Brothers and sisters - Al Brooks says 'trade small' in a lot of his content. If you feel it looks good, not 'think' it looks good, take the trade. I am not a profitable trader yet but that is one of the things keeping me break even. When your mind and your whole body feels it 'just buy or sell the market' like Al says. There are not that many times that happens. When it does, act on it. There will be times when it doesn't work out. They will be few and far between. Like you all and Al know you are dealing with 70% almost in those situations. I have to tell you the first time I knew that concept and bought it was actually the 30% time and I lost huge. I now use stops as mentioned in previous podcasts w Al like a scalp below a bear or a bull bar. The truth is I use a 3 point stop. But sometimes I will buy or sell right away when it gets hit if I like the context. Always at minimum 2 to 1 profit ratio. However as I have that previously mentioned if you are 'feeling' something , probably best to get out or reverse regardless. I would say get in touch with your body just as much as your mind for signals. I'm not afraid because I trade small. I am just trying to figure this out.
I believe you are the only one on YT that explains trades from Al's point if view and you do a great job. Can be bit tricky to understand what Al means sometimes and you do a great job explaining and summering. I believe by explaining and teaching you understand even better and become a better trader. Keep up the great work.
As a scalper I started become profitable once I abandon the false notion of "dont chase the price" or "buy low sell high" the institutions likes this kind of idea because it give them the edge to demolish retail traders like us who likes betting against a aggressive rally or selloff. I used to wait for pullbacks that never comes or get trapped in a reversal that I mistaken as a pullback. If you can't beat the big institutions then JOIN THEM is now is my motto in trading.
Awsome video! I remember talking to you about this at the after hrs lounge at the Orlando Workshop. Typically after a strong breakout I like to adjust my stop 1tick below a strong bull bar. After learning (and still learning/studying) Al's Work....i also find myself going with the hybrid approach. Its based heavily on context and what the market is doing. I find that selling into the 3rd push or into some round whole number has gotten me a good bulk of the move. Love your progress. Keep up the great work brother. Hope to catch up with you soon!
Very Good Video, You made it really easy to understand. Iv learned a good amount from Al Brooks and im just getting started. More videos like this about what al brooks teaches if u could.
This ex eye surgeon named Al Brooks is difficult to understand but if you put an efford you will be rewarded. Truly one of the best e-mini’s traders with only price action
The first breakout was indeed climatic but you also must consider pressure bar and context. The real problem is fear and being afraid of loosing. You'll never be certain enough to enter a trade, never ever, so being unconfortable in a trade is always a rule to be followed (if it's unconfortable probably is the right thing to do, remember). You must feel confortable with uncertainty and even celebrate it during a trade. In the end, the mental part is far, far more important than technical analysis.
This video helped me see the bigger picture. And now I see this pattern pretty regularly which has helped my trading. Thanks so much for posting. New sub.
I like watching your videos. We all get to share in the experience. In Al's book on Trends, he says "Every trend bar is a climax or part of of a climax, and the climax ends with the first pause bar.' Right before that he says ' ... traders often incorrectly use the term climax as synonymous with reversal.' Bar 10 and 11 I could see as a climactic reversal (a trend bar followed by another trend bar reversing the previous move) and since every trend bar is a bo bar then the breakout began at 11 and the climax saw a pause at 13 with the doji. It then continued the strong trend w/ a new bo from the tr which is also the doji up. the bo is a single trend bar or a group of trend bars. I am working on looking at one timeframe and seeing multiple timeframes. Im looking at AAPL now and at bar 13 was the climactic reversal with a bull trend bar that paused immediately after the bo, formed a small flag (flag is a bo and a tr) then broke out with a strong trend bull bar then paused, then went againfor six more bars. the points im paying attention to I call decision points. the decision points are ma, s/r, mtr, etc. yours began at the resistance. bar 1, 2, 4, 8, 9,10 and 11 was repelled by it before advancing in the opposite direction. Bar 77 and 78 seemed to be held by it as well. Al says that support and resistance moves the markets. buying with a stop above 12 would have been awesome. Above 12 seems to be north of the ma and right after a good signal... a double boom. it' s a lot harder to pull the trigger when the market is moving though. Remember your interview with the guy about the decision trees, the s/r is a decision point and the iio seem like the market was making a decision at a decision point (this comment references chart 3/16/23).
