how to understand Al Brooks

[SunTrader]

Let us defer until he shares the results of his epiphanous insight.

His past history IS indicative of future results.

 

[Frederick Foresight]

His past history IS indicative of future results.

Well, there is that. But, hey, you never know...

 

[themickey]

Outstanding! Except how do you know when you’ve reached the low of the bar in order to buy it in real time? And how do you know the high except after the fact? Have you been messing with time machines again?
Also, you define a trend on the basis of a single bar? That’s a little light, wouldn’t you say? Rather minimalist of you.

It could be the high and low of the previous bar.
Off the previous bar you have all the information to trade the current bar.

 

[SunTrader]

Well, there is that. But, hey, you never know...

View attachment 325674

Just don't anything valuable fall out while it is open.

 

[Frederick Foresight]

Just don't anything valuable fall out while it is open.

No guarantees.

 

[Frederick Foresight]

It could be the high and low of the previous bar.
Off the previous bar you have all the information to trade the current bar.

Without considering any of the bars that preceded it?

 

[themickey]

Without considering any of the bars that preceded it?

Yup.
As Padu said, it could be a 10 year bar.

 

[Big AAPL]

Or a Hundred year bar

 

[Darc]

 

[Darc]

Al Brooks uses to many unusual names for different different trading situations. Combine that with the intricate examples he uses and it becomes a nightmare to read and extract the principles.