Scalping series: #02 Scalping 2-minute Emini chart
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- Опубліковано 16 чер 2024
- I’m Al Brooks. Thank you very much for watching this video. It’s the second part of a series on scalping. I’m using a 2-minute Emini chart as an example.
If you’re interested in finding some detailed rules about scalping, you can look at the Brooks Trading Course, or you can see the basic rules in the free Scalping Rules video (Part 1 of this series). This is part 2.
Scalping series: #01 Rules for scalping:
www.brookstradingcourse.com/t...
Scalping Series: #02 Scalping 2-minute Emini Chart with full transcript:
www.brookstradingcourse.com/t...
Visit the Brooks Trading Course website for Emini S&P 500 and EURUSD Forex daily reports, weekend market analysis reports, many articles, audio and video extracts, and much more.
Website Blog: www.brookstradingcourse.com/p...
Facebook Group: / brookstradingcourse.of...
Discord Server: bit.ly/btc-discord
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Risk Disclosure:
Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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Does anybody else find Al's voice super calming? I used to listen to his course while trading when I started just to get the calmness (not actually listening).
Actually I find his voice dull, monotone, and rather unpleasant to listen to. Not conducive to holding the viewer's interest.
I got Alex wesley. He excellent strategies is top notch on cryptocurrencies.
@@brookstradingcourse6396 scamer
@Bode Brayden in what country
I love it
turn 80% slow makes like a G House voice, amazing
I went through his course on forex and have watched every video exclusively and he is the only person I have been able to follow and trust because I have finally become profitable. This is the only info that will make you so, so stop watching all the junk on YT and concentrate and take the time on learning this
Where can I find this course you’re talking about?
are u still profitable ?
can i ask you what percentage you make per month ?
@@theweekday8158 course is paid $300 on his website.
Thank you for providing this education. This is the content that the trading gurus can't explain or won't provide, but you've offered it for free and I think everybody watching should show their appreciation.
Thanks Al, for your enduring consistent lovely dedication to the world.
Hey Mr. Brooks. I have been trading for a long time and found your books to be pretty awesome and i love the detailed charts.
I will say nothing works forever or always works but your price action ideas can be tailored for individual strategies. thanks for all the hard work and input. I use a little bit of your stuff everyday
Omg. You will get WRECKED if u really do this. As a real “trader”myself, it is truly gut wrenching when i see people like this man have a youtube channel posting nonsense. This will 100% blow 100% of everyones account if u try it. The title should be, “how many trades can u make until u go broke”
LOL
this is it...one of the most realistic trading journey.. thanks for making this video!
Thank you so much for these videos, Al! They are such help when learning how to scalp, and trading in general! You are the best!!!!
I hope you could realize by now he is a bad trader.
The only trader you need to watch. Thanks for all the knowledge Mr Brooks
Great video. Finally found someone with my personality type to follow and understand.
Lucy and the Chocolate Factory is the funniest thing i've seen in a long time. Indeed it resembles what it feels like when i daytrade as a beginner. Really helpful video, thank you.
you made me speechless al ,i dont know how to thank you enough for this valuable education🙏
Excited for the next episode been waiting fot it patiently :) Hope you are well
I just love you, Sir. You explain the logic & psychology, & possiblility behind every candle, which makes it sooooo easy to understand & grasp & inculcate in our minds. I just can't thank you enough. But, thank you sooo much. 👍🏻
Sir you have really explained in the most easiest way. Specially in part 1 my doubts about scalping are clear. I learned 1 extra point that is to enter market on right time. Thanks again.. Would love to see more educational video on scalping and intraday.
Trading! Great explanation of different set ups and psychology behind thinking. Thank you
Thanks Al, you really did seal the deal of your video by recommending the I Love Lucy scene. Thanks for that reminder to not try to catch every scalp then beat myself up for missing some.
One of the most sincere guy out there...
