Is Al Brooks the solution to false breakouts?

[mason macgregorson]

these posts are meant to irritate.do not analyze them.
so i irritate them back.
there are very few posts of value here so do not expect to find diamonds in the sewer.
i just come here when i have nothing to do

Your posts do irritate; don't believe me, JAA (just ask Al) when you have nothing to do

 

[Saigyou_123]

I would suggest you read more on market structure i.e. break out -> tight/broad channel -> trading range and back again. Once you know which stage the market is at, it is easier to enter.

• In BO or channel, follow the trend, enter with stop orders
• In range, do reversal, enter with limit orders

Thank you for your advice and book recommendation.

For the time being, I have decided to continue working through Al Brooks's book. I am about half-way done now. I found that it became easier to understand his book after getting through the first three chapters.

At this point, I can usually understand the literal meaning of what he is saying and follow his comments on the illustrations. I cannot say I have grasped the deeper mysteries of Al Brooks's thoughts yet. I am hoping that those mysteries will become clear to me after the second review.