This video is exceptionally helpful. I often misunderstood what Al & others mean when bulls get trapped out. I thought that only referred to the spike that moved up too fast - not the first bear bad that the next bar goes one-tick below...How many times have I been trapped out under that exact situation...Thank you! More vitamins to take regularly... ;)
emotions to work out and apply it bc you truly understand it, that’s a strong skill that i have that other traders don’t, the skill to understand and apply quality PA.
I like your video. You show your "Spiral Learning Model" development from your podcast with Ali Afshari. You do a great job in your learning journey. Thank you for sharing your learning experience, it's very helpful. Waiting for more video about your 'Spiral' based on Albrooks Method
Very good discussion. I am a full time scalper with 4-5 years of experience and mostly trade in Index options. I use the inside bar pattern to enter in a very strong BO trade. Al brooks is 100% correct that most retail traders just wait for a pullback and the pullback never comes. I mostly trade pullbacks. Never been comfortable with breakouts in such a manipulated market.
Great content! I have a question about 1 scalp unit below any bar. You've mentioned it a lot of times as the point to exit. I do not understand the 1 scalp unit below any bar concept ( is it below the body of the previous bull bar?) Is 1 scalp unit a tick?
I've got 10 years in using Brooks methodology and these type of days I still still struggle with. They are very frustrating watching price go up and up and up and the entries just don't seem good enough,,,but in this case they are! Its hard for me to override my mind which is telling me its not good enough or just seems extra "risky". I usually realize about lunchtime that its one of these days and I shut down thinking the next day will be more to my liking. I love trading range days.
Thanks for doing this exercise. It is very useful as I also almost always get trapped out of such moves. I am a BTC member and this supplements Al’s teachings nicely. What was the definition of a ‘size of a SU’ ? Call it a coincidence but the very first playback practice session I opened today morning after seeing this video was Dec 06th 2022. Practice worked out beautifully 😊
Thank you so much for this video! It was extremely helpful. I actually have a question…How do you save a copy of the chart to paste it into PowerPoint? I’d like to have a deck like the one you clicked through in the video. Thanks in advance!
You only need 2 consecutive big bull bars or 3 cc normal sized bull bars closing near their highs ie in the upper 25% That should be good for at least a scalp
The 2/7/23 chart is a climax top which then becomes a micro double top. You can short on the 3rd consecutive bear bar closing at its bottom as the trend have likely reversed. We then for a double bottom at 4100 and you have a long trade again at the bar at its top of 4125. Al looks for DT/DB for reversals quite often
Eye opening stuff. I experienced the 'exit the size of a scalp' concept yesterday buying during a strong bear trend (will I ever learn? lol). I just went back to the chart and realized bulls were not able to make a 10 pip scalp (Forex minimum) during the entire trend. At one point there was a 10 pip rally but you would need 1 more pip in order to get filled! Bears with their stops 'the size of a scalp' up would not have gotten stopped out. Amazing! Thank you!!
Thank you! Glad it was helpful! Yea size of a scalp stop is especially useful during momentum trades where a quick move down can lead to a lot of traders exiting. Kinda like bar 8 on April 14th.
Once I'm in this trade, I turn the exit over to the computer. I have TOS exit the trade if the close of the bar closes less than the 9 to 16EMA depending on the trend. It takes out the emotion and I can walk away and avoid early exits.
Do you use a fixed scalp unit at 2 points on the Emini or would a 1/2 ATR trail stop work better, taking into consideration market volatility? Any thoughts, thanks.
I’ve been trading for about 2 years now bro, and I have this exact same issue. I’ll tell myself to get in a trade and ride the EMA to the next key level of resistance. But Like you I have trading rules that I try to abide by, and on days like this I beat myself up. I try to wait for a retracement for a good entry but it just takes off even more lol…I really appreciate your feedback. This helps me out a lot! Like Mr. Brooks stated if you have the slightest doubt just buy at the Market and still profit some of the move.
Haha yea it's tough! Next step is to add rules for days like these! I'm thinking of adding something like if the trend looks exceptional and higher time frame context is good, buy at the market and exit only if we flip always in direction. That will give me permission to get long on these types of days. Though knowing my luck, the first time I do it will slip to AIS on the next bar haha
For the aggressive exit, is it a live time fall one tick below bear bar or after the close with a candle that has a tick below bear bar? Bc sometimes it’s falling a tick below, but then comes up and closes green. So real time, that might cause an exit but the candle ended up green?
