The support forum is built with (1) General and FAQ forums for common trading queries received from aspiring and experienced traders, and (2) forums for course video topics. How to Trade Price Action and How to Trade Forex Price Action videos are consolidated into common forums.
Brooks Trading Course social media communities
Last seen: Feb 23, 2022
@ludopuig Great thanks for the explanation. I was not using enough context to determine whether it was a surprise bar or not. Thanks that helps!
@ludopuig Thank you. If you look at yesterday (3/10) , there were several big bear bars closing on their lows.
@richardhk thank you for the response! Would it be fair to say a MTR needs either selling pressure (series of bear bars) OR a minor trend reversal/t...
@ludopuig Al considers the BO to have occurred because of the weak trendline break with the 2 tails? Thanks!
@danny-l correct, exactly what I am wondering.
@ludopuig I also remember Al saying that 75% of breakouts above bull channels will fail within 5 bars and reverse back down to the bottom of the...
@ludopuig Thanks for the response. I didn't realize (depending on context of course as you said) that it was around only statistically aroun...
@ludopuig Thank you, that makes sense! Great explanation.
@ludopuig Thanks for the response! I'm not sure I understand the response. It was a bull channel with a failed breakout above the channel. Then t...
@ludopuig It is about 18:30 Thanks!
