I've signed up with Al Brook's Price Action course

Gaslight Capital said:
Al Brook's video course is required for my trainees. It provides a solid foundation for understanding price action and it does an excellent job of culling out my hiring mistakes. If a trainee does not understand or see the value in the material quickly, or if he gives me even one complaint about the material, that person is not worth my time nor investment and is immediately dismissed.

I am not recruiting.
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This is great to know.
 
Laissez Faire said:
No worries. I'm not a student of either Brooks or you, but as you said you had no secrets I was just curious as I expect everyone who's mentoring/teaching others to have good results.

Trading ES myself I'm curious what others are taking from this market.
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I understand the curiosity. I am not mentoring or teaching others per se, to my thinking. I am showing how I trade. If someone likes it they can practice it. Maybe they will find some use for it. Or maybe not. I am just indicating how I trade, view the markets, and giving explanations. Granted sometimes folks ask questions and I try to answer them but again it is how I would see it. I am not doing a course or making videos. In my journal just showing what I do or what I would do given a set of circumstances. I could design a course and teach it? Wanna sign up? ROFLMAO
 
Frederick Foresight said:
Of course. Use what works. Personally, I've never been able use measured moves in any of my testing with any reliability, and so I don't bother with them. And, as his book shows, Brandt didn't have much success with them either on balance.

Regarding Fib levels, I find it curious that sophisticated institutional algos would trigger there and that they would reliably continue to do so again and again over time. It just seems so unlikely in the grand scheme of things. But if it somehow works for you then little else matters.
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Hmmm I very often see profit taking at measured moves.
 
Grantx said:
I'm curious and tempted to go through the Brooks material now. Wheres a good place to start?
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Buying into a position brings a cost.
But that's not the only cost you pay, there are costs of maintenance and lost opportunity costs with dead positions.
The maintenance costs are from needing to spend time looking over your positions.
There is also the cost prior to buying, how much analysis is required.
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Here's Al's methods of trading.
 
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