8/27/2023 0 Comments Al Brooks Trading Wikipedia![]() So far it has been two profitable weeks for me. Two weeks ago I started trading currencies "naked" (without any indicators). He finally concluded that it doesn't work and that one has to learn to trade the price action! If only I had found his book 2 years ago! But seriously I think everyone needs to start down that path (indicators & strategies) so that they can fully understand what's going on and the limitations of the indicator approach. He starts out with a story that's familiar to many of us, I know BigMike & I have taken the same path: He learned all the indicators and then spent years writing indicators and strategies to use them. I have not seen a better book on trading without indicators. And he does exactly what he says, he introduces some concepts and then goes by by bar through the chart looking at the bars. The author trades ES on 5min chart with 20 EMA as his only indicator. Well I got it this week and I must say it's way more than I was looking for. ![]() "Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading)"Ī: Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading) (9780470443958): Al Brooks: BooksĪfter reading the description and the reviews, I decided it was exactly what I was looking for. In the Holy Grail thread Garry recommended this book: ![]()
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