Anyone Study Al Brooks' Price Action Course? | Page 5 | Forex Factory

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Anyone Study Al Brooks' Price Action Course?

  • #81
  • Jun 1, 2021 3:13pm Jun 1, 2021 3:13pm
Quoting Techanalyst
{quote} I do not trade that strategy anymore. You can apply Brooks strategy on all timeframe but i use to do it on 5min chart. Not anymore, now i trade hourly,4h and daily. Trade safe.
Hi sir. Could you explain your reason behind not trading al brooks method anymore?
What made you change methods?
Did you find a new mentor?
Thanks if you decide to use some of your time to answer this.
  • #82
  • Jun 1, 2021 3:19pm Jun 1, 2021 3:19pm
Quoting Jaricho313
{quote} Hi sir. Could you explain your reason behind not trading al brooks method anymore? What made you change methods? Did you find a new mentor? Thanks if you decide to use some of your time to answer this.
Hi;

I decide to trade longer term, applying into my strategy macro economics fundamentals and trading supply/demand strategy, also applying COT reports. You can follow my posts on EURUSD thread. Trade safe.
  • #83
  • Jun 1, 2021 3:30pm Jun 1, 2021 3:30pm
Quoting Techanalyst
{quote} Hi; I decide to trade longer term, applying into my strategy macro economics fundamentals and trading supply/demand strategy, also applying COT reports. You can follow my posts on EURUSD thread. Trade safe.
Thanks for the reply.
Do you think al's price action is profitable?

I recently swapped from a different tutor who still uses price action but more of a longer term swing trade.
I have also been looking at your posts in EUR/USD.

I dont suppose you could tell me where you learnt to use macro economic fundamentals in your trading, i have tried going down this route before but couldnt find structured information.

Thanks
  • #84
  • Jun 1, 2021 3:45pm Jun 1, 2021 3:45pm
Quoting Jaricho313
{quote} Thanks for the reply. Do you think al's price action is profitable? I recently swapped from a different tutor who still uses price action but more of a longer term swing trade. I have also been looking at your posts in EUR/USD. I dont suppose you could tell me where you learnt to use macro economic fundamentals in your trading, i have tried going down this route before but couldnt find structured information. Thanks
I will suggest the following and it is your choice if you're going to go with it or not...

https://www.whiteoakfx.com/ https://www.youtube.com/c/MagicTrader/videos

https://www.jathensinstitute.com/ https://www.youtube.com/c/JAthens/videos

https://www.itpm.com/education/ https://www.youtube.com/c/InstituteofTrading/videos


The itpm is very specific about macro economics. But whiteoakfx is good too. ITPM is the way to go for macro economics. They are experienced institutional traders who have years of exeperience in stocks and forex. You can pick whatever you want to trade and learn to trade. J Athens is good too. There you go, look it up online see it for yourself and see what you think. Trade safe.
  • #85
  • Edited Nov 2, 2021 4:25am Nov 1, 2021 8:34am | Edited Nov 2, 2021 4:25am
Al Brooks is a bit hard to follow because he speaks mostly in trading terminology. But I'm determined to suffer through his course because it seems to be legit. My goal is to trade profitably so here we go... I will update you if and when I finish. If you don't hear back from me, then I didn't finish and got a job at the local gas station.
  • #86
  • Dec 30, 2021 7:10am Dec 30, 2021 7:10am
Quoting Jody108
Al Brooks is a bit hard to follow because he speaks mostly in trading terminology. But I'm determined to suffer through his course because it seems to be legit. My goal is to trade profitably so here we go... I will update you if and when I finish. If you don't hear back from me, then I didn't finish and got a job at the local gas station.
In the last couple of days, someone asked me if I read Al Brooks books. I was like... ummmm... nope.. I heard the name, but that's it. So, I looked at some of his stuff online.. videos, etc. Do I think he is a price action trader?.. umm.. Not for my standards. He talks in circles and talks more like a gambler and less like a trader that knows how to read pure price action. He also uses lagging indicators. I real price action trader uses zero indicators. And it seems that he is repackaging lots of common trading data that can be found online for free and then selling the info to new, aspiring traders.

