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i think brooks would prefer to buy above the first bull bar that closes on it's high........ also what is pb and what is just a pause........Brooks call it a pb [bull flag ] if the low of at least one a bear bar, is broken

this is easy stuff to learn Trading When a Market Is in a Bear Channel | Al Brooks - YouTube not all of his stuff is complicated

really? watch this Trading When a Market Is in a Bear Channel | Al Brooks - YouTube

are you smarter than so many traders?...it is useful because you can overtrade and learn which trades are good........it is stupid to lose money which you can NEVER get back

if i had demo account 30 years back,i would have saved a lot of time because i could make a hell of a lot more trades than on my actual money. demo is useless? it is like saying screw driver is useless....but the real issue is that you are trying to open a bolt

that is 20 times my usual capital in live.......WTF should i start with a million usd? start with 5 usd

shit do you not know....India!

after a bottle of wine....i could be anywhere......but i am seeing La Tour Eiffel.......outside my window

traders should respect strength.........that is not subjective

even when there has been a trendline break.......there should be prior strength in the direction of your trade. This is what i feel and is not Brooks exact words, though in this case it would be a second entry and these are safer, if anything is safe. and Brooks mentions many times that 'smart...

Brooks insists that never enter unless there is prior strength.in the direction of your trade.

this can be subjective. for example entering on a pull back.....is it a continuation or reversal? you are entering when the pull back ends...... so you are entering when the pull back reverses.

if you are planning to enter an on going trend -or to a ongoing pull back- do not enter unless there is at first considerable counter trend strength: this Brooks stresses. so if you wait for a pullback to enter a bull trend.......entering the pull back is counter trend trade : the present...

Brooks has set out a lot of criteria that you must consider before taking a trade. Most people think trading strategy must be secretive ...if not, it will not work. i do not want to discuss that at the moment. Brooks has set out or listed the thought process that a trader must go through and...

i have noticed that-even though Brooks has not mentioned this specifically, as far as i have noticed-that trend channel lines overshoots test the bottom or other side of the channel and this test is usually one of the lower low type ,if in a bull channel, or higher high in the case of a bear...

i have started observing and trading channel lines overshoots and my results can be seen in yesterday's trading. the first objective of the trader should be to determine that what has happened or is happening on the chart before him........and that can fall under two and only two categories...

the purpose of a journal is not just to report and record trades. it should be a detailed record of the trader's thought process of why he took that trade. this is quite daunting task but one that will really help the trader in organizing his thoughts and so help me make good nay great trades...

now after 14 years to make senses of it i wonder if i could put anyone through what i have been through for 14 years. it is really difficult for anyone to imagine what it takes to be a good trader......just a good trader .....not a fantastic one

he uses the word which is same or similar: overshoots

trading requires the skill of a heart or nerve or eye surgeon. it is probably a coincidence that Brooks was an eye surgeon