Starting on the right side of the control stand, first is the independent brake. Push all the way forward to completely apply brakes to the locomotive consist only. Push to the right to release brake cylinder pressure that has been applied using the automatic brake. This is termed "actuation," or "bailing off."
Next is the automatic brake. All the way back is the realease position where the brake pipe system is fully charged to the setting of the regulating valve (usually 90 psi for freight trains). Push it forward one detent for minimum reduction position which reduces brake pipe by 5 to 7 psi, applying the train brakes minimally. Push forward through the service zone to further reduce brake pipe for heavier applications of train brakes. Full service position gives you about a 23 psi reduction, which corresponds to what a full service application is for an 80 psi brake pipe. Next position is suppression, which allows you to recover from a penalty application (overspeed, cab signal, alerter induced). Next is handle off, where, you guessed it, you can remove the handle in order to stow it or use it on another unit. Last, but certainly not least, is emergency position, which immediately reduces brake pipe to zero, intitiating an emergency application of the air brakes.
Next handle to the left is the combined throttle and dynamic brake control. Pull back for 8 notches of power, center is idle, push forward to first set up for dynamic brake, then a smooth forward motion to gradually apply dynamic brakes (using the electric traction motors to translate motion into electricity that is connected to a resistance grid, thus slowing the train).
Next to the left is the reverser, which in the picture has been removed from the control and placed on the stand. Forward is, well, forward, and back is reverse.
The red pedal is for acknowledging more restrictive cab signal changes in cab signal territory. It would not be used otherwise.