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One of his most reliable patterns. In a strong trend, when the price pulls back to the 50% mark of the prior leg, it often presents a high-probability entry (a "50% pullback buy/sell setup").
Strong, urgent movement where one side (bulls or bears) is in total control. al brooks trading
A common pitfall for beginners is memorizing patterns (like a "Hammer" candle) without looking at where it occurs. One of his most reliable patterns
Here’s a balanced, detailed review of based on common trader experiences and the content of his materials. You can use or adapt this for a blog, forum, or personal reference. al brooks trading
Brooks teaches that the market exists in a continuous cycle of three phases:
This involves:
