Is Al Brooks the solution to false breakouts?

[mason macgregorson]

yes but the problem here with volume is that if there is no supply, no sellers, which in a bull there is not, then market will go up on no volume.

so in that case, according to laws of volume, a market going up on low volume is suspect.

and since volume does not support price, the bull has no balls so to speak.......totally wrong

volume cannot move with no volume; that is not possible.

 

[mason macgregorson]

According to Einstein, a thing that cannot be measured cannot be understood. You cannot measure Brooks trading and so do not understand. You cannot see Brooks trade, so you are ignorant of that and foolish to make claims about it.

 

[padutrader]

volume cannot move with no volume; that is not possible.

you mean price cannot move with no volume?

price can move 100% with 1 share volume.

price moves because of illiquidity....price goes in search of orders, which is why stop oders are targeted..the volume comes after price has moved.

 

[padutrader]

You cannot see Brooks trade,

but you can learn from his TEACHINGS which he says follow the teachings of many that followed before him.

HE DOES NOT CLAIM TO ANY ORIGINALITY AND SAYS [in his book,see red highlighted portion below] HE FOLLOWS PRINCIPLES set by traders long before him .....
edwards and magee book first published in 1948

so why should you see his results.

but you can demand to see his balls ..that is up to you

 

[mason macgregorson]

but you can learn from his TEACHINGS which he says follow the teachings of many that followed before him.

HE DOES NOT CLAIM TO ANY ORIGINALITY AND SAYS [in his book,see red highlighted portion below] HE FOLLOWS PRINCIPLES set by traders long before him .....
edwards and magee book first published in 1948

so why should you see his results.

but you can demand to see his balls ..that is up to youView attachment 272966

he follows principles that he has not measured, cannot demonstrate and is not doing. Dumb - Dumber - Dumbest

 

[fan27]

he follows principles that he has not measured, cannot demonstrate and is not doing. Dumb - Dumber - Dumbest

But he clearly has some very devoted disciples

 

[longandshort]

Rather than an ascending triangle, I prefer to look for a "gradually moving sideways rhombus". In my backtest with 7 trades on the NQ over the last 6 months this worked perfectly.

GAT

 

[longandshort]

volume cannot move with no volume; that is not possible.

don't bother arguing with these folks... the more evidence you present, the stronger they hold onto their beliefs.

 

[mason macgregorson]

The 2 most common substances in the universe are hydrogen and stupidity; wonder where the argument on Al falls? But it might be moot: Al has his own currency now - called Brooks Bucks.

 

[Handle123]

Why not wait for breakout, then wait for retails protective stops to be hit and enter there. Heeheehee