MTR and PBs are good for beginners because you can see them forming in advance, giving you time to think and act. Other than that, they are not better...

Yes, in Forex you have protracted several-days trends so as far as bar counting goes, you need to switch to the highest time frame where the trend (or...

There is no difference to measure usual PBs and MM because the height of the bars is the same. Just try and see yourself in an actual chart.

@hlnvel33gmail-com Yes, the candle the red arrow is pointing at is a BO candle and you should expect more down.

The opening range strategies can't be extrapolated to continous charts. Al only talks about the opening range when trading the 5 min daily session cha...

It is not a matter of number of bars but of attempts to close. The more times the MKT revisits the gap the weaker it is. Here it went down after the f...

In a TR when you are high you expect the MKT to reverse, not to go higher. So the red circled trade is a failed BO of the TR so great sell. The blu...

Not sure what other TR you mean, could you mark the two trades to be compared?

A bull flag is a bear channel so the trend line is at the top.

He means the 4th and 5th bar in this chart. The first three bars are bull bars but have tails, so the bears are trying to put a top. Then the 4th and...

You divide the chart horizontally in three thirds and you get the middle one.

They are the same but one updates daily and the other monthly.

You could but when you have a second entry with good SB you can use the tighter stop because if it fails you have 50% prob for a MM down.

Encyclopedia is more emini focused, so you need revisit the forex course videos on the open for more details. For intance, in video 48A, Al says that ...

Not always. Sometimes the different color talks about related but different ideas. He refers to the bar just above the text and pointed with a gre...