Unlike traders who rely heavily on indicators (RSI, MACD) or classic chart patterns (Head and Shoulders), Brooks teaches that everything you need to know is in the price movement itself.
| Market State | Characteristics | Strategy | | :--- | :--- | :--- | | | Higher highs/lows (Bull) or Lower highs/lows (Bear). | Buy low, sell high. Look for pullbacks to enter in the direction of the trend. | | Trading Range | Price oscillating between support and resistance. | Buy low, sell high, scalp. Fade the edges (buy at bottom, sell at top). Avoid breakout entries. | | Breakout Mode | Market is tight (squeeze) and ready to explode. | Wait for the breakout. If it fails, fade the failure. | al brooks trading
The trend continues but with more two-sided trading and frequent pullbacks. Unlike traders who rely heavily on indicators (RSI,
Al Brooks wrote three seminal books that are considered the "bible" of price action. They are dense and difficult for beginners, but essential for serious study. Look for pullbacks to enter in the direction of the trend
His primary tool for identifying the trend and potential support or resistance.
It’s rigorous, dry, and overkill for casual traders – but if you complete his course and practice for a year, you’ll be in the top 5% of retail traders. Just don’t expect shortcuts. For the right student, it’s a 5-star education. For everyone else, it’s an expensive, frustrating doorstop.