NKANKA Academy

Level 2 ยท Lesson 10 ยท ~20 min

Reading a lesson-plan post

Before each session, the classroom posts a ๐Ÿ“’ lesson plan listing the day's zones and the patterns it will study. A little later comes a ๐Ÿ—บ๏ธ chart lesson with a picture of those zones and how they were found. Every part of both posts uses ideas from the last three lessons. This lesson reads them line by line.

The lesson plan, top to bottom

The lesson plan is scheduled before its session starts: 4:45 PM CT for Asia, 1:45 AM for Europe and 7:45 AM for the US. With round-the-clock sessions on, the post begins with the session's name, such as ๐Ÿ‡บ๐Ÿ‡ธ US, so it's clear which room it belongs to.

A mock classroom post with numbered callouts: the header naming the market and day, zone lines for R2 and R1 above price and S1 and S2 below it, the role after each colon, the list of patterns to study, and the homework line
A mock classroom post with numbered callouts: the header naming the market and day, zone lines for R2 and R1 above price and S1 and S2 below it, the role after each colon, the list of patterns to study, and the homework line

Line by line, it says:

  1. The header: the market, NQ, and the trading day the plan is for.
  2. The zones: listed from the top of the chart to the bottom. The R zones come first, highest to lowest, ending with R1. Then the S zones, starting with S1. So price sits in the gap between R1 and S1. The intro line mentions yesterday's session and the overnight session, but the zones also draw on the weekly, daily and hourly charts, as the last lesson showed.
  3. Each zone line: its name, its range from bottom to top in whole points, and after the colon its role, the reference prices that built it. "Oct 2 daily low, Sep 29 daily high, Oct 1 3:00 swing low" means a daily low, a daily high and a 60-minute swing low all landed in that area.

One zone line, piece by piece

The chart lesson lists the same zones and adds two things to each line: the strength and the tier from the last lesson.

A mock chart-lesson post with five numbered callouts on one zone line: R3 is the name, 31,143-31,156 the range, strength 76 the stacked evidence, daily the tier, and the rest the role
A mock chart-lesson post with five numbered callouts on one zone line: R3 is the name, 31,143-31,156 the range, strength 76 the stacked evidence, daily the tier, and the rest the role

Read as a sentence, the R3 line says: the third zone above price, between 31,143 and 31,156, fairly strong at 76 out of 100, built mostly from the daily chart. Its reference prices are the Oct 7 daily low, the Oct 1 daily high, and this morning's 8:55 low.

There's a flip hiding in there, too. The Oct 7 daily low was a floor. Price has since fallen below it, so now it sits above price as part of a resistance zone.

A close-up price scale where three reference prices, two daily and one from today's session, merge into one red zone labelled R3 with strength 76
A close-up price scale where three reference prices, two daily and one from today's session, merge into one red zone labelled R3 with strength 76

Patterns and homework

The lesson plan's second list is "Patterns we'll study today". Each line names a pattern the room's watcher looks for at these zones today, such as "Stall into R1" or "Higher low at S1". Level 3 teaches each pattern in turn.

The word in brackets gives the direction the pattern studies. Traders call a position that gains when price falls short, and one that gains when price rises long. So a short-side pattern is about price falling away from a zone, and a long-side pattern is about price rising away from one. These are labels for study, not instructions.

The last line is the homework. Drawing the zones takes a few minutes, as Level 1 showed. The second half asks two questions about each zone: what would need to happen there before it counts as a setup, meaning a pattern worth studying closely, and where is it invalidated, meaning which price would show the idea was wrong. Levels 3 and 4 answer those questions.

A practice chart with the plan's four zones drawn as boxes, R2 and R1 in red above the candles and S1 and S2 in green below, and candles that climb from S2 through S1 into R1, then settle in the gap between R1 and S1
A practice chart with the plan's four zones drawn as boxes, R2 and R1 in red above the candles and S1 and S2 in green below, and candles that climb from S2 through S1 into R1, then settle in the gap between R1 and S1

In our posts: "R3 31,143-31,156, strength 76, daily: Oct 7 daily low, Oct 1 daily high, today's 8:55 low"

That one line, from the chart lesson, now reads like a sentence: which zone, where, how strong, which timeframe, and what built it.

Recap

Try it

Find the most recent lesson-plan post in the classroom, or use the example in this lesson. Rewrite each zone line as one plain-English sentence, the way this lesson reads R3. Then draw the zones on your simulator chart and, for the nearest R zone and the nearest S zone, write down which pattern the post lists for each one.

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