I keep seeing Al Brooks mentioned in many posts. And I did a quick google search. From what I see his method is exactly the same as other charting books like Edwards and Magee which I have read. I am curious to know what is so special/unique to his method/strategy that is not found in other charting books. I am curious to know the reason for his name to be mentioned so many times? This link is what I found about his method and it seems to be exactly the same as other books I have read on the topic (Edwards and Magee). https://brookstradingcourse.com/price-action/10-best-price-action-trading-patterns/ Would love to hear from people who have read up on his method in detail. Thanks!
I agree...Everything is usually over-sensationalized and glamorized... in hindsight/history. JFK assassination, Friends, Seinfeld, Tupac, 9/11, Housing bubble, Barack first black President, etc etc. All of those present moments, at that time, seemed like just another incident or day in the office. Instead of worrying about past so-called Hero's, you should spend your time right now thinking in the present day and future.
His material is not 'the' best, but is one of the few that explains how some price movements occur when some traders are trapped. eg. pinbars he also talks about measuring movements to select target objectives. doubt you see that in other books a small part of this material contributed to my understanding of how to trade traders caught in positions, as reflected by classical charting patterns
A careful read through the incidental comments about him in these three threads will give you quite a lot of insight into the various reasons for that ... https://www.elitetrader.com/et/thre...ned-from-al-brooks-price-action-books.311494/ https://www.elitetrader.com/et/thre...why-al-brooks-is-impossible-to-follow.263072/ https://www.elitetrader.com/et/threads/al-brooks-method.296854/
His new set of videos are not that hard to understand. His books cause many grief even though they contain useful info. So dismally edited. I did sit in his trading room for awhile. He is the real deal IMO. He is a good and kind man, wasn't the most understandable teacher to start with (at least in terms of his books), but he has improved greatly in the videos. Others who teach based on Price Action and Brooks' general approach are much simpler to understand -- especially if you are a beginner. Someone mentioned Mack at "PATs" (price action trading system). I think he only charges ~$100 for his manual... and look at youtube, he has hundreds of videos where he talks through how to apply the info. He lays it all out there and you just have to do the work. It takes time. But IMO this $100 deal is better, and more likely to get you to consistently profitable trading, than guru/coaches I've paid thousands for.
First IMO Al is REAL. Second, my understanding is he came from a humble background hence he knows what it is like to not be born with a silver spoon in his mouth. Third IMO he is very intelligent. Fourth, HE EXAMINES PA in extreme detail like no other. Fifth, he tells it like it is ..no get rich..BS. Fifth, he focuses not only on classical PA patterns but also on individual bar action within patterns and within the larger context (both). Sixth, I believe him to be as honest and truthful as he can to the best of his knowledge. Seventh, I believe he gives a trader the tools he/she needs to succeed IF they will take the time to first of all study..understand..then practice. Eight, he doesn’t, at least to me, try to put outrageous pricing into the thousands of dollars for his training, unlike others. His material is accessible to those who don’t have thousands to spend on training. He has not forgotten his roots of a humble beginning. There are many more reasons but the above are some general reasons.