Tribute to Brooks

hey guys

thanks for bearing with me

i know the recording of voice is not clear and i am working on talking crisply so that it will be easier to understand
 
padutrader said:
the recording
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Sounds pretty good to me.
You don't have that hollow echo crap that too many folks generate, that's a non-starter.
This latest commentary sounds 4 by 5.
Not bad at all, got a little surf wave sound just but when you speak.
Probably electronic noise canceling when no words are spoken, totally quiet.
When you speak a slight water agitator sound envelopes your dulcet tones.
Maybe a headset or stacks of towels or a blanket hanging would absorb sound if theres noise closeby.
Don't worry about it.
Make some Money.
 
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padutrader said:
you are doing well for someone new to trading
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im a quick learner i suppose.

Anyway, i just watched your videos. A couple things.

First, you go too far back trying to determine the market and it clouds your judgment. Who cares what the market did 200 bars back - it has no bearing in any meaningful way on what is in front of you.

Second, at the far left before the tight trading range you had a Wedge top with a nested wedge top. 75% chance of bear break of channel line - sideways to down most likely. Normally after a wedge and bear breakout you have a retest of the wedge. Well in your case you had the sideways action.

After about 20 bars the chance for a BO is 50/50 in each direction. However your breakout was a trend resumption to test the wedge top aka HH MTR. Follow the sell down to at least the bottom of the bull leg and then see what happens.

The bear leg down was destined to go down because you had a 9 or 10 bar bear micro channel until the moving avg. where the first PB of the bear leg happened. The bear leg was strong enough after 9 or 10 bars without a PB that second leg is highly likely.

I would suggest trading paper like you are doing and then going through the whole video course at the same time.
 
IamTheCasino said:
im a quick learner i suppose.

Anyway, i just watched your videos. A couple things.

First, you go too far back trying to determine the market and it clouds your judgment. Who cares what the market did 200 bars back - it has no bearing in any meaningful way on what is in front of you.

Second, at the far left before the tight trading range you had a Wedge top with a nested wedge top. 75% chance of bear break of channel line - sideways to down most likely. Normally after a wedge and bear breakout you have a retest of the wedge. Well in your case you had the sideways action.

After about 20 bars the chance for a BO is 50/50 in each direction. However your breakout was a trend resumption to test the wedge top aka HH MTR. Follow the sell down to at least the bottom of the bull leg and then see what happens.

The bear leg down was destined to go down because you had a 9 or 10 bar bear micro channel until the moving avg. where the first PB of the bear leg happened. The bear leg was strong enough after 9 or 10 bars without a PB that second leg is highly likely.

I would suggest trading paper like you are doing and then going through the whole video course at the same time.
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good stuff

much better than brooks in explaining
 
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