@@SouthMountainErock A scalp is a trade where the risk is equal to the reward (1:1), so if a trader places a stop 1 tick below a bear bar while risking 1 tick above the same bar's high, and manages to make a profit that is equal to the risk, I assume that would be a scalp unit.
The S&P 500, if one sticks with it, outpaces inflation by many percentage points. I just want my money to keep outgrowing the inflation rate. That is why I'm looking for companies now to put in $80k for a start. Just don't know how to proceed.
I've totally stopped believing in the S&P to deliver any significant return, especially this period. I'm thinking of redistributing my portfolio to other stocks, but I hardly know which ones will do well.
@@mariahhayes5089 My consultant is 'BRIDGET MARY TUROW" She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
If that is that easy, everyone would been Billionaires! Tell me what will happen in next 10 minutes, Not what happened in last 10 minutes. 99.9999% of People making videos to collect ad revenue from TH-cam. It is all BS.
1:25 not climatic - every bull bar is a trend,gap and climax but for this to be climatic it has to be late in a bull trend. This is a breakout, bars closing on their high, height of bars growing, no tails on top. Even if you buy at bar 17 you can expect a second leg up.
I've seen your channel, dude u've taken so many trades. You overanalyze, you try to analyse like al but you must understand you cannot use all the concepts of al's price action on every bar. You have to know and understand the concepts and then develop your own intuition. You almost seem to do this ritual where you start talking like al during trading almost as if summoning his spirit. Please understand what al brooks is trying to do, he is not trying to give rules instead he is just trying to take you to logical conclusion that anyone who does observe lots of price action would eventually reach on their own even if they don't speak same terminology. He is shortening your runway, learning curve, time. Study him, do post market analysis but during trading forget everything and do what comes to mind.
![Trader In Training [10,000 Trades]](http://yt3.ggpht.com/ytc/AIdro_khPYjH5sMPXlWS9KKF7bkcBuwQBeZXLMA62shMHXs9jQ=s48-c-k-c0x00ffffff-no-rj)
![🔴 [TRỰC TIẾP] Tứ Xuyên (Trung Quốc) VS BCTT Trường Tươi Bình Phước | Cúp VTV9-Bình Điền | JET STUDIO](http://i.ytimg.com/vi/5nF-PCh_Ojw/mqdefault.jpg)
Brothers and sisters - Al Brooks says 'trade small' in a lot of his content. If you feel it looks good, not 'think' it looks good, take the trade. I am not a profitable trader yet but that is one of the things keeping me break even. When your mind and your whole body feels it 'just buy or sell the market' like Al says. There are not that many times that happens. When it does, act on it. There will be times when it doesn't work out. They will be few and far between. Like you all and Al know you are dealing with 70% almost in those situations. I have to tell you the first time I knew that concept and bought it was actually the 30% time and I lost huge. I now use stops as mentioned in previous podcasts w Al like a scalp below a bear or a bull bar. The truth is I use a 3 point stop. But sometimes I will buy or sell right away when it gets hit if I like the context. Always at minimum 2 to 1 profit ratio. However as I have that previously mentioned if you are 'feeling' something , probably best to get out or reverse regardless. I would say get in touch with your body just as much as your mind for signals. I'm not afraid because I trade small. I am just trying to figure this out.
I believe you are the only one on YT that explains trades from Al's point if view and you do a great job. Can be bit tricky to understand what Al means sometimes and you do a great job explaining and summering. I believe by explaining and teaching you understand even better and become a better trader. Keep up the great work.
Have to respect the honest naming of the folder.
That two bar rule is great! I have been looking over my charts and it seems to work...Thanks!
Really like the clarity here, via the specific examples, and the pacing (quick but not overly quick). TY!
As a scalper I started become profitable once I abandon the false notion of "dont chase the price" or "buy low sell high" the institutions likes this kind of idea because it give them the edge to demolish retail traders like us who likes betting against a aggressive rally or selloff.
I used to wait for pullbacks that never comes or get trapped in a reversal that I mistaken as a pullback. If you can't beat the big institutions then JOIN THEM is now is my motto in trading.
Thanks bro
thank you for taking the time.....Ive done about 2/3 of Al's course and this is so helpful.
Lol the title of the folder 😂
thank you so much! i can resonate with a lot of what you said about missing out. this is so helpful!
Well done. Congrats!
Thank you. This was very insightful.
This came in really handy today!! Excellent video!
