Al Brooks Net Worth

Standard entry would be a buy stop at 4386.50.
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Four hour candles with weekly candles super imposed as a reminder that price has tried and failed to breakout above last week's high, and yet this week is just a small consolidation following a large breakout. Brooks would possibly say that "bulls want a close above last week's high." Last week's high was 4391.75, so an important test level of this new long entry.

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Four hour candles with weekly candles super imposed as a reminder that price has tried and failed to breakout above last week's high, and yet this week is just a small consolidation following a large breakout. Brooks would possibly say that "bulls want a close above last week's high." Last week's high was 4391.75, so an important test level of this new long entry.

View attachment 327148
I like that overlay, what software/platform?
 
Four hour candles with weekly candles super imposed as a reminder that price has tried and failed to breakout above last week's high, and yet this week is just a small consolidation following a large breakout. Brooks would possibly say that "bulls want a close above last week's high." Last week's high was 4391.75, so an important test level of this new long entry.

View attachment 327148

You need to stop.
 
So can you translate what he means by "measured move"?

Using today as an example, I'd be looking for a possible measured move of the range from the Globex higher low to the high before the 50% pullback of the move oof that low.

The high was 4386.50 and the low was 4356. That is a range of 30.50 points. Add 30.50 to the high 4386.50 and that gives a measured move target of 4417. That would take the ES four points above yesterday's high.
 
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