Need help understanding Al Brooks (chap. 1 of Trading Price Action Trends)

[Schaefer]

If you empty your cup, and start from scratch, then you'd find that his methods are simple, and practical. For example, he has categorized the shape of candle sticks to only two; trend bar, and doji. Like wise, there are only two types of price action; trending or ranging.

That man is a genius, and some will get it, but some will not.

 

[piezoe]

In Chapter 1 of his book Trading Price Action Trends, Al Brooks mentions something that I found to be quite strange. (I have uploaded the image of the figure and passage in question).

I'm totally confused about the entire second paragraph in the attached image, particularly where he makes the statement that the first leg down begins with A and ends with point B, and that the second leg down is C to D.

How is A to B a DOWN leg? Same thing starting with point C... how is that a down leg? And where is point D?...

What am I missing here?

Thanks for your help, everyone.

There is nothing to understand. His entire book is gibberish!

 

[PriceActionLady]

Al is getting some stuff mixed up between Elliott wave principles with the AB=CD patterns. If you look up both on Google (images)...you should be able to quickly figure out what he was trying to explain because Google has tons of good examples of both (Elliott waves and AB=CD pattens) to help you see Al's mistake.

Yet, he did warn you via saying "the traditional nomenclature is confusing" on that particular page.

AL isnt the best teacher, you can see that he knows his stuff but his explaination r never clever

 

[Xela]

AL isnt the best teacher, you can see that he knows his stuff but his explaination r never clever

I agree completely.

I'm perhaps the forum's biggest "Al Brooks enthusiast" and even I'll admit that his books are badly written and very badly edited. Their content, however, is great. I probably learned more things that eventually translated into earning a living from his books than from anywhere else. But by no means are they "easy reading", to put it mildly!

For anyone interested, however, his video course (about 35 hours of high-quality tuition spread across about 55 videos, as I remember) is in a different league altogether: far easier to understand, and I'm sure that for most people it will be far more helpful than ploughing through the textbooks (and "ploughing through" is exactly the right expression, from my experience!). The video course is more expensive than the books, but in my opinion $250 for 35 hours of tuition, in that league, is really a steal.

He's definitely "one of the good guys".

 

[PriceActionLady]

I agree completely.

I'm perhaps the forum's biggest "Al Brooks enthusiast" and even I'll admit that his books are badly written and very badly edited. Their content, however, is great. I probably learned more things that eventually translated into earning a living from his books than from anywhere else. But by no means are they "easy reading", to put it mildly!

For anyone interested, however, his video course (about 35 hours of high-quality tuition spread across about 55 videos, as I remember) is in a different league altogether: far easier to understand, and I'm sure that for most people it will be far more helpful than ploughing through the textbooks (and "ploughing through" is exactly the right expression, from my experience!). The video course is more expensive than the books, but in my opinion $250 for 35 hours of tuition, in that league, is really a steal.

He's definitely "one of the good guys".

his vids r messy too, but not as messy as his book.
I dont question his knowledges, no doubt he knows his stuff