Nobody wanted to answer how Al generates his probabilities. Are they hunches? Or is he a quant, also? As I use statistics a lot in my own trading I'm genuinely curious.
Tick data within a contextualized time-series model for futures and stocks. No charts. It’s custom built.
I doubt you’ll find any valid objective findings. Not worth my time, after I saw what he demonstrated in that video. This guy doesn’t trade in any serious way using those methods.
He was asked this question in a webinar a while ago. Regarding his many statements like : 75-80% of trend line/range breaks fail. Question went something like this : "How do you come up with these stats?" Brooks answer was (please understand I paraphrase here) "You are not gonna like the answer....30 years of watching the markets everyday".
ET is like a social club. So it's just after 4:00am where I am right now and I start the day with a nice chuckle. Volpri & Speedo are nice guys, they know how to trade, I have a lot of genuine respect for them but I enjoy teasing the shit out of them, hahaha.
I doubt neither of them seriously trades if they give this Crooks guy any credibility. If you don't realize that guy is is selling a bag of turds within 5 minutes of listening to him, you have no clue how to trade successfully.