Awsome video! I remember talking to you about this at the after hrs lounge at the Orlando Workshop. Typically after a strong breakout I like to adjust my stop 1tick below a strong bull bar. After learning (and still learning/studying) Al's Work....i also find myself going with the hybrid approach. Its based heavily on context and what the market is doing. I find that selling into the 3rd push or into some round whole number has gotten me a good bulk of the move.
Love your progress. Keep up the great work brother. Hope to catch up with you soon!
Awesome Explanation, Thank You
Great Job. Finally understand what AL is talking about. Keep it up.
Very Good Video, You made it really easy to understand. Iv learned a good amount from Al Brooks and im just getting started. More videos like this about what al brooks teaches if u could.
This ex eye surgeon named Al Brooks is difficult to understand but if you put an efford you will be rewarded. Truly one of the best e-mini’s traders with only price action
very nice, much to think about viewing these examples ............and love al brooks wish i found him earlier
The first breakout was indeed climatic but you also must consider pressure bar and context. The real problem is fear and being afraid of loosing. You'll never be certain enough to enter a trade, never ever, so being unconfortable in a trade is always a rule to be followed (if it's unconfortable probably is the right thing to do, remember). You must feel confortable with uncertainty and even celebrate it during a trade. In the end, the mental part is far, far more important than technical analysis.
What’s the name of the guy who said ‚good trading‘ is ‘uncomfortable’? 😅
If its not a good short then its most likely still long. - Al Brooks
great explanation, very inspiring
This video helped me see the bigger picture. And now I see this pattern pretty regularly which has helped my trading. Thanks so much for posting. New sub.
Great video. Clearly identified quite a few market structure concepts and ideas. Thanks!
I like watching your videos. We all get to share in the experience. In Al's book on Trends, he says "Every trend bar is a climax or part of of a climax, and the climax ends with the first pause bar.' Right before that he says ' ... traders often incorrectly use the term climax as synonymous with reversal.' Bar 10 and 11 I could see as a climactic reversal (a trend bar followed by another trend bar reversing the previous move) and since every trend bar is a bo bar then the breakout began at 11 and the climax saw a pause at 13 with the doji. It then continued the strong trend w/ a new bo from the tr which is also the doji up. the bo is a single trend bar or a group of trend bars. I am working on looking at one timeframe and seeing multiple timeframes. Im looking at AAPL now and at bar 13 was the climactic reversal with a bull trend bar that paused immediately after the bo, formed a small flag (flag is a bo and a tr) then broke out with a strong trend bull bar then paused, then went againfor six more bars. the points im paying attention to I call decision points. the decision points are ma, s/r, mtr, etc. yours began at the resistance. bar 1, 2, 4, 8, 9,10 and 11 was repelled by it before advancing in the opposite direction. Bar 77 and 78 seemed to be held by it as well. Al says that support and resistance moves the markets. buying with a stop above 12 would have been awesome. Above 12 seems to be north of the ma and right after a good signal... a double boom. it' s a lot harder to pull the trigger when the market is moving though. Remember your interview with the guy about the decision trees, the s/r is a decision point and the iio seem like the market was making a decision at a decision point (this comment references chart 3/16/23).
So grateful for this rundowns . Thanks alot
Glad you find it helpful!
Thx for sharing
Thanks for the excellent brief of trending day sir
This video is exceptionally helpful. I often misunderstood what Al & others mean when bulls get trapped out. I thought that only referred to the spike that moved up too fast - not the first bear bad that the next bar goes one-tick below...How many times have I been trapped out under that exact situation...Thank you! More vitamins to take regularly... ;)
emotions to work out and apply it bc you truly understand it, that’s a strong skill that i have that other traders don’t, the skill to understand and apply quality PA.
I like your video. You show your "Spiral Learning Model" development from your podcast with Ali Afshari. You do a great job in your learning journey. Thank you for sharing your learning experience, it's very helpful. Waiting for more video about your 'Spiral' based on Albrooks Method
i rmb vividly the first day i ever touched trading i missed out on the trade because it never retraced... glad i found this today, great video!
Very good!✌
Very good discussion. I am a full time scalper with 4-5 years of experience and mostly trade in Index options. I use the inside bar pattern to enter in a very strong BO trade. Al brooks is 100% correct that most retail traders just wait for a pullback and the pullback never comes. I mostly trade pullbacks. Never been comfortable with breakouts in such a manipulated market.
