priceactiontradingsystem.com - futures io
futures io



priceactiontradingsystem.com


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one drw112 with 6 posts (4 thanks)
    2. looks_two MCRENT with 3 posts (3 thanks)
    3. looks_3 acbrasil with 2 posts (0 thanks)
    4. looks_4 maxreturn with 2 posts (2 thanks)
      Best Posters
    1. looks_one Tuschi with 2 thanks per post
    2. looks_two maxreturn with 1 thanks per post
    3. looks_3 MCRENT with 1 thanks per post
    4. looks_4 drw112 with 0.7 thanks per post
    1. trending_up 11,978 views
    2. thumb_up 13 thanks given
    3. group 11 followers
    1. forum 18 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

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

Closed Thread
 
Search this Thread
 

priceactiontradingsystem.com

(login for full post details)
  #11 (permalink)
 acbrasil 
somewhere, brazil
 
Experience: Intermediate
Platform: metatrader
Trading: forex
 
Posts: 60 since Jul 2011
Thanks: 0 given, 23 received


drw112 View Post
The book mainly covers what he calls second entries in a 2-legged pullback (I believe this is similar to Brook's H1/H2 and L1/L2 setups but I'm still reading that book), trading channels, really stresses never count-trend trading, traps (people who fell for a breakout of a double top only to have it go 1/2 ticks higher and fail back into the double top range causing a cascade of buys or sells), identifying trends and ranges. A lot of what is covered is basic trading rules, don't move stops, use the correct size and profit targets. He also employs a scalp and run strategy.

Overall, I'd say it's decent if you are relatively new to price action and/or trading. If you've already read and mastered Al Brooks you probably won't get too much more from it except maybe a different perspective and order management.

Personally I plan on reading this another time or two and continuing with the archive of videos. I think this will give me a pretty good base to continue with Brooks.

drw, how did the course work out for you after all of these months? I watched a couple of the guy's videos and I knew he wasn't blowing hot air in the videos (in the course, I don't know, but I don't think so). I'm asking because our brains tend to have a difficulty when things don't work out 100% of the time and like many people on here, change things... usually for the worse. Are you still trading?


Can you help answer these questions
from other members on futures io?
Wrong tick size?
Treasury Notes and Bonds
NT8 - Footprint Chart adding on code
NinjaTrader
 
 
(login for full post details)
  #12 (permalink)
 drw112 
Chicago IL
 
Experience: Beginner
Platform: Sierra Chart
Trading: Futures
 
Posts: 117 since Feb 2012
Thanks: 22 given, 118 received


acbrasil View Post
drw, how did the course work out for you after all of these months? I watched a couple of the guy's videos and I knew he wasn't blowing hot air in the videos (in the course, I don't know, but I don't think so). I'm asking because our brains tend to have a difficulty when things don't work out 100% of the time and like many people on here, change things... usually for the worse. Are you still trading?

I stopped actively trading futures a few months ago because of work, although, I'm thinking of getting back into it now. When I quit I was up but just couldn't put in the time. I still think it is a good "system" if you want to call it that.

Visit my futures io Trade Journal Started this thread
 
(login for full post details)
  #13 (permalink)
 acbrasil 
somewhere, brazil
 
Experience: Intermediate
Platform: metatrader
Trading: forex
 
Posts: 60 since Jul 2011
Thanks: 0 given, 23 received


drw, it took me a while to get used to his terminology. Now I understand it, and it's really similar to what I've been doing all along. For the money (very cheap) and his regular videos you can't beat that. I've done around 7 price action courses out of curiosity. Yeah, there is a tremendous amount of overlap.

If futures are too much, you could test out some micros in a forex account. The concepts are all the same.

 
(login for full post details)
  #14 (permalink)
 evanbro 
Houston, TX/USA
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures (Previous), AMP (using their free data for the reviews)
Trading: ES
 
Posts: 230 since Oct 2012
Thanks: 174 given, 882 received

I'm all for Mack and his price action trading. I've talked to other members on here and they all have very good things to say about Mack. I email him about once a week asking questions and he usually responds within a day answering my questions in detail. I have a trading journal on here you can take a look at. I'm still learning a ton and am still in sim but I really enjoy the way he teaches PAT.


Visit my futures io Trade Journal
The following user says Thank You to evanbro for this post:
 
(login for full post details)
  #15 (permalink)
 MCRENT 
Ventura,CA USA
 
Experience: Beginner
Platform: Sierra
Trading: ES,YM
 
Posts: 5 since Aug 2010
Thanks: 27 given, 6 received

Its well worth the hundred bucks IMHO.. Just the section on TRAPS will make your money back in a couple trades. No other snake oil salesman on the internet thtt I have found gives you as much useful info for a hundred dollar bill. plain and simple...

 
(login for full post details)
  #16 (permalink)
 Tuschi 
Bochum Germany
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Ninjatrader Brokerage
Trading: ES, FDAX
 
Tuschi's Avatar
 
Posts: 10 since Jan 2013
Thanks: 104 given, 16 received

I am studying and applying his teachings.
This stuff works, I have read the manual (at least two times) and viewed a lot of his videos on youtube.
The 100$ package includes the excellent manual and a 9-page PDF about finding targets. Also included is another pdf that is 300 pages wich contains the daily trade setups from Dezember 2010 to August 2011.

The following 2 users say Thank You to Tuschi for this post:
 
(login for full post details)
  #17 (permalink)
 gocanon 
San Jose + CA/USA
 
Experience: Intermediate
Platform: TradeStation
Trading: ES
 
Posts: 6 since Dec 2012
Thanks: 2 given, 1 received


drw112 View Post
I've been watching the videos on youtube and was wondering if anybody has purchased the e-book. Is it worth it over the videos that are freely available or in addition to the Al Brooks books? It doesn't seem too expensive but I'd rather not spend the money if I don't need to.

Nothing more than what he talks about in his daily videos. Just a simple summary in 1 place. 99$. Yeah worth it.

 
(login for full post details)
  #18 (permalink)
 Nicolas11 
near Paris, France
 
Experience: Beginner
Platform: -
Trading: -
 
Nicolas11's Avatar
 
Posts: 1,071 since Aug 2011
Thanks: 2,232 given, 1,759 received

This other thread may be of interest to you, since it covers the same vendor :


Nicolas

Visit my futures io Trade Journal
The following user says Thank You to Nicolas11 for this post:
 
(login for full post details)
  #19 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,182 since Jun 2009
Thanks: 32,681 given, 99,582 received

Use this thread:



Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal

Closed Thread

futures io Trading Community Trading Reviews and Vendors > priceactiontradingsystem.com


Last Updated on February 19, 2015


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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