closed ASS because i think i made a mistake going long.....it is better to wait for a long signal to fail and take the short signal
failed failure........failed channel line break out failed and the failure failed, a break out pullback long....LONG
as i trade brooks one thing becomes clear.. once the trade is on it has to be evaluated on a constant basis to know when to take the profit..... this is critical ....if not many of the trades get stopped out
I do appreciate your effort to give a demonstration trading "the Brooks way". But if you can't pull this off, I certainly can't...
Why do you need to evaluate a trade on a constant basis. Why not just choose a target and stop? Don't you think if you are constantly getting stopped out, your stop is too close to your entry? Don't you think once you are in a trade, you are less rational and therefore it's better to have automated your stops and targets? What part of his book says you must constantly evaluate your trade?