Tribute to Brooks

padutrader we are all waiting for the results of your Gold and XAUUSD trades from last week.

 

already posted on friday

 

long..

 

closed

 

brooks trades by considering context first and then set up [to control risk].

he uses 20 ema to judge context and i have added 8 ema to judge shorter term context.

i found this helps me personally. As Seykota says 'if you cannot measure it you cannot manage it'

let me clarify: while it is true i have been studying Brooks since 2007,at the same time, i have been studying many others and other things in connection with the movements of the markets.

i have found Brooks to have the most in depth record of all conditions in the market to enable the trader to make trading decisions.

 

Nothing you are doing is remotely Brooks-based.

I would hope no one reading your journal mistakes anything you have to say about Brooks and his method as an accurate reflection of Brooks's methods.

 

Open a futures account and trade MES.

 

so what i do..... makes him an idiot.....

this journal is a tribute to Brooks a great trader a great man and a great teacher

 

finally gold went up.

 

hahahaa.

stick to your view you will be right ...eventually