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you have to learn to manage it. not test it. it is valid so no need to confirm it happens. approach it differently

actually i think they are similar. i went back to his first book and found similar ones and i thought they were dissimilar because i was looking at them in a wrong way. if i look for DBDT and BO PBS everything looks similar. if you do not think in these terms you think they are violent random...

we search for some deep meaning behind market movements and i have been no exception. i was wondering why i have puzzled by some trading day price action and then realized that the price action was simple and easy to trade, if i thought of them as double tops and bottoms and BO PBs. basic and...

it is good to be aware that the second leg is a test always. why? because the leg can reverse without another test : markets hammer out a bottom so once a bottom is made, if it is not already a test meaning a second leg ,then we can expect a test to the extreme which should reverse ;these tests...

i have never seen charts like those you see in his books in present live ES markets

those explain some things better my opinion. i learnt some more things because that guy always shows what trades Al took and why and how he got out etc

this guy is good traders who ignore him are really missing out

i used to use the one that touches at the most points .... but then i left TLs. my bad. you never know where you will get the information to make good trade as Bollinger says" TA is information for you to make rigorous trading decisions" so it is not the decision itself as many new traders...

BTW i referred his first book again and found it was wonderfully clear. this is the book that was on the best seller list -the later books are rambling and can be hell for a first time read.

i have never seen such a clean chart in my life.... does he generate them i wonder

you said it .... i do not remember Brooks saying it but he might have...i just do not remember it. many things he just expects you to know and understand. He is an encyclopedia of knowledge. major and minor but according to me the TL closest to the price action is the valid one until it breaks

Al said that" the second leg is always a test" so if the test is successful than it will reverse. and then two legs in the opposite direction. which will change direction again if test is successful or continue if the test fails. knowing this is useful but it will not make you money now the...

context can do that. think of context as reasons....set up are patterns which are notoriously unreliable. you need set up to be collaborated by a number of other reasons such as is the trend strong,is it a pull back is it DB/ DT flag, how strong were the pull backs or countertrend moves ...

different names for old things. his H2 buy is nothing but a H&S pattern which failed and all patterns have a failure rate .see Bulkowski and you will get the exact percentage. a successful H&S may well be the h2 failure which is the L2 sell now a successful inverse H&S is a H2 buy. so Brooks...

i have to clarify or change what i said earlier. the second entry is after a trend line break but the break should not be of a major trend line and it should NOT have strong strength. if it shows strength and breaks a major trend line, then the next leg will be a test of the strength of the leg...

trade what you see,they say.not what you think it has merit, but as usual you have the other side, so you see one side and trade. that is why they say there are bulls and bears but they do not say there are bulls bears and both

i am trying but not as consistent as i would like to be. i really have to tighten up on a few things. appreciate the encouragement

if it is a trading range day then you trade TL breaks and signals. in a trend day i cannot even risk a small stop so i trade near support or near resistance meaning H & L. i trade it like range action-i do not trade breakouts like most normal traders because i cannot put correct stop loss. i...

i am a born loser everyone knows that, i have given up trading why are you wasting your time with me.i will buy another funded account it is for sale

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