Need help understanding Al Brooks (chap. 1 of Trading Price Action Trends)

Discussion in 'Technical Analysis' started by mangolassi, Nov 28, 2014.

  1. Schaefer

    Schaefer

    If you empty your cup, and start from scratch, then you'd find that his methods are simple, and practical. For example, he has categorized the shape of candle sticks to only two; trend bar, and doji. Like wise, there are only two types of price action; trending or ranging.

    That man is a genius, and some will get it, but some will not.
     
    #21     Dec 8, 2014
    Xela, KDASFTG and dartmus like this.
  2. piezoe

    piezoe

    There is nothing to understand. His entire book is gibberish!
     
    #22     Dec 8, 2014
  3. AL isnt the best teacher, you can see that he knows his stuff but his explaination r never clever
     
    #23     Aug 16, 2016
  4. Xela

    Xela


    I agree completely.

    I'm perhaps the forum's biggest "Al Brooks enthusiast" and even I'll admit that his books are badly written and very badly edited. Their content, however, is great. I probably learned more things that eventually translated into earning a living from his books than from anywhere else. But by no means are they "easy reading", to put it mildly!

    For anyone interested, however, his video course (about 35 hours of high-quality tuition spread across about 55 videos, as I remember) is in a different league altogether: far easier to understand, and I'm sure that for most people it will be far more helpful than ploughing through the textbooks (and "ploughing through" is exactly the right expression, from my experience!). The video course is more expensive than the books, but in my opinion $250 for 35 hours of tuition, in that league, is really a steal.

    He's definitely "one of the good guys".
     
    #24     Aug 16, 2016
    raclelor likes this.
  5. his vids r messy too, but not as messy as his book.
    I dont question his knowledges, no doubt he knows his stuff

     
    #25     Aug 16, 2016
    Xela likes this.