Who has read Al Brooks books?
- Thread starter Darc
- Start date
While the chart scale is incremented by volume, all those bars you see on the chart are PRICE. Volume plays no part in how those prices move (eg. volume spike somehow precedes price
).
I have his first book but never made it very far. He wrote it as though English was his 22nd language and he was three years old at the time. And we're supposed to believe this guy was an eye surgeon?
Everything I know from Brooks I got from his video course. The information is top-notch, even if his narration is several miles from "edge of your seat."
I did the video course. BUT TA alone does not make you a great trader. Just let me say you this.
In what way do you find volume based charts better?
I do use them myself as my "fast" charts, but mostly out of habit. I wouldn't say to someone they should use volume based instead of time based as I couldn't claim it makes a difference.
The information is top-notch. Whether one is able to convert that information ino a profitable trading plan and then whip himself into line to follow said plan is a whole other level of top-notchedness.
Good Morning volpri,
You are absolutely correct. Who cares about volume, when price is the master of all masters.
There is one thing about price behavior and price dynamics and price velocity and price momentum and price acceleration and price slowness and price speed is that price never lies to me, it tells me the truth every second day to day.
Men lie, women lie, but price never lies.