Book Discussion: Trading Price Action Trends, Reversals, Ranges by Al Brooks - Traders Hideout | futures io social day trading
futures io futures trading


Book Discussion: Trading Price Action Trends, Reversals, Ranges by Al Brooks
Updated: Views / Replies:31,396 / 88
Created: by Boomer34 Attachments:18

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 18  
 
Thread Tools Search this Thread
 

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

  #31 (permalink)
Elite Member
Hong Kong
 
Futures Experience: Intermediate
Platform: www.x500.pro
Favorite Futures: YM
 
traderdavidt's Avatar
 
Posts: 50 since Dec 2011
Thanks: 13 given, 137 received


ikeaboy View Post
i wanted to ask if anyone knows if it is also necessary to read the first book too, since it is not that readable...

do the new books cover all the material from the old ones?

Hi Ikeaboy,

I have the first book and I've just started reading the new version. I agree completely, it's like Lord of the Rings or maybe what they did with Harry Potter and the last book spreading it over 2 movies :P Yeah, sure, 1 movie wouldn't have done the last book justice :P

Thanks

James


Last edited by traderdavidt; December 17th, 2011 at 11:48 AM. Reason: previous post did not answer Ikeaboy's question, I misunderstood!
Reply With Quote
The following user says Thank You to traderdavidt for this post:
 
  #32 (permalink)
Elite Member
Hamburg + Germany
 
Futures Experience: Intermediate
Platform: Multi Charts, Esignal
Favorite Futures: YM
 
Posts: 17 since Mar 2010
Thanks: 13 given, 14 received


Jblunt89 View Post
The pictures are good, I can see everything, however Al Brooks mentioned that he has released all of his diagrams that he uses in his book onto his website and they are larger and more clearer. So this allows you to have the book in one hand and a zoomable diagram on the other.
James

Thanks for the info James. So I will probably take the kindle version.

Ted

Reply With Quote
 
  #33 (permalink)
Elite Member
Vancouver, Canada
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: IB and Scotia iTrade
Favorite Futures: futures, US stocks
 
anituchka's Avatar
 
Posts: 40 since Jun 2011
Thanks: 78 given, 37 received


I have read 5 chapters in the first book so far. I struggled with the first book but was unable to progress beyond the first chapter. This book is much clearer but still I find myself wondering sometimes "what have I just read?".

I think I will need to summarize the chapters so that I can remember the material, the main problem for me is I lose track, he is discussing things in such detail, I sometimes find myself completely lost and cannot even paraphrase what I just read... anyone has the same problem?

Reply With Quote
 
  #34 (permalink)
Elite Member
Hong Kong
 
Futures Experience: Intermediate
Platform: www.x500.pro
Favorite Futures: YM
 
traderdavidt's Avatar
 
Posts: 50 since Dec 2011
Thanks: 13 given, 137 received


anituchka View Post
I have read 5 chapters in the first book so far. I struggled with the first book but was unable to progress beyond the first chapter. This book is much clearer but still I find myself wondering sometimes "what have I just read?".

I think I will need to summarize the chapters so that I can remember the material, the main problem for me is I lose track, he is discussing things in such detail, I sometimes find myself completely lost and cannot even paraphrase what I just read... anyone has the same problem?


Well as Big Mike has mentioned in his previous post's response to me, I think it would be okay to discus, paraphrase or summarize Brooks' material here. I would certainly appreciate being able to bounce around ideas and my understanding of what he's written so far :P

James

Reply With Quote
 
  #35 (permalink)
Elite Member
Stockholm
 
Futures Experience: Intermediate
Platform: NinjaTrader, Multicharts, Tradestation
Favorite Futures: US and Canadian Stocks
 
ikeaboy's Avatar
 
Posts: 59 since Jun 2010
Thanks: 21 given, 5 received

thank you for the answers... i also got from al brooks support the message that the 3 new books contain everything from the original book....

Reply With Quote
 
  #36 (permalink)
Elite Member
Leesburg, VA
 
Futures Experience: Advanced
Platform: NinjaTrader
 
Posts: 79 since Aug 2010
Thanks: 74 given, 29 received


Jblunt89 View Post
Hi Buzzsaw,

You MUST own the book to be able to remove the DRM, from then, you can convert it into any format you wish. You can find the procedure on youtube, just search for it as I don't want to write the whole procedure down here!

If you have any problems though, just PM me and I'll help you with it.

Thanks

James


Thanks for the pointer. Will review and PM as necessary.

Happy Holidays!

Reply With Quote
 
  #37 (permalink)
Trading Apprentice
Hong Kong
 
Futures Experience: Beginner
Platform: Metastock
Favorite Futures: Forex
 
Posts: 3 since Dec 2011
Thanks: 0 given, 3 received


Jblunt89 View Post
Hi Ikeaboy,

I have the first book and I've just started reading the new version. I agree completely, it's like Lord of the Rings or maybe what they did with Harry Potter and the last book spreading it over 2 movies :P Yeah, sure, 1 movie wouldn't have done the last book justice :P

Thanks

James

I've noticed that it's likely that one need to have all 3 volumes as the glossary in the book does not define all terms used in his book but scattered over the 3 volumes. E.g 20 gap bar setup mentioned on pg 113 of Book 1 was discussed in p.23 of Book 2


Last edited by achan1016; December 24th, 2011 at 11:33 PM.
Reply With Quote
The following user says Thank You to achan1016 for this post:
 
  #38 (permalink)
Elite Member
Los Angeles, CA
 
Futures Experience: Beginner
Platform: MultiCharts
Favorite Futures: EUR/USD, ES
 
Posts: 28 since Sep 2011
Thanks: 10 given, 10 received

Has anyone else noticed the charts provided on wiley for the first book have been replaced by the second? Is anyone else seeing this?

Reply With Quote
 
  #39 (permalink)
Elite Member
Charlotte, NC
 
Futures Experience: Beginner
Platform: Ninjatrader
Favorite Futures: Futures
 
Posts: 56 since Sep 2011
Thanks: 13 given, 32 received

It must be me, I'm trying to read his new book but again, I'm already lost after reading the first chapters.

This new book isn't for me. He's talking about H1, H2 and other stuff without clearly explaining them in the first place.

Congrats to the people who manage to follow it. I'm not one of them.

Reply With Quote
 
  #40 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,229 received



SLYCK View Post
It must be me, I'm trying to read his new book but again, I'm already lost after reading the first chapters.

This new book isn't for me. He's talking about H1, H2 and other stuff without clearly explaining them in the first place.

Congrats to the people who manage to follow it. I'm not one of them.

Watch the two webinars in our webinar section from Al Brooks, he explains it better in video. He will also be doing a third webinar in a couple weeks, details to come.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Book Discussion: Reading Price Charts Bar by Bar by Al Brooks cunparis Traders Hideout 530 October 19th, 2016 08:45 PM
Webinar: Al Brooks on Trading Channels Big Mike Traders Hideout 23 January 24th, 2015 09:35 PM
Webinar: Al Brooks on Trends, Reversals, and Ranges Big Mike The Elite Circle 58 March 7th, 2013 11:43 PM
Brooks Price Action Visual Aid - Bar Count cleon Investor/RT 1 March 26th, 2011 07:16 PM
The Secret Science of Price and Volume by Timothy Ord: Book Discussion. ZTR Traders Hideout 15 August 17th, 2010 01:32 PM


All times are GMT -4. The time now is 08:47 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-13 in 0.13 seconds with 20 queries on phoenix via your IP 54.160.245.121