like they woke up, let the games begin.

another abcd into the kz right up into the low end of the first hour range