Thank you Mr. Brooks. Im learning my personality is intraday and scalper .ur vast experience helps me navigate
Dr.Brooks you opened my eyes when I couldn't see anything. Thanks alot 💐💐
Dr. Al Brooks, just to say: thank you!!! sound not fair for me.
Thank you Dr. Brooks! 🙏
great stuff............ can't wait to buy your course
Thanks to your video my trading day, today, changed dramatically. Thank you thank you * 1000
Thank you very much. This was VERY helpful!
Enjoyed your explanation. Will keep listening. While listening did 10 consecutive profitable scalps. Thanks
This video has helped me so much thank you.
Thanks a lot Mr. Brooks 🙏. Love from Brazil.
@Broooks Trading Course scammer fake account. (Brooks not Broooks, 0 videos on acc)
This scalping lessons were incredibly helpful. Thank you so much for such a thorough explanation on price action, Sir. You have a new subscriber!
Would love to see a video on your insights about volume. Thanks again and keep up the great work!
congratulations i think you have lost the most since you have watched this shit
legend. huge respect sir :) i love trading.
I think this channel is a fake.
@Broooks Trading Course spam
Thank you Al.. Excellent video! :)
@Broooks Trading Course scammer fake account. (Brooks not Broooks, 0 videos on acc)
Very informative. Thank you.
Al Brooks and Stormer from Brazil, both are amazing objective traders.
Thanks Mr. Brooks!
From the interpretations of fractals from candles to patterns to legs and movement. And then the mother of all, the mechanics of Trading (Buyers/Sellers). So Powerful! Thanks Al!
@Broooks Trading Course scammer fake account. (Brooks not Broooks, 0 videos on acc)
I got Alex wesley. He excellent strategies is top notch on cryptocurrencies.
I like these beautiful slides with demonstation charts
Great video, thank you Al.
This is amazing sir. Thank you 💯
I love your videos!
Thank you
Book in the mail then course is next if I feel for it. So far very impressed and appreciative @al
well done. thanks for the info.
The most honest video about scalping I have ever seen so far. Especially part 1 is an eye opener for everyone who wants to start with scalping and who is thinking that it's an easy game to play. Great job!
Awesome.. take a 1hr voucher to interact with above number for more information ☝️
Love this video lesson & thanks for sharing :)
Thank you, Al.
I used the same technique. I won 19 trades out of 20. If you have hearth problem, pls refrain from using this technique.
I read your book, even you’re so good, but see you in the video is better than your book. What ever I would like your skill in my trading life.
Thanks very much! I definitely need to watch this a few times.
I got Alex wesley. He excellent strategies is top notch on cryptocurrencies.
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Thank you for the free information
Nice.. thanks for this video sir al
A great vid - personally I find the buy/Sell spread on S&P CfDs is relatively much bigger than say the Dow, hence I trade the latter as there is much more movement relative to the spread. My approach is to only take trades in the direction of the long term trend.
Appreciate the bar by bar discussion, as opposed to the vague and useless generalities most people speak in. I suppose I am not a scalper by these definitions because my successful method is to go for somewhat larger profits per trade. But it all depends on what the chart gives us.
Thank you! Your market knowledge is legendary. Would love to see this style of teaching for swing trading, it would help tremendously!
I got Alex wesley. He excellent strategies is top notch on cryptocurrencies.
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Thank You Al Brooks! 🇧🇷
@Broooks Trading Course scammer fake account. (Brooks not Broooks, 0 videos on acc)
please upload more videos like this! very helpfull!
@Broooks Trading Course scammer fake account. (Brooks not Broooks, 0 videos on acc)
It was amazing.
Congratulation
THANK YOU SO MUCH!!! OUR OFFICE IS VERY GRATEFUL TO YOU, KIND SIR!!! FROM SUNSHINE COAST BC CANADA
I really enjoy your videos.
As a newbie guided investments should be mandatory, this way mistakes are avoided hence profit making.
Profit making is the aim. How do you mean? Do you mind elaborating ?
