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it is not a strategy that is mine or brooks....waiting for a pullback in a trend to enter has been used from the day stock trading begun...price do not move in a straight line however using this strategy when market is in a range is a disaster....so knowing when to use what strategy is the key

h2 l2 is brooks terminology.....and that is only his technique to enter on a pull back,something a large no of traders have been doing for a long long time BUT there can be no doubt that strength leads to strength....either up or down.....that is what i am looking for.....and trading: strength...

appreciate your comment it encourages for me to keep posting yes i was thinking the same thing.....next time i will !

true but i am looking for two leg movements....a strong bar will result in another strong bar after a retracement i will try and post a few trades which will explain this way of thinking

thanks.....but will it make that much difference?

trade stopped out

entered after the high of the bar marked by yellow arrow was broken:two failed attempts to go down...after a strong up move however we may be in trading range

took a holiday from trading for about six months... when i was playing golf, i found it was very helpful, sometimes just to quit, when i was too confused and things were not going well as i would have liked, for a longish time....to clear the mind. there is a similarity between playing golf...

good idea just buy a few hundred of stocks daily.....

well in that case how many jets do you have and how many Ferraris do you have and how many zeros do you have in your bank account i think that works only if you are in bull market.....

good comment.....you can make money anywhere trading in ebay or selling dog shit....so yes this is absurd thread

intraday does not work.....!!!!!

i like what you say

no just put two moving averages that is all you need

that is why i do not use patterns

my point is you are not understanding trends:it can be 2 bars, ten bars or thousand bars

maybe you have...but they all start with two bars of similar shape size ...... that is my perception....i am not the greatest trader ever...either you take something from that or leave it ... it is very easy to make fun of any strategy because every strategy makes money...some of the...

thank you for your patience since you have actually read everything i have written !!!!!

since trends continue for a long time why not wait until it is clear that the trend has changed- i have traded 4-5 reversal signals and have all of them fail..so wait for failure then enter

it is a good idea....once you find a pattern and document it, go back to your historical charts and search for that same pattern and SEE HOW MANY TIMES THAT PATTERN APPEARED BUT FAILED TO REVERSE. it has been my experience that every reversal 'pattern' fails 90% of the time it appears and this...