And there is 16.6% chance, one of them is an erotic enthusiast crying out "it's 69, for god's shake". Less humor, more math intuitive.
Larry has had some issues, to be sure. But I learned something from Larry about price and range that I use to this day. I am not a Brooks trader nor an acolyte. His book is very poorly written - so much so that I would not recommend anyone waste his or her time with it. I don't know if I'd call it indecipherable. But it is certainly something in need of "ciphering" before one will get anything of value from it. I did look at his video course, and I am hard pressed to come up with anything negative. Imho, it is cheap relative to the value it has for a new trader (or a long time perennial loser). I do believe it is a "real time chat" room for educational purposes, and not a "real time trading" room for the purpose of making live public market calls. Such real time market calls are only found in the ES Journal at ET.
you make some good points Al did help me not only to read price action logically but also market action. You may see example of this type of reasoning which i have learnt from Al in my new thread 'forex trading' Unfortunately you have to learn his lingo to comprehend him and he himself has stated in his preface and else where that his book is not 'an easy read': that may be an understatement
Problem is, very few market gurus can do this in forward testing or as part of a verified track record. It's always in hindsight, like the example given above.
i am not sure what you mean by hindsight....in the example and chart shown , if you had sold on the last bar shown, you would have made 86 pips profit