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Brooks Trading Course social media communities
Last seen: Sep 13, 2024
At the risk of sounding cynical, after 14 consec losing trades, you might have a profitable system if you do the opposite. But, seriously, if yo...
post your trading plan. Then we can discern your problem. If you dont have one, that is the problem.
Al also includes the option to early exit before the stop is hit, as summarised in the attached extract from his list of accronyms. 😀
If the climax setup is there, the risk/reward is always good because price climaxed (strongly), and the reversal (with multiple good counter-trend bar...
A climax is a setup. You are looking for 2 of the last 3 bars as strong with-trend bars, Followed by multiple good reversal bars.
Looking at Al's two images, there are at least 2 differences: 1. 43A doesnt have convincing climax bars 2. 42A waits for multiple good reversal ba...
I meant to say '...h1, h2 refers to one and then two pushes in a pullback in a broader bullish setting...'.
As I understand it, h1, h2 refers to one and then two pullbacks in a broader bullish setting. H1 may consist of multiple bars in the pulldown or only ...
What Shubh says below. It means the next moves will more likely be sideways OR down. So, less likely to be up.
You are right 😀. My comment was that in Brooks training we are encouraged to be flat shortly before and after a known important news (includes earni...
And further to Shubh's comment, if RETA got some important fundamental news, a V-shaped reversal could occur. As you know, the Brooks training would h...
You didnt mention which timeframe you are trading.😀 Shorting, or buying any instrument intraday (on say, a 5min chart) is equal if the setup is good...
Its the opposite signal before your target is hit. In the bull scenario, you typically exit on a stop order a few ticks below the subsequent bear sign...
Traders Equation videos because they teach impetuous, impatient people not to try to defy reality. 😀
