how to understand Al Brooks

[Darc]

BRAVO ! ** Padutrader -- This is a GEM and should be valued as a "Best of EliteTrader" Thanks

Padu is a Legend.

P.S. I've got you down for 1 x Padu Supporters Pack - Padu t-shirt, Padu Baseball Cap and Padu Coffee Cup.

 

[themickey]

View attachment 325629

And this chart is 100% pure unadulterated horseshit.
Padu says buy low in the trend, sell high. He talks about 1 bar.
You don't need any lines for one bar, errr well only 1 or 2.
What is one bar?
That's a riddle for you guys to think about.
Padu is finally beginning to talk sense.

 

[padutrader]

Except how do you know when you’ve reached the low of the bar in order to buy it in real time?

i am talking about the low of the previous bar already completed.

a one bar move IS A TREND? in all or any time frame.

that one bar can be 10 year bar...hardly minimalist

 

[padutrader]

Hello MACD,

It's only the best if performance stats matches the trading theories.

However, it's good simple logical way to trade

We all have great trading theories.

no everyone does not

 

[Big AAPL]

PADU Preferred, Acceptable, Discouraged, Unacceptable (contracting)

 

[padutrader]

still lose like this.

that is past

 

[padutrader]

anyway important thing is get everyone thinking

 

[tony.m]

Al Brooks was relatively unknown until 2007 when Richard Entwistle took him under his wing.

 

[padutrader]

Except how do you know when you’ve reached the low of the bar in order to buy it in real time?

i do okay

of course anything is difficult in real time

 

[padutrader]

Al Brooks was relatively unknown until 2007 when Richard Entwistle took him under his wing.

i think his book came out around that time