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Praise for Trading Price Action Trading Ranges "Al Brooks has written a book every day trader should read. On all levels, he has kept trading simple, straightforward, and approachable. By teaching traders that there are no rules, just guidelines, he has allowed basic common sense to once again rule how real traders should approach the market. This is a must-read for any trader that wants to learn his own path to success." —Noble DraKoln, founder, SpeculatorA, and author of Trade Like a Pro and Winning the Trading Game "A great trader once told me that success was a function of focused energy. This mantra is proven by Al Brooks, who left a thriving ophthalmology practice to become a day trader. Al's intense focus on daily price action has made him a successful trader. A born educator, Al also is generous with his time, providing detailed explanations on how he views daily price action and how other traders can implement his ideas with similar focus and dedication. Al's book is no quick read, but an in-depth road map on how he trades today's volatile markets, complete with detailed strategies, real-life examples, and hard-knocks advice." —Ginger Szala, Publisher and Editorial Director, Futures magazine Over the course of his career, author Al Brooks, a technical analysis contributor to Futures magazine and an independent trader for twenty-five years, has found a way to capture consistent profits regardless of market direction or economic climate. And now, with his new three-book series—which focuses on how to use price action to trade the markets—Brooks takes you step by step through the entire process. In order to put his methodology in perspective, Brooks examined an essential array of price action basics and trends in the first book of this series, Trading Price Action TRENDS. Now, in this second book, Trading Price Action TRADING RANGES, he provides important insights on trading ranges, breakouts, order management, and the mathematics of trading. Page by page, Brooks skillfully addresses how to spot and profit from trading ranges—which most markets are in, most of the time—using the technical analysis of price action. Along the way, he touches on some of the most important aspects of this approach, including trading breakouts, understanding support and resistance, and making the most informed entry and exit decisions possible. Throughout the book, Brooks focuses primarily on 5 minute candle charts—all of which are created with TradeStation—to illustrate basic principles, but also discusses daily and weekly charts. And since he trades more than just E-mini S&P 500 futures, Brooks also details how price action can be used as the basis for trading stocks, forex, Treasury Note futures, and options. Review: An amazing book for the serious trader - The book is just amazing and I got the proper original copy of the same from the Book Zone seller. So if you are looking for a genuine original copy, please choose this seller. Because the first book of this series which I bought from another seller was not the original and the quality was very bad. The book arrived in time with very good condition. Review: Simplicity at it best - It explains various technical aspects in simple manner with many examples
| Best Sellers Rank | #104,230 in Books ( See Top 100 in Books ) #196 in Investments & Securities #3,894 in Analysis & Strategy #7,335 in Reference (Books) |
| Customer Reviews | 4.5 out of 5 stars 352 Reviews |
R**R
An amazing book for the serious trader
The book is just amazing and I got the proper original copy of the same from the Book Zone seller. So if you are looking for a genuine original copy, please choose this seller. Because the first book of this series which I bought from another seller was not the original and the quality was very bad. The book arrived in time with very good condition.
A**R
Simplicity at it best
It explains various technical aspects in simple manner with many examples
P**D
Awesome!
Excellent, for a serious trader. Every word is important!
A**Y
Obfuscateing book name
Please don't waste your hard earned money on this book because it would not help you to understand Technical Analysis properly rather it would baffle you.
K**H
no doubt about 5 stars. should have to read
this the best book. i read all three books of al brooks. it is must and should has to read. these theory is heavy. but as a trader we have to read. each an every line is important. no doubt about 5 stars. should have to read
B**A
Very disappointed
The book quality is very bad. It’s more of a xerox copy for 5000 rupees. Very very disappointed as the pages aswell look very cheap and dirty.
G**Y
Need better communication skills.
Price action technical analysis should be explained with charts so you can visualize the price charts accurately and not leave it for interpretation of what the author meant, it should not be explained by words alone. The book would've been shorter with more price charts and visual aid. For a technical, it's like reading an engineering book, but without the visual aid to help the reader understand what the author is talking about. It's like learning engineering through a radio (just use your imagination). If its just a novel or story book, its fine to just have text, for technical book, it should have better explanation and visual aid. For a very expensive book, I'm very dissatisfied with this book. As the author said, some may feel the book is incomprehensible, and have to read the book the second time. Some people have other books to read that are better written.
P**N
YOU LEARN TO READ PRICES BY BAR BAR
This incredible trilogy (Trends, Ranges, Reversals) is a must for any price action S&P trader!! It’s in the podium along with Bob Volmans’ book (more FX oriented). These 3 books are a price action masterpiece. Very specialized in the E-mini 5 m chart, which is ideal for a day trader or scalper. Once you have read the classic basic books which are for free on the internet (candlestick patterns, support, resistance, trendlines, supply-demand zones, etc..), then these 3 books are highly recommended. Even though there are some little mistakes in these 3 books they still deserve 5 stars. If you understand the concepts, nothing bothering. Perhaps traders who reviewed them before publishing were a bit distracted. If you are a beginner, it might be difficult to get all the contents at once. In my opinion, it shouldn’t be the first book you read in this field. For me the 3 books are perfect. Just one thing is missing from my point of view: more graphical analysis (where to place the entries, SL and exits), as trading is more graphical than literary. The most important aspect of the books is that Al teaches you to understand what’s happening in the market, and then, you decide where you place your stops, exits or entries. As in trading nobody has “The Truth”, the book’s written in a way that it’ll make you understand that every trader is unique, but the market’s the same for all. He teaches you; how two different traders can be winners at the same time, in opposite directions whether you are a bull or a bear. Both understand the market, both see clearly its structure and even taking opposite trades, they can be both winners, depending on their risk management, chart speed, etc. The most important thing to keep in mind is that: HE TEACHES YOU TO UNDERSTAND HOW MARKET MOVES. Besides Volman’s book (FX), I’ve never read something similar. I’m giving 5 stars, even if I was expecting at least 200 charts graphically analyzed rather than explained. If you have persistence and time, these 3 books ARE A MUST!!
M**O
The most comprehensive guide to how markets actually work
The Trading Price Action series comprises of three books, which is the way the publisher decided to divide the author's work, and the three books must be read in sequence as they build upon each other. The author suggests, and I agree, that multiple readings are necessary to fully digest the material. The three books together are easily the most comprehensive guide to how markets actually work and how to trade them.
S**E
Like dad teaching you to trade
Al Brooks is different. He will teach you like dad pointing to the birds in the yard. I ended up getting his online academy service to augment the book. Now I don't read because there are 100s of videos of his. I am trying to go back to reading (better processing for the brain). Aside from Trading Trends in Stocks by Magee (classic that Brooks recommends), his work is the only stuff you need to succeed in trading. It's a second language, basically. Get your processing speed up.
L**Z
Leitura Excelente com ensinamentos valiosos
Al Brooks é um dos maiores traders de price action e consegue passar seu conhecimento nesse livro. Recomendo pra traders intermediarios e avacados.
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