I’ll put it this way; the onset of my trading career was more to the loosing side,
I was lucky enough to be introduced to a professional Belgian investor Noud Mikan, with his system I’ve had so far nine months of consistent lucrative returns
I do have to say on a system that requires so much technical know how as that of ( stcks forex and crypto ) I do share your idea for the need for mandatory guide on investments as a beginner
Again and again good remarks about this man Mikan, I seen recommendations of his syetm being top notch and also working with a reportable and accredited company
I’m mind blown as well, how can I get to him? A pro who teaches one to his winning technique, that’s all I want.
Thank you very much sir your videos use full in my trading practice ................
Your books can be hard to fallow at times but these videos are A+.
I love how you explain where other traders are buying and selling/what they are trying to do and makes sense with your explanation.
I got Alex wesley. He excellent strategies is top notch on cryptocurrencies.
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AI all the way
He is now on Instagram
thank u so much sir...learning price action
obrigado pelo conteúdo. O melhor sobre trade que tive acesso.
Was desperately waiting for the this part since long time Sir.The legend himself teaching.Lots of Love from India Sir🙏.
you following brooks approach in nifty or banknifty bro>??
I got Alex wesley. He excellent strategies is top notch on cryptocurrencies.
@@venugopal4359 I Use it in each instrument.
the legend teaches how to lose money ... garbage.
The best trading lesson I've ever had.. thank you very very much Mr. Brooks. And that episode of Lucy at the chocolate factory. Omg I am still laughing!! Because my boss is that type of trader!! lol
Dr. Brooks, great video on scalping. Thank you. Will you please do a 2 part series on swing trading?
I can't think of a more innovative way to earn from the financial market other than having a professional guidance through and through...
i'd recommend Lance Ingrid Bernthal
Telegram: @LANCEBERNTHAL...he'll respond in due time
no truer words have been spoken today
@@toddoennis
i'm curious, what exactly does he do for you, does he sell signals?
Lance Bernthal is an absolute legend! I've traded with him in the recent past, he's always on time with payouts, he's also very skilled and attentive to details. He was able to rack up $250,000+ in my first couple of months investing through him and his team, i 100% recommend👍
@@asifdmotya He basically handles trading operations professionally on my behalf and charges a 25% commission on all proceeds from trading. All i have to do is provide capital, and he and his team handle the rest so that i earn passively from the market. This afford me the greatest luxury of all, TIME, time with my family, time with my newborn, & time with my garden. He seems to have a full grasp as to how the markets work, i'm very satisfied with his performance so far. And his performance speaks for him more than he does, i got wind of his services from my oldest brother who's been investing with Lance for more than 5 years, securing his retiring fund with ease.
Thank you so much you are a great teacher
Yes sir I am fallow option series
Very nice Al, tks for this knowledge. Could you please make a video about how did you handle with impulsivity, waiting all day long for the good ones only? I know it's basic, but I'm struggling with this issue since my beginning on day trading... I'm studing your methodology for so long, I can read the markets very well, but it's a big problem for me that is pushing me away from consistency. Tks Al.
Win or loose everybody Gets what they want out of the market, Mr Denis Mark's strategy always ensures winning and cuts down all looses
95% of forex Trader's fail- why? Because they give up, it takes time and lots of Trading experience to become a profitable trader, An alternative or my advice is seek guidance from some pro trader's to avoid lose of funds and account blown.
What a coincidence , i also work with him ..Denis Mark gave me everything I needed and the perfect basis to begin trading. I value his stand on minimizing risk because this is something I haven't seen on other website and tutorials. greetings from UK
I lost £1200 carelessly trading on a platform then I was referred to Mr Denis he recovered the loss and made an extra profit of £4600
His intriguing strategy works every time, cutting losses and ensuring winning, I love the ease of communication he offers with his swift response to emails. Not even a single glitch when time comes to withdraw. What else could I hope to have in a contract trader.
Hi how can I contact your portfolio manager?