During the California gold rush, those that became very wealthy were the ones selling pick axes and shovels. Anyways.. good luck.
Luck has no place in trading. Leave that for the poker table.
  • #87
  • Dec 15, 2023 6:05pm Dec 15, 2023 6:05pm
you can learn a lot about trading price action from his course. He talks about percentages of a trade working out - that's has nothing to do with gambling. He has a lot of free stuff on you tube
  • #88
  • Dec 26, 2023 3:01am Dec 26, 2023 3:01am
No track record; nothing to believe.
This is one investment in a bucket of thousands!
  • #89
  • Dec 29, 2023 6:34am Dec 29, 2023 6:34am
Quoting JourneyLife
No track record; nothing to believe.
you completely miss the point of what he teaches. he is not selling a signal service. why would he need to show you a track record. he is trying to teach you how to trade using price action. you either get it or you don't.
  • #90
  • Edited 10:43pm Jan 9, 2024 6:45pm | Edited 10:43pm
Quoting c-note
{quote} you completely miss the point of what he teaches. he is not selling a signal service. why would he need to show you a track record. he is trying to teach you how to trade using price action. you either get it or you don't.
Here is a story of a pig seller making the claim that his secret method works and wants to teach his secret methods to a buyer or shopper of methods:

Pig Seller: "I am selling you a pig with wings and it is proven to fly. I will teach you the secret concepts for it to fly."
Shopper: "Ok. Show me the proven track record of it flying."
Pig Seller: "You are missing the point. I am trying to teach you a concept that I created with my own hands from scratch revealed to me, where this pig I am selling can fly. It works. These pigs can fly."
Shopper: "Ok. So, show me that pigs can fly."
Pig Seller: "Pigs can fly. I don't need to show you. I just want to sell you my pigs that can fly and teach you the secret methods that work where they are proven to fly."
Shopper: "Hogwash! No proof, not buy."
Pig Seller: "My previous customers are a testimony that pigs can fly with my secret methods."
Shopper: "Ok, show me the track record of one of your successful students."
Pig Seller: "It is a secret. Just believe!"
Shopper: Walks away in Lolz!!!

It is obvious that the pig seller is a scammer. This is how most scams work from religious myths secretly revealed (in a cave, a mountain, plain, etc.) to pig sellers with their "evidence". No matter how many decades or thousands of years it lasted, hogwash is still hogwash.

No track record; nothing to believe: His secret methods that he utters and claims that works for his flying pigs nor Al Brook's secret method that works for his secret profitable method for secret price action concepts that he made up.

And no price action salesman in all these years is in the Forbes millionaire or billionaire list. If one makes even 5% per month compounded per month for 20 years starting from $10,000, then you would have 1,217,395,737. That is not one million; that is one billion! Al Brooks and many others have hit that 20 year mark teaching their secret methods that supposed to work and none of them are billionaires!

Price action salesmen are only profitable in secret: "Shhh! Don't tell anyone that I am profitable; just believe it....it is a secret. It works, but I have no proof that it works. My students are a testimony that it works."
This is one investment in a bucket of thousands!
  • #91
  • Jan 10, 2024 11:29am Jan 10, 2024 11:29am
Quoting c-note
{quote} you completely miss the point of what he teaches. he is not selling a signal service. why would he need to show you a track record. he is trying to teach you how to trade using price action. you either get it or you don't.
it is really like this, if he cant show that he earned millions with this trading style, why anyone should believe in this method then? when he cant do it for himself working, then other fail same.
only proof of method is showing over many years or decades that you can produce a good equity curve with this method, if you cant show this your method is not working for you and you just want hiding this fact - thats basic rule of any coach or seller. 99,999% of all coaches are liar and fakers and nothing near a consistent winning trader, of course they need to hide a equity curve record or noone would sell anything with their bad record.
  • #92
  • Jan 11, 2024 6:51am Jan 11, 2024 6:51am
you dont know what you are talking about
  • #93
  • Jan 11, 2024 6:52am Jan 11, 2024 6:52am
Quoting Trader191
{quote} it is really like this, if he cant show that he earned millions with this trading style, why anyone should believe in this method then? when he cant do it for himself working, then other fail same. only proof of method is showing over many years or decades that you can produce a good equity curve with this method, if you cant show this your method is not working for you and you just want hiding this fact - thats basic rule of any coach or seller. 99,999% of all coaches are liar and fakers and nothing near a consistent winning trader, of...
thats bull
  • #94
  • Edited 11:50am Jan 11, 2024 10:53am | Edited 11:50am
Quoting c-note
{quote} thats bull
what does this mean?
you believe in fakers and scammers without performance to see over years and decades ?

