Brooks Trading Course

Charting Analysis

#	Video Title
08A	Candles, Setups, and Signal Bars Trend bars and TR bars Signal bars and entry bars Bad signal bars
08B	Reversal bars Multi bar reversals Inside and outside bars
08C	Tight Trading Ranges as setups ii and Breakout Mode
08D	What is a setup? Weak setup, need more 2nd signal Countertrend needs strong signal bar
09A	Pullbacks and Bar Counting What is a pullback? What is bar counting?
09B	Double Top Bear Flags, and Double Bottom Bull Flags High 4 and Low 4 Consecutive reversals
09C	Endless pullback Higher and lower time frames Countertrend traders exit on High or Low 2
10A	Buying and Selling Pressure What is Buying and Selling Pressure? Gaps
10B	Trading Ranges Channels
11A	Gaps What are gaps?
11B	Moving Average Gap Bars Exhaustion Gap
11C	Micro gaps Gap Open Bars Gaps mean strength Body Gap (Negative gap)
11D	Gaps often lead to trends Stairs

Market Cycle

12A	Market Cycle Four parts of market cycle? Pullback is start of channel Channel becomes Trading Range
12B	Market cycle: always trend or TR Inertia and 80% rule Definitions 1: Trends, swings, legs
12C	Definitions 2: Pullbacks Definitions 3: Trading Range Binary decisions
13A	Always In Always trend or TR Always In direction Trader’s Equation
13B	Always In Long Always In Short
13C	Scalping and swing trading
14A	Trends What is a trend? Bull trend needs Higher Lows Bear trend needs Lower Highs
14B	When not clear, then TR Breakout is strongest trend 80% rule: Most reversals fail
14C	Types of trends Bull and bear trends Traps and breakouts
14D	Trend from the Open Trending Trading Ranges Broad Channel trend
14E	Tight Channel Small pullback trend
15A	Breakouts What is a breakout? 80% rule: Most breakouts fail Reversal is a breakout Trading Range means BLSHS!
15B	Need follow-through Trends always try to reverse Breakout can begin small
15C	Breakout usually has 2nd leg Trading Range breakouts
15D	2nd Leg Traps Signs of strong breakouts Succeed or reverse?
15E	Exhaustion or Measuring Gap? Weaker BO has deeper PB BO Test
15F	Failed BO, trend resumption or reversal?
15G	5 tick traps and 11 pip traps Fade weak setups
15H	Surprise Bars 2nd Leg Traps and exhaustion Give-up Bars – Minor reversal
16A	Channels Channel is 2 lines Lines need 2 points 70% Rule
16B	How to draw channels Forex bear channel examples Emini bull channel examples
16C	New trend begins in old trend Higher time frames Reversals and breakouts
16D	Types of channels Tight and Broad Bull Channels Tight and Broad Bear Channels
16E	Evolution into Trading Range Channel breakouts usually fail With trend BO of channel
16F	Limit orders to fade test of line Breakouts at start of trend Reversals and breakout failures Broad channel or Trading Range (TR)? Every TR has bull and bear channel
17A	Tight Channels & Micro Channels What is a Tight Channel? What is a Micro Channel?
17B	Tight Trading Ranges Breakout or climax?
18A	Trading Ranges Definition of pullback and Trading Range Hallmarks: confusion, disappointment
18B	TR contains buy and sell setups BOM (BreakOut Mode) 2nd Leg Trap
18C	Trend resumption, or reversal? Trend, or leg in TR?
18D	Tight Trading Range (TTR) Ledges Limit Order Market (LOM)
18E	What is vacuum effect? Perverse logic: Fade BO
18F	Trading Range: Don’t bet on breakout Breakout into trend Early signs of TR

Support, Resistance, and Basic Patterns

19A	Support and Resistance What is support and resistance (S/R)? S/R, not news, controls price Monthly charts need monthly stops S/R is usually precise
19B	What S/R is best? Forex S/R not precise Examples
19C	Other Types of S/R Round Numbers List of S/R
19D	Buy The Close, Sell The Close Breakout (BO) Test
19E	Highest and lowest close Bulls need HL, bears need LH 50% Pullback
20A	Measured Moves Leg 1 = Leg 2
20B	Height of Trading Range Height of breakout
21A	Reversals What is a reversal Minor and Major Trend Reversals Reversals can begin with breakouts
21B	Reversal is earliest entry 80% rule Cup and Handle
21C	Beginners love reversals Buying and Selling Pressure Nested pattern
21D	40% winner Ten Bars, Two Legs (TBTL) Most reversals are Double Top or Bottom
22A	Major Trend Reversals What are major and minor reversals? MTR is most important reversal pattern
22B	Successful LH MTR
22C	MAG (Moving Average Gap bar) Most tops are Double Tops
22D	MTR bottoms Head and shoulders reversals Failed MTR
23A	Final Flags What is a Final Flag?
23B	Small Final Flags ii Final Flags
24A	Wedges What is a Wedge? How to draw lines
24B	Wedges rarely perfect Most channels are Wedges Wedge variations
24C	Bad Wedges are not reversal setups Reversal begins before old trend ends Earlier entry on smaller time frame
24D	What is a parabolic Wedge? Strong trends have bad Wedges
24E	Failed Wedge
25A	Double Tops and Bottoms What is a Double Top or Bottom? Why Double Tops and Bottoms work Double Top and Bottom Flags
25B	Tests of support and resistance Failed Double Tops and Bottoms Measured Moves
26A	Triangles Triangle Wedge Reversal or continuation (flag)
26B	Expanding Triangle Bad looking patterns
27A	Head and Shoulders Head and Shoulders is MTR Most Head and Shoulder reversals are minor
27B	Markets resist change What happens when stop is hit?
28	Rounded Tops and Bottoms Always something else
29A	Climaxes What is a climax?
29B	V tops and bottoms
29C	Climactic reversals Gaps: Exhaustion, Measuring
29D	Consecutive climaxes
29E	Climaxes caused by options firms Failed consecutive climaxes

Buy Low, Sell High, and Scalp. ➟ More about BLSHS

Pullback. ➟ More about PB

➟ More about 18B

Breakout Mode means trading range. About 50% chance successful breakout up or down, and then about a measured move based on the height of trading range. 50% chance 1st breakout up or down will reverse.. ➟ More about BOM

Tight Trading Range, limit order market, bad for scalping with stop orders. Most traders should wait. Usually the bars are small and tends to reverse every 2 or 3 bars, but sometime the bars can be big, however if they still reverse every 2 or 3 bars, bad for stop entry traders, making it essentially still TTR, for e.g. the TR open on 20221115.. 窄幅震荡。 ➟ More about TTR

Limit Order Market so easier to make money with limit orders than with stop orders. Bears will probably sell above and many will scale in higher, and bulls will buy below and many will scale in lower. Both expect small moves and will mostly scalp.. ➟ More about LOM

Sell or Short, depending on context. ➟ More about S

Higher Low. ➟ More about HL

approximately Ten Bar correction with at least Two Legs. ➟ More about TBTL

Major Trend Reversal. ➟ More about MTR

Moving Average Gap Bar. ➟ More about MAG