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
The BTC talks & stress a lot on "CONTEXT"... A good context always leads to great trade even if signal is weak or bad..Point Noted
My mind is asking following questions though
1. When looking at context from past- What should be look back window ? I mean how far we have to look back to get the right context ? ( Refer to my Chart 1 where we had a strong bull run and followed by a bear run upto 1st leg) - So should I see the complete picture or recent bear run
2. The context is different on day time frame and week time frame ? What to do in such case ? Should I use only the time frame which I trade and completely ignore any other time frame ( Refer to Chart 1(Day time frame) chart 2 (Week time frame)- On day time frame it is strong bear run but in week time frame it seems a pull back of bull run)
3. Should I completely avoid using the time frame notion.. As the BTC says that all charts behave same
I have just completed the videos from 1 to 7. So is it relevant to ask these questions right now ? or I complete the course and these will be answered automatically later on ?
Anyone who completed the course...Kindly answer
Hi Tarun,
recommend to complete the course first, as it will provide you with all the answers you will have during your journey through it. Started out 3 month ago and complete it myself. Anyways always going back to some session when new questions are coming in mind.
To answer your question on the time frame, Al would say, trade the chart you see in front of you. So if you are looking at daily trade in that context and same for weekly. With time you will be able to compare those to get a feeling where you stand at that moment in your TF.
Thanks Hubert
Got the idea....
Hi Tarun,
Better late then never 🙂
Use any timeframe that you think can help you anticipating the price action - high timeframes such as daily, weekly, etc. might help with investments, but us daytraders it might and only if when it comes to known historical supports and resistances - however that's not necessary. Through out the course we could hear Al Brooks saying something to this extend (paraphrased) - "Tight bull channel lotsa wicks and bars of different colour, but on higher timeframe it's a breakout". The 15, 30, 1H timeframes might just be what we need to confirm that tendency 🫡
Sometimes when looping through different timeframes - our mind may get confused because there are so much bars and trendlines and what not - the brain needs to process 🤯 80 bars sounds like exactly what doctor prescribed
Yet to complete the course but I find the market cycle breakout->pullback->range (rinse and repeat) helped to see the picture better as far as context
Hope that helps but could be wrong
1. When looking at context from past- What should be look back window ? I mean how far we have to look back to get the right context ? ( Refer to my Chart 1 where we had a strong bull run and followed by a bear run upto 1st leg) - So should I see the complete picture or recent bear run
2. The context is different on day time frame and week time frame ? What to do in such case ? Should I use only the time frame which I trade and completely ignore any other time frame ( Refer to Chart 1(Day time frame) chart 2 (Week time frame)- On day time frame it is strong bear run but in week time frame it seems a pull back of bull run)
3. Should I completely avoid using the time frame notion.. As the BTC says that all charts behave same
