Al Brooks Trading Blog ^new^ [TOP ✪]
He will teach you to see the market as a series of probabilities. He will teach you that every breakout has a 50% chance of failing. And he will annoy you by drawing ten lines on a chart where you only see noise.
In the noisy world of online trading education—filled with get-rich-quick webinars and lagging indicator "secrets"—the Al Brooks Trading Blog stands as an anomaly. It is dense, repetitive, visually overwhelming, and mathematically brutalist. For the uninitiated, it looks like a mess of scribbled lines. For the professional and the serious retail trader, it is one of the most valuable libraries of price action analysis on the internet. al brooks trading blog
Here is an honest review of what the Al Brooks Trading Blog actually is, who it is for, and why it provokes either cult-like devotion or outright frustration. Al Brooks is a retired ophthalmologist turned day trader. His core thesis, disseminated via his blog and three seminal textbooks ( Reading Price Charts Bar by Bar ), is simple yet radical: You do not need indicators. He will teach you to see the market
If you have ever visited the blog, you know the drill: screenshots of E-mini S&P 500 futures (primarily) covered in horizontal red, green, and yellow lines, with paragraphs of text breaking down every single bar into "buying pressure" or "selling pressure." In the noisy world of online trading education—filled
For example, Brooks frequently discusses the "second leg up" or "second leg down." A bear trend might end, but he will warn that the "first leg up" is likely to fail, and that the real buy signal comes after a "higher low." This is logical, but in real time, distinguishing a "higher low" from a "bear flag" is incredibly difficult.