szubaark

This book will be easy or hard to read depending on how much Hard Screen Time you already put in to this. Wish it was easier also, but its now.

The $25K Rule to daytrade SPY will eliminate 90% of people who bought the book and on this forum. Back to the Eminis LOL

yes bottom of the bar with the arrow. the chart i posted is end of day

sorry it was 10am the Entry Bar (L2)

I took this Open trade. My reason was it was a Double top Bear Flag, 2nd attempt to close gap,and we were below EMA..why did this FAIL? Entry was 5th Bar (9:55 Eastern candle) took -3 Stop ouch

"1. Volume: Brooks does not emphasize volume much. A BIG MISS in my book. " Actually he does talk about Volume, but its using the 1minute on rare occasion to confirm a Climax of a Bottom or Top. I never watched Volume so thats probobly good, one less thing to worry about and cloud my reactions.

Thanks ACS kiwi hal Yes sometimes i focus too much on the Setups and miss the big picture. That Double Top at Open threw me off as i thought we tried TWICE to gi higher and Failed so felt Sellers were in control. But once gap closed, they took it higher, in a slow controlled upmove. than the BW after the 2pm Higher High attempt caused most of my losses. That BW made sure only strong hands survived and got in on the upcreep to new Highs on day.

7/20 5wins 9 losses Total -6 ES Points After 2 months so far, im not getting anywhere with this "Al" method. Im getting 4 Ticks but then -1.50 to -2 Stops are needed to catch the 4 ticks. AND U DO NEED THE FRIKIN 2 PT STOP.I can have 4 out of 5 winning days in a week and then One bad day will make me negative for day. Cherry picking these setups is a stressful way to live and even then these setups are 50/50 i feel. I guess i just cant make this work in a REAL Trading environment. At end of day marking up the charts, sure thats easy. Think Ill stop posting charts for a while.

I see we BOTH got caught on Trade #1. sure looked like a good setup. Loys of people got trapped as u can see by the size of the next bar Trade#2 i didnt take. Was afraid of High of Day BW

7/16 8 trades 5 W 2L 1 BE Daily Goal reached 4th trade was a Failed Final Flag that i missed Longs worked really well after the 2pm breakout from Range. lots of people didnt catch it as everyone was talking today will be Small Range Day. WRONG!

ACS yes those have been working lately. Almost any trade above/below first Open bar gives you scalpers profit. Lets see when it Stops working LOL

7/15 trend from open type day. 2 Trades 2 Wins 0 Losers First Trade was Gap Up B/O Trade for +2. Second Trade was "ii" for +1 I stopped after that. I realized this was a strong trend day with the Huge Gap Up and Weak Pullbacks. We dont many like this, but if your read i right, milk it hard.

I took this M2S Short (2nd attempt to break above EMA) After a Strong downmove off the High expecting a 2nd Leg Down. ALso Double Top Bear Flag, sucker went up for -2.25 Stop on me. It started coiling up for hours after that.

7/14 Not a good day. Total 14 trades 4W/8l/2BE Overtraded as i had a bad start took a Hit for -2 right at Open. Had a lot of Failed +3 Tick setups. Got frustrated at end of day and started forcing a few trades. Again today, the Major move of the day started with H1 with no frikin second chance to get Long. Right at Low we just started going higher 11 Green candles in a Row with no LL to get in. so -6 Pts for day

I also noticed our candle setups are different sometimes. Some will show Doji inside candle as 10 am candle (Eastern) and im showing small red candle with lower low. So each Data Provider will Print differant candles sometimes.