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

Forums

Course Videos - Pri...

Support, Resistance...

21 Reversals

Video 21D - TBTL

 

Notifications

Clear all

Video 21D - TBTL

 

21 Reversals

Last Post by ludopuig 3 years ago

2 Posts

2 Users

0 Reactions

2,923 Views

RSS

 Eduardo Scheffer

Member

Joined: 3 years ago

Posts: 10

Topic starter 28/03/2022 4:03 pm  

Hi everyone!

When trading any kind of reversals, minimum objective is ten bars and two legs.

If I were trading just one contract and the market reaches 2x my initial risk - but not ten bars and two legs - would it be resonable not to take profits and still remain in the trade looking for TBTL?

Thanks for the support!

This topic was modified 3 years ago by Eduardo Scheffer

   

Quote

 ludopuig

Member Moderator

Joined: 10 years ago

Posts: 773

01/04/2022 6:57 am  

Yes, it certainly would if the context supported the trend premise.

   

ReplyQuote

Forum Jump: General Topics — General Trading Discussion — Daily/Weekend Report Discussions — Trading Journals — Programming & Automation Frequently Asked Questions (FAQ Forum) — Buying the Brooks Trading Course — Do I Need to Buy Al's Books? — How to Learn Price Action — How Long to Become Profitable? — Looking for a Mentor — Brooks Encyclopedia of Chart Patterns — Trading Room (BrooksPriceAction.com) — Trading Platforms Course Videos - Price Action Fundamentals — Getting Started (01-07) — — 01 Terminology — — 02 Chart Basics and Price Action — — 03 Forex Basics — — 04 My Setup — — 05 Program Trading — — 06 Personality Traits of Successful Traders — — 07 Starting Out — Charting Analysis (08-11) — — 08 Candles, Setups, and Signal Bars — — 09 Pullbacks and Bar Counting — — 10 Buying and Selling Pressure — — 11 Gaps — Market Cycle (12-18) — — 12 Market Cycle — — 13 Always In — — 14 Trends — — 15 Breakouts — — 16 Channels — — 17 Tight Channels & Micro Channels — — 18 Trading Ranges — Support, Resistance, and Basic Patterns (19-29) — — 19 Support and Resistance — — 20 Measured Moves — — 21 Reversals — — 22 Major Trend Reversals — — 23 Final Flags — — 24 Wedges — — 25 Double Tops and Bottoms — — 26 Triangles — — 27 Head and Shoulders — — 28 Rounded Tops and Bottoms — — 29 Climaxes — How to Trade Prerequisites (30-36) — — 30 Trader’s Equation and Probability — — 31 Swing Trading and Scalping — — 32 Orders — — 33 Protective Stops — — 34 Actual Risk — — 35 Scaling In — — 36 Trade Management and Taking Profits Course Videos - How to Trade Price Action (Main and Forex) — Trading Price Action Patterns (37-42) — — 37 How to Trade — — 38 Trading MTR Tops — — 39 Trading MTR Bottoms — — 40 Entering Late in Trends — — 41 Trading Breakouts — — 42 Trading Climactic Reversals (Failed Breakouts) — Trading Channels & Ranges (43-47) — — 43 Trading Tight Bull Channels — — 44 Trading Tight Bear Channels — — 45 Trading Broad Bull Channels — — 46 Trading Broad Bear Channels — — 47 Trading in Trading Ranges — Trading Different Times of the Day (48) — — 48 Trading the Open — — 48 Trading the Middle and End of the Day — Swing and Scalp Trading (49-50) — — 49 Swing Trading Examples — — 50 Scalping — Managing Losses (51-52) — — 51 Losing Because of Mistakes — — 52 Losing When a Good Trade Goes Bad

  Previous Topic

Next Topic  

Share:

Forum Information

Recent Posts

Unread Posts

Tags

Our newest member: QIANG

Latest Post: iioi confusion - Video 08C slide 24

Forum Icons: Forum contains no unread posts Forum contains unread posts

Topic Icons: Not Replied Replied Active Hot Sticky Unapproved Solved Private Closed

 Powered by wpForo version 2.4.0