Al: Brooks Trading Blog

He emphasizes He teaches traders to ask: If I were an institution with millions of dollars, would I buy here? If the answer is no, the pattern fails.

If you survive the first 100 posts, you will never look at a candlestick chart the same way again. If you don't, you will join the chorus of traders complaining that "Al Brooks sees patterns that don't exist."

For example, Brooks frequently discusses the "second leg up" or "second leg down." A bear trend might end, but he will warn that the "first leg up" is likely to fail, and that the real buy signal comes after a "higher low." This is logical, but in real time, distinguishing a "higher low" from a "bear flag" is incredibly difficult. al brooks trading blog

The goal of the blog is not to tell you what to trade tomorrow, but to train your brain to see the of a move based on the current micro-structure.

You should read this blog daily if:

★★★★☆ (4/5) Deducting one star for the steep learning curve and the dated web design, but the content remains 24-karat gold for the price action purist.

Brooks is famous for his psychological analysis of "Traps." He emphasizes He teaches traders to ask: If

No RSI. No MACD. No moving averages (except perhaps a 20-period exponential moving average as a reference). Brooks argues that all information—fear, greed, accumulation, distribution—is already in the price action. Specifically, he focuses on the close of every single bar (usually 5-minute bars on the E-mini S&P 500).

To a novice, this reads like a foreign medical journal. To a student of his method, it is precise. If you don't, you will join the chorus

A major source of confusion for new traders is that markets look different in different modes. Brooks categorizes these rigorously:

Here is a breakdown of the core tenets found within the Al Brooks trading methodology.