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stopped out

thanks good stuff that was exactly what Brooks would have said. even now i have trouble thinking like him

yep good point thanks that was a big help

true it was two leg move

https://screenrec.com/share/xwlhud2C7n

https://screenrec.com/share/L16J8yXkIo

yep it was not a very good short.... i am not very good at this brooks thingy

https://screenrec.com/share/UhmLtyOXap

https://screenrec.com/share/n4fVsAvBHZ

long https://screenrec.com/share/4BbCPWLJjf

stopped out https://screenrec.com/share/qKeRiFkHGc

https://screenrec.com/share/hwBCkoQzap

https://screenrec.com/share/E1UJMfRub2

sold 22.02.2021_08.53.11_REC (screenrec.com)

closed trade you can see the explanation of the trade and where i closed and the profit in the history in this video link below not complicated and there is no need to flog Mr Al Brooks https://screenrec.com/share/RSW5QfdCVP

sold aud usd

Brooks also talks about another critical thing and that is two legs...... it is important for traders to recognise this movement. i must add that it is not brooks' genius to recognize two legs: it was mentioned in books 70 or more years back as ABC corrections.

brooks is very clear determine the context and then look for a set up consistent with that context

are you nuts. they are derived from individual stocks...they are some sort of average of individual stocks..perhaps a weighted average how can they be detached.....

not if you are looking for specific things, a specific context....wait for a pull back from a strong momentum move and the wait for the pull back to weaken and then wait for a set up to enter in the direction of the original strong momentum move and ignore the setups in the opposite direction...