![]() This makes the reader feel stupid, so they pay for consulting services from the author to learn the extra 5%. They give you 90% maybe even 95% of the information to be profitable, and make it look like they gave you 100% of what you need to know. ![]() It's common in the personal finance world for authors to sell an idea to an audience in a book. This sort of vagueness is perfect for selling services to people. So far his advice equates to, "Do this every day and eventually you'll start seeing the 100s of repeating patterns in the charts." which could be legit but it seems a bit worthless so far. If you tried to use his style on live charts it wouldn't work. He marks up charts after they've happened. I hadn't heard of Al Brooks before this thread you created so I dove through the intro and watched 2 youtube videos of his. Are you reading the first one: Trading Price Action Trends_ Technical Analysis of Price Charts Bar by Bar for the Serious Trader-Wiley (2012)? The intro is 34 pages. The Stats By Year against SPX data from piTrading:ฤก983 => ) feel free to analyze it and run it yourself. ![]() So here's the Full code I used using javascript.
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