It exists on Weekly as well.Bull pennant exists on Monthly and this is one of things I am watching closely. We are getting close to the tip of the pennant and I look for a breakout to the upside in a large way. Sooner than later.
It exists on Weekly as well.Bull pennant exists on Monthly and this is one of things I am watching closely. We are getting close to the tip of the pennant and I look for a breakout to the upside in a large way. Sooner than later.
Who would have thought that there were different ways to structure and trade a market.

And as well on Daily.Bull pennant exists on Monthly and this is one of things I am watching closely. We are getting close to the tip of the pennant and I look for a breakout to the upside in a large way. Sooner than later.
I'm not a Brooks trader, but if I'm not mistaken, there has been a series of H2's on the 5 minute ES that would have gotten someone long and kept them that way for the last 30 points up. I am not a Brooks trader, so I May very well be mistaken.
I rarely use him, but I did some work understanding his stuff. From everything I have read, his shit is confusing as fuck, and poorly documented. Which is fine, as it causes you to work harder. But it's painful going in under the assumption that the documentation isn't riddled with errors. So if you stick with it, you have a better understanding of what's going on in his mind. There are some neat tricks in there, but I value it for understanding why those tricks work. The 12:30 high to go long, is an H2 at the 20sma.
I am offering 36.75 to restablish part of my short position.