Awesome video well explained thank you I took screen shots :)
Excellent explanation. Thank you for sharing.
Thank you very much! I’m glad you enjoyed it
Great work!
Thank you!
great content
Great content! I have a question about 1 scalp unit below any bar. You've mentioned it a lot of times as the point to exit. I do not understand the 1 scalp unit below any bar concept ( is it below the body of the previous bull bar?) Is 1 scalp unit a tick?
I've got 10 years in using Brooks methodology and these type of days I still still struggle with. They are very frustrating watching price go up and up and up and the entries just don't seem good enough,,,but in this case they are! Its hard for me to override my mind which is telling me its not good enough or just seems extra "risky". I usually realize about lunchtime that its one of these days and I shut down thinking the next day will be more to my liking. I love trading range days.
it was really helpful
Thanks for doing this exercise. It is very useful as I also almost always get trapped out of such moves. I am a BTC member and this supplements Al’s teachings nicely.
What was the definition of a ‘size of a SU’ ?
Call it a coincidence but the very first playback practice session I opened today morning after seeing this video was Dec 06th 2022. Practice worked out beautifully 😊
Iv watched 100s of yt videos this is the first one ive gained something useful
Thank you so much for this video! It was extremely helpful. I actually have a question…How do you save a copy of the chart to paste it into PowerPoint? I’d like to have a deck like the one you clicked through in the video. Thanks in advance!
You only need 2 consecutive big bull bars or 3 cc normal sized bull bars closing near their highs ie in the upper 25%
That should be good for at least a scalp
The 2/7/23 chart is a climax top which then becomes a micro double top. You can short on the 3rd consecutive bear bar closing at its bottom as the trend have likely reversed. We then for a double bottom at 4100 and you have a long trade again at the bar at its top of 4125. Al looks for DT/DB for reversals quite often
Eye opening stuff. I experienced the 'exit the size of a scalp' concept yesterday buying during a strong bear trend (will I ever learn? lol). I just went back to the chart and realized bulls were not able to make a 10 pip scalp (Forex minimum) during the entire trend. At one point there was a 10 pip rally but you would need 1 more pip in order to get filled! Bears with their stops 'the size of a scalp' up would not have gotten stopped out. Amazing! Thank you!!
Thank you! Glad it was helpful! Yea size of a scalp stop is especially useful during momentum trades where a quick move down can lead to a lot of traders exiting. Kinda like bar 8 on April 14th.
I’m watching this video and I’m struggling to understand the exit strategy behind a scalp unit. What exactly is a scalp unit?
Hello 👋 really interesting video! What is the software you use for your screen shots ??
Is there a way to automatically label the candlestick numbers on tradingview? Or did you label each candle number yourself?
Thanks!
i made 4.75 points that day. same as you, missing the easiest trend days for months. maddening
Great video.... How do you define 1 scalp unit?
What software are u using to for this journal of your charts.
Could you please make a video on entry point with small stoploss before break out or break out fail(traps)
Thanks for the great video. To reiterate the earlier posted question, how do you determine the size of a scalp unit?
Ha, I just asked that.....didn't see it down here. Curious minds want to know :)
Thanks a lot ! One question: how did you get the numbers below the candles? Is there a way to do that on tradingview?
I started entering using micro pull backs and started winning more...I used to wait for major pull back of 3 ...4...5 bars...not any more
Al has drawn so many trend lines his head looks like a nice trend line on the top 😂
many thanks!!!
can we get this PPT please?
Once I'm in this trade, I turn the exit over to the computer. I have TOS exit the trade if the close of the bar closes less than the 9 to 16EMA depending on the trend. It takes out the emotion and I can walk away and avoid early exits.
Do you use a fixed scalp unit at 2 points on the Emini or would a 1/2 ATR trail stop work better, taking into consideration market volatility? Any thoughts, thanks.
I’ve been trading for about 2 years now bro, and I have this exact same issue. I’ll tell myself to get in a trade and ride the EMA to the next key level of resistance. But Like you I have trading rules that I try to abide by, and on days like this I beat myself up. I try to wait for a retracement for a good entry but it just takes off even more lol…I really appreciate your feedback. This helps me out a lot! Like Mr. Brooks stated if you have the slightest doubt just buy at the Market and still profit some of the move.
