NexusFi: Find Your Edge


Home Menu

 





Book Discussion: Trading Price Action Trends, Reversals, Ranges by Al Brooks


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one traderdavidt with 10 posts (3 thanks)
    2. looks_two qqqqqiang with 7 posts (14 thanks)
    3. looks_3 mayurb4 with 7 posts (7 thanks)
    4. looks_4 Big Mike with 6 posts (7 thanks)
      Best Posters
    1. looks_one Cloudy with 4.3 thanks per post
    2. looks_two Bookworm with 3.3 thanks per post
    3. looks_3 Boomer34 with 2.8 thanks per post
    4. looks_4 qqqqqiang with 2 thanks per post
    1. trending_up 75,506 views
    2. thumb_up 131 thanks given
    3. group 40 followers
    1. forum 102 posts
    2. attach_file 19 attachments




 
Search this Thread

Book Discussion: Trading Price Action Trends, Reversals, Ranges by Al Brooks

  #101 (permalink)
 Miesto 
Monte Carlo, Monaco
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 647 since May 2012
Thanks Given: 801
Thanks Received: 1,193


mayurb4 View Post
Hello Mitch,
Absolutely. I’ve already been going through his material — including books, YT videos, blog, forums, webinars, etc.— implementing his methods in the market side by side with mixed results. To put it straight, what I think you are suggesting is the hard(and the most reliable) way of learning things as opposed to the easier way(learning from others’ experiences). And it has its own merits of course. I think I’ll just stick to your suggestion.
Thanks for your valuable time and response.
Happy trading.

-Mayur

Thanks Mayur.

If you are attracted to short term trading, like Al Brooks is practicing, you might want to take a look at Bob Volman (2 books) or Lance Beggs. They are easier to understand. There is a blog niftynirvana with a really good trading manual (attached) slightly based on what Lance Beggs teaches. This might be of interest for you because it's rather straightforward and about trading the nifty (since you are from India). Trade well.

Attached Files
Elite Membership required to download: DecisionPoints.pdf
Visit my NexusFi Trade Journal Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Cheap historycal L1 data for stocks
Stocks and ETFs
Trend Direction Force Index (TDFI)
Platforms and Indicators
Trade idea based off three indicators.
Traders Hideout
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
What broker to use for trading palladium futures
Commodities
 
  #102 (permalink)
mayurb4
Pune, India
 
Posts: 8 since Apr 2019
Thanks Given: 46
Thanks Received: 8


Mich62 View Post
Thanks Mayur.

If you are attracted to short term trading, like Al Brooks is practicing, you might want to take a look at Bob Volman (2 books) or Lance Beggs. They are easier to understand. There is a blog niftynirvana with a really good trading manual (attached) slightly based on what Lance Beggs teaches. This might be of interest for you because it's rather straightforward and about trading the nifty (since you are from India). Trade well.

Thank you Mich.
Around the April of this year as I was getting started with Al Brooks' material, l was advised to read Bob Volman(prior to reading Al Brooks) by a friend of mine, and I'm really glad that I did. Although I didn't read his scalping book, the other one has been tremendously helpful in understanding Al's material.
As for the blog you mentioned, I was completely unaware about it. Thanks for the reference and manual attachment.
Happy trading.

-Mayur

Reply With Quote
Thanked by:
  #103 (permalink)
mayurb4
Pune, India
 
Posts: 8 since Apr 2019
Thanks Given: 46
Thanks Received: 8


Hello once again,
Would it be a good idea to read Edwards and Magee along with the Al Brooks. I’m currently reading the second book of Al and earlier I was reading Mark Douglas along with the Al’s book. But now that I’m finished with Mark’s book, I’m thinking of starting with Edwards and Magee. What do you guys think? would it help me in some way or would it mess up everything?? Also, if I should, which edition of Magee’s book do I read? Because there are like tens of those.
Thanks in advance.

Trade well.
-Mayur


Sent using the NexusFi mobile app

PS: if you have got any other suggestions, please, I’m all ears.

Reply With Quote




Last Updated on August 19, 2020


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts