Markets are closed on weekends, creating an atmosphere of stillness where price charts can be examined without the emotional turbulence of fluctuating bid-ask quotes. In our Chiang Mai practice studio, Saturday mornings are dedicated to the ritual of the Weekend Chart Audit.
The 4-Step Audit Checklist
- Step 1: Trade Log Forensics — Review every execution from the past five trading days. Categorize each trade as planned vs. impulsive, noting whether invalidations were respected.
- Step 2: Clean the Canvas — Remove outdated trendlines and minor levels from your charts. Keep only verified weekly and daily structural zones.
- Step 3: Map Key Scenarios — For each watchlist instrument, chart two clear 'If/Then' scenarios: an aggressive rejection scenario and a breakdown/continuation scenario.
- Step 4: Set Price Alerts — Establish objective audio and visual alerts just outside key inflection zones so you are never caught chasing unexpected volatility.
By adhering to a consistent weekend review routine, you transform chart analysis from an erratic guessing game into an orderly, professional discipline.