Haha yea it's tough! Next step is to add rules for days like these! I'm thinking of adding something like if the trend looks exceptional and higher time frame context is good, buy at the market and exit only if we flip always in direction. That will give me permission to get long on these types of days. Though knowing my luck, the first time I do it will slip to AIS on the next bar haha
man I literally had the same exact problem with NVDA august 28 th
great
For the aggressive exit, is it a live time fall one tick below bear bar or after the close with a candle that has a tick below bear bar? Bc sometimes it’s falling a tick below, but then comes up and closes green. So real time, that might cause an exit but the candle ended up green?
Yes! It can happen if you choose this aggressive management style. As Al says if you exit early below opposite signal bar Be ready to re enter again!
Bar 13 was the better entry on the first chart because it was a second entry buy from yesterday and a lower low major trend reversal.
Thanks, how is this strategy working out for you?
What time frame are the candles sticks? Hour, 4 hour, or Daily?
❤❤❤
What does al mean by "size of a scalp"?
What is a scalp unit?
Great video! How do you or Al define an average scalp unit?
Al is typically a swing trader except for stong trading range days. AL typically looks for measured moves.
Anybody?......Bueler :)
How do you define an average scalp unit?
@@SouthMountainErock A scalp is a trade where the risk is equal to the reward (1:1), so if a trader places a stop 1 tick below a bear bar while risking 1 tick above the same bar's high, and manages to make a profit that is equal to the risk, I assume that would be a scalp unit.
Al defines a scalp when u exit with an 1-5 bars n its atleast the height of average bars or 5-10% of average days range. Thank me later.❤
How does Brooks style compare to ICT,, do the methods intersect?
What is ,,Scalp Unit" he is talking about?
What is the best way to better understand Al Brooks Price Action for trading? His you tubes, course or his books?
Take his course, his books are very heavy reading. You need his background information
Can anyone tell me how the Brooks strategy compares to ICT's?
The best tool you’re using is a folder to keep and review trade entry mistakes. 😉
💙TinT 💚
at 15:48 Al says if you see Stop order Bears making money, How can you tell that bears are making money with Stop orders?
You know that is the case when there are consecutive bear bars closing near their lows
This is Actually Elliot wave 12345 Impulse Phase 😂
Xd looks similar but not exact
My folder says massive trend miss bought at top only to lose money
Lmao I have a separate folder for that too :p
Why not check for targets on htf? To set possible tps
Definitely worth doing. I have been trying to get better at understanding the higher timeframe context to make better decisions.
Brooks was right after a strong trend it has a 99% chance of going to the ema
😂😂😂😂❤❤❤
The S&P 500, if one sticks with it, outpaces inflation by many percentage points. I just want my money to keep outgrowing the inflation rate. That is why I'm looking for companies now to put in $80k for a start. Just don't know how to proceed.
I've totally stopped believing in the S&P to deliver any significant return, especially this period. I'm thinking of redistributing my portfolio to other stocks, but I hardly know which ones will do well.
I’ve been using a coach for over 3 years and my port-folio has yielded from initial $500k to a ballpark estimate of $1.85m as of today..
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings.
@@mariahhayes5089 My consultant is 'BRIDGET MARY TUROW" She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
@@raymondbarnes5264 I Found her online page by searching her full name, I wrote her a mail to schedule a session, hopefully she responds.
If that is that easy, everyone would been Billionaires! Tell me what will happen in next 10 minutes, Not what happened in last 10 minutes. 99.9999% of People making videos to collect ad revenue from TH-cam. It is all BS.
1:25 not climatic - every bull bar is a trend,gap and climax but for this to be climatic it has to be late in a bull trend. This is a breakout, bars closing on their high, height of bars growing, no tails on top. Even if you buy at bar 17 you can expect a second leg up.
I've seen your channel, dude u've taken so many trades. You overanalyze, you try to analyse like al but you must understand you cannot use all the concepts of al's price action on every bar. You have to know and understand the concepts and then develop your own intuition. You almost seem to do this ritual where you start talking like al during trading almost as if summoning his spirit.
Please understand what al brooks is trying to do, he is not trying to give rules instead he is just trying to take you to logical conclusion that anyone who does observe lots of price action would eventually reach on their own even if they don't speak same terminology. He is shortening your runway, learning curve, time. Study him, do post market analysis but during trading forget everything and do what comes to mind.
i agree
This is Actually Elliot wave 12345 Impulse Phase 😂
Haha yea, definitely some similarities