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I just want to remind folks that the open, the close, and the range (difference between high and low of the bar) of each individual bar are important in the immediate context (say the last 5 to 10 bars) in which they are found when trading, using bar by bar analysis. They have something to say...

“We often create our own luck.” Doing what works for each of us. Each of us are different. What works for me may not work for you and what works for you may not work for me. That is life. That is trading.

@ simplemelike I wish you luck and prosperous trading; Brookless. If homemade algos work for you to make you profitable and Brooks ideas don’t, then there is no question about it. Trade the algos and forget Brooks. You may wish to maybe donate (or sell real cheap …since per you they are BS)...

I disagree. I have never seen Brooks trade live. I have never even been in his trading room, unlike some. I have no need to see him trade to give me confidence. I am not him and he is not me. All I need to do is understand what concepts he is postulating or setting forth and test them out live...

Yes, that is one technique for success (although always goes up depends on the TF). But it eliminates a large portion of retail traders who are trying their best to learn to trade with small capital.

You are welcome. My pleasure to type it up. It is probably very timely at this point in my journal to type this up as my journal could get too much information overload and actually have a de-motivating effect on the readers, something I would wish to avoid. Thanks for bringing the issue up...

The core concepts are: Successful Trading can been seen as a four pronged approach to the markets. 1) Learning concepts and ideas (Orthodoxy) 2) Practicing those concepts and ideas (Orthopraxy) 3) Proper psychological preparation 4) Appropriate performance and execution. I think those 4...

Successful Trading can been seen as a four pronged approach to the markets. 1) Learning concepts and ideas (Orthodoxy) 2) Practicing those concepts and ideas (Orthopraxy) 3) Proper psychological preparation 4) Appropriate performance and execution. Lets’s examine prong 1 (Two Parts): Part A...

Unfortunately most threads I have seen argue the futility of Brooks and proceed to rail about him making money selling books and videos course. I doubt that. Most people are too lazy, mentally, and otherwise, to work their way through his written works. Most would never wade through all his...

Wish you the best Mickey. I have had irregular heart beat for years. You mentioned the dangers of irregular heartbeat and surgery. Mine is genetic. Mom has it. I have been operated on and had no problems. Hope all turns out well for you.

Tom Brady and Bucs pull it off. 19 to 17. Bucs over his old team the Patriots. What if they had not practiced or honed their skills..hello. Trading is a lot like football. High performance. Must have a strategy and tactics or techniques. Learn how to adapt in a live environment. Learn to be calm...

Uh Tom Brady and Bucs pull it off. 19 to 17. Bucs over his old team the Patriots. What if they had not practiced or honed their skills..hello. Trading is a lot like football. High performance. Must have a strategy and tactics or techniques. Learn how to adapt in a live environment. Learn to be...

Maybe he forgot to mention his "sitting" lost him BIG money too. Maybe his no thinking too handed him big losses???

Themickey is gonna poke at any setup. Regardless. You just have to get used to it. LOL

Al Brooks talks of failed failures which gets folks into a mental frenzy..LOL. AN AVERAGED DOWN position that fails (such as not stopping on a retracement and resuming before reaching 70%) and one dumps the position with a loss then takes a position in the opposite direction (which is mentally...

I might add to my previous comments on size that the volatility of the session, along with the directional slant, influences my size. Often on the open we will see strong directional moves with sharp moves. Often I will trade larger size in such scenarios. However, it can soon turn into a...

I have spoken of implied PB's before in this journal so they have been covered however, to refresh one's memory: In a bull trend such as 10-1-21 1) An actual PB is when a bar has a low lower that the previous bar. 2) An implied PB is a PB that the low of the bar doesn't actually go below the...

Sorry to hear about you dealing with cancer. You might want to look into this? Tom Kerber is the inventor of that light they use in dentist offices all over the world to harden filling material. That is my understanding anyways. https://www.illumacell.com/

“The previous bar(s) are gone. The future bar(s) are a mystery. The present bar(s) make a difference.” Volpri

Yeah on the good side wouldn’t you say? ROFLMAO