Al Brooks - Trading Price Action Trends

Discussion in 'Educational Resources' started by mark_mm, Jan 2, 2012.

  1. cornix

    cornix

    Ha, thanks. May be worth a try at least. :)
     
    #311     Jan 24, 2012
  2. GiantDog

    GiantDog

    If you do, post a link in this thread so others can find it. :)
     
    #312     Jan 24, 2012
  3. cornix

    cornix

    Deal. :)
     
    #313     Jan 24, 2012
  4. hkrahra

    hkrahra

    Hehe...
     
    #314     Jan 24, 2012
  5. wrbtrader

    wrbtrader

    Its very easy to start a thread here at ET but you probably know how ET lacks moderating and who the usual bad boys will show up in an attempt to ruin your thread. That's why most feel more comfortable in talking about the methods of others instead of about their own trading on a consistent basis in such an environment here at ET.

    Simply, you're a veteran member (over 800 post talking about the markets) and you would have already started a thread a long time ago involving your own price action method unless you didn't know you could start your own thread. :cool:

    Recommend you put your thread in the Journal section instead of the Technical Analysis section or Education Resources section of ET because the latter two areas are heavily patrolled by trolls in comparison to the Journal section.
     
    #315     Jan 24, 2012
  6. cornix

    cornix

    Thank you, Mark.

    Honestly I am a bit more veteran ET member than it may seem. :p

    And I ran journals here, one of them was very popular even. Just at a certain point lost interest to posting @ forum and now feel it could be interesting again.
     
    #316     Jan 24, 2012
  7. Makes sense, most reversals, especially on smaller time frames, fail, not only Al B. says that. :)
     
    #317     Jan 24, 2012
  8. cornix

    cornix

    Yes, what's good about "real" breakouts is they usually mean serious one way volume and good momentum as a result. Some trades go like 5-10 times the risk into the money literally in minutes.

    I agree with Brooks, though, that whenever possible it's better to use some signal, which favors coming breakout, but allows to jump in a little earlier. It changes risk/reward in a very nice way.

    But that doesn't mean if breakout looks really good and there is no earlier entry, I wouldn't simply buy the breakout. :)
     
    #318     Jan 24, 2012
  9. #319     Jan 24, 2012
  10. cornix

    cornix

    #320     Jan 24, 2012