grimweasel

Hey Swan, I'll be following this with interest. I'm a great fan of Al Brooks' book and I have highlights and flags all over my copy. I would say it's the 'Bible' for the price action trader and I urge every new trader to read it. I have a mate who is a Broker in London and he purchased a copy and has said it's revolutionised his view of the charts/markets. My interpretation of the H1 and L1s is that it must be at a swing (ie the price must reach into new ground but the candle/bar high /low must be taken out by the next bar to confirm it as a swing point) OR a HL/LL at the 20ema. I'm sticking to 3 trade types but I'm out on the daily Forex pairs. 1. Wait for a significant TL break and then look for PA to get back with the trend, expecting a HH test of the 'old' trend's extreme. 2. Long/Short at the ema with H1's and L1 and M2Bs etc along with ema gap bars. 3. Taking every with trend PA SR opportunity / pullback that the market offers. I'm re-reading the book for the 3rd time and I still keep learning as I read, the stuff I missed before Good trading