Tribute to Brooks

How low is low?
How about somewhere around this Harami at Bollinger at pivot support?

 

low of the range..

 

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'

 

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

 

What range was that?

 

sell near top of range...like in this open trade

 

Where's your stop on that bad boy? 76207?
Do you do Setups and Triggers for entry?

 

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.....

 

closed trades