Tribute to Brooks

these are set ups for specific market structures.

but there is something else basic general and so powerful that brooks stresses: 'buy low....................sell high'

markets do range in between trends so the easiest and simplest way to get into a trend is to buy low .......or sell high
How low is low?
How about somewhere around this Harami at Bollinger at pivot support?

Harami@Bolli aud 5m padman.png
 
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How about somewhere around this Harami at Bollinger at pivot support?

depends what structure you are trading....

and you should avoid too many technical analysis methods because they add no value....using different instruments to measure the same thing is a waste of time and gives false confirmations
 
That Harami @ bolli @ piv support still looks pretty low in the trend, no?
That was an alerted trade that made sense at around 10:00 AM this morning on a 5m aud chart. At that point one could set up a trade by hand.
...brooks stresses: 'buy low....................sell high'
 
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That Harami @ bolli @ piv support still looks pretty low in the trend, no?


depends on which trend......waste of time analyzing......

sell near top of range...put stop above range put target below range...there is no analysis in the world that will tell you which will be hit first......

or you can apply gann bollinger elliot demark Hansen Raschke

AND THEN DO THE SAME THING
 
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YES 207 set ups are only for stops....that is what brooks says and i know my stop above range so no need for set up...sell near top or buy near bottom.....
 
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