sounds like you dont know the reality in trading (or are scammer by your own, but this i dont know), not many more possibilities open when you hate when people show performance when they want sell or teach something, to show they really can earn by this (thats what they sell more or less).

in general people with this short answer's have nothing to say, out of arguments... so what to answer this comments?
when you want a discussion about your topic, lets start. but bring arguments, not troll only around.
  • #95
  • Jan 12, 2024 4:45pm Jan 12, 2024 4:45pm
you are full of it -obvious you don't know anything about trading. you just spew out more bull shit
  • #96
  • Jan 12, 2024 4:56pm Jan 12, 2024 4:56pm
Quoting JourneyLife
{quote} Here is a story of a pig seller making the claim that his secret method works and wants to teach his secret methods to a buyer or shopper of methods: Pig Seller: "I am selling you a pig with wings and it is proven to fly. I will teach you the secret concepts for it to fly." Shopper: "Ok. Show me the proven track record of it flying." Pig Seller: "You are missing the point. I am trying to teach you a concept that I created with my own hands from scratch revealed to me, where this pig I am selling can fly. It works. These pigs can fly." Shopper:...
who said anything about secrets i believe you are the scammer. how many indicators do you have on your charts? you are showing your ignorance.
  • #97
  • Jan 12, 2024 5:00pm Jan 12, 2024 5:00pm
Quoting Trader191
{quote} what does this mean? you believe in fakers and scammers without performance to see over years and decades ? sounds like you dont know the reality in trading (or are scammer by your own, but this i dont know), not many more possibilities open when you hate when people show performance when they want sell or teach something, to show they really can earn by this (thats what they sell more or less). in general people with this short answer's have nothing to say, out of arguments... so what to answer this comments? when you want a discussion...
you are just another newbie no it all > not worth listening to
  • #98
  • Jan 12, 2024 5:06pm Jan 12, 2024 5:06pm
Quoting c-note
you are full of it -obvious you don't know anything about trading. you just spew out more bull shit
ok now more and more you call yourself a scammer and faker and liar. at least you could hide the effect your are very unsuccessful trader and fake experience by dont write such stupid comments and wrong statements.

performance is not important, you are with this quote one of most famous unexperienced traders or just a useless scammer.
  • #99
  • Jan 13, 2024 3:35am Jan 13, 2024 3:35am
Quoting Trader191
{quote} ok now more and more you call yourself a scammer and faker and liar. at least you could hide the effect your are very unsuccessful trader and fake experience by dont write such stupid comments and wrong statements. performance is not important, you are with this quote one of most famous unexperienced traders or just a useless scammer.
you are so full of bull shit i can smell you from here
  • #100
  • Jan 13, 2024 6:33am Jan 13, 2024 6:33am
Quoting c-note
{quote} you are so full of bull shit i can smell you from here
oh a scammer is always saying same sentence because he was discovered.

why you dont spend more time in learn trading against in act like a child because dont know trading and need to show this to others?
at least you are funny, performance of coaches and system sellers is not important and should not take care for - with this statement you are still the clown of the year. or the scammer of the year, what ever is true for you.

i will wait for your response about bull , do you copy paste it around the internet the same sentence again and again when exposed?

at least you are in stable bad condition in this forum , always bad comments and always randing around. but you make me and other smile with your little boy child behavior , not often to see older man behave like a child when reality hit him.
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