Search results

you will be the one to confirm that in a few months, if you are not in denial. :D

the market, as Brooks says and as others say, all in different ways, moves in 3s, one move, and then another 2 moves. if the 3 move is weak then that is the wedge. if instead, the 3 move is strong then, traders will fade the wedge reversal and expect another two legs/moves. If the second leg is...

and if the market is a ranging environment, then smart and strong traders will fade the trend, with a wide stop, scale in and with nerves of steel, honed with experience, bet just that: that new trend, can and will, reverse. strong and smart: that is not me; but it may be @volpri

one thing i have learnt the hard way. the market does not forgive mistakes and does not celebrate wins. because a trader is supposed to win -that is his job. if he loses it is ok, if he did not make a mistake. if he did, make a mistake, then he deserves to be, and will be punished, to the...

time will tell

this is the most laughable statement. every move is predictable

you cannot predict anything in this world not only trading. in trading, as in everything else, you only know anything in certainty, after it happens in hindsight. after there is strong counter trend move and the test of extreme, then you know that a trend has reversed- in hindsight. the new...

brooks is not easy to understand. he never puts anything simply: follow trend until it reverses. a reversal is a strong counter trend move, followed by a test of the high/low and a continuation of the counter trend move. this is simple but Brooks does not tell it like that.

yes i did. but Brooks also says that you have to decide which trade to take. what he says about trading every market is true but it is also a personal choice

all you need to trade is this simple method. why write 3 books? though what he writes is useful stuff for the experienced trader.it is not for the novice

basic trend following by Brooks and all technical analysts is a trend is in force until it is reversed. a reversal of a bull is when there is strong bear move followed by the test of the high and then a triggering of a lower high DT or higher high

i started trading since i found out market closing was 12 pm. a few trades

no i am NOT trolling

i looked up the Es timing in cme site and could not understand a clue. can anyone tell me when market closes on 2 sept and 3 in normal language. market has opened at 5 hrs CDT today 2 sept. when does it close? this is critical for me because i can lose my account if i misunderstand

the thing is brooks says any market condition can and should be traded. this is absurd. not all traders can do that and the best thing about trading is that YOU choose when to trade and not anyone else or anything else. make sure the market does not tempt you into trades. i am now knowing...

it took me a long time to understand because of his convoluted method of explaining things. i think i can explain it better and in a better way

et tu brutus

if it is one thing i have learnt in my 20 years of losses, ironically, is that Brooks is always right. when i used to think he was wrong, i had only misunderstood what he said

should not that guy be in the under wear? or naked

you are right you dont