Annotating SET opens on grid paper — a colour code we use in the room
Our SET opening seminar uses a fixed colour key for extension bars, VWAP touch, and failed fades. Here is the scheme so alumni can replicate it at home.
Thai equity opens carry their own rhythm — auction print, first continuous minutes, foreign flow often visible by 10:30. We print SET index five-minute charts for seminar participants and annotate with coloured pencils, not software layers, so the markup survives away from a screen.
The colour key
- Green underline — session VWAP at the time of the marked bar (updated each hour on long sessions)
- Copper circle — extension bar that touched +1 or +2 deviation band
- Charcoal X — fade entry you would take (with stop tick noted beside)
- Red dash — stop hit or invalidation
- Blue bracket — opening range high/low from first fifteen minutes
We keep the key on a laminated card at each desk. Consistency lets instructors scan a room's packets during debrief without asking "what does your pink mean?"
Why paper for SET specifically
SET tick sizes and board lot conventions confuse traders who mark US charts digitally. Paper slows you down enough to count ticks on the stop. Seminar participants who switch to digital after day one often revert to paper for opens — the tactile count matters when stops are tight.
Homework we assign
Take one SET open from the prior week. Mark it with this key only — no indicators beyond VWAP and your deviation estimate. Bring it to the seminar; we compare anchors in the first hour. Disagreement on where +2 sat is usually more educational than agreement.
If you attend the flagship workshop first, you receive the same grid pads pre-printed with margin scales suited to SET index levels.