I'm an old bugga, retired, but engineering background, I enjoy designing new stuff. I've been attempting to design a bit of fishing equipment (spare time hobby outside of trading), and it has taken me about 3-4 years. Very simple design, but in coming to simplicity, you go thru complexity.
be warned to trade like he says takes a huge amount of experience unless you are trading H2,L2...which is just entering on pull backs
if they are profitable learn from them...you are very lucky to have guidance.....no one here guides about brooks.....
i am reading it for 13 years. it is like reading Bhagavad Gita / Bible /Koran .........you never stop learning
be conservative in your trading. you have to be the best just to break even after commissions.....i know you will not like this.....but i can assure you it is true.
1. fBO, 2. Deep PB, 3. first PB is all what we trade. 4. I also enter on open if there is a strong gap. This is a risky trade on spike. High Risk but high Probability. Just these 4 types of trades
see brooks free videos on you tube....they are fantastic for understanding what he is trying to say but do not think for a moment that you can read see and mint....... you have to practice it in live markets, with no money pressure use demo or sim