if you cannot keep your cool when the market gives you a hard time.....you can never trade.
i have some where to go, somewhere i want to be...i do not bother about distractions
learning to trade is a journey NOT A SET UP
early asian session i was asleep.....
.i woke up logged on and found an shorting opportunity but
the long signal you talked about, according to brooks, was very clearly there.
oh how easy it is to make fun of somebody.........no wonder most or all of the posts in ET belong to this category.
well done you are making ET an active forum
a inside bar is basically a H1.... a two leg correction ABC..... H2 and a wedge[3 leg correction] H3.......it confused the hell out of me for a long time as it did many many others.....but i took a lot of pain to understand it at a high cost of losses...my dimwittedness because i continued...
a inside bar is basically a H1.... a two leg correction ABC..... H2 and a wedge[3 leg correction] H3.......it confused the hell out of me for a long time as it did many many others.....but i took a lot of pain to understand it at a high cost of losses...my dimwittedness because i continued...
brooks says market tries to go up two -three times and then tries to go down 2-3 times[two leg corrections]
this is what the market does whole day.
for 13 years i was wondering what the fuck he was talking about.
i think everyone reads his book and wonders what the fuck he is talking about
it is really quite simple if you use some trading common sense and look through some of his terms like H2 [which is a two leg pull back entry].
if you use his basic set up..... buy enter which is buy above a good looking bull bar to enter what may be a swing up .........it is not very difficult...
i am going back to basics....
....most times there is a range or congestion.....S/R.....
break out and then S becomes R or BO R becomes S market keeps repeating this..... simple edge
even brooks says traders should swing...he has said that he scalps to pass time waiting for swings to set...
i am wondering if it is necessary.....no insult to brooks....
i have traded Pring Elliot demark fib Hansen Bollinger Rashcke but ultimately the market keeps doing the same thing but different people see it different ways.
the best traders, the enlightened ones, trade the way they see it...
i am going back to basics....buy low sell high.....most times there is a range or congestion.....S/R.....break out and then S becomes R or BO R becomes S market keeps repeating this simple edge
all true......
resistance becomes support.....the market gives second chance to enter always ......i was buying the support whole weekend in the training mode in my mt4 and did well. there is a clear edge in trading around the S/R......KISS works well....
i am going back to basics....buy low...
yes....:banghead:
.... same way elliot has failed me, Hansen has failed me. Raschke has failed me, Bollinger has failed me......my trading soft ware mt4 has failed me.....macd has failed me ,ema has failed me....
you are really use fantastic logic
i have seen all break outs from inside bars reverse -fail as brooks calls it.....to confuse you maybe :D
but the time the break out reversal does not continue to new highs / lows but reverses again this is a trend reversal