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    how to understand Al Brooks

    widen that a bit...in the entire universe... realise that ....everyone wants to take your money...and failing that probably your wife if she is half as good looking.
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    how to understand Al Brooks

    please may you qualify that statement...what exactly are you referring to since there are so many replies in this thread
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    forex trading

    want to get in touch with traders who are trading forex with the aim of discussion of trading strategies.
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    Technical Analysis is total rubbish! Here's the proof!

    totally agree if there were such a person who is 100% right every time, soon no one will take the other side of the transaction. if there was only one outcome that is possible then what can the other side bet on, the person who has to pay the winner
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    Technical Analysis is total rubbish! Here's the proof!

    Warren Buffet is on record saying that if markets were random he would be a bum with a tin cup
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    how to understand Al Brooks

    Or to put it in another way,if Volpri, Al Brooks ,Joe Ross or me would tell you to sell eurusd in the chart below because of all the lower highs it is making would you sell? Or would you ask for their verified trading statements? for me personally, if what someone says, makes good technical...
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    how to understand Al Brooks

    do you need a certified and verified market guru to tell you what to do-buy or sell- when you see the chart below?
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    how to understand Al Brooks

    can you name any guru who has a verified track record and is also willing to take time off from his lucrative money making trading activities,to answer stupid questions about trading from lazy people who want one line explanations on how to make millions of dollars? i have been studying...
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    how to understand Al Brooks

    Al does say that the market will try to break support or resistance, what is known as a test of a level, something it does on a continuous basis,and if it cannot break through, it will go the other way. this is not something new, which he has discovered-he is not the father of technical analysis...
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    how to understand Al Brooks

    while i am not saying that all those who feel that Al is 'hard selling' his ideas are wrong,my point is that all so called teachers/vendors do that. personally i study what he says and if it makes sense to me technically, then i will incorporate it into my trading.Because i have more than 20...
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    how to understand Al Brooks

    a lot of what Brooks teaches is highly subjective and so only experienced traders should expect fast results He regularly says that trading is highly subjective and difficult
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    how to understand Al Brooks

    close of bar
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    how to understand Al Brooks

    what i love most about Al is he says enter at close do not wait for pull back....love this i used to be terrified of entering that way....now i fearlessly enter.. just do it ..am loving it! apologies to mac and nike when market is like this...just do it
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    A few questions about forex trading (and not trading haha)

    to answer your question i think because it needs a lot of patience...you can short my country's currency against the usd but you have to hold for 5-10 years to get some benefit
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    A few questions about forex trading (and not trading haha)

    yes generally there are very long term trends. for example i know the usd will strengthen against my country's currency the INR,Indian Rupee over the long term so you can or anyone can position themselves to benefit. there is the carry trade too where you choose countries with big interest rate...
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    Technical Analysis is total rubbish! Here's the proof!

    like your reply.....what you say is really true!
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    how to understand Al Brooks

    i have never algo anything i do not know first thing about auto trading or experts so ....
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    how to understand Al Brooks

    he does have a chat room where he comments on market action but i do not think he makes live trades in there. but he is not like elliot with a whole new system.. but a lot of little things which did help me make better trades
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    how to understand Al Brooks

    i do not think his methods can be put in a algo....but it is worth having a look at him because of the totally new way of looking at market action. i had studied TA for 20 years when i came across him and i was fascinated...took a decade before i could start making money using his way of...
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    how to understand Al Brooks

    i have read his books and seen plenty of his videos including his video course ...he does bring a fresh new perspective to the way you can look at the market,which of course has not changed,and i found it really helped me.....
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