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you will find a lot more on you tube i posted these just to introduce Brooks to someone who has not heard of him,though those may not be too many

5 min thanks for this i like Brooks because he does not BS and say trading is easy.it is like so many others things like golf tennis marketing a BIG GRIND

closed 3 pips loss

closed long for 1 pip profit

nzdusd L2 sell

usdchf L2 sell

usdchf L2 sell

audusd L2 sell

usdjy L2 sell

saw this chart just now so reduced position size because stop larger.....but short L2 sell

[big] mistake shorting. the market traded above the ma what Brooks calls a gap[see yellow box in chart] so should not have gone short

increased target

three trades today all....stopped out.....

with a tight stop you may make money even with a 50% probability.....because you may go for 2RR...imo

so do not take a trade h1,h2,h3, l1 l2 l3 etc........unless there has been significant counter trend strength earlier. So what is so special about this bar [counting]? It is a set up.It allows a tight stop placement. it does not forecast or predict market direction. You need both context and...

Brooks says in a trading range you can sell L3 but why not sell L2? how do you know which one to sell....L1 OR L2 OR L3? I would not sell L1 unless the trend is extremely strong. I would sell L2 usually as long as there is a trend line break. in the chart below there was no trend line break...

Brooks does not mention it here but he did in his book: there must be a trend line break between H1 and H2. if there is no trend line break then it is likely that both are in the same leg

What is bar counting? Hear it from the great man himself

JOURNALS ARE SUPPOSED to be records of trades so that a trader will be able to learn and 'test' his method in live or demo trading. However since Brooks has already done the hard work and formulated a trading method i would like to introduce this method to novice traders. Why? because i found...

i am going to trade H2/L2.....FAILED H2/L2.... an mtr is just L2 OR H2...