as you said i am 67 years and am addicted to good liquor and trading. i am not in denial and thank you all for your concern
that is what i am doing with 5 min alone and there is no chop in ES as i showed in the chart in post 187... what looks like wild chopping is usually makes sense when you apply the right technical rational to it. i never followed Brooks to the letter but now i follow the most basic trend following method : i watch BO s and enter on pull backs, after waiting for an entry signal, and if the pull back fails and there is no with trend entry signal then i enter with some entry signal in the counter trend direction. no need for 3 books 3 lines are enough. feel free to do the same thing or watch me do it here. Tell Brooks to watch me here too; he may learn a thing
closed the trade for 3 pip profit. this is the second leg so i am guarding against some sort of reversal which will fail after 2-3 bars and look then for an entry signal to enter again long or short
After doing this for 20 years it’s pretty clear 1) he has ample time, 2) he probably doesn’t need money to live (e.g. retired on a pension) 3) he wants/needs an emotional experience. And the latter is what he’s going to get here, and why he comes. Anyone who is interested in making money for real starts asking important questions of themselves and doing the necessary research to fix the problem. That’s not what Padu is doing. He is simply going out for an emotional experience on this forum, and I’m sure probably others. After all this talk I’ve started looking at Brooks videos again and indeed, the guy is basically just a post-dictive chartist. He tells the story as it happened. That’s classical technical analysis.
Anyone who is interested in making money for real DOES NOT GO TO BROOKs: only those who want to be the best go to Brooks and they are duped
damn right it is .IT IS ALL ANALYSIS because you can analyze something which is in the past only. but past is prologue