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I could direct you to several online communities of good full time traders who have been influenced by Al, but why would I do that to them. This little farcical bubble of ET is hardly representative of a successful trading community....over and out

None, entirely different world

Standard issue ET thread

:D

But that is a pretty ugly chart Mickey, I wouldn't be interested in trading that.

You can define the breakouts as "noise" if you like but they are simply failed breakouts. That range action prior to and following the first breakout attempt is institutions selling highs and buying lows while pikers are trying to catch breakouts. Most range BO's fail which is why you fade the...

What many call "noise" is simply institutional algo's in scalp mode. They see price as fairly valued and there is no reason to break it out at such time. Eventually they will break it out and it will trend or fall back into the trading range. The same thing happens on a 1 minute chart, a daily...

Right, you have to make this stuff your own. No two people trade just alike regardless of any common influences.

Yep

I hope your post made sense to you, all the best in your journey.

Price is fractal in nature, flat base trading ranges, breakouts, tight and narrow range trend channels etc. occur in all time frames. You either understand the nature of current price behavior or you don't.

Actually Al expends considerable discussion regarding strategies appropriate for different phases of market cycle. Not understanding price behavior in all contexts is a principal reason traders fail A one trick pony "works" well until it doesn't.

Dest has his own language but I don't know enough of options to understand his strategies. But I'd be will to bet anything dear to MW that Dest sure understands them :D

Of course not. This is not a Socratic forum, it's ET :D

Any idiocy not-with-standing, sometimes it's the material and sometimes it's the reader. As to the artist formerly known as Xela, he, she, whatever claimed to know little of Brooks and was an advocate of Bob Volman's work.

The Edwards and MaGee book is an excellent primer of technical analysis but did you know that neither of them were traders? Also no one demanded they show their financial statements to determine the value of the work. In fact I don't recall anyone in the field publishing their financial...

Won't take you long to know a great deal more about his work than his critics.

Then I suggest you avoid at all costs, who needs to see you deceived. No telling what response that might evoke :D

I can only attest to my own benefits of studying his work. As to his income or net worth, I have no interest in knowing. Regarding the ex-wife (a lawyer), she left him and their three daughters when they were children. They are now well educated and comfortable young women.

You must have a tough life to breed that bitter cynicism. I've known Al for many years and he is no charlatan. He doesn't need my defense, there are many, including myself who have benefited by the study of his work. My only involvement in these ignorant threads is to hopefully keep a new or...