Do you need really good spreads to do this or will you be able to take these small profits every broker
Amazing insite, thank you. Would you consider this micro scalping, or do you suggest moving up into the 5, 10 & 15 minute chart action is considered swing trading? Thanks.
Bravo sir!
In 30 years, has never shown just 1 live trade.
there's a 3rd part with live trade
Thank you very much sir
With 18 points, you make $900. In order to make this amount, you'd need approx. $200,000 in shares or about 50 shares per point.
not true, day trading margins are only $500/ contract
Thank you
Respected sir thank you...
@Broooks Trading Course scammer fake account. (Brooks not Broooks, 0 videos on acc)
My man Al I’m looking forward to meet you one day sir
Thank you for your continued contribution and knowledge sharing ... #portalpriceaction
@Broooks Trading Course scammer fake account. (Brooks not Broooks, 0 videos on acc)
excelente. obrigada pelo excelente material.
dá uma conferida no meu canal, deve gostar.
Yes very good material
Everytime I hear u, I fall in love with ur explanation... Scalping is my love and I make living by just scalping gold m1... It's really fun and the rewards are enormous if u can scalp with rite risk management...
Hey Bro I new here is it really working for you? Any advice ? Thank you
@@yannickgabiro7229
Yes alhamdulilah.. It's working for me all the time... The advice is simple be patient, learn and manage ur risk that's all
@@real_forex885 oh okay thank you brother I will definitely follow this guy and do some backtesting hopefully it will work for me thank you for your honesty and advice . Take care brother
I got Alex wesley. He excellent strategies is top notch on cryptocurrencies.
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Great video would one take into account the ATR for a profit target?
Thank You
thats a pretty tight range, chop chop
The probability of all those trading decisions can be highly improved using volume. Trading without volume is missing half of the information. That's why people who trade markets that provide real volume have much higher chance of success on this tough endeavor.
Volume its self is useless. Learn to read time of sales. You can see the Volume of sellers and buyers. The Volume on most trading platforms is just a sum of all orders which doesn't help any.
thanks AL
thanks Doc, i can see clearly now, no pun intended
thankyou al
thank you very informative. sleepy
From Philipines
Newbie here 👍
'Watch I love Lucy In The Chocolate Factory'.
Haha. Probably the best trading advice ever.
So Al does this scalping also apply to trading on the NYSE
Thanks !!
Obrigada. Thank you.
Ill try to start the week scalping just to build up some stop breathing room for later trades. This way I know I have some house money to work with when setting my stops and they can be a little wider. Tight stops are just asking to break even or slight loss, so the more reasonable room you give them the better. Most of the time scalps are shitty setups, but can give quick profit, I dont really think it should be as a long term strategy.
If you set a stop one tick below the low of a bar, isn't that a stop market order, where you would typically get filled one more tick below that (2 ticks below the low of the bar)? And then if you set a take profit at 2 points below that, it would need to fall another 8 + 1 ticks to guarantee fill (so that you aren't getting filled on the bid)? Seems like you would need the next bar to drop 11 ticks to get the 2 point move in this case. Just trying to increase my understanding, thanks!
Great video, I really enjoy your efforts, probably gonna get in touch with you for training when I go back to work!
Thanx again for your time and efforts!!!!
thank you
hey Al, Thank you very much for this excellent lecture. Did you say $900 per contract?, Thank you before hand.
Thanks Sir.
Mr. Brooks, could you please comment / make a video on what are the best time periods on which to view stocks in terms of trading channels and other pattern recognition efforts? I find myself switching back and forth between different settings unsure which ones are best. I realize it may differ whether scalping, swinging, buy and hold, etc. Things like the three--hump price action pattern can be totally invisible at one time frame and obvious at another and not sure to which time frame that sort of thing is applicable. Thanks so much. Really good stuff.
I got Alex wesley. He excellent strategies is top notch on cryptocurrencies.
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Love your videos it will be easier to follow if you explain some of terminology you used. Unless they target to more experience traders, too many steps to follow