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Search: Posts Made By: Blz17
Forum: Traders Hideout January 17th, 2010, 03:02 PM
Replies: 549
Views: 361,465
Posted By Blz17
Congrats on your success cbratton. Would you be...

Congrats on your success cbratton. Would you be interesting in sharing more about your approach. I know I'd be interested to learn more and I imagine some others would be as well.

Blz
Forum: Traders Hideout January 13th, 2010, 09:33 PM
Replies: 549
Views: 361,465
Posted By Blz17
As someone who posted in this thread a lot but...

As someone who posted in this thread a lot but doesn't trade Brooks setups I'll add to what cunparis said in his last post. I don't trade the Brooks setups but I am very happy that I am aware of...
Forum: Traders Hideout January 4th, 2010, 12:12 PM
Replies: 549
Views: 361,465
Posted By Blz17
thai, Let me add to what cunparis was...

thai,

Let me add to what cunparis was stating in that you should focus on learning a few patterns at first but by no means should you not finish reading the book. Brooks makes many subtle points...
Forum: Traders Hideout December 13th, 2009, 10:39 PM
Replies: 549
Views: 361,465
Posted By Blz17
It was a good presentation but certainly similar...

It was a good presentation but certainly similar to Al's book in that it's not all that clear. The presentation focuses early morning trades (e.g. gap plays, follow thru of prior day patterns, etc)....
Forum: Traders Hideout December 9th, 2009, 10:59 AM
Replies: 549
Views: 361,465
Posted By Blz17
Brooks Webinar

Al Brooks is doing a webinar later today at the following link if anyone is interested.

Futures I-Trade (http://www.futuresmag.com/micro/i-trade/2009/12/default.aspx)

Blz
Forum: Traders Hideout November 16th, 2009, 09:26 AM
Replies: 549
Views: 361,465
Posted By Blz17
I appreciate all the feedback and I couldn't...

I appreciate all the feedback and I couldn't agree more. I haven't been trying to cherry pick my setups, rather I attribute it to a lack of confidence in my own interpretation of a setup. I might...
Forum: Traders Hideout November 15th, 2009, 09:09 PM
Replies: 549
Views: 361,465
Posted By Blz17
Thanks for the plug cunparis and I'll hopefully...

Thanks for the plug cunparis and I'll hopefully start trying to put my interpretation of Brooks methods in here again with some accompanying charts. Just been a bit busy lately.

Just for a little...
Forum: Traders Hideout October 29th, 2009, 12:21 PM
Replies: 549
Views: 361,465
Posted By Blz17
Importance of Signal Bars

So last week was a little rough for me, nothing too bad but was on a roll of hitting the bad trades and missing the good ones. Part of this is emotional and I know this. We all have those moments...
Forum: Traders Hideout October 27th, 2009, 10:30 AM
Replies: 549
Views: 361,465
Posted By Blz17
Mindset, Appreciate your view on the L1/L2. ...

Mindset,

Appreciate your view on the L1/L2. I'll respectfully disagree. The reason the first one is not the L1 is because there is no up leg to qualify it as such. In other words the market has...
Forum: Traders Hideout October 27th, 2009, 10:01 AM
Replies: 549
Views: 361,465
Posted By Blz17
I'd be curious to hear more about this...

I'd be curious to hear more about this spreadsheet if you are willing to share, if not I completely understand. I am always intrigued by math based quant strategies for trading.

Blz
Forum: Traders Hideout October 27th, 2009, 09:59 AM
Replies: 549
Views: 361,465
Posted By Blz17
I almost hate to even call it an L2. It's really...

I almost hate to even call it an L2. It's really more appropriate to call it a failed High2 as the primary trend was up and you would be looking for a High2 pattern at the time. However, if you...
Forum: Traders Hideout October 27th, 2009, 09:54 AM
Replies: 549
Views: 361,465
Posted By Blz17
You quite welcome. It sounds like some of the...

You quite welcome. It sounds like some of the price action stuff could be excellent in timing your entry for anything based off that spreadsheet. What's in that spreadsheet? Is it all...
Forum: Traders Hideout October 27th, 2009, 09:41 AM
Replies: 549
Views: 361,465
Posted By Blz17
Hapster, Keep in the mind the context of the...

