al brooks how to study course

What does Al Brooks’ course cover?

The introductory section of Al Brooks’ course covers the basics of chart reading and price action. In these videos, Al reviews terminology, candlestick patterns, his trading desk setup, traits of successful traders, the importance of controlling emotions, and market cycles.

Who is Al Brooks and what does he do?

Al Brooks is day trading educator. He currently maintains and promotes the following web properties: Brooks Price Action (2009) which is an online trading forum where purchasers of trading products can ask questions and access a live day trading room priced at $99 per month.

Is it possible to get Al Brooks’ trading results?

TradingSchools.Org, using various alias’s, made multiple attempts during live trading sessions, after live trading sessions, and through email in an attempt build a track record of Al Brooks trading results. Unfortunately, this is not possible. Al Brooks refused, at all levels to disclose whether he was trading, or had ever taken any live trades.

Is there any reference material on Al Brooks?

But with Al Brooks, there is absolutely zero reference material that describes what this actually means. It is simply a statement that he makes and then he hopes that you stop asking tough questions.

How do I become a price action trader?

To recap, the five steps to becoming a price action trader are:Appreciate price action trading for what it is.Start learning from scratch.Replace the indicators on your chart.Form your price action trading strategy.Simulate and learn in real-time.

How do I read Al Brooks books?

Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader2011Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader2009READING PRICE CHARTS BAR by BAR Resumen2019Effective Telemarketing: How to Sell Over the Telephone1992Al Brooks/Books

How do you use price action?

Price Action Trading StepsA stock reaches its high as per the trader's view and then retreats to a slightly lower level (scenario met). ... The trader sets a floor and ceiling for a particular stock price based on the assumption of low volatility and no breakouts.More items...

What is price action of a stock?

Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analyses of a stock, commodity or other asset charts. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions.

Is Al Brooks a real trader?

Al Brooks. Al Brooks, MD degree from the University of Chicago, is an international lecturer on price action trading and a professional trader for more than 30 years.

Who invented price action?

Jesse Livermore was an early innovator in the trading world as one of the first traders to create a trading plan and a system. He basically invented price action trading and trend following in the early 20th century.

Which strategy is best for trading?

Best trading strategiesTrend trading.Range trading.Breakout trading.Reversal trading.Gap trading.Pairs trading.Arbitrage.Momentum trading.

What is the best forex strategy?

Top 10 forex strategiesBollinger band forex strategy.Momentum indicator forex strategy.Fibonacci forex strategy.Bladerunner forex strategy.Moving average crossovers forex strategy.MACD forex strategy.Keltner Channel strategy.Fractals indicator forex strategy.More items...

What is the best price action strategy?

The head and shoulders reversal trade is one of the most popular price action trading strategies as it's relatively easy to choose an entry point (generally right after the first shoulder) and to set a stop loss (after the second shoulder) to take advantage of a temporary peak (the head).

How can I study stock market?

There are many options available through which you can learn stock market basics....Take a look at the many ways by which you can learn share market:Read books.Follow a mentor.Take online courses.Get expert advice.Analyse the market.Open a demat and trading account.

Who is the best price action trader in the world?

The Most Successful Price Action Trader in History: Munehisa...You should probably listen to a “Samurai trader” ... Homma realized price action reflects market psychology, and used it to his advantage. ... The trend has been your friend or over 250 years, so stop fighting it!

How do you trade boom and crash with price action?

7:3812:04HOW TO DESTROY BOOM AND CRASH WITH PRICE ACTION ...YouTubeStart of suggested clipEnd of suggested clipFor this to be confirmed there's a high it has to cross and break this law. So we're expecting priceMoreFor this to be confirmed there's a high it has to cross and break this law. So we're expecting price to drop from this level come back down break the law.

What is the Al Brooks course?

The introductory section of Al Brooks’ course covers the basics of chart reading and price action. In these videos, Al reviews terminology, candlestick patterns, his trading desk setup, traits of successful traders, the importance of controlling emotions, and market cycles. He also discusses channels, breakouts, trading ranges, support and resistance, trend reversals, exhaustion, and trade management (scaling, protective stop loss orders, etc.).

Who is Al Brooks?

Well-known as one of the leading educators when it comes to trading price action, Al Brooks is a seasoned day trader with more than 30 years of experience. He has compiled the most exhaustive course we’ve seen to date on the subject of price action trading, and in our opinion, the Al Brooks Trading Course should be required study material for all traders who are serious about the craft. Jam-packed with more than 100 hours of high-level content, this online home study course takes a deep dive into the topic of price action and provides a solid foundation that traders of all experience levels can build off of.

Does Al Brooks have a trading course?

Regardless of whether you trade stocks, commodities, Forex, crypto, or another market, if your goal is to learn how to trade price action, this course will provide you with the education needed to take your trading to the next level. Al Brooks’ trading course is delivered digitally and instant access is provided once payment is made. After logging in to the members’ area, you’ll find the entire course neatly organized in a series of e-learning modules, and you can work through the course at your own pace (lifetime access is provided).

