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    ...And They Have a Plan. (Live.)

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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    The scenario that occured was basically the HL MTR of my post #771. So I would have been long to the top. As tomm July 30 goes. I would be shorting and adding averaging down if it opens in the top 1/3. There is an 80% chance that if it breaks out the top of the channel it will trade back into...
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    I've signed up with Al Brook's Price Action course

    Hmmm I don’t think millions are doing Brooks methodology. I seriously doubt if more than 2 or 3 dozen worldwide have actually waded thru his materials and figured it out.
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    I've signed up with Al Brook's Price Action course

    That is correct. If folks would read your posts they could see you posted beforehand just like speedo I did In my journal where some dude wanted a forecast for a stock. He sent a chart to me on my journal friday and wanted the forecast for monday which both speedo and I gave him and that was...
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    I've signed up with Al Brook's Price Action course

    What? Didn’t you see him post yesterday the forecast For AMD today and it reached it?
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    I've signed up with Al Brook's Price Action course

    Freddy Why don't you quit trying to disprove every cotton picking thing. Look at the man's charts he is posting based on Brooks concepts and some of his own. He is doing it before hand you do realize that don't you? For crying out loud he is indicating future price direction based upon...
  7. V

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Now to make it even more interesting. Again speedo will see this too. Here is another MTR setup possibility. 1) trendline break 2) that goes thru 20 ema 3) move back down to test the previous swing low. 4) HL MTR .....but wait not quite yet. Hold your horses. Need to see a bull bar and a H1...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Ok to make things even more interesting I want to look at this from the Brooks concept of a MTR. In this case a higher high MTR. Speedo will know what I am talking about here. What do you need to have a MTR? First you need a break of the trendline which we got (blue line). Next we want to see...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Ok as we can see it is a channel but also a range. On the range perspective it closed today mid range or so. How do I trade ranges? Once price gets in to the bottom 1/3 of the range I start building a long position even averaging down long. Then I exit on any good profitable back to the middle...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    As concerns PA for tomm 7-29 notice the channel appears to be flattening out and morphing into a range. That is typical market cycle behavior. BO to Channel (two Elements of a trend), then range. So, the market goes from trending to ranging. Over and over. Looks like it may be going into a...
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    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    Actually my trend channel line I drew In on the first chart you sent Friday is more like this green channel line on the latest chart you sent today (monday). So basically it on went down a tiny bit on the opening bar of today then headed up. That is why I will buy the bottom of bull channels...
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    I've signed up with Al Brook's Price Action course

    I think most are here on ET trying to help themselves or they wouldn't be here. The down and outer scenario really doesn’t apply to most here on ET. I would conjecture that most are here struggling, working hard, trying to learn how to make a buck. A few tips in the right direction might be...
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    I've signed up with Al Brook's Price Action course

    Great show us brookites just how. Bet you can’t. Or if you can you won’t....something about some kind of secret sauce..or giving up your edge rubbish..? do you think the whole world is gonna read your post mickey and destroy your edge. Spit it out man! Step by step. Exact procedure. Be...
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    I've signed up with Al Brook's Price Action course

    Hmmm I very often see profit taking at measured moves.
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    I've signed up with Al Brook's Price Action course

    I understand the curiosity. I am not mentoring or teaching others per se, to my thinking. I am showing how I trade. If someone likes it they can practice it. Maybe they will find some use for it. Or maybe not. I am just indicating how I trade, view the markets, and giving explanations. Granted...
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    I've signed up with Al Brook's Price Action course

    Well I am 65 and still steaming full speed ahead. At least I think so. Pink Floyd yeah back in the day. Occasionally still listen to them.
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    I've signed up with Al Brook's Price Action course

    You know when you consider it. I know people that are great communicators and can teach sound concepts and ideas in other fields besides trading. But they can’t perform. They cannot do it themselves. They cannot walk the talk. Nothing wrong with the ideas. The problem is either psychological or...
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