Hapster,

Keep in the mind the context of the trade and what the L2/H2's are trying to tell you. For an L2 you are looking for a primary downtrend and the market making two attempts to push higher...
Forum: Traders Hideout October 26th, 2009, 12:28 PM
Replies: 549
Views: 361,465
Posted By Blz17
Your set up was perfect in my opinion; a bullish...

Your set up was perfect in my opinion; a bullish ES move, pullback to EMA20 and H2. Sometimes you just can't account for those sudden high volume moves. Regardless when an H2 or L2 fails typically...
Forum: Traders Hideout October 26th, 2009, 12:27 PM
Replies: 549
Views: 361,465
Posted By Blz17
That's a perfect looking H2. Brooks even...

That's a perfect looking H2. Brooks even mentions that frequently the H2 will be above the H1 and as I recall it is a good thing as it indicates the side that you want to be on is still...
Forum: Traders Hideout October 23rd, 2009, 04:20 PM
Replies: 549
Views: 361,465
Posted By Blz17
Excellent question. The trend channel line...

Excellent question. The trend channel line overshoot is what allows you to consider a High2 long in this situation. So on this particular chart the heavy drop stalled, pushed down a few more ticks...
Forum: Traders Hideout October 23rd, 2009, 12:19 PM
Replies: 549
Views: 361,465
Posted By Blz17
Two Setups Worth Noting

I feel as if I'm becoming better at spotting reversal setups, either temporary or full blown reversals. On the two attached charts are two different reversal setups. Both of which I saw in real...
Forum: Traders Hideout October 22nd, 2009, 08:01 PM
Replies: 549
Views: 361,465
Posted By Blz17
So I traded like an ass clown today, either...

So I traded like an ass clown today, either passing on great setups or forcing bad one's. Fortunately I did manage my risk well so the damage was pretty minimal. But, I decided that as punishment I...
Forum: Traders Hideout October 22nd, 2009, 07:42 PM
Replies: 549
Views: 361,465
Posted By Blz17
Not necessarily. The bull flag or bear flag...

Not necessarily. The bull flag or bear flag relies on the underlying trend being up or down and the flag is simply an organized retrace that is eventually broken. The spike and channel pattern can...
Forum: Traders Hideout October 22nd, 2009, 09:33 AM
Replies: 549
Views: 361,465
Posted By Blz17
Personally I don't see that as a High2, the...

Personally I don't see that as a High2, the second one that is. The pullback was far too deep making it look more like a possible reversal. However in drawing the trendlines an expanding triangle...
Forum: Traders Hideout October 22nd, 2009, 09:25 AM
Replies: 549
Views: 361,465
Posted By Blz17
I updated my chart with some notes regarding...

I updated my chart with some notes regarding those High1's you noted.

Blz
Forum: Traders Hideout October 21st, 2009, 06:12 PM
Replies: 549
Views: 361,465
Posted By Blz17
Something to Watch For

Yet another pattern that I'm learning about. This pattern is incredibly new to me but perhaps it's just something to watch for. According to Brooks when price spikes and then channels you can...
Forum: Traders Hideout October 21st, 2009, 01:00 PM
Replies: 549
Views: 361,465
Posted By Blz17
My initial stop is 1 tick below the setup bar and...

My initial stop is 1 tick below the setup bar and then 1 tick below the entry bar after the entry bar closes. I am looking at ways to reduce my stops if possible because they can get quite wide but...
Forum: Traders Hideout October 21st, 2009, 12:54 PM
Replies: 549
Views: 361,465
Posted By Blz17
Here's an image of another great High2 entry on...

Here's an image of another great High2 entry on CL. Unfortunately I was on the phone.

Blz

QUICK UPDATE: I'm considering throwing my phone at the wall.
Forum: Traders Hideout October 21st, 2009, 11:42 AM
Replies: 549
Views: 361,465
Posted By Blz17
A High2 That Worked Well (Plus I Need to Add A Runner)

Here's a screenshot of a High2 that played out very well. Sometimes what helps me with the High2 is to remember what it actually is. That being, in this case, the market making two attempts to push...
Showing results 1 to 25 of 46

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