Tribute to Brooks

[maxinger]

early asian session i was asleep.....

.i woke up logged on and found an shorting opportunity but

the long signal you talked about, according to brooks, was very clearly there.

good. Then keep the book.

 

[padutrader]

sold gold : market went up 3 times and then made 3 more weak attempts to go up so now it will try to go down

View attachment 251931

closed after screen shot

 

[padutrader]

long

 

[padutrader]

before you shorted it, there was a signal to long Gold.

you did not need brooks to trade that.....you never really need brooks..

that long signal as you called it, was also clearly a breakout from a range..

 

[padutrader]

good. Then keep the book.

should i keep it under my pillow?....maybe i can absorb it in my sleep......i tried even that

 

[padutrader]

Gold and silver (and Nikkei and GBP) also went up in tandem.

you gotta be kidding me

there are many hundreds of things that go up in tandem

 

[padutrader]

long View attachment 251936

stopped out

 

[padutrader]

Brooks seems complicated till you understand it.

i am still to understand all of it, obviously but i have a handle on some parts of it.

after understanding it has to be applied in live market and there are any number of minor variations of market conditions so that will take even more time to get used to !


but, then , so is everything....from golf , foreign languages,.....nuclear physics, modern mathematics, and a whole lot besides

 

[padutrader]

If someone offers you a gift, and you decline to accept it, the other person still owns that gift. The same is true of insults and verbal attacks.
Steve Pavlina, How to Win an Argument, 08-31-05

 

[padutrader]

trolling will not win:winners do not quit; quitters do not win
'Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.'
Calvin Coolidge
30th president of US (1872 - 1933)