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not only should the ma be flat it should remain flat:and the ma will remain flat only if the market returns to it very quickly. if the market takes a lot of time to return to the ma, the ma will stop being flat. and you will begin to have a pull back and perhaps,once the pull back ends...

good question brooks does not mention anything concerning the ema in this strategy. but since we need the market to be a range bound one for this to work- climaxes, in a range, occur at the extremes of the range-so it should not be steep but flat

i see many persons do visit this thread and that encourages me. leaving your thoughts criticism or any words of encouragement will go a long way in ensuring that i continue to post since this is for the most part to help others. it does help me also........since i may look back on it later, in...

entering after a climax and using a wide stop and scaling in, in a common sense location, at the extreme of a channel..... worked again top of channel sold audusd and used a wide 25 ticks/pips stop. the red arrows show two sells 8 ticks / pips apart. the trades were closed on the last bar seen...

i see many persons do visit this thread and that encourages me. leaving your thoughts criticism or any words of encouragement will go a long way in ensuring that i continue to post since this is for the most part to help others. it does help me also........since i may look back on it later, in...

wide stop and scaling in .........makes sense only if the market is trading range or channel......AND IF IT IS ALSO AT ONE OF THE EXTREMES OF THE RANGE OR CHANNEL

Brooks said if you are trading in trading range market then use wide stops and scale in. in this trade i attempted to do just that. i felt that audusd was in a wide trading range and i went long audusd at bar 2 because of the sell climax. i set a wide stop at 20 ticks or pips:for those not...

if you are looking for a one line answer there are none

i do better sometimes ...in my sleep...in my dreams :D

i am now entering at the end of a pullback putting stop above PB or entry bar.......enter on L OR H....whatever the number after may be..... it does not matter........ entered on the yellow arrow

For example, Tiger Woods is not hiding anything that he does in golf, and anyone is free to copy him. However, very few people can play golf well enough to make a living at it. The same is true of trading. A trader can know just about everything there is to know and still lose money because...

"Now that most of the volume is being traded automatically by computers and the volume is so huge, irrational and emotional behavior is an insignificant component of the markets" Brooks

"There are no secrets among successful traders; they all know common setups, and many have their own names for each one." Brooks which only means that it is the non successful traders that have secrets and make others huge amounts to divulge them

Learning what the market is telling you is very time-consuming and difficult, but it gives you the foundation that you need to be a successful trader.-Brooks not if you understand what Brooks is saying

"The books cover many of the standard techniques described by Robert D. Edwards and John Magee (Technical Analysis of Stock Trends , AMACOM, 9th ed., 2007) and others, but focus more on individual bars to demonstrate how the information they provide can significantly enhance the risk/reward...

introduction to Brooks 3 book series.....hear it from the man hinmself "There is a reason why there is no other comprehensive book about price action written by a trader. It takes thousands of hours, and the financial reward is meager compared to that from trading. However, with my three girls...

https://mega.nz/#!voFXCQ6B!HhCbNZqH1E6WyiScobHsaylRgrmdf28hg_P9pmVDth8

now about context. you have the immediate context and you have various contexts depending on how far back you want to consider. that is why when you are buying at support you find someone selling to you...he is considering a different context,perhaps

closed the trade because of the support level: trading range to the left.....mistake taking it. this works well if the market is swinging cleanly so i entered but the trading range support made me change my mind and exited at break even but lost brokerage: but loss is not the issue;trade was a...

short audusd....yellow channel is PULL BACK....entered once it ended