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
Hi
Pl see the attached chart. I have recently joined the course. My understanding of this chart based on my little knowledge
after a tight bear channel wih heavy sell off...It went into bear flag / extended pull back
I see a breakout below this flag range can give a nice opportunity to short
Your views
(Not seeking advice but a healthy discussion on understanding real time charts)
If The pullback stayed below the two-thirds of the height of prior sell off, according to Al's teaching, the probability is the market is going lower. But if the pull back on this chart goes up to two-thirds, it become 50-50 whether its going to go lower or go higher..
these are Al's Probabilties. I am a newbie to Als course.