Does Brooks Trading Course have a money back guarantee?

Yes, the Brooks Trading Course includes a 30-day, money-back guarantee. Simply contact customer service at any time within the first 30 days for a full refund if you're not satisfied.

What motivates me?

Long ago as an eye surgeon, I loved teaching ophthalmology residents. Furthermore, I have enjoyed helping thousands of traders from all over the world since 2009. It is very important to me to give you the best tool available to help you succeed. I believe that it is the Brooks Trading Course.

Best source of information on price action trading

I strongly believe that the course provides an incredible amount of information about price action trading that is impossible to find anywhere else. These are the same price action trading techniques that the top traders and hedge fund managers use every day.

My goal is to teach traders how to trade

I want to say something about why I try so hard to help traders learn how to make money trading. Those who know me understand how important it is for me to do a good job with everything that I do. I performed thousands of eye operations. During each minute of each procedure, I constantly thought of every patient as if he or she was a family member.

My view of the markets

I look at price action differently from most traders. This is because I believe that there is significance to every tick that takes place during the day. None of what happens is noise. There is an incredible amount of information embedded in charts of every time frame.

Is Brooks' course useful?

Brooks' course is useful, it's just confusing. Watch these videos, and if you're happy with his style buy the course:

Is Al a genius?

Honestly - Al is a genius and has an unparalleled understanding of the market. He has a system which covers all phases in the market cycle so it's complicated and quite difficult to follow. I'm about 3/4 of the way through his video course and I'm starting to understand how he thinks and trades - but in my opinion the course is much longer than it needs to be and not as clear as it could be. You also might have to watch the videos a couple of times to fully understand what he's trying to convey and that's a huge time investment. He also focuses mostly on the 5 minute chart - but in his defence the concepts are universal and he does go through some daily charts.

Is the way the book is laid out a disaster?

To be honest the way the book is laid out is a disaster and extremely difficult to follow. He writes about stuff and gives example charts and you don't have a clue what he is talking about.

Who is Al Brooks?

Al Brooks is day trading educator. He currently maintains and promotes the following web properties: Brooks Price Action (2009) which is an online trading forum where purchasers of trading products can ask questions and access a live day trading room priced at $99 per month. Brooks Trading Course (2012) which is a promotional store front ...

How many suggestions does Al Brooks make?

On a typical trading day, Al Brooks will make an average of about 25 trading suggestions. They are suggestions, and nothing more. There are no exact entry points, or stops, or profit targets. Everything is left to the imagination of the viewer. And the imagination of the viewer is where the con is played out.

What does Al Brooks say in the trading room?

Not once does he ever say, “I am going long at price X, stop at price Y, target at Z .” Nothing he say’s is ever direct, concise, or definable. The entire trading room is meant to be a lesson in confusing terminology, innuendo, and twisted statements. Everything is meant to lead the consumer back to the reference material, in other words, if you buy the book specifically on Trends, then you will understand what I am saying. And after you buy the book on Reversals, then you understand this. And after buy the book on Ranges, then you can understand the ranges terminology.

What is Al Brooks' niche?

With Al Brooks, his niche is “Reading Price Action”. What exactly does that mean? Quite simply, from Al Brooks perspective, he claims that he can look at just about any 5-minute bar, and from these tiny bits of information, he can consistently predict the future.

What is Brooks Price Action?

Brooks Price Action(2009) which is an online trading forum where purchasers of trading products can ask questions and access a live day trading room priced at $99 per month.

Is trading a science?

first, trading is not a science, it is an art, so charging for “scientific evidence” is monumentally stupid, second, markets are the domain of uncertainty, you need to operate with the perspective of never knowing what will actually happen “The heart of man plots his path, but the LORD directs his steps. “, third, who is going to study Al Brooks needs to “reset” almost everything he learned previously to be able to absorb what he wants to say, it’s like reading a book, while you read it, you don’t question the author, you simply accept what he says, only after reading, studying and understanding what he says will you be able to judge if it’s good or not. To understand the Al Brooks method requires total dedication, without which you can forget it. Hugs.

Is Al Brooks trading book backtested?

Although the books are stuffed full of perfect chart examples, there is absolutely no backtested evidence that any of his chart patterns are valid. Everything he writes is subjective and pure opinion. Today’s modern trading platforms make it simple to backtest ideas, and specific set-ups, but Al Brooks does none of this. We are supposed to “see the patterns” and “feel the patterns”. And if we follow Al Brooks long enough, we also will begin to “see and feel these patterns”. But you have to keep paying, and buying and watching in and endless loop of hope.

Module 2 – Major Trend Reversals

Module 4 – Trading Range Reversals

Module 6 – Course Conclusion

• Wrapping up the course with some help on trading psychology, and some resources to follow up. Unit 26: Concluding Comments 4min 21sec Wrapping up the course encouraging you to study all 4 Best Trades setups well, putting in the study time if not done already. Unit 27: Best Trades Resources 10min 11sec An introduction to Best Trades resources to hel...

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