How to apply Brooks' PA?

[padutrader]

doing Brooks intraday can be very frustrating, on most days... because the intraday 5 min bars are artificial.. i.e. 3min or 7min bars can easily be interpreted differently... or 5 min bars cut at the 15" mark can look very different.

nice point that is why many traders find Brooks rubbish.....however those who impatient like me and who looking for a way to kill some time...before time kills you.....find these small movements that 5 min offers entertaining in a way..most find sitting for hours in front of screen drudgery
but that is the beauty of trading: you can fit the style that you like and customise it to your liking

 

[Frederick Foresight]

Nevertheless, I'd argue for the necessity of mentorship for the pros. I'd start with the argument that people learn best when they are able to teach/explain it to others. By helping others, one helps oneself.

So what you're saying is that you're here to help. And will you be doing this for free?

 

[padutrader]

By helping others, one helps oneself.

yes many great minds have said much the same thing....but traders have always been worried about giving away secrets whatever that may be

 

[speedo]

All time frames are arbitrary and relative. I use transactional (tick) charts and arrive at my tf's akin to a trip to the optometrist, I play with different ones until my signals appear most clear.

 

[padutrader]

All time frames are arbitrary and relative. I use transactional (tick) charts and arrive at my tf's akin to a trip to the optometrist, I play with different ones until my signals appear most clear.

thank you DAMN RIGHT AND WELL PUT

 

[speedo]

yes many great minds have said much the same thing....but traders have always been worried about giving away secrets whatever that may be

Yes but I think that's nonsense fear that by giving away "secrets" somehow lessons ones edge. We are each a drop in the ocean of the market. I would be wary of being mentored by anyone who would have the time and focus to take on an apprentice. Traders trade.

 

[Alfing]

So what you're saying is that you're here to help. And will you be doing this for free?

At this stage, I am more looking for help. But the little I know, I'll gladly share. Cast your bread upon the waters ...

yes many great minds have said much the same thing....but traders have always been worried about giving away secrets whatever that may be

What some save for themselves often goes spoiled. But this is my humble opinion. ;-) I do not expect everyone subscribe to it. Just my personal philosophy.

 

[padutrader]

So what you're saying is that you're here to help. And will you be doing this for free?

I am willing to help for free but i wonder whether i am qualified to do

Nevertheless, I'd argue for the necessity of mentorship for the pros. I'd start with the argument that people learn best when they are able to teach/explain it to others. By helping others, one helps oneself.

i think by discussing charts and trades it helps everyone:that is what my friend means i think.
there is very little discussion about charts here in ET

 

[padutrader]

What some save for themselves often goes spoiled.

lovely quote...i am posting it on face book!

 

[Alfing]

i think by discussing charts and trades it helps everyone:that is what my friend means i think.

Well said!