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i am not sure that is true unless the trades and the reason they were taken were explained in complete detail and everyone understands the explanation. many profitable traders explain their method in books......does not help most

your choice i cannot hold a gun to your or anybody else's head.....to force you to come here guns are banned in my country

most of the time i found my entry was too soon, all the time i could have had a better entry if i had waited. being correct in direction was not a problem.... so that is what i mean by trading less.....

all good discussion with you have really helped me.....i may go live in another 10 days again by the way if you want to go live with very small capital open an account with a forex broker.....you can get bad brokers with an initial 200 usd or a good ecn broker for 500-1000....suggest one like...

i am profitable in my demo with 50% win rate... what is important and problematic is drawdown which is huge....that is a killer of live accounts.....in demo you can always average...that is not an option in live. so you have to use tight stops......but stops that trigger too often is also a...

i must thank you again......cannot thank you enough.... for reminding me that Brooks is all about market cycle you are damn right as brooks says market cycle is important...as the trend progresses the market slowly gets more and more congested...then you have to fade breakouts.....at the...

because i want to trade 5 min trades.....not hourly. it does not matter if hourly is ranging .....i can still get long or short trades in 5 min. that is the purpose of 5 min to make MORE trades....not watch hourly also and make less trades. so if i am watching and trading daily time frame you...

as brooks says market cycle is important...as the trend progresses the market slowly gets more and more congested...then you have to fade breakouts.....at the beginning of trends you trade BOs....that is all there is to trading......no need for back test no need for proof no broker statements

for most impossible!!!!!!!!!

if i wanted to hold longer i would see 1H only.....not 5 min.

in theory that sounds wonderful practically it may be difficult since there will be many swing lows in 5M so which swing low are you going to trade?

i am not sure this would be an advantage if you want to tighten your entry in 30 min say by seeing 4 H.......you will miss the purely 30 min trades and only end up taking trades which are dictated by 4H.....so why not see 4H alone?

where Valez get tricky is if you take his signals in a channel...same with brooks.....you will get one signal and then the opposite in rapid succession in a channel

what i meant about conflicting signals was after entering on a H2, you get a L2 ....which fails later.......with brooks this is tricky.........it may be the same with other teachers or not do not know. H2 L2 are higher low and lower high respectively and are very powerful signals since buyers...

i think if you trade 5 min TF then you are scalping...........and you will get and want [if not why trade 5 min?] many more trade signals and that may well lead to whipsaws and overtrading

yes it is just too many......and you have not mentioned the conflicting signals which make you get out way too early. Brooks does not emphasize the importance of a good signal bar enough and i have found that is the most important we would all be millionaires.... but you do get pretty clear...

like here https://screenrec.com/share/CwisXMQhfT

not rocket science but cut losses and wait for something to come your way

i started trading this demo on jan 27 and i have learned some things.....especially in the last 3 weeks.... that is the main reason i did this demo thing to work some things out....now i am profitable but with some deep drawdowns which are not easy to survive in live accounts. but not with...

closed trade https://screenrec.com/share/HsIPufe69b