Perfect example of why Al Brooks is impossible to follow

need I say more?!?


Obviously you don't need to say more, and have firmly made up your own mind - as is your right, of course.

With absolutely no disrespect intended, if you prefer to believe what Emmett Moore says (rather than - for example - what the insightful "Overthehill" says in his post on the previous page of this thread) and choose to be influenced by it, then in my opinion you're probably making a judgment to your own detriment.

I'll declare my own bias openly (since we all have them): I'm one of the many people posting in a trading forum who probably wouldn't be making a living at all without having benefitted greatly from a detailed study of Al Brooks' work - difficult and demanding though that study is.
 
Patterns are not a delusion. For example - tight consolidation is very objective. Combined with some stats of average instrument volatility it may provide you valuable information about the likely volatility expansion. Guess idea is clear enough. The rest is up to trader's personal preferences on how to use this idea.


YOU ARE AN IDIOT 68LIKES IN 3856 POSTS what a plonker

 
Wh
You can not teach and old dog new tricks and a leopard never loses it's spots , meaning you can't change people.

The pump and dump is also a very old trick of trading :

https://www.google.co.uk/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=pumping and dumping stocks

You lot never change , pumping and dumping continues , with Al Brooks courses.

Real traders don't have time for this.They don't hang around posting on lower pretenders , they make money trading , not posting on some subjective illusionary discretionary non trader.You think real traders got time to follow this Al Brookso_Oo_Oo_Oo_Oo_O

Read my phsychology threads , opened by me in phsychology section , it is virtually impossible , to process all this information of Al brooks in real time


Good BYE
Whatever..floats your boat..or brain...
 
Anyone who programs and can think logically thru the price action u claim Brooks has incorrectly described......will see TIS U WHO ARE MISTAKEN and u who has incorrectly described the price action in that chart.

But pls carry on, all of you, ... it's better everyone argue than learn to distinguish the components Brooks describes. ...and automates a strategy based on that chart.


Subjective informations with multiple variations can not be programmed .PERIOD.
 
In his book he writes..

"The one-bar selloff at the Bar 9 M2S (a Low 2 at the EMA) was followed by an inside bar signal bar, creating another Breakout Pullback short entry on Bar 10."

Ok, here is the problem, what he calls a M2S is simply a second push down off the EMA but guess what? Bar 9 was the 3rd push down! you would have been stopped out at the second push down.

His entire book is filled with this crap. Simply impossible to follow someone who just makes things up as they go along.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3770792>


The chart is from wiley website available for download to anyone even if you dont own the book.


The pumping and dumping of trading education , books , courses and seminars worked .There were plenty of sales of his books , courses and seminars.Now his accomplices dissapeared , after dismal failure in a journal thread by Cornix.

Certainly he has made of lot of sales and money and sucked up unsuspecting new traders into buying the subjective garbage.Other vendors have dissapeared after their pumping and dumping of education , seminars and books did not work.:vomit::vomit::vomit::vomit::vomit:

this is simply a purging of all the time i invested in this stupid garbage. its like im hovering over the toilet bowl and spewing out all this insanely idiot shit ive been believing in all this time. and now am totally convinced its delusional to think it has any value at all.



If he's that bad, shouldn't you be encouraging others to learn his methods, apply his methods so that you can be on the other side of their trades. :D


Al sells books, get over it, don't read the stuff a.
 
“He who can, does. He who cannot, teaches.”
George Bernard Shaw, Maxims for Revolutionists: Education. Man and Superman, 1903.

Thanks Shaw, this one little quote has caused countless numbers of teachers grief over the years. It is a quote that most people would be familiar with, and certainly every teacher I know has heard it, at least once. Probably directed at them for amusement value from a non teaching friend or relative. And that hurts, the implication being that you are unable to do anything else in life.

It pretty much defines the view of the teaching profession, certainly in my experiences. Low level of respect, low level of pay, low level of benefits. Teachers in North America, Australia and the UK often have a tough time with their careers, the high turnover of teachers in these countries is testament to that.If this analogy is applied to trading educators , then .....................

:finger::finger::finger::finger::finger::finger::finger::finger:

I think phsychology is more important than technical , that is there are no phsychology courses sold on forex factory , except on subjective price action , freely available on you tube.
 
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