of course it is not "all you need to know" haha. you never know enough, everyday we learn new stuff. im always open to new ideas
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Disliked{quote} well they are both relative to bar counting. and as it says the 7-8th bar only has a 50/50 probability, but the 18th is close to 90%.Ignored
Dislikedof course it is not "all you need to know" haha. you never know enough, everyday we learn new stuff. im always open to new ideasIgnored
Disliked{quote} It was a valid signal and don't think a rule is necessary. If your trading experience/skill/intuition can help you filter trades than power to you. You as a trader can carve some extra edge out of any system you use. However, I don't think we should start over fitting rules for every single market behavior. Chalk it up to experience, and as long as others stick to the rules they should be profitable with or without that experience, albeit maybe a little less.Ignored
Disliked{quote} well they are both relative to bar counting. and as it says the 7-8th bar only has a 50/50 probability, but the 18th is close to 90%. Now, you can trade inside the range just as well, but if it succesfully breaks out to either side it often turns into a measured move. If not, you can always trade inside the range. Also i have looked at a few different charts, and a one bar range is kinda impractical ain't it ? the 18 bar range is proven to be effective, i mean look at my results for today trading 2 x $50k combines from topstep, almost $2500...Ignored
Disliked{quote} https://www.forexfactory.com/thread/...8#post15171648 Hi Tommy, Many of us here are well aware of Al Brooks and the 18 bar probabilitys. Sort of Apples and Oranges tho. We all know there are many ways to trade the markets and my suggestion is always this if it's working for you...keep on doing it ! Congrats... But never discount others knowledge and experience as there is always something to learn from everyoneBtw personally I love roadmap I've traded it for years as well as Al Brooks PA methods. I've developed...
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Disliked{quote} I might have misunderstood with a few of the posts i read (just scrolling thru fast, mind you) and i think it was a discussion about backtesting it and how it was no point in doing any furtherIgnored
Disliked{quote} Well, that explains a lot lol. That back testing discussion introduced a bunch of garbage into the thread last night. And you know what they say, "garbage in, garbage out." Peace to you, and I hope you stick around and contribute once you familiarize yourself with our stated focus. Good trading to you!Ignored
Disliked{quote} a wise trader, whether new , seasoned, profitable or not ..No matter where you are on the trading journey...they would be savvy to pay attention to the finer details being shared... This is not only about the 8th bar....much much more is in playIgnored
Disliked{quote} So much more. Old school. All the cool kids will be doing it!Ignored
Disliked{quote} haha yuea like i said, i meant no ill will, really haha. im a good guy, i was really just trying to contribute or help to what i misunderstood as negative critique LOL... honestly im a bit foggy in my head tonight from watching charts all day hahahIgnored
DislikedI don't want this to get lost given how many posts were just added to the thread. After the video in post #1, the rules in post #2, these nightly review videos are most important to helping get up to speed with the thread, imo https://youtu.be/wSDxrdNXNd8Ignored
Disliked{quote} well they are both relative to bar counting. and as it says the 7-8th bar only has a 50/50 probability, but the 18th is close to 90%. Now, you can trade inside the range just as well, but if it succesfully breaks out to either side it often turns into a measured move. If not, you can always trade inside the range. Also i have looked at a few different charts, and a one bar range is kinda impractical ain't it ? the 18 bar range is proven to be effective, i mean look at my results for today trading 2 x $50k combines from topstep, almost $2500...Ignored