A practical guide to profiting from institutional trading trends The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that.
By simplifying his trading system and trading only 5-minute price charts he's found a way to capture profits regardless of market direction or economic climate. His first book, Readin A practical guide to profiting from institutional trading trends The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that. By simplifying his trading system and trading only 5-minute price charts he's found a way to capture profits regardless of market direction or economic climate. His first book, Reading Price Charts Bar by Bar, offered an informative examination of his system, but it didn't allow him to get into the real nuts and bolts of the approach. Now, with this new series of books, Brooks takes you step by step through the entire process.By breaking down his trading system into its simplest pieces: institutional piggybacking or trend trading (the topic of this particular book in the series), trading ranges, and transitions or reversals, this three book series offers access to Brooks' successful methodology.
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Price Action Trends Bar by Bar describes in detail what individual bars and combinations of bars can tell a trader about what institutions are doing. This is critical because the key to making money in trading is to piggyback institutions and you cannot do that unless you understand what the charts are telling you about their behavior. First part of a 3 book series of Al Brooks trading price action. Still a bit confusing as his first book was (trading charts bar by bar), but with more examples and set ups, which makes it a bit clearer.I still dont know if I would recomend it though. Im hoping that the 2nd and 3rd book of the series end up blowing my mind, because so far it hasnt.Dont get me wrong, its a good book, but still; its written in a very confusing style and its not that well organiced.Im giving this 3 stars and hoping First part of a 3 book series of Al Brooks trading price action. Still a bit confusing as his first book was (trading charts bar by bar), but with more examples and set ups, which makes it a bit clearer.I still dont know if I would recomend it though.
Im hoping that the 2nd and 3rd book of the series end up blowing my mind, because so far it hasnt.Dont get me wrong, its a good book, but still; its written in a very confusing style and its not that well organiced.Im giving this 3 stars and hoping for part 2 to be awesome. Will come back with more updates, as I promised after reading his first book;).
Trading Price Action Reversals: Technical Analysis of Price Charts Bar by Bar for the Serious Trader (Wiley Trading series) by Al Brooks. Read online, or download in secure PDF or secure EPUB format. Anyone Study Al Brooks' Price Action Course? Commercial Content.