Introduction Systematic trading is much more than trading based on a pre-determined algorithm. There are many parts in a trading system, and trading systems design of the system itself is only the strategic component of a trading program. Let’s illustrate its impact using an example. Although there are no secret trading strategies, meaning strategies are […]
London Price Action Symposium — Scalping how to enter
Scalping How to Enter Hi everyone. I’m Al Brooks. I created this video (Scalping How to Enter) to give you an idea of what I was speaking about at the Price Action Symposium in London on April 2nd and April 3rd, 2022. I hope that you find it useful. Video duration: 36min 14sec London […]
Scalping series:
#03 Ten Emini scalps on 15-second chart
Video duration 24min 17sec Ten Emini scalps on 15-second chart–Video transcript Introduction Hi, I’m Al Brooks and this is a Bonus Video on extreme scalping of the Emini 15-second chart. I hope you find it interesting. This video is an example of 10 consecutive scalps that I made today on a 15-second Emini chart. […]
5 Steps to finding today’s trades
Video duration 29min 21sec. Download: Al Brooks’s Daily Setups Powerpoint Objects (3MB ZIP File) 5 Steps to finding today’s trades — Video transcript Introduction Hi, I’m Al Brooks. Thank you for watching this video. I want to share with you today an approach that I’ve had for more than three decades. At the end […]
Scalping series:
#02 Scalping 2-minute Emini chart
Video duration 46min 04sec. Scalping 2-minute Emini chart — Video transcript Introduction I’m Al Brooks. Thank you very much for watching this video. It’s the second part of a series on scalping. I’m using a 2-minute Emini chart as an example. If you’re interested in finding some detailed rules about scalping, you can look […]
Scalping series: #01 Rules for scalping
Video duration 28min 05sec. Rules for scalping — Video transcript Introduction Hi, everyone. I’m Al Brooks. Thank you so much for your attention. I’m creating a series of videos on scalping. The first video is going to be about the rules for scalping, and then the other videos in the series will be about […]
Forex trading strategies in broad bull channel
Ninety per cent of the time, the market is either in a channel or in a trading range, and it is better to buy at support and sell at resistance. This a good Forex trading strategy…in fact it is a good trading strategy for any market. In a bull channel, support might be the bottom […]
Weak signals need strong breakouts
Today was a trading range day that had a strong reversal up from a weak buy signal. When that is the case, bulls should wait until the upside breakout is strong and then buy because the probability of a profitable trade is higher at that point. This was mentioned in the Trading Room. The market […]
How to trade foreign exchange market weak breakouts
This is an example of Forex exchange market trading, showing how to trade a weak breakout in the EURUSD. It is from my Futures Magazine webinar for the Traders Expo earlier this week. This is a transcript that was created by YouTube’s Close Caption voice to text, so it probably is not perfect. Hi. I’m […]
Learn to trade high 4 and low 4 reversals on 5 min emini
An important step in learning to trade the Emini is to understand channels and High 4/Low 4 reversals. Bull channels often reverse after a fourth push up and the minimum target is TBTL SD (10 bars, 2 legs, sideways to down). Bear channels often reverse up after 4 pushes down. This week had examples of […]
