Applying Al Brooks' methods to the daily forex chart | Currency Futures


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Applying Al Brooks' methods to the daily forex chart

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Boston, MA
 
 
Posts: 165 since Dec 2014
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sharpshoota View Post
I will recomend reading Walter Peters book "Naked forex"
He uses candlesticks + S/R lines like Al Brooks. But he uses higher time frames like D1 & H4.
I found his book to be a little easier to read.


Hi sharpshoota,

Thanks for the reply. However, I am not looking for any new material to study, as I have found Al Brooks' material to be excellent and the only thing I need. I have already been making profitable swing trades.

After thinking this through, I think it's better to define the scalps with a minimum reward/risk ratio rather than minimum tick size.

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