Is Al Brooks the solution to false breakouts?

Discussion in 'Technical Analysis' started by Saigyou_123, Dec 9, 2021.

  1. volume cannot move with no volume; that is not possible.
     
    #21     Dec 10, 2021
  2. According to Einstein, a thing that cannot be measured cannot be understood. You cannot measure Brooks trading and so do not understand. You cannot see Brooks trade, so you are ignorant of that and foolish to make claims about it.
     
    #22     Dec 10, 2021
    SimpleMeLike likes this.
  3. padutrader

    padutrader

    you mean price cannot move with no volume?

    price can move 100% with 1 share volume.

    price moves because of illiquidity....price goes in search of orders, which is why stop oders are targeted..the volume comes after price has moved.
     
    #23     Dec 10, 2021
  4. padutrader

    padutrader

    but you can learn from his TEACHINGS which he says follow the teachings of many that followed before him.

    HE DOES NOT CLAIM TO ANY ORIGINALITY AND SAYS [in his book,see red highlighted portion below] HE FOLLOWS PRINCIPLES set by traders long before him .....
    edwards and magee book first published in 1948


    so why should you see his results.

    but you can demand to see his balls ..that is up to you ma.png
     
    #24     Dec 10, 2021
  5. he follows principles that he has not measured, cannot demonstrate and is not doing. Dumb - Dumber - Dumbest
     
    #25     Dec 10, 2021
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  6. fan27

    fan27

    But he clearly has some very devoted disciples :)
     
    #26     Dec 10, 2021
  7. :D
     
    #27     Dec 10, 2021
  8. don't bother arguing with these folks... the more evidence you present, the stronger they hold onto their beliefs.
     
    #28     Dec 10, 2021
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  9. The 2 most common substances in the universe are hydrogen and stupidity; wonder where the argument on Al falls? But it might be moot: Al has his own currency now - called Brooks Bucks. :D

    [​IMG]
     
    Last edited: Dec 10, 2021
    #29     Dec 10, 2021
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  10. Handle123

    Handle123

    Why not wait for breakout, then wait for retails protective stops to be hit and enter there. Heeheehee
     
    #30     Dec 10, 2021
    easymon1 likes this.