1. Presenter: Bill Bouwmeester
Al Brooks Overview
Presenter: Bill Bouwmeester

2. Al Brooks’ Daily Analysis Website

3. Brooks On Scalping
When ES Daily ATR is pts, using a 2 pt protective stop is a reliable approach
If scalping for a 1 pt profit, you need to win more than twice as often as you lose
Therefore, you need to be right about 70% of the time just to break even
For this reason, Brooks mostly swing trades

4. Brooks on Intraday Swing Trading
An ES swing setup has a high probability to achieve 10 pts during the intraday move when ATR > 15-25
There are 3-6 setups a day where you can make 4 points while risking 2. If you trade these with a 4 pt. profit target and a 2 pt. stop, you only have to win 40% of the time to be profitable. 
In practice, you will exit some trades at 1-3 pts because of an opposite signal. Your 2 pt stop should rarely be hit. However, once the mkt has moved 2-3 pts in your direction, Brooks suggests moving stop to break even.
Never risk > 4-5 ticks once profit =>2 pts. 

5. Brooks Defining Trends
A Trend: “a series of price changes that are either mostly up (bull) or down (bear)”
A trend can be as short as one bar or longer than all bars on a screen

6. Al’s Four Trend Categories
The Trend: When price action becomes “Always in Long” or “Always in Short” in the eyes of the trader
Swing: Two or more smaller trends with a series of higher highs and lower lows or vice versa
Pullback: a temporary countertrend move which can be part of a trend or swing
Leg: a smaller trend which is part of a larger trend, swing or pullback

7. Most Profitable Trend Pattern
In an “Always In Long” Trend, Swings should be trending upward with each Pullback above the prior Pullback resulting in a new high; Vice versa in “Always In Short” Trend
Strong momentum moves have at least a test of the extreme following each Pullback
All strong moves usually have at least two Legs even if the 2nd falls short and reverses

8. Always In Long & Short

9. H1,H2, H3

10. H1,H2 Signal Bars In Uptrend

11. Where To Place Entries

12. Analysis of H1 Setup

13. Analysis of H2 Setup

14. Placing Trades In A Down Trend

15. Analysis of L1 & L2 Setup

16. Where To Place Stops

17. Bull Flag with Measured Move

18. 5 Min Measured Move H1 Entry

19. ES Same Action On Heiken Ashi

20. Pre Election ES Bull Flags

21. Bear Flags

22. Bear Flag with Measured Moves

23. Yesterday’s H & S w/ L1, L2 Entries