Trading the ES live-the Brooks way

[Overnight]

so a trading plan takes into account what the market is doing and then you take informed trading decisions based on that.

now if the market changes what it is doing, and it can and does frequently, what it is doing then you need another or different trading plan.
so, if someone talks about his trading plan, then you know his plan is limited and useless .

Now take Brooks he talks about what the market is doing, then he has numerous plans that deals with that particular market environment and so Brooks has a variety of trading plans that fit, hopefully, what the market is doing, at that particular time.

You don't have a plan, man. You have been proselytizing Al Books for years.

 

[Overnight]

Seems like @Overnight blocked me since I can't quote him anymore? Maybe you got confused but we never spoke on the phone?

I do not have you blocked.

 

[p0box4]

I do not have you blocked.

Must have been a f$ck up on my end, apologies.

 

[Overnight]

Seems like @Overnight blocked me since I can't quote him anymore? Maybe you got confused and quoted the wrong member but we never spoke on the phone?

What happened was I was responding to padu but responded to him in your post by accident and deleted it quickly.

The board software had sent you response pop-ups and blah, Just a mix-up is all.

 

[padutrader]

You don't have a plan, man. You have been proselytizing Al Books for years.

yes he has many plans depending on market conditions.

one plan is like boxing with one hand tied

 

[Overnight]

yes he has many plans

But YOU don't have a plan! OMG! nearly 6 years? 8 years? and no plan? Just Al brooks Al brooks Al brooks!

 

[Wide Tailz]

Sweet journal bro, and I made it to page 20 and had to share with you an epiphany I had.

It seems you are looking at just one timeframe.

Something that helped me was to look at two or three.

Many times the same patterns appear on different time frames.

However, they behave differently because different market participants cause them.

If you triangulate your setups it may give you a little more depth perception.

Because we all know cats eyes get real big right before they make a kill!

 

[flash crash]

Brooks is, once again, a discretionary trader who has his own brand of technical analysis.

You give that clown way too much credit.

Clown. If he signed up for an ET account he should choose the handle "clown trader"

Clown. "Special situation like this."

Send him money. Buy his book. Join his "trading room."

 

[padutrader]

You don't have a plan, man.

but you are right
i do not have a defined plan which is necessary.

i trade by the seat of my pants ...that works well until it does not.

started working on arranging my thoughts /knowledge into a defined plan and planning to have many plans depending on what the market does.

i am following Brooks in that sense and am recommending him in that sense

 

[Georgii]

Padu, do you think you're going to get somewhere by just quoting other traders all the time? I mean we might as well write all your favorite quotes on strips of paper, toss them in a hat, and then randomly pull one out and use it in a post.

You quote others, but you don't seem to want to do the work. Get a demo account on Thinkorswim. They let you have 180 days of 5 minute chart data. Go bar by bar for each of those 180 trading days. That's real work.

Going on this forum, posting trading platitudes at random, and charts with near random trendlines is not.