Lance Begg vs Al Brooks | Trading Reviews and Vendors


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Lance Begg vs Al Brooks

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Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 835 received


Haverchuck View Post
I googled "Lance Beggs", found his site, and noticed this statement in his bio:

"2. What markets and timeframes do I trade?
At the moment I am scalping various currency and index futures markets (primarily the E-mini Russell (TF), the Euro (6E) and the Hang Seng (HSI) on the 1-minute and 1-range or 20-tick charts)."

My question is how is it possible to trade any instrument on a 1 range chart, let alone the ones he mentioned? I can see trading ZN or ZB on a 1 renko chart, but a 1 range chart with TF or HSI seems extreme to say the least. Does he really advocate this?

I subscribe to his newsletter and have seen excerpts from his book. He basically looks at the 1 range to see s&r levels within the bars you can't see on larger time frames. He explains it in a manner that seems to make sense, but I have never tried it and don't know if it's effective or not.

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