Trading the ES live-the Brooks way

ok this is not live account but i expect to qualify for a express funded account today and be live tomorrow
long 5643.40 stop 5640.25 targets 5651 and 5661.lot size is one probability very high
trend is up.
i have even put a stop loss. this is proof that after 30 years i am a trader who knows where his trade is wrong. Congratulations Padu you are the greatest
net.png
 
padutrader said:
ok this is not live account but i expect to qualify for a express funded account today and be live tomorrow
long 5643.40 stop 5640.25 targets 5651 and 5661.lot size is one probability very high
trend is up.
i have even put a stop loss. this is proof that after 30 years i am a trader who knows where his trade is wrong. Congratulations Padu you are the greatest View attachment 347444
More...
added one more lot at 5645.50 same stop as before

why ? it is now a confirmed up trend with a higher low. because the breakout is not very strong there is a possibility of a retest of lows.

which did happen when my entry bar became a doji.

this was proved to be the first correction in this uptrend when the market broke above it in good looking bull trend bar
and is now breaking above the second doji and second correction triggering another long,a second entry long.
the second entry short never triggered, showing that the bears were convinced after the doji test, that the bulls were strong and committed and the market took off in a strong break out.

it is useful to remember that the first counter trend correction in a trend or leg or swing is always an entry signal while the second correction may be an entry or reversal. Depending on whether the market is a range or trend
 
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padutrader said:
ok this is not live account but i expect to qualify for a express funded account today and be live tomorrow
long 5643.40 stop 5640.25 targets 5651 and 5661.lot size is one probability very high
trend is up.
i have even put a stop loss. this is proof that after 30 years i am a trader who knows where his trade is wrong. Congratulations Padu you are the greatest View attachment 347444
More...
Fine, but what took you so long? You posted 15 minutes after you got in. What, you first wanted to find out if the trade was profitable?

upload_2024-8-25_17-13-2.png
 
schizo said:
Fine, but what took you so long? You posted 15 minutes after you got in. What, you first wanted to find out if the trade was profitable?

View attachment 347449
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maybe

but may also be that it took me so long to write every thing out. i hate writing things out, as you know, so i am not very enthusiastic

just because the trade was profitable, when i posted does not mean, that it will continue to be profitable.

it did test the breakout point just after your screen shot.

any way the entry is easy, it only matters where you took the profit if any.

and if the trade was profitable, after the fat lady sings
 
padutrader said:
ok this is not live account but i expect to qualify for a express funded account today and be live tomorrow
long 5643.40 stop 5640.25 targets 5651 and 5661.lot size is one probability very high
trend is up.
i have even put a stop loss. this is proof that after 30 years i am a trader who knows where his trade is wrong. Congratulations Padu you are the greatest View attachment 347444
More...
first target reached and exceeded target is now 5655 the target for the failed wedge
 
padutrader said:
maybe

but may also be that it took me so long to write every thing out. i hate writing things out, as you know, so i am not very enthusiastic
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It took me less than 15 seconds to write these once the orders were filled. So quit giving me excuses.

And did you say you hate writing? Is that why you hash out such verbose replies?

schizo said:
Flip long 41
+16

SL 36
More...
schizo said:
Flip short 53.25
+12

SL 57
More...
 
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