Search results

this is just my 4 th day in ET and i am greatly impressed by the analytical prowess of many of those i have come across. not surprisingly since traders must possess analytical ability to process information and then to focus completely on the result, filtering all the noise tempting you to bail...

yep that is what I said see the videos not the book and after i saw his videos i just trade reversals.....so you get in much earlier then the pull backs

you may wait two months i will send you my trading results you can log in to my account using the investor password and even watch my live trading

price action is driven by the needs/psychology of the buyers and sellers. there is nothing magical these are cycles driven by whether prices are attractive to be bought and sold.

instead of patterns understand how buyers and sellers work. sellers want higher prices and buyers want lower prices so the bull and bear relationship is not one of conflict but one of cooperation. When prices drop to a point, buyers come in aggressively, bears also buy at that point since prices...

there are numerous instance where Al does give entry stop placement: entry on L1, stop above the signal bar target 2 times risk. Al is not all bad, neither is Toni Hansen or Joe Ross. but all of them have different names for the same technical pattern:Al calls it L1,Hansen calls it Phoenix...

TA works.....but patterns have a very low probability of success. A big bull bar which occurs after a reversal pattern has a very high probability of following through. every move or swing goes through a cycle: a breakout a channel and then a tight range and then a reversal. you can see this in...

Nice one Joe Ross is a old war horse and always talks sense And i do not believe you can over simplify...but that does not stop me from trying

i have been trading for 30 years-obviously not all profitably but i have a lot of experience- and i am ready to help. Free no charges:D I learnt, unfortunately not early, that it is important to simplify so i threw out all complicated theories. how ever it is not easy to explain in writing:what...

pit traders are a special animal and breed. tape readers would not have had a problem with the change to electronic mode:traders like Livermore. Charts have not changed, price action and price movements will always have the same character

good point institutions do 90% of the volume but do you not think institutional managers do not get emotional as they have to beat the market to remain in their jobs and get their bonuses

absolutely right no one can hide what they are doing

like you said you can write it on a disposable napkin however his basic concepts are still good for a trader: H1 2 ETC, DO NOT TRADE COUNTERTREND UNTIL YOU SEE REALLY STRONG COUNTERTREND STRENGHT and a good reversal signal; there are a few good things. i have never paid for any for his...

to answer your question it is not something they are used to...... but i agree with you, it is about transactions.....that is why the market exists, the market's job is to facilitate transactions maybe he has become Al Broke......:D it is emotions that drive traders to make transactions and it...

this is the most entertaining,if not enlightening, thread i have ever seen and i have seen quite a few... AM LOVING IT

i do not believe,being from india, that anything or anyone is all good or all bad. there is some basic good in Al, some which is incomprehensible or comprehensive only to him. the market has not changed in 200 years: if i produce a chart or a number of charts no one can tell me when that market...

thanks for your tip about market cycle....i was practicing on the trading simulator and that makes a lot of sense.....the cycle is quite logical because market is one sided only for short period of times

which of these trendline breaks would you consider a mtr

any tips on how to trade gap bars- i traded them a few times and found them high probability trades i mean ANY FINER POINTS YOU can tell me

a absolutely brilliant...and you have a big heart to have taken so much pain, to have explained it all in 'Al Brooks' style, which is basically a lot of common sense reasoning. incidentally the BO was up and it closed the week on its highs