Why doesn't Al Brooks use volume analysis concepts?

Discussion in 'Technical Analysis' started by Saigyou_123, Dec 4, 2021.

  1. Leob

    Leob

    Volume bar based on time is the less productive way to analyze volume.
     
    #71     Dec 6, 2021
  2. volpri

    volpri

    What is the more productive way?
     
    #72     Dec 6, 2021
  3. SunTrader

    SunTrader

    Keep believing that.

    And try to convince others.

    Thank you.
     
    #73     Dec 6, 2021
    murray t turtle likes this.
  4. Good Morning Volpri,

    The best indicator and the cheapest indicator is price itself.

    I agree sir.
     
    #74     Dec 6, 2021
  5. Very brilliant post sir.

    You are absolutely correct. Lol you know me and Brooks have our love-hate relationships (just like a woman you spend money and time with lol), but Brooks is right, as small retail traders we must choose the high pressure side, and trade in that direction.
     
    #75     Dec 6, 2021
  6. Hello thehung111,

    This is my style and approach as well. I gave up trying to hold for bigger profits. Just happy if I can get a profit and move to the next setup.
     
    #76     Dec 6, 2021
    thehung111 likes this.
  7. Leob

    Leob

    Less productive. I can cut my salad with an axe but knife will do better and more precise job.
     
    #77     Dec 6, 2021
    murray t turtle likes this.
  8. SunTrader

    SunTrader

    You cut your salad?

    I use my teeth.
     
    #78     Dec 6, 2021
    murray t turtle likes this.
  9. %%
    ME 2;
    the exception is i use a knife on lettuce head @ first\too much lettuce volume to put in boWl all @ once LOL...............................................................:D:D
     
    #79     Dec 6, 2021
  10. padutrader

    padutrader

    you cannot use a screw driver to open a bolt.

    and Brooks you cannot use for anything but ES...........Brooks talks about scalping and in ES you can make 10 scalps in half an hour if you want.

    EVERYTHING Brooks says makes sense only in ES.

    i know he says you can trade anything his way......but i have found that is not true
     
    Last edited: Dec 6, 2021
    #80     Dec 6, 2021
    SimpleMeLike likes this.