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since you are a newbie some more advice. do not take a risk with your money too eagerly.......trade a demo until you make money. also i used to look for at least 2 reasons for a trade ......now i search for any reasons not to take the trade........do not be too eager to take trades. this may...

thanks i would not wish my experience on my worst enemy, as mentioned earlier

the ema is just there for a rough guide .....so we do not enter too far from it.....however the strongest trends do not return to ema for a long time so if you wait for the pull back to reach the ema you may miss many of the most lucrative moves..... keep it simple: once the pull back ends enter...

he does that very well......but that is because he wants to you tell you everything: but no one can digest that huge quantity. but such generosity is rare in this trading education business it took me 12 years to figure it out. i would not wish that experience on my worst enemy. so i have...

yes for bar counting it does not matter.the pull back has finished so enter.you have tight stop. but there is one more point as far context is considered to be noted: swing ab was a down move and then you have bc as a pullback. note this pull back was deep and was all bull bars. it broke the...

everything is trading trading is relative and this is good a example of it. i will try to explain it: you are right it is L1 in relation to the swing in which it is located:you had the first down bar- a one bar trend-then a one bar pullback;because it did not break the start of the trend and...

i may have to write a book to answer all this:and i think that is why Brooks has written so much and made so many videos. the idea behind this H1 H2 L1 ETC.....is to enter when the pullback is likely to have ended.. always remember this...so it does not matter if it is H1 or H2...... but before...

yes mainly because i know what i am supposed to do......in trading that is almost everything....but that is only the entry....the exit is more difficult

well the trendline is down,so the L2 entry was in the direction of the trend line, so it was a trend trade

he does talk sense .....but do traders really need all that understanding...you do not need a PhD to make money as trader. markets move... correct... and move again. enter after the correction ends.....put a stop beyond the correction extreme...... why do you need to understand 4 books and...

if there is a trend one way to enter it, is when the pull back is over. that is the idea behind bar counting

since trading H2 L2 is a counter trend trade.....the pull back should not be too 'strong and a h2 that occurs when the pull back is strong and so the requirement of at least a trend line line break

yes they can and this bar counting is ridiculously simple if you understand the purpose behind it what is H2? and why enter on a H2? H2 is a hint that the pull back is over......and is a means to enter the 'main' trend. it also enables a stop placement which may be quite tight. so if you...

i only see brooks vids

trade closed just after the screen shot was taken....risk 5 pips 26 pips profit

you have market orders and you have limit orders. in my 30 years i have not heard of a market limit order. sounds like an oxymoron

there was a L2 trade, could have been taken since the previous swing, marked by the yellow trend line, was down: see chart.

so as you can see if you understand this concept it can be simple and powerful

this is the 30 min chart and you can see the H2 here

it did not follow through and reversed so leading to a failed L2 or a H2. the range that was formed on the 5 minute would be just a bar or two on a longer time frame chart like 30m or hourly and so would be classified as a pull back. so the move up was a likely longer time frame H2