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I'm talking about his website / forum: https://www.brookspriceaction.com

There's a big difference between charts "explained" after the facts and trading live... Once I was part of the Brooks Tribe; Daily Charts were posted with lots of info... the following day...

Here's an old quote from Redneck: There is another way of seeing price action..., and it worlds apart from the above my friend Exactly how it is..., how it unfolds..., the intent..., the orchestration (which include the traps.., the forced liquidation..., the confusion).., and the behavior How...

So... if the context doesn't support the setup, you fade it?

Do you think it takes more than Brooks to understand the "context"?

A nice story, but in the wrong place... (try reading the whole thread)

And in the latter you don't take every "bar-setup"...

The discussion boils down to one point: do you believe that bar-patterns create setups or is price just reacting to certain levels, thus creating bar-patterns...

...Channels this time? :sneaky: Last week you concentrated on wedges and before that on H2L2's... It just shows that it is complicated. You tried the whole package for years and now you're breaking it down into seperate pieces; which might not a bad idea. Master one and add something later...

Is this the same principle as the famous quote "a trade has to be a loser before it can be a winner"...?! Now I assume you don't mean blindly averaging in, in order to "save" any trade... So we're left with two options: a. you know that price must reach a certain level (within a certain TF) b...

Maybe I don't like soup... and I'd rather be a Pastry Chef... ;)

After studying Brooks for 2-3 years, I recently sold all of his books... Looking back, I think Brooks is a extremely smart and analytic guy. The problem is he doesn't teach you one trick, there are a lots of principles to consider at the same time. Add many years of experience and it becomes...

I've been thinking for more than 10 years now, thank you. I cooked up the most crazy ideas and combinations; partly based on the numerous charts that have been posted here. I'm creative, but just not smart enough...

Sorry to hear that man. Thanks for your honest story. Let's hope somebody reveals some more about the Obvious, so we all can get our money back!

Not really... o_O Cleared up the mess on my desktop, threw away lots of "works half the time" and now I'm testing something I never thought of before; something very simple (but with many variations :banghead:)

Another one.... :rolleyes: Type "forex broker" in Google and click. There you'll find "friends" who'll be happy to let you start trading...

Sure! Why don't you start reading the numerous threads that have been started or plagued by your newbie Forex buddies over the last months: https://www.elitetrader.com/et/forums/forex.38/ https://www.elitetrader.com/et/forums/forex-brokers.47/

Oh God; just what we needed... one of the newbie broker spamming lunatics... https://www.elitetrader.com/et/threads/the-lunatics-have-taken-over-the-asylum.357502/

Is there a reason why you split the order in three separate parts, instead of buying 3 lots in one go?

Some people will experience that the same psychological characteristics will interfere with these "contrasting" activities and will getting not much relief from them... If a burn-out is severe, the whole (filtering) system is broken and will never fully mend.